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Forums - Nintendo Discussion - Is Iwata about to lose his job?

 

What's going to happen?

Iwata is out 92 37.25%
 
Miyamoto will take over 29 11.74%
 
Maybe a Pokemon MMO will ... 64 25.91%
 
Don Mattrick needs a job 61 24.70%
 
Total:246
EricFabian on 21 May 2014
AZWification said:
EricFabian said:
a question for people that want Iwata leave: who will replace him?

I am indifferent to Iwata leaving or not, but I think this guy would do a great job!



let's pay extra $5 just for Mario jump high as Luigi. Hell ya! Can't wait!



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Aiddon on 21 May 2014

No, because that's completely impossible. Shareholders have next to no power in Japanese business and the Board of Directors is for the sake of the president, not the shareholders. It amazes me how people try to talk business and then clearly show they've never done any actual research; they just spout things from dubious sources.



DevilRising on 21 May 2014

No, he's not, and these unoriginal threads need to die.



WhiteEaglePL on 21 May 2014

WHERE IS THE NO OPTION? This is B.S.



noname2200 on 21 May 2014
Incubi said:

Why didn't we have this conversation when Yamauchi was in charge? It's not like he has a perfect record, either. Was it because he owned a majority of Nintendo shares? And Iwata probably doesn't own any shares (or very little) ? As i see it, Yamauchi could only fire himself cause he held so much voting power, while Iwata is completely at the mercy of shareholders. Is this correct?

Partly that, partly that you don't fuck with Yamauchi, but also partly that the company never lost money under his watch.



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burning_phoneix on 21 May 2014
noname2200 said:
Incubi said:

Why didn't we have this conversation when Yamauchi was in charge? It's not like he has a perfect record, either. Was it because he owned a majority of Nintendo shares? And Iwata probably doesn't own any shares (or very little) ? As i see it, Yamauchi could only fire himself cause he held so much voting power, while Iwata is completely at the mercy of shareholders. Is this correct?

Partly that, partly that you don't fuck with Yamauchi, but also partly that the company never lost money under his watch.


It didn't make as much money as Iwata did, eithier.



Mr Khan on 21 May 2014
noname2200 said:
Incubi said:

Why didn't we have this conversation when Yamauchi was in charge? It's not like he has a perfect record, either. Was it because he owned a majority of Nintendo shares? And Iwata probably doesn't own any shares (or very little) ? As i see it, Yamauchi could only fire himself cause he held so much voting power, while Iwata is completely at the mercy of shareholders. Is this correct?

Partly that, partly that you don't fuck with Yamauchi, but also partly that the company never lost money under his watch.

Also it's a family company. Sure, it had grown to be much more than what Hiroshi had gotten, but, for his tenure, it was still "granddad's hanafuda company" that had been given to him.



Monster Hunter: pissing me off since 2010.

paidenthusiast on 21 May 2014

If they do get rid of Iwata they should promote either Bill Trinen or Richard Kelbaugh the current CEO of Retro Studios to CEO of Nintendo Of America



jonathanalis on 21 May 2014

na.
they will wait for figurines to decide anything.
or even QoL.
but if none of them bring good earns to nintendo, i would bet in iwata being fired.



Aielyn on 22 May 2014
trestres said:
That's not really how it is.

The way to judge if a business is going well is to look at the operating income, and not at the net income, which takes into account 1 time happenings like sales of buildings, exchange rate movements, etc.

If we go back and check the operating results, we get the following:

2008: 555bn yen

2009: 356bn yen

2010: 171bn yen

2011: -37bn yen

2012: -36bn yen

2013: -46 bn yen

Here the trend is one of total decline and sustained losses, 3 consecutive years of operating red numbers. I dont think Iwata will go, only because of the QoL promise, but he will have to resign if the QoL launch is a failure, since they will be consistently on the red with the VG department on years to come

Even on that measure, we're looking at 2013-2014's loss being less than 10% of the profit made in 2008, and their 2011-2014 losses combined being less than their profit from the lacklustre 2010. So like I said, this is no huge loss. Also, net income includes things like interest gained on investments (for example, their stake in Pokemon Company), which is relevant to overall performance. Operating Income is a good measure of how the core business is performing at that point in time. Net Income tells you how the company's funds have actually changed.

Oh, and Nintendo hasn't been selling off buildings, they've been making new ones... indeed, their new headquarters is estimated to cost over 16 billion yen - that's not that much less than their actual net loss. Imagine if they hadn't been building it.

Investors are pretty smart - they don't just look at raw numbers, they look at the context. And when you look at Nintendo's relatively minor losses compared with Iwata's forward-looking activities (like establishing QoL, arranging new IP deals, building of a new headquarters, etc), you see a situation in which short term loss is being accepted with an eye to longer term stability.