Iwata: I worried about being fired

[celine]

bdbdbd said:
@Kihniö: Yes, that was Hiroshi Yamauchi.

@Pichu pichu, Domriver&Nintendo Fangirl: It would be the board who had fired Iwata.

The board consists of shareholders representators, to who the CEO reports, so CEO can't do really anything that the board haven't accepted, in a way of thinking, you could call CEO being the boards executive organ. And the board is the one that chooses the CEO.

Since DS was Yamauchis idea, i think it's largely because of Yamauchi, that the Wii got approval in the first place.

I think Yamauchi share the same vision of Iwata. Yamauchi is the (relative) major stokeholder of Nintendo so he protected Iwata.

"I have been saying this for some time, but customers are not interested in grand games with higher-quality graphics and sound and epic stories. Only people who do not know the videogame business would advocate the release of next-generation machines when people are not interested in cutting-edge technologies." Hiroshi Yamauchi, February 2004

"Coincidental to my leaving the company, I would like to make one request: that Nintendo give birth to wholly new ideas and create hardware which reflects that ideal. And make software that adheres to that same standard. Furthermore, this software should attract consumers as new and interesting. Lastly, and of equal importance, is completing these products quickly and at a cost comparable to today's current market. I imagine most people question the feasibility of my request, but Nintendo has always pursued those objectives. I'd ask that the company continue to follow this goal as my final and only request to the new management staff. I can't say what these new types of software will be, but I'm sure they'll release it during my lifetime." Hiroshi Yamauchi, 2002

Long life to the President.