Iwata Not Going to Step Down Over Missed Profit Targets

Iwata gives a very “direct” statement about his future with the company.

By Dustin Grissom. Posted 06/28/2013 17:00 3 Comments     ShareThis

It was reported earlier this year that Nintendo president Satoru Iwata had a very personal commitment to reaching Nintendo’s target of 100 billion yen of operating profit for the current financial year. Iwata’s “personal commitment” was interpreted by translators and the media as perhaps meaning that he would resign from his position in the situation that he does not meet this goal. However, Iwata bluntly stated that these interpretations were false in a recent investor’s meeting:

“I don’t recall saying I’d resign.”

Very blunt indeed! Iwata has had astounding success as the present of Nintendo with both the Wii and the line of DS products. The 3DS did have a slow start, but has remained strong after gaining a head of steam last fall. The Wii U has similarly started off very slow; however, also quite similar to the 3DS, the system appears to perhaps be turning around during the second half of this year with an array of new software.

What do you think? Are you happy with knowing that Iwata is most likely here to stay? Ready to enjoy years of adorable, slow English courtesy of Iwata’s Nintendo Directs? Sound off in the comments below!

Source: Nintendo Life

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