Miyamoto Realises The Need for A New Nintendo Hit
Earlier in the month, Nintendo scrapped its profit forecasts, saying it now expected to post a loss for the current financial year.
In response, Miyamoto, the driving force behind Nintendo’s success, believes that the company must invest and develop its way back into profit.
“Developing big hit titles must be the solution,” he told investors.
“I am acting with the understanding that one big hit title can change multiple phases of a situation in the entertainment business, and I feel that finding such one big hit is my basic job.”
His recent output, however, has been less successful. The last two games on which Miyamoto was credited as designer – Wii Music and Steel Diver – were critical and commercial flops.