Business News

News: Nintendo Aiming To Create A Stronger Bond With Consumers Via Mii Smartphone Application

Nintendo Aiming To Create A Stronger Bond With Consumers Via Mii Smartphone Application

"It is rather embarrassing that we are so behind on this compatibility"

Nintendo has made no secret of the fact that it is looking into producing smartphone and tablet applications to support its core business, and during the recently-translated Corporate Management Policy Briefing Q&A, Nintendo President Satoru Iwata spoke about the company's...

News: Iwata Cites "Same-Generation Hypothesis" For Strong Smash Bros. And Pokémon Performance

Iwata Cites "Same-Generation Hypothesis" For Strong Smash Bros. And Pokémon Performance

You grow up, but the games stay with you

Nintendo's Financial Results Briefing is out, and in it company president Satoru Iwata outlines why its Super Smash Bros. and Pokémon franchises are enjoying such robust commercial success. Super Smash Bros. for Nintendo 3DS has performed better than expected on 3DS, and anticipation for the Wii U entry is...

News: Capcom Won't Greenlight Sequels If A Game Doesn't Sell Over Two Million Copies

Capcom Won't Greenlight Sequels If A Game Doesn't Sell Over Two Million Copies

No plans for future Darkstalkers games, either

Capcom's Yoshinori Ono has revealed that the company is chasing big sales right now, and that sequels won't be given the go ahead unless the previous title cleared two million units sold. The comment was made in an interview with Famitsu, where Ono also said that there would be no future Darkstalkers...

News: Full Extent of Nintendo of Europe Job Cuts Becomes Clear

Full Extent of Nintendo of Europe Job Cuts Becomes Clear

Around 320 roles are lost overall

Earlier this year we reported on a reshuffle at Nintendo of Europe that was bringing the loss of 130 permanent jobs, with the Großostheim office in Germany being the largest affected area due to its closure. It's emerged, however, that the total number of roles that will be lost as of 31st August is nearer 320. As...

News: Wii U Purchasing Intent Increases By Half In The Wake Of Strong E3 Showing

Wii U Purchasing Intent Increases By Half In The Wake Of Strong E3 Showing

Another spin on the "Nintendo wins E3" debate

A recent survey commissioned by IHS in partnership with Gamer Network has revealed that Nintendo's strong showing at E3 caused a massive spike in purchasing intent for the Wii U. Around a thousand core gamers were quizzed on various purchase intentions before and after the event. The Wii U began E3 as...

News: Sony: PS4 Is "Welcoming Back" Wii Owners Who Skipped PS3 And 360 Last Gen

Sony: PS4 Is "Welcoming Back" Wii Owners Who Skipped PS3 And 360 Last Gen

Remastered PS3 classics are tempting Wii owners, says Sony's Andrew House

Wii owners who decided against buying a PS3 or 360 are flocking to the PS4 in droves, according to Sony Computer Entertainment boss Andrew House. Speaking to Eurogamer at the recent Develop conference in the UK, House echoed recent statements made by Sony Worldwide Studios...

News: Iwata's Approval Rating Rises While Miyamoto's Drops Slightly

Iwata's Approval Rating Rises While Miyamoto's Drops Slightly

Small shifts across the board

The results from Nintendo's AGM are in, and as we already know, Nintendo president Satoru Iwata isn't going anywhere — his approval rating has actually risen over the past year by 3 percent. Last year, his rating was 77.26 percent, but this year's figure is a slightly better 80.64 percent. However, this rise was...

News: Mario Kart 8 Speeds Past The Two Million Copies Sold Barrier In Less Than A Month

Mario Kart 8 Speeds Past The Two Million Copies Sold Barrier In Less Than A Month

Wii U hardware sales are up, too

During Nintendo's 74th Annual General Meeting of Shareholders it has been revealed that Mario Kart 8 has shifted an impressive two million copies in the month it has been on sale. In addition to this welcome news, it has also been stated that Wii U hardware sales are on the rise too — although this presumably...

News: Veteran Publisher THQ To Rise From The Dead, In Name At Least

Veteran Publisher THQ To Rise From The Dead, In Name At Least

Nordic Games looking to revive the brand, more Darksiders coming

Publisher THQ went bust last year, bringing to an end a story which dates right back to the days of the NES and Game Boy. The company's assets were sold off at auction and Nordic Games came away with plenty — including the rights to franchises such as Red Faction and Darksiders...

News: Sony Overtakes Nintendo In Global Hardware Sales For The First Time In Eight Years

Sony Overtakes Nintendo In Global Hardware Sales For The First Time In Eight Years

Sony shifted 18.7 million consoles, Nintendo 16.3 million

It has been revealed that in the financial year that has just concluded, Sony has sold more consoles worldwide than its rivals Nintendo and Microsoft. For the first time since 2006, Sony has beaten its Japanese competitor in terms of hardware units retailed. Sony sold 18.7 million PS4, PS3,...

News: 130 Jobs To Go In Nintendo Of Europe Reshuffle

130 Jobs To Go In Nintendo Of Europe Reshuffle

Nintendo's Großostheim office closes

Nintendo of Europe is closing its Großostheim office in Germany and axing a smaller number of roles at its HQ in Frankfurt. The move comes as part of a streamlining process which will allow the company to perform better in the European market in the future. Nintendo of Europe has released a statement...

News: Download Sales On Nintendo Formats Have Trebled In The Last Two Years

Download Sales On Nintendo Formats Have Trebled In The Last Two Years

$235 million in digital sales gained in the past 12 months

Nintendo has confirmed that digital revenue across its consoles has tripled in the past two years. Nintendo President Satoru Iwata revealed the statistic at the recent investor's briefing, explaining that during the financial period between April 2013 and March 2014, around 24 billion Yen...

News: Satoru Iwata Speaks Of The Need To "Redefine" Nintendo's Position In The Entertainment Industry

Satoru Iwata Speaks Of The Need To "Redefine" Nintendo's Position In The Entertainment Industry

"Nintendo is a company that can do whatever they want"

Nintendo president Satoru Iwata may be under the cosh at the moment thanks to the growing discontent of the company's shareholders, but he has revealed to Japanese site Diamond Online that he feels he is carrying on the will of the late Hiroshi Yamauchi by ensuring that the firm is always...

News: Report Suggests That June Could Be Crucial For Iwata's Future At The Head Of Nintendo

Report Suggests That June Could Be Crucial For Iwata's Future At The Head Of Nintendo

CEO's internal approval rating has dropped to 77.26 percent

A report by Japanese business publication Nikkei suggests that Satoru Iwata is facing his sternest test yet as Nintendo CEO. It has been revealed that Iwata's internal approval rating has dropped from from 92.89 percent in 2011 to 77.26 percent in 2013. This has led to speculation that he...

News: Dedicated Video Game Platforms To Remain Nintendo's Core Focus, Says Iwata

Dedicated Video Game Platforms To Remain Nintendo's Core Focus, Says Iwata

Next 10 years will see Nintendo "redefine" entertainment

Nintendo president Satoru Iwata has updated his personal message on Nintendo's site to reflect the company's recently-announced plans for its "Quality of Life" platform. Iwata reiterates his stance that Nintendo needs to maintain its focus on having its own dedicated hardware and software...

News: Investor Wants Nintendo To Create Mobile Titles With Game-Altering In-App Purchases

Investor Wants Nintendo To Create Mobile Titles With Game-Altering In-App Purchases

"Just think of paying 99 cents just to get Mario to jump a little higher"

Please understand, Nintendo isn't keen on bringing its library of games to mobile right now — company president Satoru Iwata has been pretty firm on that point. However, Nintendo is an organisation which has shareholders, and that means it constantly faces pressure from...

News: Nintendo Ends Partnership With Austrian Distributor Stadlbauer, Confirms Plans For Regional Office

Nintendo Ends Partnership With Austrian Distributor Stadlbauer, Confirms Plans For Regional Office

Could this be the birth of Nintendo Austria?

As we all know, Nintendo has offices all over the world which handle the marketing and distribution of the company's products in different regions — we've got Nintendo of America, Nintendo UK and Nintendo of Europe, for example. We could now be seeing the formation of an Austrian office, as Nintendo...