Nintendo's Iwata: "I don't recall saying I'd resign."

The 3DS is doing pretty well now, but the launch was poorly handled, big price cut under a year after launch, etc. If he can turn the Wii U round in a similar fashion people will be less antsy I guess. I don't think him personally is the problem with Nintendo to be honest.

Why are people so keen for him to resign? Didn't me make the Wii, DS and 3DS massively successful? The WiiU is his only major flop so far, no?

3ds was a flop too and look what happened a while after

Isn't the 3DS only "massively" successful in Japan, and not performing up to Nintendo's expectations overseas?

I don't recall seeing killer hardware unit sales in either NPD or the European tracker.
 
Iwata_not_dead.gif


(Just get rid of the Direct bit)
 
Isn't the 3DS only "massively" successful in Japan, and not performing up to Nintendo's expectations overseas?

I don't recall seeing killer hardware unit sales in either NPD or the European tracker.

AC is doing well... not sure about HW I havent been keeping track
 
The 3DS is doing pretty well now

Not in the West it isn't - sales are pretty much flat year-on-year. It should be in it's growth phase. And it's slowing down in Japan too.

And the Wii was never Iwata's idea anyway. Considering the Wii was trending ahead of PS2 sales at one point, Iwata seriously dropped the ball. Japan's Wii market was certainly the weakest link but it slowed seriously in the West too.
 
He lost them billions of dollars in market share, both with 3DS and Wii U.
So did Kaz Hirai
Isn't the 3DS only "massively" successful in Japan, and not performing up to Nintendo's expectations overseas?

I don't recall seeing killer hardware unit sales in either NPD or the European tracker.
Its still selling very well in the west, not sure why you'd need to downplay that. It was leading in last months NPD sales also
 
The 3DS however, it will SERIOUSLY help this target due to one thing alone. Pokémon. Pokémon will spur sales of the 3DS like crazy. Nintendo will receive a good portion of the profits from it also.

Pokemon is really going to help a lot imo, I feel like X&Y are going to be the highest selling games in the series, possibly by a large margin.

Wondering if the global release will have any effect on sales, positive or negtive.
 
It's a 100 billion Yen in operating profit. That's not exactly hard for Nintendo. Wii U console sales itself is a different story.

If you could elaborate more that would be great- I'm not a business guy at all. Is it realistic to meet the 100b yen goal with good 3DS sales and decent Wii U sales?
 
The 3DS is doing pretty well now, but the launch was poorly handled, big price cut under a year after launch, etc. If he can turn the Wii U round in a similar fashion people will be less antsy I guess. I don't think him personally is the problem with Nintendo to be honest.

I really doubt the people who want him to resign really care about Nintendo's future. They want Iwata and Reggie fired just because. I even read someone from Europe say Reggie needs to be fired ASAP when he has absolutely nothing to do with NOE.
 
Good to hear. He's a very good president.
Iwata Asks and Nintendo Directs are great. The main problem is that they need a bigger workforce to develop more games.
 
Isn't the 3DS only "massively" successful in Japan, and not performing up to Nintendo's expectations overseas?

I don't recall seeing killer hardware unit sales in either NPD or the European tracker.

It's only "massively" successful in Japan, yes. However, that in no way means it's doing badly in America or Europe. It's doing well, not amazing, but well
 
If you could elaborate more that would be great- I'm not a business guy at all. Is it realistic to meet the 100b yen goal with good 3DS sales and decent Wii U sales?

Answer is yes: realistic. Actual Wii U sales target is unlikely though. Don't have the time right now, sorry. Match them up - they are in order, separated by spaces. Please understand.


FY8/1981 FY8/1982 FY8/1983 FY8/1984 FY8/1985 FY8/1986 FY8/1987 FY8/1988 FY8/1989 FY3/1990 FY3/1991 FY3/1992 FY3/1993 FY3/1994 FY3/1995 FY3/1996 FY3/1997 FY3/1998 FY3/1999 FY3/2000 FY3/2001 FY3/2002 FY3/2003 FY3/2004 FY3/2005 FY3/2006 FY3/2007 FY3/2008 FY3/2009 FY3/2010 FY3/2011 FY3/2012 FY3/2013

Operating profit in millions of year:

4,310 22,702 20,592 16,641 20,701 41,508 45,768 48,412 63,994 65,168 137,914 147,542 159,296 103,711 94,955 71,939 65,088 127,753 156,162 145,030 84,697 119,151 100,120 107,683 111,522 90,349 226,024 487,220 555,263 356,567 171,076 -37,320 -36,410
 
A few things to help them reach that goal:

Earthbound U

Pokemon MMO

Zelda U

Metroid U


My bad ass idea Nintendo can have for free:

The Legend of Nintendo - A game where Mario is the main character, exploring a zelda-like world filled with various Nintendo characters. You have all these great recognizable IP's and characters... I think exploring a giant Nintendo open world would be fucking awesome.

Theyve had zero innovation lately.. I feel like they need to take a risk with something brand new.
 
3DS launch was a disaster in the beginning. Everyone seems to forget
DS had pretty horrific launch period too, which people tend to forget. The early 2005 NPDs were brutal.

Really, Wii was the only launch of Iwata's that hit the ground running and was an unqualified success out the gates.
 
It's a 100 billion Yen in operating profit. That's not exactly hard for Nintendo. Wii U console sales itself is a different story.
Nintendo posted an operating profit of around 170B yen in FY10/11.

In that year they sold 17.5M NDS and 121M in corresponding software. They also sold 15M Wiis and 171M in Wii software. At that stage in the systems' lives I would assume the hardware was highly profitable.

Even if they were to meet their forecasts for this fiscal year for the 3DS and Wii U, and they won't, I really don't see how they'd reach that operating profit forecast.
 
I really doubt the people who want him to resign really care about Nintendo's future. They want Iwata and Reggie fired just because. I even read someone from Europe say Reggie needs to be fired ASAP when he has absolutely nothing to do with NOE.

I'd like to see another CEO because the WiiU just had it's third E3 and it's outlook is still shitty. And clearly, problems are rooted deeply within a mishandling of their teams and apparently a complete lack of future proof by Iwata last gen. WiiU is a lost case anyway, but I'd like another good console by Nintendo next gen again. And with him calling the shots, that's not gonna happen anymore. The sole knowledge of handling a handheld in Japan isn't enough.
 
It's only "massively" successful in Japan, yes. However, that in no way means it's doing badly in America or Europe. It's doing well, not amazing, but well

Since Luigi's Mansion 2 it's been having a great run in the UK, I know that much. And that won't slow down with Zelda and Pokemon coming out.
 
I'd like to see another CEO because the WiiU just had it's third E3 and it's outlook is still shitty. And clearly, problems are rooted deeply within a mishandling of their teams and apparently a complete lack of future proof by Iwata last gen. WiiU is a lost case anyway, but I'd like another good console by Nintendo next gen again. And with him calling the shots, that's not gonna happen anymore. The sole knowledge of handling a handheld in Japan isn't enough.

5 fucking months of great game releases back to back on the system this year is considered a shitty outlook.

Wow, you're a fucking trip
 
It's a 100 billion Yen in operating profit. That's not exactly hard for Nintendo. Wii U console sales itself is a different story.

Goddamn. Operating profit? That seems a little far-fetched. Maybe you mean gross profit? That would make sense. Nintendo made 1.8 Billion USD for FY12.

Edit: Nevermind, financial analysis fail. I haven't had my morning coffee :<
 
I'd like to see another CEO because the WiiU just had it's third E3 and it's outlook is still shitty. And clearly, problems are rooted deeply within a mishandling of their teams and apparently a complete lack of future proof by Iwata last gen. WiiU is a lost case anyway, but I'd like another good console by Nintendo next gen again. And with him calling the shots, that's not gonna happen anymore. The sole knowledge of handling a handheld in Japan isn't enough.

Who would you recommend then? Someone from within Nintendo? An outsider from the West? Give me some realistic options.

I suspect that Iwata might be as good as it gets given Nintendo's corporate culture.
 
5 fucking months of great game releases back to back on the system this year is considered a shitty outlook.

Wow, you're a fucking trip

5 months of games that look like they could have easily been on their last gen hardware and still don't offer any reasons to pay additional 100$ for that gamepad.
 
Kaz replaced Ken Kutaragi right after the ps3's launch. The ps3 moneysink and the PS vita failure all happened under him

How did the PS3 moneysink happen under him, when the system's architecture (CELL!) and development of launch window titles were already underway by the time Kaz got to SCEI? He tried to salvage it into something consumers would want (with the PS3 Slim/rebranding), which is something Iwata should do.
 
It really doesn´t matter if Iwata resign or not, as he would be replaced by another old guy of the Nintendo club, traditional Nintendo is not going to change, they are full of old men that are completely out the touch of what average consumer want.
 
good. he has an interesting approach and he makes nintendo a fun company to follow. i'm much interested in his vision of the future.
 
Can someone refresh my memory? I don't recall the Japanese media stating that Iwata implied that he'd resign. I recall the western media stating that despite the fact the English translation doesn't even hint at that at all. Am I missing something?
 
Nintendo posted an operating profit of around 170B yen in FY10/11.

In that year they sold 17.5M NDS and 121M in corresponding software. They also sold 15M Wiis and 171M in Wii software. At that stage in the systems' lives I would assume the hardware was highly profitable.

Even if they were to meet their forecasts for this fiscal year for the 3DS and Wii U, and they won't, I really don't see how they'd reach that operating profit forecast.

Yes, the sheer financial numbers are heavily stacked against him.

Well, whatever, this statement sounds like damage limitation. ie He doesn't want his future position in NoA to look like a demotion from his position of president of NCL.
 
again what does any of this has to do with Sony?
The poster I replied to initially said that Iwata should be fired because he lost Nintendo some market share. Kaz Hirai did the same exact thing and has since gotten promoted to CEO of the entire company. I just wanted to point out how unrealistic getting fired from such a high position because of losing market share this early in the generation was
 
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