During Nintendo’s general meeting of shareholders the company revealed unannounced products that they plan to release before the holiday season 2018.
Current Nintendo President, Tatsumi Kimishima, has confirmed a date for his retirement, the June 28, 2018. When Kimishima leaves his role he will be replaced by Shuntaro Furukawa, but Kimishima will remain in an advisory role.
Recently in an interview with Japanese newspaper Mainichi Nintendo President Tatsumi Kimishima said that the Switch is a console with a long lifespan.
Nintendo have increased the number of Nintendo Switch consoles during the fiscal year for 2018 to 20 million.
In a statement to investors, Nintendo boss Tatsumi Kimishima, shared that he felt the Nintendo Switch could meet Wii-like sales levels.
This week retailer Gamestop informed that the demand for the Nintendo Switch is extremely high, and pre-orders are at tremendous rate.
Nintendo Switch’s online service will cost between two and three thousand yen, which is in the range between $17.50 and $26.50, per year.
A feature film produced by Nintendo could be in the works with a view to being released as early as two to three years away, as reports are suggesting.
Nintendo reported a decline in profits over the nine-month period that ended 31st December 2015.
Nintendo’s upcoming mobile games branch is expected to give an enormous boost to their profits, as new smartphone projects are released throughout the year.