Shigeru Miyamoto: "We would rather grow profits as a result of continually challenging ourselves to generate new value rather than investing capital to expand our business."
I just want to emphasize how refreshing it is that, thanks to the Switch's success, trolling has completely vanished from investors Q&A. It's so much more productive.
Undeniably, this fiscal year ended in March 2018 has been a sweet ride for Nintendo.
Shuntaro Furukawa set to become the new President of Nintendo.
Miyamoto: "Our ultimate ambition is for a Nintendo Switch to be owned not just by every family, but by every single person."
They're actually going to make it to these 16 million Switches they were talking about at the end of this fiscal year.
I just wanna take this is an opportunity to point out that indeed, Dragon Quest XI is coming to Nintendo Switch.
So Nintendo expects to outsell the five-year lifespan of the Wii U with Nintendo Switch within just about twelve months.
"The number of downloads of Fire Emblem Heroes is less than a tenth of the number for Super Mario Run, but the total figure that consumers have spent on this title is more than on Super Mario Run."
All of a sudden, investors are a lot more friendly with the success of Nintendo Switch.
"Finally, the video game trade show E3 will be held in Los Angeles this June. Again this year, we will not be hosting a large-scale press conference for institutional investors, analysts and the media."
"Nintendo is a company which creates unique things and, once something unique is embraced by the public, there will be no competition in that market."
"This pre-order momentum is reassuring proof that the core gamer demographic understands the uniqueness of the Nintendo Switch and continues to support us."
"I would like you to know that I myself am very much looking forward to the launch of Nintendo Switch."
"Although we have not announced the release timing yet, we are also developing an Android version [for Super Mario Run]."
"There will be big hits somewhere in our business, and they support the games that fail and allow us to take on other challenges."
"We are planning for NX to make up for falling Wii U sales. Software for NX will also contribute to sales and profit."