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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 bu...

January 31st 2014 at 2:00pm 0 Comments
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In a follow-up report to Nintendo's financial briefing today, an on-demand gaming service spanning multiple pieces of hardware is described as part of CEO Satoru Iwata's longterms plans. The first step toward this new on-demand service, the report says, was introducing Nintendo Network IDs on both...

January 29th 2014 at 9:59pm 0 Comments
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Nintendo's recently cleared technical hurdles regarding the Wii U's Virtual Console offerings have a clear result - the company announced plans for Nintendo DS titles to join the Wii U's current offering. Nintendo's quarterly financial meeting in Japan, in which Nintendo President Satoru Iwata lai...

January 29th 2014 at 9:35pm 0 Comments
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Nintendo CEO Satoru Iwata revealed the company is looking into non-wearable health monitors during a financial briefing in Japan today. New details on this venture, Iwata said, would be revealed this year, with a planned launch for Nintendo's fiscal year ending March 31, 2016. Iwata said, as repor...

January 29th 2014 at 9:14pm 0 Comments
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During a corporate briefing today in Japan, Nintendo CEO Satoru Iwata confirmed Mario Kart 8 would launch on Wii U some time in May. The Wall Street Journal's Digits blog picked up the news during a Nintendo business briefing held in Japan. Mario Kart 8, announced during E3 last year, is the lates...

January 29th 2014 at 8:50pm 0 Comments
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Last week, Nintendo president Satoru Iwata mentioned that the company was rethinking its business strategy following poor sales of the Wii U console. Speculation that Nintendo would cease building consoles immediately followed, but Iwata assures fans and investors that this is not the case. "The s...

January 20th 2014 at 3:30pm 0 Comments
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Capcom held an event in Tokyo today for Monster Hunter 4 , during which Nintendo president Satoru Iwata revealed Nintendo intends to sell five million 3DS systems in Japan this calendar year. This figure is actually part of a bigger goal, Bloomberg reports: worldwide 3DS sales of 18 million. Nin...

August 27th 2013 at 7:30pm 0 Comments
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While the Wii U hasn't sold particularly well, with Nintendo moving just 160,000 units across three months in Q1 2013, Nintendo President Satoru Iwata is holding strong that the system's price isn't the problem - the price discrepancy between the two Wii U models is. "If the price is actually an is...

August 12th 2013 at 11:30am 0 Comments