The 80th annual general meeting of shareholders for Nintendo took place on June 26, and while the majority of the event was business as usual, the lack of new game announcements in 2020 was brought up during the Q&A period.

Rather than a question, the concern came in the form of a comment about the lack of new Nintendo Directs and announcements. On the one hand, it is understandable that there is nothing to present during E3 because Covid-19 has led to the cancellation of that event. However, the investor stated concern because, “…at present, there are few software titles with set release dates… I’d like to see some titles announced via a Nintendo Direct soon. Also, as times have changed, I feel it might be a good idea to review the whole process of making announcements using Nintendo Direct.”

Shuntaro Furukawa, the sixth and current president of Nintendo, answered the concern by affirming that the cancellation of E3 was certainly a factor in the lack of new presentations, stating, “none of the significant industry events are being held because of COVID-19, not only E3, and Nintendo also has no plans for any such occurrences.” Then, Furukawa went on to describe that, “We intend to use other methods flexibly to deliver the latest information on our products, so please stay tuned.”

While Furukawa could have stopped there, he went on to state that the future of delivering information to eager consumers is open to change based on the shifting landscape of the industry. He states, “We think the Nintendo Direct format is handy for us…[but] as the times change, the most effective ways of sending information can also vary, so I think we should always be looking for the best ways of communicating.”

This should come as no surprise to anyone who has been a long-time fan of Nintendo or the industry in general because they are always at the forefront of trying new and experimental things. With that said, shifting how information is rolled out would not be a bad thing at all. Fans have become used to seeing Nintendo Direct presentations that it often feels like listening to a spoiled child wailing away on internet forums, demanding to know why they have not yet seen a new presentation.

For a shareholder to express reservations about the lack of Nintendo Direct presentations makes sense because those people are directly invested in the performance of stocks, and quarterly reveals of that kind would certainly be helpful for them. However, Nintendo is not like Activision Blizzard.

They do not aim to release game expansions like clockwork to appease investors. Instead, Nintendo focuses on quality, and the concern expressed by this shareholder is largely unimportant. Nintendo will continue to make great games and reveal them when the opportunity best fits, and shareholders who want precise game announcements and releases regardless of content should simply buy stock in Activision Blizzard instead if they prefer quantity over quality.

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