History of Nintendo card business reached its saturation point. Japanese households stopped buying playing cards, and the price of Nintendo stock fell from 900 yen to 60 yen. In 1965, Nintendo hired Gunpei Yokoi as a maintenance engineer for the assembly line. However, Yokoi soon became famous for much more than his ability to repair conveyor belts. Nintendo struggled to survive in the Japanese toy industry; it was still small at this point, and dominated by already well-established companies such as Bandai and Tomy. Because of the generally short product life cycle of toys, the company always had to come up with new
Line Corporation Line Corporation Line Corporation (stylized as LINE Corporation) is a subsidiary of the South Korean internet search giant Naver Corporation. The company's business is mainly associated with the development of mobile applications and Internet services. Line Corporation was founded on September 4, 2000, as Hangame Japan as a part of Hangame, a South Korean game company owned by NHN at the time. On August 24, 2003, the company was renamed to NHN Japan. Naver later established another Japanese subsidiary, Naver Japan in 2007 which managed the Naver search engine in Japan before its demise. Naver Japan would later acquire Livedoor