Nintendo President Satoru Iwata: “We are Considering Mergers & Acquisitions”
Nintendo President Satoru Iwata has revealed that in addition to their strategy of cultivating customer relationships via the internet and Nintendo Direct, offering discounts and sales, and launching businesses, the company has been, “considering mergers and acquisitions as an option.”
“We should leave behind outdated assumptions about our businesses,” Mr. Iwata also said in a recent interview with Nikkei. They have even considered delisting the company entirely from the stock market, as the, “Quarterly earnings reports aren’t a good fit for Nintendo. We can’t predict in advance how much of a hit a product can be. Even when we do our planning thinking that our goals are reachable, at times things don’t go as planned and this upsets (the shareholders).”
Mergers and acquisitions could certainly bolster Nintendo’s library, of which the most successful games tend to come only from first-party development.