Iwata Doesn't Recall Saying He'd Resign if Nintendo Targets Aren't Met

By Jorge Ba-oh 28.06.2013 3

Iwata Doesn

Nintendo president Satoru Iwata re-iterated his stance in the company if this fiscal year's figures aren't met.

Back in January it was widely reported that Iwata suggested that he would step down if Nintendo failed to meet the rather tough target of ¥100 billion (US$ 1.1 billion) by the end of the current fiscal year (March 2014).

However in a more recent investor's meeting, Iwata replied to questions on resignation by putting it bluntly, stating "I don't recall saying I'd resign".

That said, Iwata's future isn't set in stone and who knows what might happen in the next eight months. That said, the Nintendo president is adamant that investors, fans and press should focus on the positives and that Nintendo are putting "tremendous effort into achieving its goal" and not thinking about failure.

What are your thoughts on Iwata's position and stance at Nintendo?

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It's because he didn't say that. Western media mis-translated his quote and the news just spread like wildfire. He merely talked about his commitment. This is the problem with sites like Andriasang dying off - it's then left to so-called 'bigger' sites to translate, and often something gets lost along the way Smilie

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