Not many CEOs these days are liked, let alone loved, but Nintendo’s Satoru Iwata was one of those few that absolutely no one had a problem with. He was loveable, huggable, slow to anger, the opposite of greedy, and humble enough to impose a pay cut upon HIMSELF when the company had a bad year. Because he was too good for this world, he passed on at the unfair age of 55.
The CEO of The Pokemon Company, Tsunekazu Ishihara, recently shared an interesting story during an interview with the Japanese website 4Gamer (translated by Siliconera).
Satoru Iwata, president of Nintendo for 13 years, died yesterday. The news was released to the public a short while ago. Iwata joined Nintendo in the 1980s through HAL Laboratory, where the roster of games he worked on ran the gamut from Balloon Fight to EarthBound. He became the company’s director in 2000, and two short years later, Nintendo’s long-standing and notoriously sinister president Hiroshi Yamauchi retired and appointed Iwata as his successor.
It is with a heavy heart that I must say that Mr. Satoru Iwata, the President of Nintendo, has passed away at the age of 55. Mr. Iwata died of a growth in his bile duct. Iwata had a series of health issues recently, but it was believed that he was getting better. It was in fact due to his health issues that he was unable to attend E3 in the last few years. However, he did present for the Nintendo Digital events.
E3 is less than a month away, and the eyes of the gaming world are all waiting with anticipation on what the gaming companies both big and small will reveal. For Nintendo, you could argue they have the most to gain, and the most to lose if their E3 doesn’t go well, both critically and in the eyes of fans. They’re last in console sales, and they lost one of their big titles that was supposed to come out this year in Zelda Wii U. So you wouldn’t be filled with joy when you hear that Nintendo President Satoru Iwata will not be at E3 this year. Nintendo released the following statement as to why.
During a recent investors meeting, Nintendo CEO Satoru Iwata revealed that Nintendo had no plans to showcase or talk bout Nintendo’s next video game console, the NX, or Nintendo’s upcoming mobile video games at the 2015 Electronic Entertainment Expo. Per Iwata, Nintendo’s focus at this year’s E3 will be on the Wii U and 3DS; that is you want to believe them.
According to a new report from the Japanese business news provider Sankei, Mario Kart producer Hideki Konno has been put in charge of overseeing Nintendo’s new partnership with DeNa to bring into existence those Mario mobile games every investor has been screaming for. Some mobile game makers actually pump out one game per week (and barely make a profit) but Nintendo president Satoru Iwata feels Nintendo should only commit to five, and release them sparsely over the next two years.
TIME Magazine has published more of its exclusive interview with Nintendo president Satoru Iwata. Within it, Iwata reveals some new facts, and disproves some old ones….
Yesterday Nintendo held its investors’ meeting in Japan. Since it was a private meeting we don’t know everything about it, but we do know Amiibo sales were discussed, because we have slides.
Nintendo announced today that The Legend of Zelda: Majora’s Mask is coming to the 3DS in Spring 2015.
Nintendo President Satoru Iwata announced the development of character figurines that can interact wirelessly with Nintendo’s Wii U and 3DS game systems.