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Forums - Nintendo - Iwata says he has no plans to resign - was ''misinterpreted''

 

Is Iwata staying a good thing for Nintendo?

Yes, he has done a good job 39 26.90%
 
Yes, but he has to fix some things 64 44.14%
 
No, with Iwata nintendo has no chance 20 13.79%
 
Doesn't matter, Nintendo is doomed anyways 6 4.14%
 
Doesn't matter, Nintendo... 9 6.21%
 
Is nintendo still around? 7 4.83%
 
Total:145

Nintendo president Satoru Iwata has said that he feels he was misinterpreted by Japanese press earlier this year who claimed that he said he would resign if he was unable to achieve 100 billion yen (US$1.09963 billion) in operating income for the next fiscal year. Iwata told analysts at a recent meeting that he didn’t recall ever saying that he would resign from his position. He said that the company wouldn’t focus on failure and would put tremendous effort into achieving its goal.

Do you think this is a good thing or -this is bad!



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I could see the negative interpretation, that they are now certain they won't meet that goal so he's just claiming it was a bluff or was never said.



Monster Hunter: pissing me off since 2010.

Busted-material! XD



 And proud member of the Mega Mario Movement!

As often as Japanese businesses get misinterpreted at those meetings, I'm not surprised.



The rEVOLution is not being televised

I'm one of the few who is actually glad he is not going anywhere. ^_^



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I got nothing against him either. I dont think he does a bad job. Its just nintendo doesnt have the resources to properly support two systems at once. They need to expand on the development side.



Nem said:
I got nothing against him either. I dont think he does a bad job. Its just nintendo doesnt have the resources to properly support two systems at once. They need to expand on the development side.

or have a system thats a home console, and a handheld console at the same time, which is something I am almost guarenteeing nintendo will do. They would love to say they were the first to do it



morenoingrato said:
I'm one of the few who is actually glad he is not going anywhere. ^_^

Am part of those few if that is true. I think majority want him to stay though but you could be right about it  being the opposite. 



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



To be honest, he is the only CEO of a major company to adress customers directly about their future plans for their software. I dont see any of the others having the balls to do that.
The hate comes from analysts because they cant predict nintendo's worth.