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Investor "Flabbergasted" Iwata is Still Pres.

 
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Alex_Osborn



Joined: 27 Jan 2012
Posts: 93

PostPosted: Sun Jul 06, 2014 6:35 am    Post subject: Investor "Flabbergasted" Iwata is Still Pres. Reply with quote

Here's what one of the Nintendo's investors had to say at the company's annual shareholders meeting.

"I do not understand video games and I even feel angry because, at Nintendo’s shareholders’ meetings, the shareholders always discuss things relating to video games or such childish topics as 'what the future of video games should be.

"While I, for one, was flabbergasted that Mr. Iwata continues to hold his position although he had said that he would resign if the company’s performance were bad."

Are you happy that Satoru Iwata is still CEO and president of Nintendo?
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UghRochester
Fattest Jedi Around


Joined: 05 Jun 2006
Posts: 7009

PostPosted: Sun Jul 06, 2014 7:28 am    Post subject: Reply with quote

Can't say I'm happy or upset. I'm neutral. Nintendo has and always will be for "kids." Maybe it's time to regenerate and become a kid again?
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De-Ting
Formerly Known as Prince


Joined: 11 Nov 2006
Posts: 7965

PostPosted: Sun Jul 06, 2014 8:10 am    Post subject: Re: Investor "Flabbergasted" Iwata is Still Pres. Reply with quote

Alex_Osborn wrote:
"I do not understand video games and I even feel angry because, at Nintendo’s shareholders’ meetings, the shareholders always discuss things relating to video games or such childish topics as 'what the future of video games should be."

That guy's in the wrong business.
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Rakon
Tastes like burning


Joined: 18 Mar 2007
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PostPosted: Sun Jul 06, 2014 9:23 am    Post subject: Re: Investor "Flabbergasted" Iwata is Still Pres. Reply with quote

Alex_Osborn wrote:


"I do not understand video games and I even feel angry because, at Nintendo’s shareholders’ meetings, the shareholders always discuss things relating to video games or such childish topics as 'what the future of video games should be.


It seems to me that this investor should stop going to meetings, regardless of who Nintendo's president is.

And yes, Iwata's time is done.
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used44



Joined: 08 Mar 2002
Posts: 20809

PostPosted: Sun Jul 06, 2014 10:26 am    Post subject: Reply with quote

Didn't Iwata's approval rating raise a couple percent at the last investor call?
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Sightless



Joined: 23 Jul 2010
Posts: 1210

PostPosted: Sun Jul 06, 2014 12:55 pm    Post subject: Reply with quote

That's such a ridiculous comment, and I'm not sure why he's a shareholder or even going to meetings...

I don't have problems with Iwata, but I also don't work with/under him. I'm not sure what the structure of the company is like in practice. Maybe this is a matter of timing, as well -- seems a bit sucky to let a guy go after the positive news starts surfacing.
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Master_Craig
i liek to draw pictures


Joined: 02 Jul 2006
Posts: 1658

PostPosted: Sun Jul 06, 2014 3:22 pm    Post subject: Reply with quote

I agree. Very silly thing of that investor to say. Saying things like that? He's obviously in the wrong business.

As for Iwata... eh, I got no problem with him. I just want Nintendo to keep doing what they're doing, and that's rising.
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