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I think it would be Iwata. Business is brutal I am afraid and sentiment has nothing to do with it.
If I was CEO of Nintendo and my product was performing as badly as the U I would expect to be sacked.

Someone said Ballmer should stay because he makes MS money but even I could have done that. It's not like he took over a sinking ship or anything. Any fool could have taken over a company with no financial issues and very little competition to combat it's monopoly of products.  Other CEOs don't have that luxury and need to fight for every penny against tough multiple opposition.

He didn't do too bad with the x360, however so I hope he stays.