Nintendo president Tatsumi Kimishima stepping down, Shuntaro Furukawa taking his place

Nintendo announced today as part of its yearly fiscal report that its president Tatsumi Kimishima will be retiring on June 28. Shuntaro Furukawa, who has been with Nintendo since 1994, will be the new president.

Kimishima became president following Satoru Iwata’s death in July 2015. Kimishima helped Nintendo launch the Switch, and the home console/portable hybrid has been a huge hit. The system has reached sales of nearly 18 million since launching in March 2017. Also during his time as president, Nintendo has been working on a theme park project with Universal and announced plans for a Super Mario movie with animation studio Illumination.