Nintendo President Satoru Iwata Re-Elected

June 27, 2014 - GamePolitics Staff

During yesterday's annual shareholder meeting, Nintendo re-elected president Satoru Iwata to the board of directors. Iwata was not at the meeting - he's still recovering from a major surgery. The proposal to re-elect Iwata and nine other executives was approved without any opposition (PDF).

Nintendo designer Shigeru Miyamoto, Genyo Takeda, Tatsumi Kimishima, Shigeyuki Takahashi, Satoshi Yamato, Susumu Tanaka, Shinya Takahashi, and Hirokazu Shinshi, were all re-elected. Naoki Mizutani, was elected to the board as well.

While the company has seen better times it's hard for the game community to imagine anyone else at the top of Nintendo. It's also hard for shareholders and other executives within the company to imagine a Nintendo without Iwata in some sort of leadership role at the Wii U and 3DS maker...

Iwata has been stuck in the unenviable role of trying to figure out how to turn the company's fortunes around when it comes to improving the install base for its Wii U console. The company has experienced its third straight annual financial loss this year, and though Iwata apologized for the poor performance at the time, he has never said he has any plans to leave the company. He and other executives did take pay cuts again this year.

Excluding new sales driven by the release of the hit game Mario Kart 8, Wii U has sold 6.17 million units to-date. Nintendo has not reported yet how many units were sold thanks to the release of that game, but we suspect that it helped drive Wii U sales upwards at least a little bit..

Source: GameSpot


 
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