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Iwata to resign if he can't hit 100 billion yen goal?

Satoru Iwata wants to make sure Nintendo hits 100 billion yen of operating income for the next fiscal year. What happens if Iwata can't hit that mark? It sounds like he might want to remove himself from the situation completely. It's obvious that Iwata is taking the current situation pretty hard, but would resigning really be the right thing to do?

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34 total comments (View all)
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Anonymous
31 Jan 2013 14:30

Game journalists intentionally misrepresenting quotes by Nintendo execs to further hits on their crappy websites? Gosh, that's never happened before.

Iwata, if you are that worried about it, then get us games. Buy some development houses to make digital titles AND big titles. We need another Retro Studios. In fact, we need about three or four more. Go into the warchest and set up some second parties. We need another Monolith. We need another Next Level Games. And so on, so on.
User avatar
31 Jan 2013 14:32

What Nintendo is lacking is a strong marketing presence. I barely see a Ninty related ad on the TV, and there's a whole lot of Xbox and PS3 ads. If they could just push their products further it could make the difference
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31 Jan 2013 14:32

I'm not seeing the implication at all
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31 Jan 2013 14:41

ZS wrote:Game journalists intentionally misrepresenting quotes by Nintendo execs to further hits on their crappy websites? Gosh, that's never happened before.

No, it's on a message board. Honestly, if you want to have a go at anyone for posting this, I think RMC is at fault for either not checking it properly or not caring that it wasn't accurate in light of all the clicks it'll generate here.
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31 Jan 2013 14:46

Frank wrote:
ZS wrote:Game journalists intentionally misrepresenting quotes by Nintendo execs to further hits on their crappy websites? Gosh, that's never happened before.

No, it's on a message board. Honestly, if you want to have a go at anyone for posting this, I think RMC is at fault for either not checking it properly or not caring that it wasn't accurate in light of all the clicks it'll generate here.

RMC posts all Ninty news and rumors he comes across as far as i know. Rumor =/= True
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31 Jan 2013 15:04

I don't see how him doing so would really change anything, though.
User avatar
31 Jan 2013 15:22

Well, I'm not sure that's what he meant either (I sure hope he wouldn't resign).

Reading Iwata Asks, his GDC talks, or interviews with Shigesato Itoi on hobonichi, I'm convinced Iwata is the right president for Nintendo.

Just this morning, I was reading articles from 2004 when Microsoft failed to buy Sega, and tried to convice Yamauchi to sell his shares. Someone like Ballmer at the head of Nintendo would be beyond a disaster. Iwata has the right vision for Nintendo. They're not growing fast enough (he admitted they had problems with developpment on WiiU), but the product and the idea is great.

If something needs to be changed, it's there overseas marketing/communication. Either way NOA has too much control (and makes crappy CMs) or they don't have enough (and NCL think that dumbstep and disco lighting makes a great videogame system commercial).
User avatar
31 Jan 2013 15:23

@Serebii This.

It's just spin by TPTB of the gaming world [or wannabes in GAF's case].
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31 Jan 2013 15:39

This is the guy that told Monolith to take their time with Xenoblade to make it special. This is the guy that gave the go ahead to Sin & Punishment 2 even though the first game was a total flop. He made Nintendo more open with Iwata asks and Nintendo Direct. As a player, I think it would be a god damned tragedy if this man steps down.
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31 Jan 2013 16:45

quicklynow wrote:This is the guy that told Monolith to take their time with Xenoblade to make it special. This is the guy that gave the go ahead to Sin & Punishment 2 even though the first game was a total flop. He made Nintendo more open with Iwata asks and Nintendo Direct. As a player, I think it would be a god damned tragedy if this man steps down.


here-here!

also.. this isnt the first time ive read this headline attached to these quotes.. i just dont see it. all he said is that it is his commitment to reach this goal. i see no sign of resignation.

iwata has been the face of nintendo.. we all know him. he celebrates with us when things are good and apologizes to us when things are not so good. he claims personal responsibility when situations fall a bit below expectations and gives credit to game makers and their products when there are successes. in many ways, he is the exact opposite of the stern and somewhat ruthless yamauchi and i appreciate him all the more for steering the company his own way. so many companies, both in the gaming industry and beyond, could learn a lot from his example. you will never see kazuo hirai apologize to sony consumers and admit their mistakes and weakpoints just like you will never see iwata knock or belittle the competition.

it would be a calamitous error if iwata were to step down, right now... very few could fill his shoes
User avatar
31 Jan 2013 20:27

It's very true that we really don't get that "corporate stereotype" feeling from Iwata since he actually does take responsibility whenever things go wrong, so I don't think I want to see him leave. I also agree that focusing on Nintendo's biggest weaknesses (3rd party support, marketing, etc.) would be a good start towards the intended goal.
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Anonymous
31 Jan 2013 20:34

quicklynow wrote:This is the guy that told Monolith to take their time with Xenoblade to make it special. This is the guy that gave the go ahead to Sin & Punishment 2 even though the first game was a total flop. He made Nintendo more open with Iwata asks and Nintendo Direct. As a player, I think it would be a god damned tragedy if this man steps down.

Agreed.
User avatar
31 Jan 2013 21:11

Given Iwata's past as a developer and president of HAL Laboratory, Inc, he's one of the very few CEOs that surely know a thing or two about how to sell and how to make a game.
I really like him and I can't think of what would happen to Nintendo if he resigns from his position.
IMHO, Nintendo games have been more enjoyable after Iwata became CEO.
User avatar
31 Jan 2013 23:18

Iwata is not the problem. I don't think he should blame himself. He has brought reason, compassion, and sincerity to his post in a way that is very unique. Although there might be some shortsighted shareholders who would like him to be replaced by someone who would be willing to do anything for short-term profits, I think there would be a surprising outcry from people all over the world if he were to resign. I think Nintendo is much better off with Iwata in charge. He has the strength to think of the big picture and to put things in context with Nintendo's entire history. It takes a lot of courage to plot that kind of course.
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01 Feb 2013 00:43

Iwata >>>>>>>>>>>>>>> Yamauchi. If Iwata resigned I would be worried, he has done wonders for the company since he became president.
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01 Feb 2013 01:44

This in my opinion is the worst thing that could possibly happen to Nintendo. :'( Plus there's no telling who would take his place, who's to say some noobie doesn't come along and start pushing the importance of app games and western support, before we knew it we'd end up with Mario Bros on an Ipad and a FPS Zelda...Perhaps that's a overreactment but Iwata stepping down is a horrible idea...

Also, I can't believe there are actually people who are on the verge of celebration because of this news over on Neogaf, place scares me...
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01 Feb 2013 03:33

Well, like has already been said it seems to mostly be a misinterpretation. I think he's not going anywhere.

That being said, it wouldn't be good if this happened. From all I've seen he has the right vision for the company and I trust him in leading Nintendo. A background as a game developer also helps, he knows both how to lead a company and to make games. Who would replace him?
Plus, after all the Nintendo Directs and Iwata Asks and whatnot, I just really like the guy.
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01 Feb 2013 07:34

Mango_Magician wrote:This in my opinion is the worst thing that could possibly happen to Nintendo. :'( Plus there's no telling who would take his place, who's to say some noobie doesn't come along and start pushing the importance of app games and western support, before we knew it we'd end up with Mario Bros on an Ipad and a FPS Zelda...Perhaps that's a overreactment but Iwata stepping down is a horrible idea...

Also, I can't believe there are actually people who are on the verge of celebration because of this news over on Neogaf, place scares me...


I can believe it. The typical gamer - and the wannabe elites on GAF - want gaming to remain a closed-hobby [even though Nintendo started out with the NES and SNES appealing to everyone, adults and kids alike - way to forget gaming's roots!]. :roll:

The 'hardcore' [and increasingly fickle and spoiled] gamer population simply cannot sustain the increasing hardware and game development costs year on year, gen on gen anymore [games cost much more to make / major focus is on 'AAA' budget games, cost more to sell, and thus need far more sales to break even] - new blood was long overdue, and the Wii alone accomplished that.

Time will tell whether it was a temporarily stop-gap or not. If the later, and the expanded audience doesn't return to the Wii U/PS4/X-Box 8, then I'd prepare for another crash...
User avatar
01 Feb 2013 12:53

Chosenoneknuckles wrote:I can believe it. The typical gamer - and the wannabe elites on GAF - want gaming to remain a closed-hobby [even though Nintendo started out with the NES and SNES appealing to everyone, adults and kids alike - way to forget gaming's roots!]. :roll:

The 'hardcore' [and increasingly fickle and spoiled] gamer population simply cannot sustain the increasing hardware and game development costs year on year, gen on gen anymore [games cost much more to make / major focus is on 'AAA' budget games, cost more to sell, and thus need far more sales to break even] - new blood was long overdue, and the Wii alone accomplished that.

Time will tell whether it was a temporarily stop-gap or not. If the later, and the expanded audience doesn't return to the Wii U/PS4/X-Box 8, then I'd prepare for another crash...


What do you expect? The only reason why they want Satoru Iwata fired as soon as possible is because they believe that since Satoru Iwata was president & CEO of Nintendo, Nintendo has been releasing consoles that are low quality, cheap, (according to B3D Forum users) and weaker than Sony's and Microsoft's consoles which really irritates them. I think that the "typical gamers" and people on NeoGAF, B3D Forums, and etc. are way too obsessed with the specs and power of consoles. Honestly, if they wanted a really powerful console, just build your own gaming PC. I heard that most third party games that are on consoles and PCs are cheaper on PCs than on consoles. And I bet that gaming PCs are significantly more powerful than consoles (including the Orbis & Durango if the rumours are correct).

But it could be just me and I'm bound to find people who strongly disagree with me.
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01 Feb 2013 18:37

Chosenoneknuckles wrote:
Mango_Magician wrote:This in my opinion is the worst thing that could possibly happen to Nintendo. :'( Plus there's no telling who would take his place, who's to say some noobie doesn't come along and start pushing the importance of app games and western support, before we knew it we'd end up with Mario Bros on an Ipad and a FPS Zelda...Perhaps that's a overreactment but Iwata stepping down is a horrible idea...

Also, I can't believe there are actually people who are on the verge of celebration because of this news over on Neogaf, place scares me...


I can believe it. The typical gamer - and the wannabe elites on GAF - want gaming to remain a closed-hobby [even though Nintendo started out with the NES and SNES appealing to everyone, adults and kids alike - way to forget gaming's roots!]. :roll:

The 'hardcore' [and increasingly fickle and spoiled] gamer population simply cannot sustain the increasing hardware and game development costs year on year, gen on gen anymore [games cost much more to make / major focus is on 'AAA' budget games, cost more to sell, and thus need far more sales to break even] - new blood was long overdue, and the Wii alone accomplished that.

Time will tell whether it was a temporarily stop-gap or not. If the later, and the expanded audience doesn't return to the Wii U/PS4/X-Box 8, then I'd prepare for another crash...


THIS! x ∞. Especially the bolded part, and for one reason or another, I'm eagerly awaiting that day to arrive and see the heads that deserve it roll.
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Anonymous
01 Feb 2013 18:52

If you ever needed any more proof that GAF is full of idiots and crybaby Sonyfans, the Iwata thread is it. The whole "our forum is the only forums where REAL INDUSTRY PEOPLE POST" theory is a crock of shovel, and hasn't been true since devs turned out to prefer Twitter for their inane self-centered thoughts and rants. Why bother with a sadsack middle man like NeoGAF when you can just post all the stupid crap you want on your own personal pedestal?

Take away GAF's only dubious-and-now-a-falsehood reputation and you're left with nothing more than yet another stupid forum full of trolls, and yet people still give them credit.

It would be like claiming 4chan or SomethingAwful as THE place for real discussion on the game industry.
User avatar
02 Feb 2013 09:05

quicklynow wrote:This is the guy that told Monolith to take their time with Xenoblade to make it special. This is the guy that gave the go ahead to Sin & Punishment 2 even though the first game was a total flop. He made Nintendo more open with Iwata asks and Nintendo Direct. As a player, I think it would be a god damned tragedy if this man steps down.


Couldn't agree more.
User avatar
02 Feb 2013 10:59

"Iwata: More than thinking about not achieving 100b yen operating income, it's my job to think about how to achieve it."

"Iwata: As for what I'd do in case of failure, I used the word "commitment", so please understand what I mean. http://www.nintendo.co.jp/ir/library/ev ... index.html … (See A8.)"

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