Satoru Iwata has received gloomy news from Nintendo's latest investor report, which has seen his approval rating drop by roughly 12 per cent. Add to this that all of the other Nintendo executives scored 90 per cent or higher, and it makes for uncomfortable reading for the man in charge of Nintendo's fortunes.

After over seeing the spectacular successes of the Wii and DS, Nintendo have found themselves struggling with the Wii U console, which launched late last year. However after a similarly rough start for the 3DS, Nintendo have turned it's fortunes around spectacularly, and will be hoping they can work their same magic on their latest home console, especially this Christmas when faced with stiff opposition from the PlayStation 4 and Xbox One.

For Iwata himself, he has become the public figure head for Nintendo, as well as the corporate one, via the 'Nintendo Direct' broadcasts which he usually presents, often poking fun at himself and with other Nintendo faces like Shigeru Miyamoto. However with this latest news, is it time for Iwata to start being more serious and drop his goofy image? Let us know what you think in the comments below and on the forums.