Nintendo legally owns their IP. They don't owe you anything. What Nintendo owes is shareholders value in their brand.
Shareholders are just a bunch of prunes in suits who don't give a shit about gamers, and no, Nintendo doesn't know what they're doing. If they did know what they're doing then we'd have Virtual Console on Switch instead of a substandard subscription system with an increasingly lackluster catalogue. Seriously, Switch Online went from the Donkey Kong Country trilogy to Jelly Boy, and without Earthbound or Super Mario RPG, which is brings the conclusion that they're out of touch.