Iwata striving to regain 'Nintendo-like' profits by March 2014

Console firm reorganises hardware and software divisions as it adapts to HD development

Nintendo is striving to make a return to “Nintendo-like” profits by the end of March 2014.
In the its annual report, company president Satoru Iwata said the firm had reorganised its development divisions to improvement efficiency in hardware and software creation.

The firm has previously admitted that it was struggling to adapt to HD game development for the Wii U, causing a number of delays to its release slate.
He also said Nintendo was increasingly looking at join development with external studios.
Iwata highlighted other initiatives including the Nintendo Web Framework for Wii U development and the expansion of its digital business as part of its plans to strengthen its competitiveness in the medium-to-long term.

http://www.develop-online.net/news/4...-by-March-2014