A lot of comments coming from President Kimishima as of late, which is to be expected considering Nintendo recently released the full translation of the Q&A from their latest investor’s meeting.
Kimishima brought up some details about the NX, stating that the company is working hard preparing for the launch of the new system in addition to their new endeavors, like their upcoming mobile titles. He also touched on the point that Nintendo wants to continue to drive the businesses of the Wii U and 3DS. Interestingly, he cites that the company is focusing on the new businesses of the NX and mobile market as the key areas for driving the company back to “Nintendo-like profits”.
Here are his full comments:
“The previous and current fiscal years have been a period of preparation to launch a number of new endeavors, such as NX development, development for smart devices and business using our character IP, in addition to driving our Wii U and Nintendo 3DS businesses.”
“At the same time, it has been our priority to take a close look at areas of our existing business where the revenue and expenses had become unbalanced, and to make sure that we corrected this balance. As I have said before, we will be launching many of our new business activities as we move from this fiscal year into the next.”
“When you start any new business, it is important to make the public aware of what you will be doing. In the next fiscal year, we will have to make preparations and investments to achieve these goals, and that comes with certain costs.”
“The question was to pick one area with which we will be able to achieve Nintendo-like profits, but I would like to suggest two areas. One area is our NX business, and another is our business for smart devices. I believe that keeping these two endeavors on track will be key to achieving Nintendo-like profits. I don’t have any further details to share about the next fiscal year at this time, but we will explain about our plan and when we will aim to achieve Nintendo-like profits at a future date.”