This information comes from Nintendo’s investors briefing as stated by president Tatsumi Kimishima…
Now I would like to explain about the changes in Nintendo’s corporate governance system as resolved in the meeting of the Board of Directors held yesterday. We resolved to transition to a system with an audit and supervisory committee, and to introduce an executive officer system.
The intent of this transition is to create an audit and supervisory committee with a majority of external directors to strengthen the auditing and oversight over the Board of Directors and enhance our corporate governance.
As for the timing of this transition, we will transition once we have the necessary changes to the company statutes approved at the general meeting of shareholders for the 76th fiscal term, to be held this year on June 29th.
The purpose of introducing an executive officer system is to separate business decision-making and oversight from business execution, and to delegate authority for executing business.
This clarifies the responsibility for business execution and enables us to create a flexible management system that can respond quickly and effectively to sudden changes in our business environment.
This information comes from Nintendo’s investors briefing as stated by president Tatsumi Kimishima…
Along with Miitomo, we also began service on our new membership program, My Nintendo. Consumers can obtain a dedicated Nintendo Account to use the My Nintendo services.
For example, consumers receive Platinum Points for playing Miitomo, and can exchange these points for services related to many of Nintendo’s games, such as in-game items or tickets for use in Miitomo or discount coupons for Wii U and Nintendo 3DS games.
Since the launch of global service for Miitomo, the number of My Nintendo users has also been increasing steadily.
We expect that the launch of new applications using the Fire Emblem and Animal Crossing IPs will expand our membership even more.
This information comes from Nintendo’s investors briefing as stated by president Tatsumi Kimishima…
As for Miitomo, our first priority was to bring more consumers around the world in contact with Nintendo entertainment. Items are available as in-game purchases for consumers who want to deepen their experience, but we have designed Miitomo so that it is possible to have plenty of fun enjoying this new mode of communication even without making in-game purchases.
As a result, users are enjoying Miitomo across the globe, with over 75% of users outside of Japan at present.
We expect this percentage to rise even higher in the future as we consider service expansions to South America and Asia.
We believe this shows that Nintendo has made real progress in advancing our smart device business on a global scale.
We will follow Miitomo by releasing new applications using the Fire Emblem and Animal Crossing IPs globally, and our plan has not changed in terms of releasing around five titles by March 2017.
This information comes from Nintendo’s investors briefing as stated by president Tatsumi Kimishima…
Yesterday, we announced that we will follow Miitomo with Fire Emblem and Animal Crossing, two new applications based on our IPs, as the next steps in our smart device business.
We will provide more details about these applications closer to the launch period, but I will provide a brief description of both of them today.
The first IP is Fire Emblem.
Fire Emblem is a pioneering role-playing simulation game series, combining the tactical elements of a simulation game with the character customization elements of a role-playing game.
It is also well known by the catchphrase “tough-to-beat simulation.” This high-quality simulation game depicts intense battles in a sword-and-sorcery world inhabited by unique and charming characters, making it well-loved by fans.
This information comes from Nintendo’s investors briefing as stated by president Tatsumi Kimishima…
To kick off this new business, Nintendo recently released our first application for smart devices, Miitomo.
In Miitomo, the user creates a character likeness called a Mii that sparks conversations with the user’s friends on a wide range of topics, letting you discover things you never knew about your close friends. This is a unique application focused on communication.
This information comes from Nintendo’s investors briefing as stated by president Tatsumi Kimishima…
I have explained this on some occasions in the past as well, but Nintendo’s smart device business has three purposes.
First, we want to use smart devices to maximize the number of people who come into contact with Nintendo IP.
Next, of course we aim for the smart device business to be profitable on its own.
Furthermore, we want to create synergy with the dedicated video game system business to realize the full potential of our entire business.
This information comes from Nintendo’s investors briefing as stated by president Tatsumi Kimishima…
Next, I would like to discuss our strategy for production and shipping of Wii U in the fiscal year ending March 2017. We plan to greatly reduce the amount of Wii U systems produced and shipped for the fiscal year ending March 2017, compared to the fiscal year ended March 2016.
Taking into consideration demand for the new NX hardware and overall demand forecasts, we plan to ship 800,000 units.
This information comes from Nintendo’s investors briefing as stated by president Tatsumi Kimishima…
We plan to release our new concept game system, currently being developed under the codename “NX,” in March 2017.
We will take another opportunity prior to the release to discuss the features and price of the NX, as well as the software lineup for launch.
We do not plan to show the NX at the E3 show in Los Angeles in June. We will introduce the NX at another time later this year.
Our E3 experience will focus on the latest title in The Legend of Zelda series. We have already released The Legend of Zelda: Twilight Princess HD for Wii U and Hyrule Warriors Legends for Nintendo 3DS this year. Thirty years have passed since the release of the first title in The Legend of Zelda series, and we have even more in store for the future.
Twenty years have passed since the release of the first titles in the Pokémon series, which has sold over 200 million units worldwide. We are preparing to bring you the next titles in this series, Pokémon Sun and Pokémon Moon, launching in winter 2016 (holiday 2016 in the U.S. and late 2016 in Europe). I just mentioned that the Virtual Console Pokémon titles have been selling well, and excitement for Pokémon has been building, especially in North America, Nintendo’s largest market. We aim to use this momentum to drive the launch of these new titles by making this one of our top priority titles for the fiscal year ending March 2017 and maximizing sales worldwide.
This slide shows announced 3DS titles launching in Japan in April 2016 or later, including titles planned for future release. Due to our wide installed base, there are many titles, including major titles, from third-party software developers. Furthermore, there are many other unannounced titles, both first-party and third-party, that are proceeding with development.
This slide shows announced 3DS titles launching in the American and European markets in April 2016 or later, including titles planned for future release. As in Japan, there are many more titles planned for future release, and other unannounced titles that are currently in development.
This information comes from Nintendo’s investors briefing as stated by president Tatsumi Kimishima…
For the Nintendo 3DS, our strategy over the fiscal year ending March 2017 will be to revitalize the platform by launching major titles, and to reach broader demographics worldwide, including females and young consumers.
The installed base in Japan is fairly saturated compared to other countries, meaning there is reduced opportunity to sell Nintendo 3DS hardware to new consumers. Our efforts will focus on sparking discussion and maintaining momentum among current owners of Nintendo 3DS hardware.