The rumours of Shigsy's demise have been greatly exaggerated, it would seem...or at least that's what Nintendo want you and their investors to think. The industry legend said that it was important that Nintendo created a structure by which it could survive creatively without him in the future, but said there was no way he was retiring from his current position yet.
"We have to construct the structure so that the organization so that it can make it without me,” said Miyamoto in the Wall Street Journal today. “I should also admit that it might be better without me; I mean that a different approach and different talent might emerge, though I shouldn’t dwell on this because then the article might indeed say ‘Mr. Miyamoto is thinking about retiring,’ because that is not the case."
Wired made the dubious "mistake" of putting the words "Miyamoto" and "retired" in the same sentence and the internet went mad, with Nintendo's share prices actually dropping at the end of yesterday. We rather bet they can't wait to see the back of 2011, quite frankly. “Inside our office, I’ve been recently declaring, ‘I’m going to retire, I’m going to retire,’” Miyamoto said through his interpreter, reported by Wired yesterday. “I’m not saying that I’m going to retire from game development altogether. What I mean by retiring is, retiring from my current position.”
Glad we got that straightened out.
Nintendo PR made sure of that, by pouncing on the topic after a share price panic drop immediately to clarify: ""This is absolutely not true," a Nintendo spokesperson told Reuters. "There seems to have been a misunderstanding. He has said all along that he wants to train the younger generation. [...] He has no intention of stepping down. Please do not be concerned."
Miyamoto did reiterate today his desire to concentrate on smaller projects going forward, with the WSJ reporting that "he would like to focus more time on small ideas that, he said, could blossom into bigger games as time goes on".