Wait! Shigeru Miyamoto isn’t stepping down!

It seems that Shigeru Miyamoto himself doesn’t even know when Shigeru Miyamoto is planning to retire.

A few hours after Wired broke the news that Miyamoto was planning to step down from his position as the company’s Managing Director soon, Nintendo has issued a “correction” declaring that to be untrue. Speaking to Reuters, a Nintendo spokesperson denied every part of the Wired interview:

“This is absolutely not true. There seems to have been a misunderstanding. He has said all along that he wants to train the younger generation. He has no intention of stepping down. Please do not be concerned.”

This is a far cry from Miyamoto’s own words to Wired, which makes me think Nintendo is doing a little damage control. And why not? The news of Miyamoto’s pseudo-retirement caused the company’s stock to fall two percent today.

For the record, here’s what Miyamoto told Wired:

“Inside our office, I’ve been recently declaring, ‘I’m going to retire, I’m going to retire.’ 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.”

Sounds like a retirement announcement to me.

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John Scalzo is Warp Zoned's Editor-In-Chief and resident retro gaming expert. You can email him at john AT warpzoned DOT com.