Nintendo’s Satoru Iwata won’t resign in wake of lowered forecasts

After announcing that they had revised their full-year financial forecast, Nintendo’s global president Satoru Iwata has directly apologised to shareholders and admitted responsibility for the company’s disappointing performance.

That’s according to Nikkei who also report that Iwata has indicated during a press conference earlier today that he will not resign, instead seeing that it is far more important that he continues to drive the Nintendo toward recovery.

[Thanks NeoGAF]