Nintendo, the Video Game industry and Gamers have lost an icon. Mr. Iwata passed away due to complications related ti a bile duct growth sometime last night. Nintendo announced his passing earlier today. His death comes nearly a month after E3. Nintendo’s presentations at E3 enraged critics and fans alike. As I said in this blog post, Shiguru Miyamoto explained in an interview why the Wii U failed. The console, which had been selling at a loss since its launch in late 2012 is believed to have been a contributing factor to his declining health over the last two years: In late 2014, Iwata cut his pay in half to offset the Wii U’s losses. To say the Wii U’s decline played a role in role in his death wouldn’t be far from the truth.
His sudden passing comes while company is trying to figure out what to do next with its console division. While yes there is also the handheld division (Nintendo 3DS and New Nintendo 3DS), its console division is its primary division. Nintendo, like Sony is very well organized. I would not be surprised at all if an interim President and CEO (he held both positions) is named tomorrow if not by the end of this week. Miyamoto has made alot of public appearances on behalf of Nintendo but I don’t think he will chosen for that role. Nintendo has been criticized over the last 15 years for the lack of new AND young leadership. This is could be an opportunity for them to go that route.
Anyway, keep your eyes and ears over over the course of this week for news and updates as Nintendo, its fans and fellow companies deal with the sudden and untimely death of Satoru Iwata.
Sony tweeted this sometime Sunday:
If anything, I hope this proves there is mutual respect for Nintendo across the board.