Mark Wiebe, seeking his first win on the Champions Tour since 2008 and his third victory overall, is in second, two shots back after shooting 65 on Saturday.
Ozaki's bogey-free round on the second shortest course on the Champions Tour (6,584 yards) included seven birdies, five coming on the front nine.
He said he also felt relaxed during his second round because he played with Fuzzy Zoeller. Ozaki, 54, said he likes Zoeller's pace and in the past he had always told Ozaki to relax.
Ozaki, who has yet to win on the Champions Tour, did appear calm. As he should since three of his five best scores on the 50-and-older tour have come at Newport Beach. But the news of the earthquake and tsunami did concern him a bit.
"He lives in Tokyo, so pretty much kind of far away from the main, damaged city," said Yasuko Moore, Ozaki's caddie who interpreted the golfer's answers during an interview. "But they felt the shake, movement, so they were really nervous. His wife got so shaky because of the aftershock, too. They kept coming back, the aftershocks. His family got really nervous with the aftershocks."
Ozaki's wife called him Friday night. Before that he had no way of getting in touch with his family, including his two sons, ages 20 and 12. He has been away from Tokyo for five weeks, but he plans to reunite with them after this tournament ends.
If he can repeat or better his second-round score, he'll have a chance to take a championship with him. He shot a 64 on Saturday because he said he was able to read the greens better and improve on his putting.
Wiebe, the first-round leader last year, putted just fine, matching his 65 from Friday. He collected seven birdies, three in his final five holes. He was happy with that considering he finds the poa annua greens challenging at Newport Beach.
"These greens, you got to pay attention. Just don't have simple putts very often," Wiebe said. "... I'm ready for a cocktail, actually, just about now."
Price, 54, said he played a conservative round Saturday, finishing with four birdies and a bogey.
"I just need play well enough to win," said Price, who had a five-shot lead after the first round. "I did the right thing. I'm not trying to set any records."