In mid-January, major Japanese news outlet Nikkei reported that Nintendo planned to restructure its hardware divisions for the first time in nearly a decade. In its investor presentation this week, Nintendo president Satoru Iwata confirmed that report.
"As you might already know from some newspaper reports, we will reorganize our development divisions next month for the first time in nine years," Iwata said during his prepared remarks. "Two divisions which have independently developed handheld devices and home consoles will be united to form the Integrated Research & Development Division, which will be headed by Genyo Takeda, Senior Managing Director."
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