More interesting is his massive investment into Wind Power. This, excusing initial start up costs, will change traditional views on energy production in the US.
Speaking of views, Warren Buffet just invested tons of cash into chinese battery companies in order to store renewable energy from solar, wind, etc for much longer. Baseload power is the ideal. Also, and more importantly for car manufacturing, these batteries will become cheaper and more common in japanese hybrids and hopefully Fords at some point.
Follow the money. Oil is dead and Nuclear, while feasible and beneficial to my country (we have 40% of the worlds uranium), is still in the long term a major waste problem. We are talking about a 200,000 year problem.
“When we make some new announcement and if there is no positive initial reaction from the market, I try to think of it as a good sign because that can be interpreted as people reacting to something groundbreaking. ...if the employees were always minding themselves to do whatever the market is requiring at any moment, and if they were always focusing on something we can sell right now for the short term, it would be very limiting. We are trying to think outside the box.” - Satoru Iwata - This is why corporate multinationals will never truly understand, or risk doing, what Nintendo does.
