Nintendo President Satoru Iwata will not attend the E3 gaming conference in Los Angeles next week due to health issues, the Japanese electronics company confirmed. The E3 gaming conference is the largest video game conference - and a major platform for Nintendo, Sony and Microsoft - though the 54-year-old reportedly doesn't have any major health problems.
It's unfortunate timing for Iwata to skip E3, as Nintendo continues to struggle to get gamers onboard with its Wii U flagship gaming platform. However, the company plans to return to profitability in its fiscal year that ends March 2015, sources say. The company will not have a traditional keynote and will instead unveil new video game titles and new products during video presentations.
"He's been instructed by his physician not to travel overseas in the immediate future and therefore will not be making the trip to Los Angeles," Nintendo U.S. officials told the Wall Street Journal.