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Forums - Nintendo - Iwata’s investor approval rating drops down to 77.26%

Train wreck on 01 July 2013
Mr Khan said:
pfft, investors. When all you care about is the short-term bottom line, of course you're going to resent one of the few people in the industry dedicated to long-term value preservation.

Nintendo has missed on earnings, sales and shippments going on four years now.  That seems pretty long term to me.  Their inability to accurately forcast in their own industry and overstating their own position in it is alarming.  When was the last time Nintendo had a positive/upside shipment for the 3DS, DS, Wii or Wii U? they all have been cuts.



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Lucas-Rio on 01 July 2013
Train wreck said:
Mr Khan said:
pfft, investors. When all you care about is the short-term bottom line, of course you're going to resent one of the few people in the industry dedicated to long-term value preservation.

Nintendo has missed on earnings, sales and shippments going on four years now.  That seems pretty long term to me.  Their inability to accurately forcast in their own industry and overstating their own position in it is alarming.  When was the last time Nintendo had a positive/upside shipment for the 3DS, DS, Wii or Wii U? they all have been cuts.


Nintendo under Iwata made both record of sales and profits from home and handheld consoles. So obviously, 10% of the investors have short term memory while 77.26% understand that Iwata did a great job.



Yakuzaice on 01 July 2013
happydolphin said:

You make good points, but can all this be blamed on Iwata? Much of these decisions (full game pricing, company ogranization model) are part of Nintendo's fiber. Is Iwata the man to change this or is that part of their company identity and culture, hence decided on by a board?

If their choices are bad, then they are all to figure it out I believe. I could be wrong since I've never been in their board meeting, but from what I understood most architectural decisions like that are decided by the board which include Yamauchi, Miyamoto and a few others last I was informed (I could very well be wrong).

I'm not sure how much would need to be approved by the board or how much influence Iwata can wield with them.  I guess it really all comes down to how much of a say does Iwata have in the decision making process.  Did he decide on the $250 price point, on 3D as the unique selling point, on the launch line up, etc.

If he wasn't responsible for all this, then it is really just a matter of changing the names around.  Perhaps he has been granted more power in light of previous bad decisions by others.  It's impossible to know for certain from the outside.  However investors seem to be more keen on blaming Iwata than Miyamoto or other board members.



noname2200 on 01 July 2013
Suke said:

Nintendo CEO, Satoru Iwata, approvel rating drop about 30% from investors. It used to be at 90.96%.

90.96 - x = 77.26

Math isn't my strong suit, but how does one make x = 30?

 

Edit: Aw, beaten like Iwata at an investors meeting.



LiquorandGunFun on 01 July 2013

im surprised its even that high tbh.



 

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Jumpin on 01 July 2013
Mensrea said:
I don't like that Iwata has invested essentially nothing into building new studios, and expanding current ones. Nintendo is obviously woefully unfit to fill a console by themselves as of late, and they don't have any third party. You're going to have to expand.

Bullshit, you only need to Wikipedia "List of Nintendo Development Teams" to see a breakdown of the office expansions and addition of new teams since Iwata has taken over. Nintendo has been one of the fastest expanding videogame companies inThe last 10 years.



I describe myself as a little dose of toxic masculinity.

AZWification on 01 July 2013

         I made a thread on how  Nintendo can sell their Wii U games: http://gamrconnect.vgchartz.com/thread.php?id=163442&page=1  Only if they would see that thread....  



                
       ---Member of the official Squeezol Fanclub---

Proxy-Pie on 01 July 2013

honestly, Iwata is one of the few Company heads I'm actually fond of and like



Arius Dion on 01 July 2013

The only thing surprising to me is that apparently Nintendo devs have ratings in the 90's..That seems unfair. But lets see if this actually causes changes to happen and a corrective course for Nintendo as a company. Obviously the current path is not the correct one.



Bet between Slimbeast and Arius Dion about Wii sales 2009:


If the Wii sells less than 20 million in 2009 (as defined by VGC sales between week ending 3d Jan 2009 to week ending 4th Jan 2010) Slimebeast wins and get to control Arius Dion's sig for 1 month.

If the Wii sells more than 20 million in 2009 (as defined above) Arius Dion wins and gets to control Slimebeast's sig for 1 month.

Proxy-Pie on 01 July 2013
Arius Dion said:
The only thing surprising to me is that apparently Nintendo devs have ratings in the 90's..That seems unfair. But lets see if this actually causes changes to happen and a corrective course for Nintendo as a company. Obviously the current path is not the correct one.


because the games are good?