E3 2018: Nintendo’s Fils-Aime hits back at analysts as stock declines

Reggie Fils-Aime, president and chief operating officer of Nintendo of America Inc., stands for a photograph during the E3 Electronic Entertainment Expo in Los Angeles, California, U.S., in Los Angeles, California, U.S., on Wednesday, June 13, 2018. For three days, leading-edge companies, groundbreaking new technologies and never-before-seen products are showcased at E3. Photographer: Patrick T. Fallon/Bloomberg

Nintendo Co executive Reggie Fils-Aime is fighting back against the view that the game maker is running out of surprises, a sentiment that has fuelled the company’s worst stock rout in almost three years. 

The head of Nintendo’s US operations said on June 13 in Los Angeles that analysts who doubt its ability to deliver more content have got it wrong, saying that the Switch hybrid console is on solid footing ahead of its second holiday season. He defended the game lineup unveiled at this week’s Electronic Entertainment Expo – which analysts have criticized as lacking – promising to show more “in the weeks and months ahead”.