Business

Nintendo chief stays on, health business planned

Nintendo president Satoru Iwata didn’t give details of what he called his ‘‘quality of life’’ business plans.
Nintendo president Satoru Iwata didn’t give details of what he called his ‘‘quality of life’’ business plans.Credit: YOSHIKAZU TSUNO/AFP/Getty Images

This is a summary. To read the whole story subscribe to BostonGlobe.com

Nintendo has been unable to arrest a slide in console sales as more people play games on smartphones and tablets. The company’s apparent solution? A move into health care.

Nintendo president Satoru Iwata vowed Thursday to stick to the company’s old ways, refused to resign or cut product prices despite its dismal earnings, but said the video game maker will enter the health care industry.

Iwata didn’t give details of what he called his ‘‘quality of life’’ business plans, except that it won’t be a wearable device.

Kyoto-based Nintendo already offers fitness games. Iwata promised to disclose details later this year.

Full story for BostonGlobe.com subscribers.

Get the full story with unlimited access to BostonGlobe.com.

Just 99 cents for four weeks.

Share