Saudi Arabia’s Public Investment Fund buys 5.01% stake in Nintendo Co.
Posted on 8 months ago by Dawn in General Nintendo, News | 0 comments
Saudi Arabia’s Public Investment Fund has purchased a 5.01% stake in Nintendo Co.
According to a report by Bloomberg, this will make the PIF the company’s fifth-largest shareholder, and was done for investment purposes. This is the PIF’s third known acquisition in Japan-listed gaming firms made this year, after they previously disclosed stakes in Capcom Co. and Nexon Co. that are also both greater than 5% and have a combined value of over $1 billion.
The PIF has been notably active in investments in the video game industry over the last two years, as in 2021 it made acquisitions worth $1.3bn in Activision Blizzard and $1bn in EA, which equates to around 3.5% and 2.6% respectively of those companies’ share totals. It also invested $825m in Take-Two, accounting for approximately 3.5% of the company’s total shares.
A Nintendo spokesman is said to have stated that the company heard about the investment from news reports, but would not comment on the activities of individual shareholders.
Xenoblade Chronicles: Definitive Edition – Future Connected story takes place one year after the main game
Posted on 2 years ago by Daire(@OrangeLight7895) in News, Switch | 0 comments
Nintendo has confirmed via Twitter that the upcoming epilogue featured in Xenoblade Chronicles: Definitive Edition, Future Connected, is set one year after the events of the main game.
Future Connected is a brand new story featuring Shulk and Melia, but no specifics of the epilogue have been shared yet. It was previously revealed that it can be accessed at any point during Xenoblade Chronicles: Definitive Edition.
Xenoblade Chronicles: Definitive Edition releases May 29th 2020.
Fortune report: Nintendo is ‘closely watching’ streaming technology, says Doug Bowser
Posted on 3 years ago by Devin(@Sonicb00m111) in General Nintendo, News | 0 comments
As part of a recent article published by Fortune on the future of Nintendo and the Switch, they report on some comments made by Doug Bowser that Nintendo is “closely watching” streaming technology moving forward.
Additionally, Bowser also comments that the Switch already “delivers on a lot of the promises of streaming”, citing the console’s handheld capabilities. The full quote can be read below.
The Switch delivers on a lot of the promises [of streaming], it’s a device where you can play anywhere, at any time, with anyone. It’s obviously something that we’re closely watching, and looking at, and understanding.
Nintendo hiring level designer for Legend of Zelda
Posted on 4 years ago by Nick in News | 0 comments
Looks like Nintendo is looking to hire a new level designer for The Legend of Zelda. It seems they will be designing events, dungeons, fields and enemies. It’s good to know more Zelda is coming from Nintendo.
Nintendo, Ambrella, The Pokemon Company file patent for Pokemon handheld device
Posted on 8 years ago by Brian(@NE_Brian) in General Nintendo, News | 3 Comments
In March, Nintendo filed a US patent along with Ambrella and The Pokemon Company for “Information Processing Apparatus, Information Processing System, Information Processing Method and Recording Medium”. The filing was only just made public today.
That application title may sound confusing, but it’s ultimately for a handheld device incorporating NFC/RFID figures and IC cards (smart cards). As you would expect, the device focuses on Pokemon and gaming.
How exactly this patent will be used is currently unknown. For all we know, it could just be a filing that will never be used. Only time will tell…
Nintendo Maintenance scheduled for Wii U + 3DS on August 5th
It looks like some maintenance will be coming to online services on 3DS and Wii U systems later this week. Over on neoGAF it was pointed out that this type of extended maintenance often occurs before system updates. In any case, here is the schedule for the downtime:
– Wii U and 3DS (online play, leaderboards, etc…) on Tuesday, August 5:
a) Europe : 2AM to 4AM
b) UK : 1AM to3AM
c) USA (East Coast) : 8PM to 10PM (Monday)
d) USA (West Coast) : 5PM to 7PM (Monday)
e) Japan : 9AM to 11AM
Additionally, Steel Diver: Sub Wars will get the same treatment the following day:
– Steel Diver : Sub Wars (3DS – online play, leaderboards, etc…) on Wednesday, August 6:
a) Europe : 2.50AM to 4AM
b) UK : 1.50AM to3AM
c) USA (East Coast) : 8.50PM to 10PM (Monday)
d) USA (West Coast) : 5.50PM to 7PM (Monday)
e) Japan : 9.50AM to 11AM
A look at Nintendo’s Q1 2014 financials
Nintendo’s financials for Q1 2014 have been released (that is, for April – June), here are a look at some of the highlights to come out of that press release:
- Revenue: 74.70B yen (-8.4% year over year)
- Opt income: -9.47B yen
- Net income: -9.92B yen
Hardware + Software Sales
- Wii U unit sales (hardware): 0.51 million
Financial year – 0.40 million
Lifetime to date – 6.68 million
- Wii U unit sales (software): 4.39 million
Financial year – 4.39 million
Lifetime to date – 36.67 million
* Mario Kart 8 sold 2.82 million copies worldwide in its first month on sale.
- 3DS unit sales (hardware): 0.82 million
Financial year – 0.82 million
Lifetime to date – 44.14 million
- 3DS unit sales (software): 8.57 million
Financial year – 8.57 million
Lifetime to date – 171.49 million
- Wii unit sales (hardware): 0.09 million
Financial year: 0.09 million
Lifetime to date: 101.15 million
- Wii unit sales (software): 1.60 million
Financial year: 1.60 million
Lifetime to date: 896.82 million
- DS unit sales (hardware): 0.06 million
Financial year: 0.13 million
Lifetime to date: 153.99 million
- DS unit sales (software): 2.15 million
- Financial year: 10.29 million
Lifetime to date: 938.93 million
Financial Year 2014/2015 Forecast
- 3DS hardware – 12 million
3DS software – 67 million
- Wii U hardware – 3.6 million
Wii U software – 20 million
- Wii hardware – 0.5 million
Wii software – 9 million
For a look at how these numbers compare to previous quarters, check out this thread
Zelda Wii U – first screenshots
Posted on 8 years ago by Brian(@NE_Brian) in Images, News, Screenshots, Wii U | 10 Comments
Mario Maker announcement trailer
New Super Mario Bros. 2 2DS bundle revealed for Europe
Posted on 8 years ago by Demelza(@ReporterDem) in 3DS, News | 0 comments
A new Nintendo 2DS bundle has just been revealed by the Nintendo Europe Twitter account.
This bundle includes a red and white 2DS console along with a special copy of New Super Mario Bros. 2 which includes all 30 Coin Rush challenges. The challenges were originally released for the game as DLC.
The bundle will be released in Europe on the 4th of July.