Yesterday, on June 26, Nintendo held its annual shareholder meeting, in which Shuntaro Furukawa, Nintendo’s president, was present and answered many questions from the media. Nintendo commented on the ongoing RAM situation, expanding their IPs through content mediums, expanding the reach of the console to new regions, assuring not to use AI in game development, and more. Throughout the meeting, Nintendo answered several questions, including acknowledging the statement from the Japanese Prime Minister on raising employee wages. Shuntaro Furukawa announced that Nintendo is raising employee salaries by 10% for the corporation’s long-term growth.
Nintendo’s CEO Answers the Questions at Annual Shareholder Meeting
Shuntaro Furukawa stated the following regarding increasing employee salaries.
“We are maintaining salaries at an appropriate level. I believe it is important to keep compensation levels appropriate. We are implementing salary increases, such as raising the base salary by 10%.”
Shuntar Furukawa commented on the following while discussing the ongoing RAM situation.
“We are continuing discussions with our business partners from a long-term perspective. Regarding production volume, we have secured a sufficient amount. On the price front, as pointed out, prices have surged. Last period saw minimal impact, but this period is showing effects. As Miyamoto also mentioned, we want to maintain the situation where hardware is purchased because software is desired.”
While assuring the shareholders that Nintendo has no plan to use AI generative tools for game development, Shuntar Furukawa stated the following.
“Legal regulations are advancing in various countries. We are complying with those laws. Our company has long had programs similar to AI, such as those for enemy character movements. Regarding generative AI, which has recently become problematic, there are many challenges, such as power consumption issues. As a company, we are appropriately evaluating anything that infringes on IP.”
Other than these questions, the company’s CEO also discussed expanding the console reach in Asia and Nintendo’s iconic IPs through different content mediums, including movies.
