Support NeoGAF

[Rösti]

This is in connection with Nintendo's 74rd Annual General Meeting of Shareholders, which was held Friday, June 27.

A securities report posted on June 30, 2014 mentions 29 consolidated subsidiaries (and 6 affiliated companies) though the list only features 22, just like last year. Not much new this year in terms of changes in actual subsidiaries apart from the lack of Fukuei Co., Ltd. (福栄&#12849 and a new mention of PUX Co., Ltd. Also, iQue got some increased capital, but only by very little.

Besides from a list of subsidiaries, the document contains much information on corporate governance. I haven't had the time to read it all, but there's some information about QOL in there (two new quotes/taglines I believe) as well as some details on risks for the near future.

Subsidiaries

Name: Nintendo of America Inc
Region: United States of America
Capital (in thousands): $110,000
Corporate role: Sales/marketing
Ownership percentage: 100

Name: Nintendo of Canada Ltd.
Region: Canada
Capital (in thousands): C$4,000
Corporate role: Sales/marketing
Ownership percentage: 100

Name: Nintendo of Europe GmbH
Region: Germany
Capital (in thousands): €30,000
Corporate role: Sales/marketing
Ownership percentage: 100

Name: Nintendo France S.A.R.L.
Region: France
Capital (in thousands): €10,000
Corporate role: Sales/marketing
Ownership percentage: 100

Name: Nintendo Benelux B.V
Region: Netherlands
Capital (in thousands): €6,800
Corporate role: Sales/marketing
Ownership percentage: 100

Name: Nintendo Iberica, S.A.
Region: Spain
Capital (in thousands): €3,000
Corporate role: Sales/marketing
Ownership percentage: 100

Name: Nintendo RU LLC.
Region: Russia
Capital (in millions): RUB104
Corporate role: Sales/marketing
Ownership percentage: 100

Name: Nintendo Australia Pty. Ltd.
Region: Australia
Capital (in thousands): AUD8,500
Corporate role: Sales/marketing
Ownership percentage: 100

Name: Nintendo Taiwan Co. Ltd.
Region: Taiwan
Capital (in thousands): NT$5,000
Corporate role: Sales/marketing
Ownership percentage: 100

Name: Nintendo of Korea Co. Ltd.
Region: South Korea
Capital (in thousands): ₩25,000
Corporate role: Sales/marketing
Ownership percentage: 100

Name: iQue, Ltd
Region: China
Capital (in thousands): $28,000 (was $26,000 in 2013)
Corporate role: Sales/marketing
Ownership percentage: 100

Name: Nintendo Technology Development Inc.
Region: United States of America
Capital: The list states 1 US$, I assume they mean a million US$
Corporate role: Development
Ownership percentage: 100

Name: Nintendo Software Technology Corporation
Region: United States of America
Capital (in thousands): $20
Corporate role: Development
Ownership percentage: 100

Name: SiRAS.com Inc
Region: United States of America
Capital (in thousands): $900
Corporate role: Other (product return solutions, retail fraud etc.)
Ownership percentage: 100

Name: Retro Studios, Inc.
Region: United States of America
Capital (in thousands): $10,001
Corporate role: Development
Ownership percentage: 100

Name: Nintendo (Hong Kong) Co., Ltd.
Region: Hong Kong
Capital (in thousands): HK$49,300
Corporate role: Sale/marketing
Ownership percentage: 100

Name: Nintendo European Research and Development SAS
Region: France
Capital (in thousands): €300
Corporate role: Development
Ownership percentage: 97

Name: Nd Cube Company, Ltd.
Region: Japan (Tokyo)
Capital: ¥483000000
Corporate role: Development
Ownership percentage: 96

Name: 1-UP Studio Co., Ltd.
Region: Japan (Tokyo)
Capital (in millions): ¥90
Corporate role: Development
Ownership percentage: 100

Name: Monolith Software, Ltd. (was Inc.)
Region: Japan (Tokyo)
Capital (in millions): ¥75
Corporate role: Development
Ownership percentage: 97

Name: Nintendo Network Service Database Inc.
Region: Japan (Tokyo)
Capital (in millions): ¥480
Corporate role: Other (network services)
Ownership percentage: 100

Name: Mario Club Co., Ltd.
Region: Kyoto
Capital (in millions): ¥450
Corporate role: Development (debugging)
Ownership percentage: 100

In addition to the above, there are five consolidated subsidiaries. That's only 27 subsidiaries though, and Nintendo states 29. There's of course that $150 million company that's not Japanese and not gaming related they aquired a while ago, but then what's the remaining subsidiary?

Affiliated companies

Name: Pokemon Co., Ltd.
Region: Tokyo
Capital (in millions): ¥365
Corporate role: Sales of Pokémon
Ownership percentage: 32

Name: Warp Star Co., Ltd.
Region: Tokyo
Capital (in millions): ¥10
Corporate role: Animation, IP/rights management
Ownership percentage: 50

Name: PUX Co., Ltd.
Region: Osaka
Capital (in millions): ¥45
Corporate role: Development of audio and video processing software
Ownership percentage: 27 (new for this year, was not included in last year's list)

In addition to the above, there are two companies accounted for by the equity method affiliate. However, that's only five and Nintendo states there are 6 affiliaties companies; which the sixth one is I don't know.

 

[perfectchaos007]

Name: Nintendo Software Technology Corporation
Region: United States of America
Capital (in thousands): $20
Corporate role: Development
Ownership percentage: 100

$20,000? I'll take it!

 

[L~A]

Name: Nintendo Network Service Database Inc.
Region: Japan (Tokyo)
Capital (in millions): ¥480
Corporate role: Other (network services)
Ownership percentage: 100

Interesting, missed that. Didn't know they had their own company for that.

 

[Sgt.McTigerbuns]

Did we ever find out what this was?

http://www.gonintendo.com/s/227800-nintendo-spends-100-million-on-mystery-acquisition

 

[Tenki]

Name: Pokemon Co., Ltd.
Region: Tokyo
Capital (in millions): ¥365
Corporate role: Sales of Pokémon
Ownership percentage: 32

How is The Pokémon Company capital just $3.6M?

 

[Xav]

Name: Retro Studios, Inc.
Region: United States of America
Capital (in thousands): $10,001
Corporate role: Development
Ownership percentage: 100

 

[Tadaima]

Name: Pokemon Co., Ltd.
Region: Tokyo
Capital (in millions): ¥365
Corporate role: Sales of Pokémon
Ownership percentage: 32

How is The Pokémon Company capital just $3.6M?

It's the founding capital (money invested into the company) as stated on the company toki (government record of the company) – not the valuation of the company.

 

[Shiggy]

In addition to the above, there are two companies accounted for by the equity method affiliate. However, that's only five and Nintendo states there are 6 affiliaties companies; which the sixth one is I don't know.

Is one of those still Silicon Knights?

 

[DKoops]

Interesting, missed that. Didn't know they had their own company for that.

That used to be the company responsible for the Japanese Wii no Ma channel I believe.

 

[Shikamaru Ninja]

Is one of those still Silicon Knights?

Left Field and Ape (paper company) I believe. SK is fully defunct no?

 

[L~A]

That used to be the company responsible for the Japanese Wii no Ma channel I believe.

Oh dang, I remember now! Thanks

 

[Cosmonaut X]

Did we ever find out what this was?

http://www.gonintendo.com/s/227800-nintendo-spends-100-million-on-mystery-acquisition

No word yet, but my guess is Amiibo-related (do Nintendo have the necessary tech etc. in-house for figure design/manufacture, for example?) or to do with QoL.

 

[Clov]

Pux's purpose is stated to be "Development of audio and video processing software", but isn't that the reason they bought MobiClip (now NERD)? Seems a bit redundant, can someone clear this up?

 

[Hero of Legend]

Left Field and Ape (paper company) I believe. SK is fully defunct no?

Left Field's dead no?

 

[Shikamaru Ninja]

No word yet, but my guess is Amiibo-related (do Nintendo have the necessary tech etc. in-house for figure design/manufacture, for example?) or to do with QoL.

They actually have a decently sized hardware engineering team that was split up into three departments. (console, handheld, weirdo accessories). They were all combined in January, and all situated in the Kyoto Development Complex Building that opened up earlier this month.

They have large Chinese and Japanese Hardware companies they work with on hardware as well.

 

[MilesTeg]

Did Nintendo always own siras.com? Seems to be some kind of cloud based company?

edit

Seems like this isn't anything new.

 

[Cosmonaut X]

Pux's purpose is stated to be "Development of audio and video processing software", but isn't that the reason they bought MobiClip (now NERD)? Seems a bit redundant, can someone clear this up?

I think wsippel has speculated that NERD may be working on engine development and cloud research/development now. Also, Pux may have capabilities or tech that NERD/Nintendo didn't, so...

They actually have a decently sized hardware engineering team that was split up into three departments. (console, handheld, weirdo accessories). They were all combined in January, and all situated in the Kyoto Development Complex Building that opened up earlier this month.

They have large Chinese and Japanese Hardware companies they work with on hardware as well.

Ah. Just wondering if snapping up a company with experience in figure design and the in-house capabilities might have been a shortcut for them, but perhaps not if they have a lot of this already on hand.

 

[Sgt.McTigerbuns]

No word yet, but my guess is Amiibo-related (do Nintendo have the necessary tech etc. in-house for figure design/manufacture, for example?) or to do with QoL.

Ahh right, thanks. It'll be interesting to see what it is.

Pux's purpose is stated to be "Development of audio and video processing software", but isn't that the reason they bought MobiClip (now NERD)? Seems a bit redundant, can someone clear this up?

Doesn't NERD do cloud stuff as well? Maybe they wanted some to focus purely on audio and video?

 

[LOCK]

So still one mystery company. Unless they entered a partnership with someone to produce amiibos, it could be for that, but something makes me doubt that.

 

[Clov]

I think wsippel has speculated that NERD may be working on engine development and cloud research/development now. Also, Pux may have capabilities or tech that NERD/Nintendo didn't, so...

Ah, makes sense. Pretty interesting if NERD's really working on stuff like that, though!

 

[mrhej]

Wait Nintendo doesn't own the majority of the Pokemon company? Couldn't someone like Sony basically buy Pokemon away from them?

 

[evil monkey]

Wait Nintendo doesn't own the majority of the Pokemon company? Couldn't someone like Sony basically buy Pokemon away from them?

No, because the two other owners Game Freak and Creatures are also partly owned by Nintendo. Nintendo owns about 54% of Game Freak and most of Creatures IIRC.

 

[starwarsfan541]

Wait Nintendo doesn't own the majority of the Pokemon company? Couldn't someone like Sony basically buy Pokemon away from them?

No, its a 3 way split with Creatures owning a third

 

[Rösti]

Pux's purpose is stated to be "Development of audio and video processing software", but isn't that the reason they bought MobiClip (now NERD)? Seems a bit redundant, can someone clear this up?

Well, I wrote "development of audio and video processing software" myself as that is the company's primarily line of business. Though the report states the following:

ソフトウェ
アエンジン
の開発及び
ライセンス
事業

Software engine and business and licensing development. Exactly what this means I don't know, it could be simply fancy way of writing the relevant software the company is developing.

 

[Storm Kyleis]

Is it normal that Nintendo UK and Nintendo Italy are absent from the list?
I'm pretty sure they have their own divisions.

 

[Daedardus]

No, because the two other owners Game Freak and Creatures are also partly owned by Nintendo. Nintendo owns about 54% of Game Freak and most of Creatures IIRC.

Gamefreak normally is completely independent. It's the perfect example of 'second party development'.

 

[Rösti]

Is it normal that Nintendo UK and Nintendo Italy are absent from the list?
I'm pretty sure they have their own divisions.

None of them were on the list last year, so I'd say it's normal they are absent.

 

[evil monkey]

Gamefreak normally is completely independent. It's the perfect example of 'second party development'.

They may operate independently but they're still tied to Nintendo unless they buy their stock back.

 

[mrhej]

No, because the two other owners Game Freak and Creatures are also partly owned by Nintendo. Nintendo owns about 54% of Game Freak and most of Creatures IIRC.

No, its a 3 way split with Creatures owning a third

Oh Ok that makes more sense then.

 

[Daedardus]

They may operate independently but they're still tied to Nintendo unless they buy their stock back.

Do you have any source for Nintendo having a stake in Gamefreak? Normally, they would be listed in this thread if that were true. I can only find a vague 53% on Wikipedia with no actual source whatsoever.

 

[Baron von Loathsome]

Is one of those still Silicon Knights?

Silicon Knights is basically dead, and Nintendo cut ties with them when they got hit with the Epic lawsuit anyway.

 

[Eolz]

Interesting list, thanks.
I'm surprised no shareholders or analysts asked Nintendo about this mystery acquisition since the announcement. Didn't Iwata said we'll know about it later though?

 

[Shikamaru Ninja]

Genius Sonority is an unlisted affiliate. Just realized they didn't list them.

 

[evil monkey]

Do you have any source for Nintendo having a stake in Gamefreak? Normally, they would be listed in this thread if that were true. I can only find a vague 53% on Wikipedia with no actual source whatsoever.

Can't remember where I read it but it wouldn't be surprising at all considering how big Pokemon is.

 

[Shard]

SO where does HAL Labs fall into line here?

 

[Orniletter]

SO where does HAL Labs fall into line here?

Name: Warp Star Co., Ltd.
Region: Tokyo
Capital (in millions): ¥10
Corporate role: Animation, IP/rights management
Ownership percentage: 50

 

[Refyref]

SO where does HAL Labs fall into line here?

HAL, along with Gamefreak, are not Nintendo subsidiaries.

 

[JB2448]

Name: Warp Star Co., Ltd.
Region: Tokyo
Capital (in millions): ¥10
Corporate role: Animation, IP/rights management
Ownership percentage: 50

That's a company that's jointly owned by Nintendo and HAL.

 

[foxuzamaki]

Silicon Knights is basically dead, and Nintendo cut ties with them when they got hit with the Epic lawsuit anyway.

God, what was Dyack thinking not just continuing development for nintendo, he would atleast would have had the safety of a future.

 

[Orniletter]

That's a company that's jointly owned by Nintendo and HAL.

Oops, you are correct !

 

[Baron von Loathsome]

God, what was Dyack thinking not just continuing development for nintendo, he would atleast would have had the safety of a future.

I thought it was just that Nintendo didn't want to feel the repercussions of the lawsuit.

 

[Ryce]

Hopefully more people will realize that Nintendo doesn't own HAL Laboratory or Intelligent Systems.

 

[Sgt.McTigerbuns]

I thought it was just that Nintendo didn't want to feel the repercussions of the lawsuit.

Silicon walked from Nintendo in the gamecube era, I thought? Nintendo had a share but not majority?

 

[Hero of Legend]

Nintendo also had shares in Hudson no?

At least they have them as ND Cube, JUST MAKE A NON-PARTY GAME ALREADY!

 

[Cosmonaut X]

Silicon walked from Nintendo in the gamecube era, I thought? Nintendo had a share but not majority?

Silicon Knights split from them as we went into the 360/PS3/Wii gen. I'm sure there are quotes out there, but the gist of it was the SK felt that that Nintendo were heading in a different direction from where they wanted to go, in terms of tech and game design. I think the situation with Factor 5 was similar.

It all came as part of a wider split with Western studios which seemed to be at least part financial/tactical, and part ideological. It's hard not to feel that both sides - Nintendo and F5/SK/etc. - would have been better off together, but that's with the benefit of years of hindsight, and in SK's particular case, given the way upper management seems to have carried on business, I suspect Nintendo were probably well rid.

 

[Jaded Alyx]

No, because the two other owners Game Freak and Creatures are also partly owned by Nintendo. Nintendo owns about 54% of Game Freak and most of Creatures IIRC.

No, this is false. Wikipedia is incorrect.

 

[JB2448]

Hopefully more people will realize that Nintendo doesn't own HAL Laboratory or Intelligent Systems.

Or Creatures Inc. and GAME FREAK inc., for that matter.

Nintendo also had shares in Hudson no?

At least they have them as ND Cube, JUST MAKE A NON-PARTY GAME ALREADY!

I wish Nintendo were somehow able to get ND Cube to develop a Bomberman game. Does Konami even realize it owns the IP?

 

[Baron von Loathsome]

nvm

 

[Cosmonaut X]

I wish Nintendo were somehow able to get ND Cube to develop a Bomberman game. Does Konami even realize it owns the IP?

"Bomber-what? Is he one of the bosses in Metal Gear? That reminds me, what have we got scheduled on the Metal Gear front?"

 

[SpacePirate Ridley]

Name: Nintendo Iberica, S.A.
Region: Spain
Capital (in thousands): €3,000
Corporate role: Sales/marketing
Ownership percentage: 100

Lol, getting the ugly part of the european stick I see.

Or Creatures Inc. and GAME FREAK inc., for that matter.

And have this type of people endlessly ask and make threads when can this studios work with sony and microsoft? I prefer they still think they are owned even if its a lie lol