Japanese man scraped together cash to buy Nintendo shares just to get a weird complaint in.

  • @dragontamerEnglish
    6•2 years ago

    I don’t know Japanese law, but in US law, a shareholder has the right to attend shareholder meetings. This has a few effects:

    1. You can buy shares, hold them for the required time, and then sell them later. Its not like $3500 in Nintendo shares has changed much value in the past couple of weeks, the money is still there, its not like “spending” money on a fancy restaurant. Its an investment.

    2. Shareholders have the right to ask questions of the board and otherwise participate. The rules change from company to company, but the shareholders are the owners of the company. The board exists to serve the shareholders. So some degree of public questioning (from the shareholders) is traditional at these events.

    3. Causing a ruckus at these meetings is annoying and unhelpful to everyone. Shareholders are mostly concerned about how well Nintendo is doing. The most that probably should be wavered off topic with regards to games is maybe Nintendo setting sales expectations (ex: We released Zelda this year, which is one of the bigger releases. We probably won’t have another big release like that until next year… or whatever). Going deep into poses in Splatoon 3 is so far off topic that it definitely makes me uncomfortable.