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Nintendo CEO’s death creates leadership doubts at Japanese gamemaker

Written by Reuters
Nintendo CEO's death creates leadership doubts at Japanese gamemaker
  • Reuters
  • 2 years ago

Nintendo CEO's death creates leadership doubts at Japanese gamemaker

Nintendo Co Ltd (7974.T) Chief Executive Satoru Iwata died after a long illness, the company said on Monday, months after he led the Japanese video-game maker’s belated entry into mobile gaming following years of declining sales. He was 55.

The hands-on CEO and president died on Saturday from a tumor in his bile duct, just as the company expects to double annual operating profit in the year through March thanks to a smartphone gaming tie-up with online game maker DeNA.

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