Nintendo has confirmed that its 74th Annual General Meeting of Shareholders will be happening on June 27th. The event will kick off at 10am Japan time and is sure to reveal some riveting information. There will be a traditional question and answer session held by Nintendo president Satoru Iwata after the event takes place. It has also come to my attention that this is the date during which the company’s investors vote to approve Iwata back on the board of directors. It’s certainly going to be an interesting day.
Thanks, Holly C and StarTeamFight.
No wonder why Iwata can’t come for the E3, he will have to prepare this meeting. I am sure Reggie and Miyamoto will be enough for the E3 anyway. No need for him to be there to be honest.
Iwata will be safe in this meeting.that’s for sure…
Iwata safe? No I really don’t think so. If I was an investor for this company, Iwata would be the one person that needs to go. He doesn’t understand the market and he doesn’t understand his fans. He’s the only president in Nintendo history that has been on watch while the company is on its lowest terms. They need a guy that understands that the market is not just east and west, but one whole concise world. And knows to release things marginally close if not world wide, so that it doesn’t lose hype. The Wii U is doing as horrible as it is because Iwata doesn’t use his resources efficiently and as a direct result has taken too long to release its key titles which held interest at the time, and just lost it abysmally for taking so long. Nintendo needs a president that presents their things not on some cheap Internet video, but on an actual stage together with the other two so that not only fans, but investors become interested in such a high expectations sort of time. Nintendo has gone down in quality and in status because of Iwata and he needs to either step it up or go away. E3 will tell, even though they just have a show floor with no presentation, if investors aren’t convinced, he’s going down.
100% agree
At least you are being honest
The Nintendrone army is on its last stance our empire must strike and release the pure nextvgen expirience now for everyone can forget that horrid machine the pii u……
Nobody will even remember your empire’s E3 conference Commander Kratos…
This year is all about us vs the Xbots…
Guys, you’re acting like fucking 5 year olds
Meh, just let them have their fun it’s not like it’s too annoying. But still I’m super hyped for Nintendo next week.
I really hope High Command does not disappoint…
Ther eis no room for further failures concerning the Wii U…
It is annoying
Annoying to you maybe. To me, it’s entertaining. Least they are trying to have fun on here by not taking it too seriously. Of course, I only know this about Quadraxis. Kratos might be serious, though. Not sure.
This has to be the funniest thing I’ve seen. STEVIE WONDER
What game experience your talking about, there’s nothing new in your empire keep dreaming
The Titans will probably kneel for forgiveness after our E3 conference…
Who r the titans?
The Shareholders…
Stop acting like a 3 year old
What this post does not mention is that shareholders will be voting at this meeting and Iwata may be voted out of Nintendo and replaced by someone else.
ReviewtechUSA talks all about it.
Does he have any official statement to this claim?…
If not, then he is just spewing out ideas of his no matter if they sound logical or not…
“According to Nikkei, Iwata is coming upon a “June of trials,” as the Nintendo president’s approval rating has dropped for the past three years. Nintendo hosts a general shareholder meeting every June, in which the company’s investors vote to approve Iwata back on the board of directors. The report states Iwata’s approval rating was 92.9 percent in 2011, but that dipped to 77.3 percent last year.”
It’s just a likely possibility. The Japanese site is just saying that it could happen.
Who is gonna release an official statement saying Iwata is gonna be fired in June anyway?
Thanks guys :-) Just added that in.
Well considering it’s after E3, I think they are going to wait if our Lord rises again or falls…
He’ll be voted back in. He still has majority approval ratings and it’s not like the investors have any idea who is able to take Iwata’s place.
He dropped from 92% approval to 77% in less than a year. Now after continued losses, LARGELY missed sales marks, no real spike in marketing except for MK8 (hmm how did that work out?) and general scatter brain about what direction the company needs to take (proclaims hardcore gamers but still caters nearly exclusively to casuals) We need a CEO that takes action to innovate and avoid failure, not one that only has reaction to failure
And you know this, how?
Hope he is fired. We need a progressive CEO in place, not someone who has their head stuck up their ass. No marketing, no game push, loss after loss… time to go iwata.
The man is a fail and needs to go.
100% agree :-)
the wii was the biggest mistake…
and the result you see now.
no hardcore gamers, no casuals… just the old fanboys (like me) has a Wii U
Thats the day Iwata will announce
“I Satoru Iwata would humbly like to step down as President of Nintendo,
Please understand “
It’s doubtful actually.
I just hope they dont fire iwata man. That would suck.
Please understand
If e3 goes very well, then iwata might stay, they really need to show something big other then zelda
I will say this about iwata, He is the best damn president when it comes to not firing people. In this industry lately layoff after layoff has been been building. If there is large level of people getting fired the product might get affected, if people are in fear of losing their job. He does seem to going the right route with dlc(offering free or big bang for your buck. Akso he does give gamers the middle finger of dropping support on a console when its life jus begun.Thats the major reasons why I like iwata. The things I don’t like about him are he kinda push the hardcore away, and he might be very closed minded to the internet(youtube mostly). In some areas he looks like he is really pushing to keep his job. The gamecube adapter, and the smash tournament are a start of redemption. Let me also remind people when nintendo is struggling, they tend to bring the best they gotfor that generation
Except they just announced closure of a building in Germany. About 130 ppl losing their jobs….
As a frustrated Wii U owner, I hope he gets fired and we see real changes at nintendo. They have done nothing to get more support (instead they keep saying “it’s up to them not us” which is bull), more advertising (seriously), focus more on Wii U and less on handheld (see February 2014 nintendo direct) or even removing region locks from their systems.
If iwata does get fired, take Reggie with him.
reggie actually hasn’t done anything heavyly wrong, Nintendo japan calls most of the shots. He tends to try to get support, but he can’t offer anything without japan’s say so. Reggie was said to almost gotten us the rareware titles on virtual console, when microsoft asked if they could have the original codes for 007, but iwta steped in and stop the transaction. Reggie gets alot of shit because some of the calls from nintendo japan. He actually talks to fans, and interacts with them if he can, but he can only do so much.
Well, if Nintendo japan calls the shots, then maybe we need to contact those folks. Anyone know a contact email for the japanese site?
Wouldn’t mind Reggie given a chance. I would not give ms the original code for 007 though. They(MS) STILL do multiplayer soo much better than nintendo and it would be a smash hit on ms. Same reason why 007 HD was canned bc it would be a dual release. MS version would be so much better. Perhaps a trade of banjo kazooie, conker, all retro titles, ect for 007 code? Since nintendo cant use it again without MS and activision(i believe they hold part of rights) might as well get something out of it.
he call fans insatiable and impossible to please… anything to shift the blame for their own incompetence. The man is a idiot.
I’d rather see iwata stay.
His replacement is bound to bee wise if they listen to idiots like Michael Pachter.
That’s a risk that shouldn’t be taken.
We should change how Iwata runs certain aspects of the company, instead.
Be worse, not be wise.
Exactly. We don’t need a new CEO that wants to make mobile phone games or fire people to save money. Iwata might have gone casual with the Wii but he hasn’t gone full blown casual. He’d have to start having the company make Mobile phone games to truly have turned to the casual market. And he actually cut his own pay to save money for the company so all of the employees can keep their jobs. He’s been in charge of Nintendo during the highly successful DS, Wii, & 3DS. It’d be completely stupid to fire him over one bad year & a half.
No, he hasn’t done anything a true CEO or leader should be doing. He isn’t trying to mend fences with 3rd party, he isn’t pushing marketing when people are STILL confused about the difference between wii and wiiU, he isn’t aggressively pushing out games and allowed game drought on wiiU after the whole 3ds debacle. He got LUCKY with the wii, period. Dumb, stupid luck. Wii was underpowered and motion controls were originally developed for the GameCube. They weren’t perfected until too late in the cycle, so they had to release them with a new system with very little upgrades. LUCK so had it that smartphones were still early on, so people bought up a bunch of wii’s&c for wii sports. Looking at numbers, software wasn’t that great relative to systems sold. It was all a happy accident. 2 years later and the wii would’ve flopped.
I don’t know who head of marketing is over in Nintendo, but wiiU was/is a terrible name. Iwata lied about reining in core gamers and continues to ignore the reasons the system is floundering. Instead he is “looking to the future, towards QOL”.
Total bullshit.
Iwata has failed and his vision stinks. Throw someone else a bone and let them try. I agree there shouldn’t be full blown games, but redbull did a story earlier this year about “mini” games that could boost/market the brand with a new generation who really isn’t growing up with nintendo. It would expose new generations, recapture old fans, and overall just promote the brand. It could also be used to build brand loyalty for underused ip’s, before coming out with new games.
And he cut his own pay not to save $$$ for employees, but as a goodwill gesture for consecutive losses.
“1 bad year”…. Idiot, do some research. Find out how many years they’ve been making losses.
who fucking cares about pachter? try using your own head to understand why Iwata staying will be dire for the company, ffs. WiiU and its ‘play it safe’ are an irrelevant discrace.
*’play it safe’ software stategy
I really like the head guys at Nintendo, I just wish they would do something about the third party games…i just really want to play arkham knight and madden 15…
You know what? I’m tired of all this. I’m going to start a campaign on miiverse (similar to Shokios nintendo redirect, but with a better direction) to get more third party games on the Wii U REGARDLESS of system specs and sales.
third party isn’t something that u can just get into days world. Most refuse because nintendo doesn’t really pay for additional content, or bribe for support. Third party has become more jerkish compared to their past selves, and for many its biting them back now
Nintendo’s 74th Annual Hunger Games?
It’s going to be a rough meeting but I am sure that if Iwata is voted against, Nintendo will still truck on
No shit retard. What if this man gets fired you think Nintendo will be hurt? Iwata IS a very big problem and Nintendo will be better without him. Your either 1 a mindless fanboy or 2 just started to play Nintendo because you’re a kid and you don’t know any better. If you weren’t either of those you wouldn’t be questioning this. Unlike me a true Nintendo fan who has been there from the beginning. Also a true Nintendo fan that plays more than just the few Nintendo games like Pokemon…… *cough* you and many other fanboys *cough*.
His a great lord , why ppl want him fired or step down to his thrown
Our Lord will have to prove himself next week…
because he’s a senile moron who thought it was a good idea to avoid competing. Following a no risk, no gain policy will eventually kill this company. They’re so fucking behind today’s standards, at this point.
I think when his gone Nintendo might go to worst
Not possible, Nintendo couldn’t be more shit right now.
If he somehow doesn’t get fired or replaced then don’t expect Nintendo to ever be good or be relevant again.
Unlike you 30 year old virgin basement dweller man children and little kids, i’ve actually been a fan since pretty much the start and know that this man HAS TO GO. If your a fanboy your opinion is irrelevant anyway because you damage control everything even the bad. So nobody listen to them, they’re only killing Nintendo.
Highly successful DS, highly successful Wii, highly successful 3DS, cut his own pay to keep from firing employees, refuses to go into mobile gaming. Compare that to 1 bad year & a couple of bad months. This isn’t damage controlling as these are facts. And if Mario Kart 8 & E3 turns everything around, do you really think they will fire Iwata?
Nope, and when that happens, Nes Era will be idiot here.
And why did he have to take a 50% pay cut?
Because Iwata changed Nintendos forecast saying the company expects a net loss of 25 billion yen instead of a net profit of 55 billion yen. Iwata slashed the Wii U’s sales forecast from 9 million to 2.8 million.
Investors don’t live in the past. They don’t want to lose their money. Such a drastic and negative change in Nintendo the last few years is enough for them to elect new members to the board.
So to answer your question…yes. Yes, I really think it’s quite possible they will fire Iwata. Personally, If I was an Investor and my money was with Nintendo, I wouldn’t vote for him again. Get rid of the guy. As of now, what they’re doing at Nintendo is not working.
1 bad year?… they’ve been in the shitter since the wii’s death. MK won’t do shit to change the WiiU’s fortunes. Rehashes can’t save it.
If you believe so. Mario Kart 8 says otherwise, though.
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