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Soundwave on 28 June 2013
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hsrob said:
wfz said:

I feel like whenever VGC talks about video game news, the articles and discussions presented only ever show half the relevant content.

Copy/pasted from NeoGAF:

As first posted in January, Iwata mentioned his "commitment" to a business profit goal of ¥100 billion (US$ 1.1 billion) by the end of the next business year ending in March, 2014. When asked how he would take responsibility if Nintendo did not meet this mark, Iwata replied, "I ask that you understand my use of the word 'commitment.'"

Some in the Japanese media took Iwata's language to mean he would step down should Nintendo fail to reach the magic number.

At a recent investor's meeting, Iwata was asked directly if he would quit if Nintendo doesn't meet his previously stated target. So, will he?

"I don't recall saying I'd resign," Iwata replied. According to Nikkan Sports, the Nintendo honcho went on to say that the game maker should put tremendous effort into achieving its goal and not think about failure. Sounds like Iwata plans on sticking around!

http://www.neogaf.com/forum/showthread.php?t=606926

OG: http://kotaku.com/nintendo-boss-didnt-say-hed-quit-yo-606796935

I'm going to quote this too because I can see people continuing to talk as though the initial 'quote' was correct and this doesn't exist.

Iwata reigned over Nintendo's most successful years, calling for his blood after 1-2 poor years (years between console generations are always lower on profit anyway) is premature.


Nintendo's been decling for about 4 years now from the peak days of the Wii/DS and he's botched both the 3DS and Wii U launches despite having ample time to learn from his mistakes. Ken Kutaragi was given the axe after a few months of the PS3, even though he basically built the entire Playstation division and the PS1 + PS2 sold 250+ million consoles worldwide.

I agree he should be given some slack, but I think he should also acknowledge he needs some help as he's obviously made several poor decisions in guiding the company since the Wii peaked in 2009 or so and consequently put the company in bad positions with both the 3DS and again with the Wii U.

There should not be such wild highs and lows, of the Wii being the fastest selling console ever for its first few years, to then rapidly declining, and then the successor to Wii being basically the slowest selling console out of the gate since the Dreamcast or Saturn. Unacceptable, especially when they had years to prep for this launch.