It's all about how shareholders view their investment and how that is represented in C-suite compensation packages.
Nintendo is a public company, but their shareholders understand the Japanese culture of long term thinking. This also reflects in the compensation packages for Nintendo's executives. There is a far smaller emphasis on payment in stock or stock options compared to US Public companies.
it is said that a typical US Public company runs from quarter to quarter. A generalization for sure, but there is truth in that. If the executives paycheck and bonuses are geared towards short term success, than that is exactly what you are going to get.
The only way to resolve this is a change in the compensation structure for C-suite executives. That reward comes primarily with long term success, not short ones.