Nintendo’s Yamauchi Making Retirement Plans

Nintendo’s Yamauchi Making Retirement Plans

by February 26, 2002

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Nintendo’s aging president Hiroshi Yamauchi has reportedly confirmed plans to leave the company this June. The revelation was reportedly made during a recent shareholders meeting in Kyoto. While specifics regarding his departure remain undisclosed, a group leadership structure is expected to succeed him. Yamauchi-san, now seventy-four years old, has belabored over his retirement for the past five years. One of his final acts as president was to establish a fund for budding game developers. Moreover, Yamauchi-san’s departure comes on the heels of Minoru Arakawa’s retirement, former president of Nintendo of America.