Kimishima Retires as President of Nintendo Replaced by Shuntaro Furukawa

Kimishima retires as President of Nintendo

Kimishima’s Successful Reign as Nintendo’s President Comes to an End ūüôĀ

Nintendo released a memo regarding changes of representative director and other management – which states that Tatsumi Kimishima will be retiring from his position as President of Nintendo. The memo also declares Shuntaro Furukawa as¬†Kimishima’s successor. Shuntaro Furukawa is a board member of both Nintendo and the Pokemon Company. Shuntaro comes from a background of marketing and business management. According to Nintendo the change is being made because the company wants to change to a new management structure by June 28th, 2018. You can read the full Nintendo announcement below.

Tatsumi Kimishima became the president of Nintendo when previous Nintendo President Satoru Iwata died from cancer back in 2014. Mr. Kimishima has been a big part of Nintendo’s success over the past few years. His background was based in banking & finance. Soon after Mr. Iwata’s death Kimishima¬†was declared the new president of Nintendo.

 

Nintendo Co., Ltd. announces that it resolved to make the following changes in management at the meeting of the
Board of Directors held on April 26, 2018. The changes will be effective upon receiving approval at the 78th
Annual General Meeting of Shareholders to be held on June 28, 2018 and the subsequent Board of Directors
meeting.

1. Retirement of a Representative Director
(1) Reason
Retirement from the Representative Director at the expiration of the term of the office of Director, which is as
of the end of the 78th Annual General Meeting of Shareholders to be held on June 28, 2018
(2) Name and Title of the Retiring Representative Director
Tatsumi Kimishima (Representative Director and President)
2. Anticipated new Representative Director
(1) Reason
To shift to a new management structure, after Tatsumi Kimishima retires from the office of Representative
Director and President on June 28, 2018.

(2) Name and Title of new Representative Director

Name: Shuntaro Furukawa New Title: Representative Director

Present Titles:

Director, Managing Executive Officer, General Manager, Corporate Planning Department, Supervisor of Corporate Analysis & Administration Division, In charge of Global Marketing Department.

 

Quick Facts About the New President of Nintendo – Shuntaro Furukawa!

  • Date of Birth – 1/10/1972
  • Education – School of Political Science and Economics – Waseda University
  • Birthplace – Tokyo
  • Joined Nintendo in April 1994
  • Number of Shares Owned – 100 Shares

Kimishima Retires as President of Nintendo – April 26th 2018

SOURCE

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