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Nintendo CEO Iwata never said he would resign

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Please understand!

The 3DS stumbled out the gate, and only recently has it broken into a decent stride on a worldwide scale. The Wii U, on the other hand, is still languishing as Nintendo places its future prospects on the shoulders of its first-party Fall lineup. In their frustration, fans and shareholders alike have been calling for a change in management, starting with Nintendo CEO Satoru Iwata.

Earlier this year, there was a story in Japanese news outlet ITmedia about how Iwata "implied" that he would resign if Nintendo failed to achieve a ¥100 billion (~$1 billion) operating income in the coming fiscal year. We at Destructoid didn't report this news because Iwata never actually said any such thing. ITmedia was simply trying to read between the lines when Iwata said, "Please understand that [achieving the income goal] is my commitment."

The news spread around the web regardless, and that "implication" was brought up again during an recent investors meeting. Iwata's response was, "I don't recall saying I'd resign." That really ought to be the final word, but we know people won't pipe up about how Iwata needs to hit the road. Still, it's good to know Iwata is determined to right the ship come hell or high water.

任天堂岩田社長、辞任に否定的考え示す [Nikkan Sports via Kotaku]


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Tony Ponce
Tony PonceFormer Contributor   gamer profile

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Filed under... #3DS #Industry Bull #japan #Money #Nintendo #Satoru Iwata #Wii U

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