They moved the old CEO to Managing Director of NCL over in Japan. Some people are speculating he's either being groomed as Iwata's eventual replacement or on the other end of the spectrum, he's a competent bean counter.
I guess this is just Iwata taking responsibility for the botched Wii U launch and getting more hands on. He's said if Nintendo don't make a profit by this time 2014, he'll resign completely.
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