Nintendo’s Shigeru Miyamoto Gagged Due To Share Deal

The following Nintendo representatives will be attending GDC – but, by order of the company, will not be able to speak about forthcoming products due to a share deal currently in process that will see the Japanese government selling its Nintendo stock.

Shigeru Miyamoto (Mario creator and all-round genius)

Eiji Aonuma (Producer: The Legend of Zelda: Twilight Princess)

Koji Kondo (musician: The Legend of Zelda: Twilight Princess)

Reggie Fils-Aime (President and Chief Operating Officer of Nintendo of America)

Perrin Kaplan (vice president of Marketing & Corporate Affairs for Nintendo of America – and ‘Game Cube Killer’)

The government is selling 1.987-million shares - valued at 67.3 billion yen (£302-million) - but these are to be priced between today and March 8th. This means that any information that could be given to eager consumers, can’t be given to eager consumers in case it affects the price of the shares.

In short, until the Japanese government has - at the request of Nintendo - offloaded its shares, don't expect to hear anything new out of the company. The reason that Nintendo has requested the shares to be sold is nothing too dreadful, it simply wants more tradeable stock in the market.