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Hiroshi Yamauchi: Difference between revisions
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On May 31, 2002, Yamauchi stepped down as president of Nintendo and was succeeded by the head of Nintendo's Corporate Planning Division, Satoru Iwata. Hiroshi Yamauchi subsequently became the chairman of Nintendo's board of directors. He finally left the board in June 29, 2005, due to his age, and because he felt that he was leaving the company in good hands. Yamauchi also refused to accept his retirement pension, which was reported to be around $9 million to $14 million, feeling that Nintendo could put it to better use. He is also Nintendo's larger shareholder despite stepping down. He still retains a 10% share in Nintendo as of 2008. He is currently the third richest man in Japan due to his shares in Nintendo since their success with the Wii and Nintendo DS consoles. | On May 31, 2002, Yamauchi stepped down as president of Nintendo and was succeeded by the head of Nintendo's Corporate Planning Division, Satoru Iwata. Hiroshi Yamauchi subsequently became the chairman of Nintendo's board of directors. He finally left the board in June 29, 2005, due to his age, and because he felt that he was leaving the company in good hands. Yamauchi also refused to accept his retirement pension, which was reported to be around $9 million to $14 million, feeling that Nintendo could put it to better use. He is also Nintendo's larger shareholder despite stepping down. He still retains a 10% share in Nintendo as of 2008. He is currently the third richest man in Japan due to his shares in Nintendo since their success with the Wii and Nintendo DS consoles. | ||
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original=Hiroshi Yamauchi | | |||
license=GFDL-only}} | |||
[[Category:People]] | [[Category:People]] | ||
[[Category:Nintendo]] | [[Category:Nintendo]] | ||