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Nintendo CEO Satoru Iwata Dies

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Nintendo CEO Satoru Iwata has reportedly passed away at the relatively tender age of 55, succumbing to a tumour of the bile duct.

Nintendo’s own terse announcement of the news gives no indication of who his successor might be, but given his lengthy illness and Nintendo’s protracted slump (although Iwata presided over the company’s highest ever profits, so his overall evaluation is likely to be far from negative), Nintendo’s business seems unlikely to be affected – indeed, their shares are actually up slightly on the news.

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