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Satoru Iwata to miss annual shareholders meeting following surgery

Nintendo president recovering after bile duct operation

Nintendo president Satoru Iwata has confirmed that he will not be attending the company's annual shareholders meeting due to recent surgery.

In a statement posted to all shareholders, Iwata revealed that he had recently undergone an operation to have a growth removed from his bile duct.

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"Recently, as the result of one of my routine physical examinations, an issue was detected," he explained. "Following a more detailed examination, a growth was found in my bile duct.

"In general, it is said that a bile duct growth can be difficult-to-treat, partly because of the difficulty of detecting it early. In my case, luckily, it was detected very early and I had no symptoms.

"I was counselled that removal at an early stage would be the desirable medical option. Therefore I had surgery last week, and I came through it well, as predicted.

"I have already resumed my business by email and by other means, but it is anticipated that a little more time is needed for me to return to my regular work schedule. As a result, I have no choice but to miss the company's very important activity, the Annual General Meeting of Shareholders, to be held this month.

"As the president of the company, I regret that I cannot attend the meeting. However, I understand that I have to prioritize my medical treatment and to recover as soon as possible so that I will again be able to do my best to help the company to grow."

Iwata did not attend this year's E3 conference in LA due to unspecified health reasons. It would now appear the surgery was the reason for this.

Nintendo swung to an annual net loss in the financial year ended March 31 2014 as Wii U sales continued to disappoint.

However, recent strong sales of Mario Kart 8 and a positively received E3 suggest the company has the potential to slowly turn around its fortunes.

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