Shuntaro Furukawa
Reporting and statements that mention Shuntaro Furukawa.
Latest coverage
Japanese companies like Nintendo, Capcom, and Konami are healthier because they have smaller teams, don't have frequent layoffs, and don't pay executives $30 million, says expert
An expert suggests that Japanese game companies like Nintendo, Capcom, and Konami are more stable due to smaller teams, fewer layoffs, and more reasonable executive salaries compared to their Western counterparts. While global layoffs are projected to reach over 57,000 between 2022 and 2026, the majority of these events and affected workers are concentrated in North America and Europe, with California being particularly hard-hit.
Xbox still not making a profit on console sales despite price rise says report
A report indicates that Microsoft's Xbox Series X/S consoles continue to be sold at a significant loss, even after a recent price increase. Component shortages, particularly for RAM, have driven up costs, with Microsoft reportedly losing around $150 per unit sold. This contrasts with Sony's PlayStation 5, which has been profitable since 2021, and Nintendo's Switch, which traditionally sells hardware at a profit, though it also faces increased costs.
Nintendo Files Motion to Dismiss Lawsuit Demanding Refunds After US Tariffs Deemed Illegal
Nintendo has filed a motion to dismiss a class-action lawsuit demanding refunds for price increases due to US import tariffs. The company argues customers received what they paid for and are not entitled to rebates based on subsequent legal developments regarding tariffs. The lawsuit alleges Nintendo committed a crime by not retroactively adjusting prices after US tariffs were deemed illegal by the Supreme Court.
Nintendo addresses Pokemon TCG scalping
Nintendo president Shuntaro Furukawa has acknowledged the significant issue of scalping within the Pokemon Trading Card Game. The practice involves bulk purchases of new cards which are then resold at inflated prices on online auction sites.
Nintendo reveals 800,000+ people have now visited the Nintendo Museum
Nintendo president Shuntaro Furukawa announced that the Nintendo Museum in Kyoto, Japan, has welcomed over 800,000 visitors since its opening in October 2024. The museum features interactive exhibits, including playable retro consoles and oversized controllers.
Nintendo talks about how its preserving the Nintendo DNA while adding more staff
Nintendo president Shuntaro Furukawa addressed concerns about preserving the company's unique 'Nintendo DNA' as it increases headcount. He emphasized the importance of work experience, cooperation with senior colleagues, and training, including input from Shigeru Miyamoto, to ensure these values are passed on to new employees.
Nintendo “implemented further salary increases” in April, but 10% was 2023
Nintendo president Shuntaro Furukawa confirmed that the company implemented further salary increases in April, clarifying that a widely reported 10% raise was from 2023. While not disclosing the exact amount of the new increases, Furukawa emphasized Nintendo's commitment to its employees.
Nintendo president talks indie games, says they’re “extremely popular” on its systems
Nintendo president Shuntaro Furukawa stated that indie games are extremely popular on Nintendo platforms, including the Nintendo Switch. He highlighted Nintendo's support for indie developers through initiatives like Indie World and emphasized the company's efforts to encourage earlier releases on their consoles.
Nintendo explains approach to employee salaries, reports of 10% base bump are inaccurate
Nintendo President Shuntaro Furukawa clarified the company's approach to employee salaries, stating that initial reports of a 10% base salary increase were inaccurate, as that raise occurred in April 2023. Further salary increases, including for starting salaries, are planned for April 2026. Furukawa also confirmed that Takashi Tezuka is not retiring but will be stepping down from his executive officer role.
2026 Nintendo approval ratings revealed for its directors, including Furukawa, Miyamoto, more
Nintendo has revealed the approval ratings for its directors following the company's 86th Annual General Meeting of Shareholders. Key figures like President Shuntaro Furukawa and Shigeru Miyamoto received high approval, with slight dips compared to the previous year. Outside director Chris Meledandri also maintained a similar approval percentage.
Nintendo is increasing the price of the Switch 2 in South Korea
Nintendo is increasing the price of the Switch 2 in South Korea by approximately 15 percent, raising the suggested retail price to 758,000 won starting September 1, 2026. The company cited changes in market conditions, including a memory crisis and rising oil prices, as reasons for the adjustment. This follows similar price hikes implemented earlier in Japan, Europe, Canada, and the United States.
Nintendo is Raising Employee Salaries by 10% in Japan
Nintendo president Shuntaro Furukawa announced a 10% increase in base salaries for employees in Japan during the company's annual shareholder meeting. This decision aligns with the Japanese Prime Minister's call for wage growth and is intended to support Nintendo's long-term expansion. Furukawa also addressed concerns about RAM supply, the use of AI in game development, and expanding the company's intellectual property across various media.
Nintendo president comments on Gen AI
Nintendo president Shuntaro Furukawa addressed shareholder questions regarding generative AI, highlighting concerns about environmental and copyright issues. The company is evaluating the technology and its potential implications.
Nintendo increasing salaries by 10% in Japan, says it’s “important for our long-term growth to secure our workforce”
Nintendo announced a 10% salary increase for its employees in Japan, with president Shuntaro Furukawa stating it's crucial for long-term growth and workforce retention. This move aligns with calls for Japanese companies to raise wages amidst rising inflation. The article also notes that Takashi Tezuka is not retiring.
Nintendo has raised its employees base salary by 10%
Nintendo has announced a 10% increase in base salaries for its employees, according to company president Shuntaro Furukawa. This move aims to retain talent by ensuring compensation remains competitive.
Asked about bringing DS and 3DS games to Switch 2, Nintendo boss reportedly teases making more classics playable on new hardware when possible, but doesn't confirm platforms
Nintendo CEO Shuntaro Furukawa has indicated that the company is exploring ways to make more classic games, including those from the Nintendo DS and Nintendo 3DS, playable on future hardware. While not confirming specific platforms or a Nintendo Switch Online release, he stated that Nintendo aims to bring its past software library to modern consoles whenever possible.
Shareholder asks Nintendo president about Splatoon 3 communication errors
Nintendo president Shuntaro Furukawa addressed shareholder concerns regarding online communication errors in Splatoon 3. The game, despite its strong single-player and multiplayer modes, has experienced persistent issues with its online connectivity since launch.
Nintendo shareholder asks president if DS and 3DS games will come to Switch 2
During a Nintendo shareholder meeting, president Shuntaro Furukawa was asked if games from the Nintendo DS and Nintendo 3DS would be made available on the upcoming Nintendo Switch 2. Furukawa stated he could not provide an answer regarding the inclusion of these older titles in a potential Nintendo Classics range for the new console.
Nintendo (NTDOY) President Furukawa addresses stock price collapse at annual shareholder meeting
Nintendo President Shuntaro Furukawa addressed shareholder concerns regarding the company's stock price decline at the annual shareholder meeting. He acknowledged the market's perception and reiterated the goal of expanding the Nintendo Switch 2 player base. Furukawa also confirmed sufficient component availability for near-term Switch 2 production, emphasizing the importance of software driving hardware sales.
Mario dev Takashi Tezuka not retiring from Nintendo, contrary to previous reports
Contrary to previous reports, Nintendo producer Takashi Tezuka will not be fully retiring from the company. While he is stepping down as an executive officer, he will continue his role as a production producer and remain involved in game development. Tezuka reflected on his 42-year career at Nintendo, highlighting the joy of creating new forms of play and working with new technologies.
