Michael Kogan Explained

Michael Kogan
Native Name:Михайло Коган
Native Name Lang:ua
Birth Name:Michael Kogan
Birth Date:January 1, 1920
Birth Place:Odesa, Ukrainian People's Republic
Death Place:Los Angeles, California, United States
Occupation:Entrepreneur
Known For:Founder of Taito
Years Active:1944–1984
Spouse:Asya Kachanovsky
Children:2

Michael "Misha" Kogan (January 1, 1920 – February 5, 1984) was a Ukrainian entrepreneur who founded the Japanese video game company Taito.

Early life

Kogan was born in Odesa on January 1, 1920 to Riva and Kalman Kogan.[1] His family moved to Harbin, Manchuria to escape the Russian Revolution, where he later met Colonel Norihiro Yasue, a member of the Japanese Army's intelligence services and one of the architects of the Fugu Plan, a plan to settle European Jewish refugees in Japanese-occupied Manchuria.He moved to Tokyo in 1939, where he spent most of the duration of the war studying at Waseda School of Economics. He moved to Tianjin in 1944 before returning to Japan in 1950, settling in Setagaya, Tokyo.

Career

Michael Kogan founded his first business in 1944 in Shanghai, called Taitung, its business dealings included natural hair wigs, floor coverings, and hog bristles.[2] Kogan closed Taitung in 1950 after the Communist takeover of China and started his second business in Japan shortly after, a company on clothing distribution, named Taito Yoko.[2] The constant loss of products and negligent employees caused Taito Yoko to struggle financially,[3] and it was eventually abolished.

Kogan established the Taito Trading Company on August 24, 1953, and it eventually became Taito Corporation. The company started out importing and distributing vending machines and then jukeboxes before evolving to manufacture their own.[4]

Kogan died during a business trip in Los Angeles in February 1984. After his passing, his son, Abraham "Abba" Kogan, became Taito's chairman and Akio Nakanishi became its president.[5]

Family and legacy

Kogan married Asya Kachanovsky (b. July 6, 1924 – December 21, 2013[6]) and had two children with her, a son named Abraham ("Abba") (b. January 1947[7]) and a daughter named Rita (b. June 1949[7]). The two stayed married until Michael's death. Asya lived in Tokyo, Abba lives in Monaco, and Rita lived in Southern California and was married to Richard Edlund, founder of Boss Film Studios and an Academy Award-winning Visual Effects Supervisor until her death in 2019.

Abba had a 7.16% holding of Taito stock as late as September 30, 1999,[8] while Rita had an 8.50% holding and Asya had a 2.13% holding as late as March 31, 2005.[9] After Asya passed away on December 21, 2013,[6] it was discovered that about 10 billion yen in inheritance taxes for overseas property was not paid.[10]

Notes and References

  1. Web site: To the Misha Kogan Scholarship Fund. jewsofchina.org. November–December 2011. 2021-03-13.
  2. Book: Smith . Alexander . They Create Worlds . November 19, 2019 . CRC Press . 9780429752612.
  3. Book: Akagi . Masumi . それは「ポン」から始まった-アーケードTVゲームの成り立ち . It Started From Pong. September 21, 2005 . Amusement News Agency . 978-4990251208 . ja.
  4. Web site: History. Taito . 2021-03-13.
  5. Web site: Nakanishi Appointed As New President Of Taito Corp.. Game Machine. Amusement Press, Inc.. 1984-04-01. 2021-03-12.
  6. Web site: In Memory of Asya Kogan. jewsofchina.org. April 2014. 2021-03-12.
  7. Web site: Father of "Space Invaders": In Memory of Mr. Michael Kogan. Game Machine. Amusement Press, Inc.. 1984-04-01. 2021-03-16.
  8. Web site: 第48期 中間事業報告書 . . December 1999 . 2021-03-12 . https://web.archive.org/web/20040619034841fw_/http://www.taito.co.jp/ir/ir_library/business_report/pdf/business_report_199912.pdf#page=8 . 19 June 2004 . dead.
  9. "NOTICE ON RESULTS OF SQUARE ENIX’S TENDER OFFER AND CHANGE IN CONSOLIDATED SUBSIDIARY" ("公開買付けの結果及び子会社の異動に関するお知らせ") (Japanese)(English)
  10. Web site: タイトー創業者妻の海外遺産、相続税100億円未納. The Nikkei. Nikkei, Inc.. 2015-02-28. 2021-03-12.