Billionaires start from video games

Nintendo's famous Japanese brand in the field of video game production was developed by Hiroshi Yamauchi. He is currently the 3rd richest person in Japan with a value of $ 4.8 billion, voted by Forbes Magazine.

Like millions of other ordinary people, after World War II, Hiroshi Yamauchi struggled with the difficulties piling up in the ruins of war. Beyond that, with his extraordinary talent and efforts, after being given the right to inherit the small business of the family, he blew a new vitality and gave Nintendo extraordinary steps.

Nintendo was originally a small business specializing in the production of cards for rudimentary entertainment founded by Hiroshi Yamauchi's grandfather. After being given the inheritance, he gradually reformed and expanded Nintendo. So far, Nintendo has hundreds of branches of factories and factories located inside and outside Japan. Nintendo's revenue is estimated at US $ 5 billion annually.

Nintendo inheritance and development

Yamauchi Hiroshi was born in 1927 in Kyoto, Japan. After graduating from Kyoto High School, he planned to enter a law school or a university's engineering school in Japan, but the widespread World War II changed Yamauchi Hiroshi's intentions and he continued to worked in the army factory until 1945.

When World War II ended, Yamauchi Hiroshi immediately entered the law school of Waseda University. However, his studies were once again impossible because only a while after his enrollment, Yamauchi Hiroshi had to abandon his studies to manage the family's business due to his grandfather. died. And he was officially given the right to manage the production business of Nintendo family business.

Although Hiroshi Yamauchi faced many hardships that seemed impossible to overcome, he was determined to find ways to make his family's business work. With his efforts, he gradually stabilized Nintendo's activities in the field of electronic toys production and took the new name for the company Nintendo Karuta (Nintendo Playing Cards) in accordance with the items that are cards entertainment.

Nintendo Karuta's activities have also begun to go deep. If the previous series of labor reforms did not work, then later, with the mindset of the new generation of workers, Hiroshi Yamauchi had solid foundations to develop research activities. rescued to produce new generation toys with high technical and intellectual levels. Therefore, he decided to carry out a program to renovate the technology line while recruiting more highly qualified staff and engineers for Nintendo Karuta.

By his right direction, right from the end of the 50s, Hiroshi Yamauchi has earned a reputation in front of the world's leading animator Walt Disney. Only a short time later, he succeeded with a contract to provide entertainment game components. With this contract, Nintendo can provide Walt Disney an average of 600,000 products per year.

In addition, to quickly realize Nintendo's expansion of scale, Hiroshi Yamauchi continued to replicate Nintendo's branches and was under the management of headquarters located outside Kyoto. This is when Hiroshi Yamauchi brought Nintendo to the public and gave businesses a strong growth momentum.

Target entertainment needs

From the 80s to the 90s, when the world began to enter a period of strong development, the demand for cards, entertainment game programs with high technical level and a lot of gray matter content is getting bigger and bigger. . So Hiroshi Yamauchi turned Nintendo into research and launched video game systems for the domestic market.

With his visionary vision, along with the expansion of production branches, Hiroshi Yamauchi also made an investment program to build a new product research center for Nintendo located outside Kyoto. As a result, Nintendo's skilled staff has a favorable environment to promote their creative talents.

Entering an American market, Nintendo's products will face huge competitive pressures. Therefore, Hiroshi Yamauchi decided to appoint the character of Arakawa, one of his top engineers and managers, to be the executive for Nintendo's new business strategy. With extensive knowledge and experience in the American market, Arakawa quickly deployed Hiroshi Yamauchi's business strategy, bringing Nintendo's game products to the US and then gradually taking over the market. this.

Currently Nintendo is Sony and Microsoft 's biggest rival in the world of video games. After years of ups and downs with Nintendo, in 2005, Hiroshi Yamauchi officially withdrew from the position of head of the corporation. However, with what has been done for the entertainment industry of the world, Hiroshi Yamauchi has always been remembered by everyone as one of the most successful entrepreneurs in the field of manufacturing and gaming business. Japanese and world entertainment.