Nintendo’s New President Shuntaro Furukawa: “I Expect To Say What Needs To Be Said”

Recommended Videos

Nintendo’s newly appointed president Shuntaro Furukawa talked about his experiences of growing up with the Nintendo Famicom, and how he plans to lead the company forward, in a press conference today. [Thanks, Bloomtberg!]

 

During the press conference in Osaka, Furukawa talked about bringing out Nintendo’s full potential, and said he would balance Nintendo’s traditions: originality and flexibility.

 

He also talked about bringing Nintendo out of status quo: “I grew up playing the Famicom and come from that generation. Now as a member of management with Super Mario’s creator Shigeru Miyamoto, I have a lot of respect for him. On the other hand, with this new job that can’t just be it, so I expect to say what needs to be said to run the company.”

 

Here are some key figures Nintendo shared during the press conference:

  • Operating profit was 21.1 billion yen in the latest quarter, compared with analysts’ average projection for 20.2 billion yen.
  • Nintendo forecast 20 million Switch shipments for the year, up from 15.1 million in the prior period.
  • Switch software titles totaled 63.5 million in the latest year, exceeding the company’s forecast for 53 million. Nintendo expects to sell 100 million in the coming year.
  • As of the end of March, Switch owners had on average bought 3.9 titles per console, a figure Nintendo estimates will rise to 4.5 in a year.
  • Annual revenue from smartphone games rose 62 percent to 39.3 billion yen. Income primarily attributed to Pokemon Go fell to 10.3 billion yen from 20.3 billion yen a year ago.

 

Current president Tatsumi Kimishima will step down, and Shuntaro Furukawa will be formally appointed on June 28, 2018.


Siliconera is supported by our audience. When you purchase through links on our site, we may earn a small affiliate commission. Learn more
related content
Read Article Next Hololive Figma Is a Sakamata Chloe Figure
Sakamata Chloe Figma No Jacket Pose
Read Article People Should Play Genshin Impact Instead of Wuthering Waves (at Least at First)
People Should Play Genshin Impact Instead of Wuthering Waves (at Least at First)
Read Article Zone of the Enders Vic Viper Model Kit Will Be Restocked
Anubis Zone of the Enders The 2nd Runner Vic Viper model kit by Kotobukiya
Read Article Romancing Saga 10th Anniversary Event Will Appear in Tokyo
Romancing SaGa - Saga Prefecture collaboration 10th anniversary event
Read Article See Honkai Impact 3rd Lantern Lone Destruction: Shadowchase Battlesuit
See Honkai Impact 3rd Lantern Lone Destruction: Shadowchase Battlesuit
Related Content
Read Article Next Hololive Figma Is a Sakamata Chloe Figure
Sakamata Chloe Figma No Jacket Pose
Read Article People Should Play Genshin Impact Instead of Wuthering Waves (at Least at First)
People Should Play Genshin Impact Instead of Wuthering Waves (at Least at First)
Read Article Zone of the Enders Vic Viper Model Kit Will Be Restocked
Anubis Zone of the Enders The 2nd Runner Vic Viper model kit by Kotobukiya
Read Article Romancing Saga 10th Anniversary Event Will Appear in Tokyo
Romancing SaGa - Saga Prefecture collaboration 10th anniversary event
Read Article See Honkai Impact 3rd Lantern Lone Destruction: Shadowchase Battlesuit
See Honkai Impact 3rd Lantern Lone Destruction: Shadowchase Battlesuit
Author
Alistair Wong
Very avid gamer with writing tendencies. Fan of Rockman and Pokémon and lots more!