psy_commando Posted December 8, 2011 Share Posted December 8, 2011 (edited) Well it seems this was a lie... Edited December 8, 2011 by psy_commando Link to comment Share on other sites More sharing options...
Icy Posted December 8, 2011 Share Posted December 8, 2011 Update: http://kotaku.com/5866218/nintendo-denies-that-marios-creator--is-retiring Nintendo says it isn't true. Link to comment Share on other sites More sharing options...
Drasiana Posted December 8, 2011 Share Posted December 8, 2011 Well it seems this was a lie... Not a lie, just a slight inaccuracy in terminology. The part about him spending more time on personal projects as well as helping young developers still seems to be true. Link to comment Share on other sites More sharing options...
Dublinthefox Posted December 9, 2011 Share Posted December 9, 2011 It wasn't a lie as it was a misunderstanding. Miyamoto is not retiring from his current roll, and he is certainly not leaving game developing. Face it, Nintendo is probably spending all of their profit on the Wii to make a robot body to insert his brain into. He will be making games.....Forever! Link to comment Share on other sites More sharing options...
Star Fox Runner Posted December 9, 2011 Share Posted December 9, 2011 It wasn't a lie as it was a misunderstanding. Miyamoto is not retiring from his current roll, and he is certainly not leaving game developing. Face it, Nintendo is probably spending all of their profit on the Wii to make a robot body to insert his brain into. He will be making games.....Forever! LOL! Love that movie! I heard about this, I think Miyamoto will be making games for a LONG time before he retires. Link to comment Share on other sites More sharing options...
Guest Mr. N Posted December 9, 2011 Share Posted December 9, 2011 It wasn't a lie as it was a misunderstanding. Miyamoto is not retiring from his current roll, and he is certainly not leaving game developing. Face it, Nintendo is probably spending all of their profit on the Wii to make a robot body to insert his brain into. He will be making games.....Forever! There we go. 1 Link to comment Share on other sites More sharing options...
DZComposer Posted December 10, 2011 Share Posted December 10, 2011 What's this nonsense about Miyamoto not making a lot of money? He has a high-ranking management position, and, according to Nintendo's last annual report, has a seat on NCL's Board of Directors, and has since 2002 Also, looking at this report tells me that Nintendo is not in bad shape. Over $900,000,000 in profit in FY 2010, though FY2008 was around $2.8 Billion. The ratios are good, too. Their current ratio is about 4.4. The line for "good" is 1. Basically, it means Nintendo can effectively turn its assets into cash if need be. Debt-to-Equity is about 1.5, which means that they are somewhat financed by debt rather than equity. Microsoft's D/E is less than 1, while Sony's is 1.8. Their profit margin dropped by almost 50%, likely due to R&D. Link to comment Share on other sites More sharing options...
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