Japanese Prime Minister, Shinzo Abe, would like for his country to learn from Nintendo.
Specifically, Abe gave the example of how Nintendo evolved its business in a dramatic way to find new sources of success as its hanafuda card business shrunk.
“Over there, they made hanafuda cards, but gradually the people playing hanafuda decreased. However, that company called Nintendo makes hanafuda cards and whatnot, and I believe that only by doing that, it wasn’t able to protect hanafuda.”
The Prime Minister continued by emphasizing how moving into video games and leading that industry was vital to the company’s survival.
“And at the same time, it is keeping the traditional hanafuda cards. For sure, I think this is something that we can learn from.”
Nintendo’s President, Satoru Iwata, just sent a message to the company’s shareholders today and previously announced Nintendo’s Quality of Life strategy.
Source: Nintendo Life
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