Iwata Accepts Responsibility for Sales But Will Not Resign

The latest report from Nintendo has shown some disappointing figures. The report reveals that the company expects to sell fewer and fewer Wii U and 3DS consoles by the end of the current fiscal year, with the estimated sales for the Wii U down to 2.8 million (from 9 million) and the 3DS down to 13.5 million (from 18 million).

This means that Nintendo expects to post a loss for this year—quite the blow, considering the optimism we saw in the latter half of 2013.

According to a report from the Nikkei (translated thanks to a poster on NeoGAF), Nintendo president Satoru Iwata has taken responsibility for this news:

“Iwata was quoted at a press conference today saying that he feels responsibility for the poor business performance at Nintendo, and he is sorry to all shareholders. He says the most important thing is to reinvigorate Nintendo’s business as quickly as possible. He will not resign, but stay in office to carry that through.”

What does that mean exactly? We have yet to find out, but presumably we’ll see some changes happening quickly after this announcement.


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Author: Dave View all posts by
Dave will tell you that he likes to play video games, this is in fact a lie. What he really likes to do is buy games, and leaving them sitting unopened on his shelf. He is a monster.

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