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Nintendo has bought back 9.5 million shares of its own stock, valued at 114.2 billion yen ($1.1 billion), in its first step to stabilize the company's changing financial situation. The family of Hiroshi Yamauchi, Nintendo's late (and great) CEO, sold back a portion of its shares during this buyback...

1 year ago 0 Comments
February 4, 2014 at 1:00PM
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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 ...

1 year ago 0 Comments
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Former Nintendo President Hiroshi Yamauchi, credited for turning Nintendo from a playing card company into... well, Nintendo, has died at the age of 85. Yamauchi was president of the company from 1949 until 2002, holding an executive advisory role until his passing. Yamauchi was responsible for ...

1 year ago 0 Comments
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Revving up Gran Turismo 6's engines on the Vita would be "really hard" on a technical level, Sony Worldwide Studios President Shuhei Yoshida told IGN last week. "As you can tell looking at GT6, it really is using PS3 to a very high level," Yoshida said. "In terms of Vita support, I don't expect ...

1 year ago 0 Comments
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Ahh, the quote. Whether used to end an essay or defame a political opponent, the quote is a very versatile tool. Particularly in the era of blogging, every word that escapes a well-known figure's mouth has the potential to be immediately flung back at them. It's quite scary to look back o...

6 years ago 0 Comments
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After coming third last year, former Nintendo president Hiroshi Yamauchi is now the richest man in Japan, according to Forbes. Current estimates place Yamauchi's net worth at $7.8 billion, a figure that would see the 80-year-old place 40th in the equivalent U.S. list, and 149th in the world. You ...

7 years ago 0 Comments
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Forbes has released their list of the 40 richest people in Japan, and a familiar name is at the top: Nintendo's former president (and current guy who receives a lot of money), Hiroshi Yamauchi. Yamauchi still owns a bunch of stock in Nintendo (the company founded by his great grandfather), and also ...

7 years ago 0 Comments

Sure, we all love the above image, but have you ever stopped to wonder where all those Benjamins are going? Apparently, it's into the waiting mouth of former Nintendo chairman Hiroshi Yamauchi who, according to Forbes, has devoured enough bills to be worth $7.8 billion, making him Japan's richest ma...

7 years ago 0 Comments
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Oh, that Kazunori Yamauchi. He loves to tease us. In an interview with Germany's derStandard (partially translated by develop), the man behind the Gran Turismo series says it would be "very, very improbable that GT will come out on another console." No surprise there, but then that little scamp of ...

7 years ago 0 Comments
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It's been over three years since we first sighed 'awwwe' to Polyphony Digital's plans to develop a kindly, gentler racing simulation with the kid-friendly Gran Turismo for Boys. Now series mastermind Kazunori Yamauchi has come forward about the project, and in a recent CVG interview commented that...

7 years ago 0 Comments
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Hiroshi Yamauchi, former chairman of Nintendo's board of directors and the company's president prior to Satoru Iwata, is now the third wealthiest person in Japan, according to Forbes. Yamauchi reportedly has a net worth of $4.8 billion. On Forbes' list of the 40 richest Japanese, Yamauchi is noted f...

7 years ago 0 Comments
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Hiroshi Yamauchi, the previous chairman of Nintendo, has enough gold coins for a few hundred extra lives, easy. According to Forbes Asia, he is now the third richest man in Japan, after coming in at number eleven last year. His net worth is now $4.8 billion dollars. In first and second place are...

7 years ago 0 Comments
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Motor Trend's 2007 Power List has been released and a surprised face has emerged on it -- the creator of Gran Turismo, Kazunori Yamauchi. The list chronicles those who make a significant impact on the automotive world. While many of us agree that Gran Turismo is an excellent title that did wonders...

8 years ago 0 Comments