Nintendo gets a new CEO: Shuntaro Furukawa; Satoru Shibata moves back to Japan

Today, alongside its latest Financials data, Nintendo announced quite a lot of changes to its management team. The biggest one is that Tatsumi Kimishima is retiring, and will be replaced by one Shuntaro Furukawa (who will official become Representative Director and President). Kimishima will remain as Executive Adviser

• Director
• Managing Executive Officer
• General Manager (Corporate Planning Department)
• Supervisor of Corporate Analysis & Administration Division
• In charge of Global Marketing Department

His career record is as follows:

• April 1994 – Joined the Company
• May 2012 – Outside Director of The Pokémon Company (to present)
• July 2015 – General Manager, Corporate Planning Department (to present)
• June 2016 – Director (to present), Managing Executive Officer (to present), Supervisor of Corporate Analysis & Administration Division (to present)
• September 2016 – In charge of Global Marketing Department (to present)

It turns out that Tatsumi Kimishima isn’t the only one retiring, as the following people also are:

• Yoshimi Mitamura – Outside Director
• Susumu Tanaka – Senior Executive Officer, General Manager (Licensing Division), and will become Corporate Adviser

But that’s not the only change:

• Satoru Shibata is moving back to Japan, and will become Director and Senior Executive Officer
• Masao Yamazaki will become Outside Director
• Yoshiaki Koizumi will become Executive Director
• Takashi Tezuka will become Executive Director
• Hajime Murakami will become Executive Director
• Shinya Takahashi will become Senior Managing Executive Officer

Here’s the full management team as of June 28th 2018:

One thing to keep in mind is that investors / shareholders will have to approve of all those changes during the next General Meeting of Shareholders, where other matters will also be subject to a vote. Of course, it’s unlikely they will vote against them, especially with how positive the latest financial results are (it’s no wonder Tatsumi Kimishima decided to stop down now of all times).

Source: Nintendo