ICStats said: Interesting question in this Nintendo shareholder Q&A. wttp://www.nintendo.co.jp/ir/en/stock/meeting/140627qa/03.html "I have been a shareholder of Nintendo only since last year and I am a bit surprised by the fact that Mr. Takeda, chairperson of this meeting, has no more than 200 shares of stock in this company and that except for Mr. Iwata, who owns 6,700 shares, the other directors also have only 100 or 200 shares each. I do not think such small stakes in the company will give you incentive to do your best, and I was wondering if you were just working as salaried employees. Why do you not increase the number of shares the management team holds?" Fair point really. It doesn't inspire confidence when company directors have peanuts investments in the company. |
Nintendo stock isn't a great investment right now, not too surprised that Nintendo's own directors are unwilling to invest their own money in the company.
It is discouraging to see though if you are a shareholder.
I think Genyo Takeda needs to retire too ... the overemphasis of power efficiency on Nintendo consoles since the GameCube really serves no tangiable benefit to Nintendo (it actually probably makes the hardware more expensive than it has to be) or the general consumer.