Nintendo, following their Q3 financial reports, intends to buy back 10 million of their own shares. As a publicly traded company, the investors are looking to nearly double the amount in Nintendo's treasury from about 13 million shares to 23 million. This deal is slated to happen by March 31st according to their Notification of Acquisition. According to current yen to US ratio, this buy back would settle more than $1.2 billion in stock.
If you were a 90s kid excited about Nintendo’s upcoming N64 console, you likely read something somewhere about the Nintendo 64 Disk Drive, also known as the 64DD or DD64.
Other nominees include games like SimCity & Tony Hawk's Pro Skater.
There are some good nominees in this list that are deserving to be inducted also, but I feel Metroid has had the most impact on the industry out of all of these. Look how Metroid influenced the evolution of the Castlevania games, and the "Metroidvania" subgenre of games have become a prevailing force in gaming today. Especially now, Metroidvanias are bigger than ever.
I can very much see Resident Evil being added later too, bc it really did popularize and define the survival horror genre. I would say that one is next in line.
If any Metroid game should get the honor it should be Super Metroid , it's perfection in my eyes . 30 years later and I still feel it's the most epic shit ever .
The GBA remake deserves it or Super Metroid, the original was a very sloppy and rushed game programmed in 3 months and it shows.
If you've never played the remake, it's absolutely a must play, fixes basically every flaw in the game. Check out ExoParadigmGamer's comparison video.
“Before even Kirby was born, HAL Laboratory released the super-cute puzzler Adventures of Lolo in 1989 and it has held up beautifully.” - A.J. Maciejewski from Video Chums.
Can't wait for the headline "Nintendo fires Iwata".
Especially before someone buys them out with all this wacko go on smartphones and other platforms obsession going around.
Good move regardless. IBM has been keeping it's value up for years doing this type of stuff.
Anyone here good with finance and want to give me a run down on what exactly is happening?
Is this something to do with Yamauchi's inheritance or is this a savvy power play?
nintendo just stop please
they are a couple releases away from "angry birdy" their core franchises.
I love Nintendo. I love Sony. I love Microsoft. They all have great things going for them. Have each company made their fair share of mistakes? of course.
Do I blindly follow any particular company, blissfully ignoring their shortcomings while singing their praises as "the superior company". No.
Nintendo needs to get their sh*t together. Microsoft needs to chin up and figure out what it wants to do with itself. I don't much care for the ambiguous "it's an entertainment center!" sentiment. It's very much competing against other "entertainment centers" like the Wii-U and PS4.
While none of that has anything to do with Nintendo buying back it's own stock, and Iwata cutting his salary in half, it has everything to do with honesty and integrity. All three companies are in the business of making money. There's no, "I'm your best friend" regardless of whatever caffeine induced PR head says otherwise.
It's up to us to decipher headlines like these, but take every rant or sleight against a particular product with a grain of salt. Do not blindly align yourself with a company that you think owes you something, nor wish for the impending failure or bankruptcy of said video game company.