Nintendo President Kimishima Reveals Reasons Why He’s Retiring

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Few days after the announcement about his retirement, Tatsumi Kimishima has provided more details about the decision of leaving the role of Nintendo president in favor of the younger Shuntaro Furukawa.

The idea, as conveyed in a statement during the latest financial report to the investors, was to give more power to younger people from the management team at Nintendo, who have already shown what they’re capable of.

Nintendo President Kimishima Explains His Retirement From Nintendo

“As we progressed with delegating authority, including the authority for corporate governance, we created a system where our younger senior managers would be able to act. In the past two-plus years, they have shown what they are capable of accomplishing. Our latest financial results are far better than I originally forecasted, which speaks to the fruits of our efforts to date,” said Kimishima.

“My successor, Mr. Furukawa, worked with me as General Manager of the Corporate Planning Department to advance our operations. He has fully fleshed out what this non-traditional collective leadership system we created will be, so I believe this is the perfect time (for a change of president).”

“With the breadth of projects we are working on,” he added, “now is the time to transfer power further to new people and to promote a generational shift to bring stronger momentum to Nintendo through these changes.”

New president Shuntaro Furukawa will take over the role at the end of June, few weeks after the much anticipated appointment at E3 2018 where Nintendo is expected to provide more details about the upcoming Switch lineup.