One of the biggest questions investors had for Nintendo on their latest financial earnings call was whether the company, along with Microsoft and Sony, would spend a lot of money on acquiring companies. Nintendo president Shuntaro Furukawa has explained that this won’t be the case, as they rely on making their own first party titles instead.
Who would buy Nintendo?
Nintendo is a company whose most popular titles are those made by their own studios or have their own IPs. A major third-party studio would not easily fit into this business model. As Tokyo-based analyst Serkan Toto told: Bloomberg:
I really can’t imagine which of the great ones would even buy them. Nintendo will always be Nintendo. The company has always relied on first-party games and I see no reason why they should change.
Furukawa reiterated that Nintendo is unlikely to change, stating “oour brand is built on products made with dedication by our employees, and it wouldn’t be a plus to have a large number of people in our group who don’t own Nintendo DNA.” Nintendo is not against acquisitions per se, but the company does not consider it necessary at this time. Instead, Nintendo had already confirmed that they would spend money on bolstering its own game development, primarily aimed at “promoting organic growth”.
On the other hand, Sony just agreed to acquire Bungie, while Microsoft announced similar plans with Activision in early January. During their own earnings presentation, Sony announced that they had allocated approximately $17.4 billion for acquisitions, buyouts and other “strategic investments”. So far, Sony has spent about $7.4 billion of that budget, leaving a pretty hefty $10 billion budget for the rest of the year. PlayStation CEO Jim Ryan has already said fans can expect more acquisitions in the future.
In other news, a Bloodborne PSX demake proves to be incredibly popular with fans after being downloaded more than 100,000 times in one day. Unfortunately, this seems to be the only PC version of the game that players are likely to get for a while. Elsewhere, Sony has detailed all the features players will encounter during the first few hours with Gran Turismo 7.