Nintendo says taking risks is necessary in the entertainment business, as success is never guaranteed

Nintendo is very well known for marching to the beat of their own drum. Sometimes it works and sometimes it doesn't, but more often than not, Nintendo finds success. Following Nintendo's most recent financial report, the company shared some insight into their philosophy behind constantly taking risks. You can see the statement below.

We are engaged in the entertainment business, where trends are frequently profound, and the future is challenging to predict. In recent years, entertainment has become more diverse, and it has become more pronounced that we are in a business for which success is not guaranteed. In this environment, we need to conduct our business by taking more risks, so that we can continue our mission to deliver unique play and ultimately put smiles on the faces of our consumers around the world.