this post was submitted on 10 Mar 2024
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[–] Stopthatgirl7@lemmy.world 4 points 8 months ago

Nintendo is also sitting on a huge pile of cash and hasn’t done any massive layoffs, so I don’t think they consider themselves as “losing” by any stretch of the imagination.

I think something a lot of folks don’t realize about Nintendo is that it is VERY shaped by being headquartered specifically in Kyoto. I was talking to a friend about it a couple months ago and she told me about an article she’d read of an interview with the president of Nintendo, and him talking about going to Kyoto business owner meetings and talking to people running business that were nearly 1000 years old, and how in Kyoto, Nintendo was still considered a “new” company because it’s only a little over 100 years old. Nintendo is not gonna chase after next quarter’s earnings, but after becoming an “old” Kyoto company.