Tatsumi Kimishima, who took over as President of Nintendo after the passing of Satoru Iwata, has stepped down from his current role at The 78th Annual General Meeting of Shareholders in Kyoto today. Shuntaro Furukawa will act as the new President going forward, the sixth overall since Nintendo was founded in 1889.

Furukawa issued a statement to shareholders and investors following his appointment. “We want to continue being a company that creates entertainment to bring smiles to people’s faces. Based on this fundamental strategy, we will continue striving to offer products and services that anyone can enjoy, regardless of age, gender, or gaming experience by keeping our dedicated video game platform business with its integrated hardware and software at the core of our operations.

“We will continue our efforts to introduce an even wider range of consumers to the unique appeal of Nintendo Switch, [while also continuing] to expand the number of people who have access to Nintendo IP in the world beyond game platforms developed by Nintendo.”

Furukawa has a very storied history with the company. Not only is he an outside director of The Pokemon Company but was also involved in the Nintendo Switch’s development. He has been in charge of the global marketing department for Nintendo since September 2016.

Kimishima’s contributions to the company can’t be credited enough. After taking over in July 2015, Kimishima helped lead the company to its most profitable period in years with the launch of the Nintendo Switch. The console has gone on to sell almost 18 million units since launching in March 2017. How the company progresses forward under Furukawa remains to be seen but the present and near future are pretty bright.

NOMINEES

PHIL SPENCER: 

Xbox had a bit of a rough year, but it managed to end on a strong note, thanks to the incredible bit of hardware engineering that is the Xbox One X, and the success that it has achieved, by all early accounts and indications. With Spencer having now addressed the Xbox’s deficiencies in services and hardware, he is claiming to look into addressing the problem with Microsoft’s first party lineup going forward—and if he does it as effectively as he resolved the hardware problem with the Xbox One X this year, then Xbox fans are in for some great times ahead.

TATSUMI KIMISHIMA: 

The President of Nintendo who took over after the sad passing of Mr. Satoru Iwata in 2015 has been curiously low profile and quiet ever since—but it turns out he might be one to let his actions do the talking. Because is there any doubt that this year was the year of Nintendo? From the launch of the Nintendo Switch, to the stunning success it has received, to the third party support he has slowly built up after the Wii U’s troubles, to the launch of multiple acclaimed games in the same year, to announcements of next games in long dormant franchises, to even pushing out successful mobile games, Mr. Kimishima has commandeered Nintendo into a position of dominance after years of fading relevance- truly laudable and noteworthy.

BRENDAN GREENE: 

Brendan ‘PlayerUnknown’ Greene is the mastermind behind the biggest game of the year—PlayerUnknown’s Battlegrounds. And while you can make the argument that PUBG is built on the shoulders of previous giants in the battle royale genre, such as H1Z1, the fact remains that it took Greene’s take on the concept, and his synthesis of old elements and new, for the idea to catch on. There are over 20 million copies of the game sold already, and Steam itself has been buoyed by its success—that is the kind of success that very few people can lay claim to singularly.

SHUHEI YOSHIDA: 

Mr. Yoshida is the head of Sony Worldwide Studios, and he is responsible for the output of first party games from Sony’s studios around the globe—which means, simply going by the sheer fantastic showing of exclusives, released and announced, that Sony has had this year, he deserves credit. Whether it is for Horizon: Zero Dawn, the stunning open world action RPG that took the world by storm, or Uncharted: Lost Legacy, a light hearted swashbuckling new Uncharted game that shows us where the future of the beloved franchise might lie, to even something like Gran Turismo Sport, which for all its flaws is a daring attempt at reinventing a tired franchise, to the great announcements by Sony, including Ghosts of Tsushima, Mr. Yoshida’s contributions in securing PS4’s place at the top of the console pile cannot be understated at all.

YOSHIAKI KOIZUMI:

Koizumi has a pedigree and history at Nintendo, but it is only recently that we’ve begun to see more of him. And it makes sense, too- Koizumi is the head of Nintendo EPD (which means all Nintendo games that are released go out from under him), and he was responsible for designing the Nintendo Switch hardware as well as Super Mario Odyssey- that’s a hell of a resume, especially in the span of one year. If you have played any Nintendo game this year, or bought a Switch, or even seen a Nintendo Direct, you basically enjoyed something that Koizumi created.

AND THE WINNER IS

Tatsumi Kimishima.

Just look at where Nintendo was one year ago—teetering on the brink of irrelevance, their games growing stale and passing the larger market by, their hardware thought to have no place in the modern industry, and having suffered multiple losses and a decline in prominence. One year later, Nintendo has the most exciting system on the market, has released two of the highest rated games of all time, has made the rest of the industry sit up and take notice, and had their most successful hardware launch yet. This isn’t even counting initiatives like mobile games and the SNES Classic Mini—the long and short of it is, 2017 is the year where we can amply establish that Nintendo is back—and Mr. Kimishima bears credit for that happening.

Note: GamingBolt’s Game of the Year categories, nominations and awards are selected via an internal nomination, voting and debate process. You can check the rest of categories and the respective winners here.

Earlier this week, Nintendo finally announced a new President for the company, to replace Satoru Iwata, after his passing in July. Tatsumi Kimishima, the former head of Nintendo of America, and one who is in tune with the global market (he famously predicted that the Wii U would bomb- the only person within Nintendo to do so), who takes over the reigns of the company for a year.

Xbox boss Phil Spencer, at least, seems to be confident about Kimishima’s prospects. “I don’t know him but Nintendo is great gaming with amazing track record. I’m sure he’ll do great; I wish him well,” Spencer said, in response to a question on Twitter.

Kimishima, on his part, has confirmed that he plans to stay the course, and not deviate too much from the groundwork that Iwata laid down for the next few years. This includes the launch of the new NX console, Nintendo’s expansion into mobile gaming, as well as character and IP licensing initiatives, such as theme parks, movies, TVs, and Amiibo.

After president Satoru Iwata suddenly passed away in July due to illness, Nintendo has announced its new president: Tatsumi Kimishima. As boss of Nintendo of America and having experience in the Pokemon Company, Kimishima was replaced by Reggie Fils-Aime. He’ll begin his new role as president of the company later this week.

Prior to Kimishima’s appointment, Shigeru Miyamoto and Genyo Takeda functioned as acting presidents in the meantime. Kimishima has been credited with the success of the Nintendo Wii and has had a key role in several Nintendo titles like Mario 5 to 8, Metroid Prime, Mario Golf Advanced Tour and Toadstool Tour and much more. In terms of experience, he’s been associated with Nintendo in some way or another since becoming the Pokemon Company’s CFO in 200.

What are your thoughts on Kimishima’s appointment and do you feel that he’s the right man for the job? Let us know in the comments below and stay tuned for more information.