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Forums - Nintendo - Is Iwata about to lose his job?

 

What's going to happen?

Iwata is out 92 37.25%
 
Miyamoto will take over 29 11.74%
 
Maybe a Pokemon MMO will ... 64 25.91%
 
Don Mattrick needs a job 61 24.70%
 
Total:246
ExplodingBlock said:
Make Sakurai the president, Miyamoto would be good but he is a bit old and might retire soon


Sakurai is a VERY talented dev, but I could never see him lead a company. I've only seen the guy twice (in video) myself and can tell you he would crack under the pressure. Make Reggie Pres! He is Nintedo's shit talker and he is f'ing hungry. That is what Nintendo needs, someone who will take risks.



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MohammadBadir said:
But if he does get replaced, I'm gonna miss the Directs ):

He will miss them too



Fusioncode said:

In just a few short weeks Nintendo's investors will be voting on whether or not they want to keep Iwata around. With dysmal WiiU sales, major losses, and underperforming 3DS numbers is this Iwata's swan song?

Major losses? Underperforming 3DS numbers? Where is this coming from? Here's Nintendo's net income for the last 6 years (displaying the year at the end of the financial year):

2009: 257 billion yen
2010: 229 billion yen
2011: 78 billion yen
2012: -43 billion yen
2013: 7 billion yen
2014: -23 billion yen

As you can see, their net income (which is where you determine "profit") is a loss... but a rather small one, less than 10% of the profit made in 2009 and about 10% of the profit made in 2010. Indeed, the net loss over the last three years is less than the profit made in the lacklustre 2011.

And the 3DS numbers are only underperforming relative to Nintendo's highly optimistic predictions made at the start of the fiscal year; their total 3DS sales have remained almost steady from the previous year (they predicted 18 million, it was around 12 million, compared to 13-14 million in the previous two years).

What's more, that -23 billion yen number from 2014? It's entirely due to things like R&D and advertising expenditures in Q4 - indeed, their Q4 net income was -33 billion yen, meaning that they were up 10 billion yen prior to that expenditure.

So no, Iwata isn't about to lose his job. Indeed, the only legitimate gripe against Iwata is the "dismal" Wii U sales. And that's something that is likely to at least improve this year, given that two of the biggest franchises - Mario Kart and Smash Bros - are set for release, alongside a new Zelda title (Hyrule Warriors) and the retail version of Wii Sports Club.



Slarvax said:
RolStoppable said:
Slarvax said:
EricFabian said:

 

Hmm... Maybe Miyamoto? But I don't think he is/will be a good CEO. I don't see him as a leader.

Iwata's apprentice, or a long time game developer (Aonuma and MK's head of dev team comes to mind) are what I believe should be the next CEO of Nintendo. But what do I know, I'm just a guy


erm, i love miyamoto, and i do like how good spirited and how creative his mind is, but no, He is certainly not a CEO type. but it would be interesting



foxtail said:
darkknightkryta said:
foxtail said:

At a age of 54 Iwata is actually the youngest person on the board of directors at Nintendo, the average age of members being 67.

This is the biggest problem right here.  Everyone is old.  

Actually I made a mistake using the old board of directors.   Iwata retired some representative directors last year and added some younger blood too.  

He is no longer the youngest member and the average age is now ~58.7.  Kaz and Iwata are also aound the same age.

Satoru Iwata - 53
Genyo Takeda - 64
Shigeru Miyamoto - 60
Tatsumi Kimishima - 63
Kaoru Takemura - 67
Shigeyuki Takahashi - 59
Satoshi Yamato - 55
Susumu Tanaka - 60
Shinya Takahashi - 49
Hirokazu Shinshi - 47

 

I think these are last years numbers so add 1 year to their age.

 
Kaoru Takemura - 67, is also expected to retire this year and Naoki Mizutani is expected to be appointed as a new director.


and how old is he? late 30's to early 50's is fine, but 60's you should defiantly think about getting younger blood



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vgoobug said:
foxtail said:

Kaoru Takemura - 67, is also expected to retire this year and Naoki Mizutani is expected to be appointed as a new director.


and how old is he? late 30's to early 50's is fine, but 60's you should defiantly think about getting younger blood

I don't know how old he is but Mr. Naoki Mizutani served as a Corporate Auditor of Nintendo so I'm guessing he has some age and experience.  

We'll find out his exact age when he gets appointed though.



Aielyn said:
Fusioncode said:

In just a few short weeks Nintendo's investors will be voting on whether or not they want to keep Iwata around. With dysmal WiiU sales, major losses, and underperforming 3DS numbers is this Iwata's swan song?

Major losses? Underperforming 3DS numbers? Where is this coming from? Here's Nintendo's net income for the last 6 years (displaying the year at the end of the financial year):

2009: 257 billion yen
2010: 229 billion yen
2011: 78 billion yen
2012: -43 billion yen
2013: 7 billion yen
2014: -23 billion yen

As you can see, their net income (which is where you determine "profit") is a loss... but a rather small one, less than 10% of the profit made in 2009 and about 10% of the profit made in 2010. Indeed, the net loss over the last three years is less than the profit made in the lacklustre 2011.

And the 3DS numbers are only underperforming relative to Nintendo's highly optimistic predictions made at the start of the fiscal year; their total 3DS sales have remained almost steady from the previous year (they predicted 18 million, it was around 12 million, compared to 13-14 million in the previous two years).

What's more, that -23 billion yen number from 2014? It's entirely due to things like R&D and advertising expenditures in Q4 - indeed, their Q4 net income was -33 billion yen, meaning that they were up 10 billion yen prior to that expenditure.

So no, Iwata isn't about to lose his job. Indeed, the only legitimate gripe against Iwata is the "dismal" Wii U sales. And that's something that is likely to at least improve this year, given that two of the biggest franchises - Mario Kart and Smash Bros - are set for release, alongside a new Zelda title (Hyrule Warriors) and the retail version of Wii Sports Club.


Nintendo's handheld sales are the lowest they've been since 1997/98 ... that was before the launch of the Game Boy Color and Pokemon in the US. 

He can lose his job by the way, it's not a matter of what you think, it's a matter of how shareholders vote. He went from 95%+ approval rating a few years down to 77% last year (even with the small net profit) and will almost certainly get less than 77% this time around. If his approval ratings start to dip below 50% then the board may have no choice but to remove him. 

I suspect though while Iwata is losing support and confidence of his shareholders, his approval rating won't dip that low just yet. I think he's set the table in telling shareholders to wait for QOL (ie: he's bought himself about two years). If that flops though ... then it could get ugly. 



EricFabian said:
a question for people that want Iwata leave: who will replace him?

I am indifferent to Iwata leaving or not, but I think this guy would do a great job!




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

Why doesn't this poll have a 'no' option?



I describe myself as a little dose of toxic masculinity.

Jumpin said:
Why doesn't this poll have a 'no' option?

Because the thread title already invokes "Betteridge's Law of Headlines".



WHERE IS MY KORORINPA 3