UPDATE: According to several sources, Nintendo has denied this story, saying Miyamoto is not retiring from his position after all.
Shigeru Miyomoto declared in an interview with wired.com that he will be retiring as the head of Nintendo’s EAD: Entertainment, Analysis, and Development department. He has said that he will not be retiring from Nintendo entirely, but will be stepping down to become involved more so in the direct development of games rather than the supervision of the development of huge titles such as The Legend of Zelda: Skyward Sword and Super Mario 3D Land.
Hit the jump for some quotes taken from the interview between wired.com and Miyamoto.
“Inside our office, I’ve been recently declaring, ‘I’m going to retire, I’m going to retire,’” Miyamoto said through his interpreter. “I’m not saying that I’m going to retire from game development altogether. What I mean by retiring is, retiring from my current position.”
“What I really want to do is be in the forefront of game development once again myself,” Miyamoto said. “Probably working on a smaller project with even younger developers. Or I might be interested in making something that I can make myself, by myself. Something really small.”
“In other words, I’m not intending to start from things that require a five-year development time,” he said.
He was also noted saying that he is hoping to start a project in 2012 and show the game publicly within the year.
He also noted that he feels comfortable stepping down from his position, as he feels that his staff have done a fantastic job with games inside both the Zelda and Mario series.
“I’m saying this because I have a solid reaction from the existing teams,” he said. “I was able to nurture the developers inside Nintendo who were able to create something like this or something like that,” he said, gesturing to banners in the interview room in Nintendo’s office that showed the logos of Skyward Sword and Super Mario 3D Land.
“The reason why I’m stressing that is that unless I say that I’m retiring, I cannot nurture the young developers,” he said. “After all, if I’m there in my position as it is, then there’s always kind of a relationship. And the young guys are always kind of in a situation where they have to listen to my ideas. But I need some people who are growing up much more than today.”
It is noted that he seemed rather excited to begin new projects in the future.
“Anyway, I’m interested in doing a variety of many other things,” he said with a cryptic smile.