Nintendo’s newest financial report in Kyoto saw the beginning of a change in leadership for the company as current acting president Tatsumi Kimishima prepares to step down for Shuntaro Furukawa to take the helm.

Furukawa, 46, has been with the company since 1994 after falling in love with the NES. He started off in the company’s Global Marketing division, and has been around a few different places in the corporate chain of Nintendo. Most notably perhaps is that he currently serves as a member of the board for both Nintendo and The Pokemon Company International.

This move is the final step of a reorganization in the company that started with the unfortunate passing of previous president Satoru Iwata almost three years ago. Kimishima has always been a temporary president, namely to oversee the launch of the Switch. Now that the system is in a very stable place, the company is allowing a new head to lead forward.

“I grew up playing the Famicom and come from that generation.”

“I grew up playing the Famicom and come from that generation. Now as a member of management with Super Mario’s creator Shigeru Miyamoto, I have a lot of respect for him. On the other hand, with this new job that can’t just be it, so I expect to say what needs to be said to run the company,” Furukawa said.

However, Furukawa’s new role is not the only change in administration at Nintendo. Current senior managers are retiring, freeing up space for Yoshiaki Koizumi and Takashi Tezuka to move forward. Koizumi is a familiar face for many Nintendo fans, as he’s been the face of the Nintendo Direct series as of late. Tezuka has been an influential leader of Nintendo’s EAD teams for a couple decades, having started with the company back in the early ’80s.

All of this news comes on top of a very successful financial report that shows the company trending positively into the second year of the Switch and continued growth in mobile games.

Image Photographer: Yuki Furukawa/Bloomberg