Nintendo President's Approval Ratings are Up - News

By Jeffrey Knox, July 1, 2014
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There is no hiding from the masses when you are a company as big and as successful as Nintendo. Every move is under scrutiny and analysis - and that's just from the public. Satoru Iwata, Nintendo's newly re-elected President, also needs to face investors and shareholders on a regular basis to show and prove how Nintendo will continue earning profits over the years to come. Since the rocky release of the 3DS (which has since rebounded somewhat) and Wii U, these profits have steadily evaporated. The company's annual operating loss sat at ¥23.2 billion ($22.8 million). 

Now, with the impressive release of Mario Kart 8 and a brighter outlook for software releases on Wii U, including Super Smash Bros., Bayonetta 2, Splatoon, Hyrule Warriors, and Xenoblade Chronicles X, investors and shareholders' approval ratings for Iwata have risen. He now sits at 80.64%, which is a 3.38% increase over his previous 77.26%. In perspective, Iwata was sitting at a comfortable 92.9% approval rating in 2011. 

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