Nintendo President Tatsumi Kimishima's approval rating up to 97.70 % (from 87.14 %)

R

Rösti

Unconfirmed Member
#1
This was posted in another thread (the Media Create Sales thread), but I figured it deserved a bit more exposure.

During Nintendo's 77th Annual General Meeting of Shareholders, held June 29, 2017, five directors were elected to the Board of Directors. The numbers below:

Tatsumi Kimishima: 97.70 %
Shigeru Miyamoto: 97.59 %
Shinya Takahashi: 97.65 %
Shuntaro Furukawa: 97.65 %
Ko Shiota: 97.65 %
Source: https://www.nintendo.co.jp/ir/pdf/2017/170703.pdf

The approval rating of Mr. Kimishima last year was 87.14 %. You can view the voting results for last year here.
 

BocoDragon

or, How I Learned to Stop Worrying and Realize This Assgrab is Delicious
Dec 5, 2005
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#5
How much of Nintendo's recent success was driven by Kimishima? Surely Switch and mobile gaming was spearheaded by Iwata? Maybe the mini classics line?
 

Dupy

"it is in giving that we receive"
May 17, 2005
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#7
Seems reasonable. Like Kaz he steer the ship clear from certain disaster. Looking forward to seeing Nintendo keep their momentum.
 

Ushojax

Should probably not trust the 7-11 security cameras quite so much
Nov 1, 2009
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#8
How much of Nintendo's recent success was driven by Kimishima? Surely Switch and mobile gaming was spearheaded by Iwata? Maybe the mini classics line?
Obviously Iwata started the transition to the Switch/mobile era but Kimishima has been in charge for almost 2 years. He is the guy that had to actually launch these products and make them sell.
 
Sep 7, 2006
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#13
I like the guy, very pragmatic and straight to the point. His HR background probably helped fix a lot of internal struggles at Nintendo. They are releasing games at a fast pace these days.
 
May 23, 2014
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#21
Well, with Nintendo doing well these days it's hard to not put your confidence in the current president.

I wonder how long he'll stay on the position. Isn't he supposed to be just for the transition? Maybe with how smooth things are going right now he'll be there for the long haul.
 
Jan 23, 2008
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#22
Nintendo stocks have been dropping recently (since June 29 actually), so I'm guessing this didn't really mean much in the grand scheme of things.
I'm not sure I understand your point. The stock has been pretty much steadily rising since March 2017 -- are you saying the trend since June 29 will continue?
 
Sep 11, 2009
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#27
Until they have blown all their load and the next drought hits in 2019 :(
Ah the pessimism! :)

I do really like Kimishima. Make no mistake, the late Iwata was a great president with some more questionable decisions throughout the Wii U (but that honestly is because of a number of people and reasons) but I am liking Kimi a bit more during the young Switch era.

Let's see where else he'll take Nintendo.
 
Jan 19, 2006
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twitter.com
#28
I thought he was just a transition pres.

Is he in place for good now?

Nintendo has been doing well with him for sure.
Yep his first year was assumed like that even if it was a choice prepared in advance (after his return from America).

This year and this approval rating confirms he's here for good.
Although it's debatable that NES mini / Switch are true Kimishima's projects, but he at least lead them to release and thus put Nintendo back to the green.
 
Oct 31, 2013
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#31
I thought he was just a transition pres.

Is he in place for good now?

Nintendo has been doing well with him for sure.
Guy is 65 years old, so I doubt he'll be around for much longer.

I expect Shinya Takahashi to succeed him within the next 2 or 3 years or so. Maybe with him staying on for a few more years in a more supervisory Chairman position or something like that (similar to when Iwata was made President; for the first few years they had a Chairman keeping tabs on him as well).
 

Kiriku

SWEDISH PERFECTION
Jun 6, 2004
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#32
I'm not sure I understand your point. The stock has been pretty much steadily rising since March 2017 -- are you saying the trend since June 29 will continue?
If this was big news I would expect shares to go up, instead there's a sharp decline after June 29. Not saying the overall positive trend is neccessarily broken though. I was just trying to gauge what this vote actually means for the company (especially since I'm trying to figure out the right time to buy Nintendo stocks myself).
 
Jan 23, 2008
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#33
If this was big news I would expect shares to go up, instead there's a sharp decline after June 29. Not saying the overall positive trend is neccessarily broken though. I was just trying to gauge what this vote actually means for the company (especially since I'm trying to figure out the right time to buy Nintendo stocks myself).
Oh, I see. I don't think it's big news in the stock sense, just news in the sense that "people have more confidence in Nintendo's leadership than they had at first", which is reasonable given their recent success.
 
#34
I thought he was just a transition pres.

Is he in place for good now?

Nintendo has been doing well with him for sure.
He still is a transition pres. for sure (he's not going to be running things for 10+ years, or likely even close - he is in his late 60s after all, he'll be retiring eventually), but the company's in a good place right now, things are smooth and he's running things well, so there's certainly not going to be a rush to find his replacement. They'll take their time to find the right person. They've probably already got a shortlist of folks within the company who they'll be grooming for the position, so it's probably more a matter of prepping the next pres. to be ready whenever everyone's confident in making the transition (i.e. the board thinks the company is in the right place, everyone's confident in the new pick, and Kimishima is ready to retire).
 
Nov 7, 2014
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#36
I thought he was just a transition pres.

Is he in place for good now?

Nintendo has been doing well with him for sure.
For the time being, it seems. But they'll definitely need to have a very clear plan as to who will succeed him later on; he's 65 after all. Presumably they already do and have somewhat of an idea when.
 
Oct 14, 2014
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#39
If this was big news I would expect shares to go up, instead there's a sharp decline after June 29. Not saying the overall positive trend is neccessarily broken though. I was just trying to gauge what this vote actually means for the company (especially since I'm trying to figure out the right time to buy Nintendo stocks myself).
Wasn't the sharp decline at the same point as it became evident that Nintendo had huge issues delivering Switches to the Japanese market?
 
Apr 25, 2009
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#48
Guy is 65 years old, so I doubt he'll be around for much longer.

I expect Shinya Takahashi to succeed him within the next 2 or 3 years or so. Maybe with him staying on for a few more years in a more supervisory Chairman position or something like that (similar to when Iwata was made President; for the first few years they had a Chairman keeping tabs on him as well).
I thought Shibata might make a good successor.
 
Jun 19, 2009
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#50
well all in all he has done a decent job

I still wanna see how he will manage long term, since last CEO they had wasn't really very good at that and was more like a likeable one-trick pony

the supply problems are not really the best business card in this sense, but we don't know how much nintendo could have done to avoid them

we will see what happens when supply flow is enough to actually see how many people want the switch and if sales can stay consistent.