Nintendo now owns 100% of Xenoblade dev Monolith Soft
Nintendo already owned an overwhelming stake in Monolith Soft, but that number has now increased to 100%.
That news comes directly from the company’s website. The site now states that Nintendo fully owns the company. Previously, the stake amount was known to be at 96%. Founders Hirohide Sugiura, Tetsuya Takahashi, and Yasuyuki Honne held the last 4% previously.
Back in 2007, Nintendo owned 80% of Monolith Soft. The stake amount went up to 96% in 2011. It’s unclear when Nintendo picked up the remaining 4%, but that appears to have happened sometime this year.
Monolith Soft, of course, is the developer behind the Xenoblade Chronicles series. In March, the entire series will be available on the console when Xenoblade Chronicles X: Definitive Edition launches. You can read about that here. You can also check out the company’s website here.
Thanks to Greatsong1 for the tip.