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Posts tagged satoru-iwata

Nintendo AGM: Mario Kart 8 sells 2 million, Iwata re-elected

Mario Kart 8 sold approximately 2 million copies worldwide in less than a month, as it continued to race along the Wii U sales charts. IGN reports Nintendo announced the sell-through figure at its annual general meeting of shareholders, which took place yesterday. Nintendo must be chipper about...

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Nintendo CEO to miss shareholders meeting following major surgery

Nintendo President and CEO Satoru Iwata underwent surgery last week to remove a bile duct growth, and as a result he will miss the company's upcoming annual shareholders meeting. In a letter published on Nintendo's site, the 54-year-old explained the growth was fortunately detected early and he...

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Nintendo president: Expect 'Nintendo-like' profits in 2016 [Update]

Nintendo President Satoru Iwata recently acknowledged the long rebuilding process the company is mired in to become increasingly profitable again in the coming years. While unable to offer specific numbers, he toned down expectations for the coming financial year (FY 2014) as well as the next one...

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Nintendo unveils NFC character figurines, compatible 3DS device

Nintendo is developing figurines with built-in tech to communicate with both the Wii U and 3DS, along with a new device to make them compatible with the handheld. ‚ÄčThe NFC (near-fields communication) reader and writer is due in the first half of 2015, and uses infra-red to communicate with the...

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Super Smash Bros. brings the fight to 3DS this summer, Wii U in winter

In a tweet posted immediately prior to today's Super Smash Bros. Nintendo Direct broadcast, the company revealed release windows for the next two Super Smash Bros. games. The 3DS game will make its debut this summer, while the Wii U version will appear in "winter 2014," presumably in time for the...

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Nintendo president explains new focus on player health

It came as a surprise when Nintendo announced plans to develop health-monitoring technology, but according to president Satoru Iwata, this is just one part of the company's new focus on improving the health of its customers. "With a platform business that improves people's [quality of life] in...

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Report: Yamauchi family to sell shares in Nintendo buyback

Nintendo will put into effect a 114.2 billion-yen ($1.1 billion) share buyback program tomorrow – the first instituted response to lackluster Wii U sales lowering the company's bottom line. Nintendo will seek to reacquire as many as 9.5 million shares (7.4 percent) of its outstanding stock...

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Nintendo's contrarian streak saved us from a monstrous Pikachu

Pikachu now stands as the world's most famous electric rat, but had Nintendo been more inclined to accept outside advice, the little yellow cash cow may have been less "cuddly" and more "hideously terrifying." During the initial development of Pokemon, the company was repeatedly warned away from...

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3DS life sim Tomodachi Collection heading West

Tomodachi Collection: New Life is coming to North America, Nintendo CEO Satoru Iwata has confirmed to the Wall Street Journal. Iwata didn't provide a time table for the Western launch. A Nintendo representative told Joystiq that the company "has nothing to announce at this time." Tomodachi...

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Iwata: Nintendo considering mergers and acquisitions as an option

Nintendo President Satoru Iwata said mergers and acquisitions are an option for turning the company's fortunes around in a Nikkei interview. Iwata said the company "should abandon old assumptions about our businesses. We are considering M&As as an option. For this reason, we'll step up share...

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