Satoru Iwata's reign as Nintendo president is once again believed to be under pressure with investors allegedly moving to remove the outsider from his position of power, the Japanese language Business Journal reports (retweeted by Nintendo analyst Dr Serkan Toto).

Iwata is the first outsider to head Nintendo, having come from HAL Laboratory. It's believed the first son of Iwata's predecessor Hiroshi Yamauchi is the favoured candidate to take over as president.

The report claims that Iwata is vetoing the board's demands to release titles on smartphones, instead remaining "fixated" with console development and the unified hardware and software future.

Source: Business Journal via Nintendo Everything