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[Lunatic_Gamer]

Saudi Arabia's sovereign wealth fund is considering increasing its 8.58 percent stake in Nintendo.

That’s according to a new interview, in which the firm discussed the Saudi Arabia Public Investment Fund’s plans for growth.

Prince Faisal bin Bandar bin Sultan Al-Saud, the group’s vice chair said in an interview with Kyodo News that “there are always opportunities” for further investment.

“It’s important to keep the communication going so you get there in the right way,” he said. “We don’t want to rush into anything.”

The PIF is involved in sports, theme parks, film, video games, and other entertainment mediums. The PIF was one of the main bodies behind the Esports World Cup which took place in Saudi Arabia earlier this year.

The fund first acquired a 5.01% stake in Nintendo in May 2022. As of 2024, the fund owns 8.58% of Nintendo.

The fund - which also has stakes in Capcom, Nexon, Take Two Interactive and Activision Blizzard - is currently transferring its shares in these gaming companies to its Savvy Games Group subsidiary.

Nintendo has previously claimed that when the PIF bought its initial stake in the company, it was unaware of the transaction and first learned about the Saudi investment from news reports.

Saudi Arabia is considering larger stake in Japanese developers | VGC

UPDATE: Savvy Games Group considering “possibility” of further investment in region…

www.videogameschronicle.com

Mod edit: Duplicate thread. The original can be found here.

 

[Digital-Aftertaste]

To a more educated person that I does nintendo have phantom shares in place or golden shares? Surely they have something that would stop a shareholder coup

 

[Nankatsu]

Mario about to get 72 Peaches in Heaven waiting for him.

 

[digital_ghost]

Well time for a mario name change.

Its a me Aladdin o.

 

[chromhound]

Well time for a mario name change.

Its a me Aladdin o.

Wart

 

[lughnasadh123]

Really trying to get ahead of the competition.

 

[Judge Magister]

 

[MrTroubleMaker]

 

[Deerock71]

Nintendo's in an even stronger position than when they laughed Microsoft out of the building.

 

[NanaMiku]

This is the different prince who own SNK, right? Didn't expect another weeb prince from Arab.

 

[Danny Dudekisser]

Speaking from firsthand experience, I really, really do not like all the middle east investment in gaming right now.

 

[Hugare]

Japanese government is very protective about its companies, more than any other nation in the world. And Nintendo is their national treasure.

So no amount of saudi money would be enough to compromise Nintendo.

 

[HL3.exe]

Speaking from firsthand experience, I really, really do not like all the middle east investment in gaming right now.

Same. Same goes for China.

Liberal countries (where videogames mostly originated from and shaped the market) have the upper hand in creating works that are built around freedom of ideas and critical thought and expression, hence 'Liberal-arts'. Which is slightly harder when outside investments are from countries that are totalitarian in nature. Big yikes dawg.

 

[Lambogenie]

Love it, personally. Middle East and China both, wishing them success.

 

[nkarafo]

And inject some backwards, dark ages ideals while they are at it?

 

[Heisenberg007]

The Al-Mario dream inches closer to reality!

 

[CompleteGlobalSaturation]

Same. Same goes for China.

Liberal countries (where videogames mostly originated from and shaped the market) have the upper hand in creating works that are built around freedom of ideas and critical thought and expression, hence 'Liberal-arts'. Which is slightly harder when outside investments are from countries that are totalitarian in nature. Big yikes dawg.

If this means less LGBTQ activism in our games then I'm all for it.

Modern day titles are not build with critical thought.

 

[SweetTooth]

Its simply pure business, they increase shares then sell some. Won't be affecting Nintendo decision making in anyway. I think Saudi PIF current share of Nintendo is 8% only

 

[FunkMiller]

If this means less LGBTQ activism in our games then I'm all for it.

Modern day titles are not build with critical thought.

Yes, yes. Much better that the backward, journalist murdering, religious fucking nutcases are in charge. Then you'll get some great games!

Seriously, some people's moral compasses are fucked

 

[Schmendrick]

 

[gerth666]

Princess peach in a burka

 

[Mister Wolf]

Yes, yes. Much better that the backward, journalist murdering, religious fucking nutcases are in charge. Then you'll get some great games!

Seriously, some people's moral compasses are fucked

SNK is owned buy the Saudis and City Of The Wolves looks great. Mai is the same sexy ninja character she has always been. Same for B. Jenet. It's almost as if the Saudis are smart enough not to fuck up the money by forcing their ideologies into the product.

 

[CompleteGlobalSaturation]

Yes, yes. Much better that the backward, journalist murdering, religious fucking nutcases are in charge. Then you'll get some great games!

Seriously, some people's moral compasses are fucked

I agree those things are wrong. People should vote with their wallets ultimately especially if a company has questionable ideals.

 

[NanaMiku]

Don't worry, SNK is now owned by Saudi too and there is no problem with fanservice

 

[Mister Wolf]

Don't worry, SNK is now owned by Saudi too and there is no problem with fanservice

 

[GymWolf]

Can't wait to play super mario haram.

 

[HL3.exe]

If this means less LGBTQ activism in our games then I'm all for it.

Modern day titles are not build with critical thought.

You should move to one of those counties then. Probably be a great fit

 

[Bernoulli]

Yes, yes. Much better that the backward, journalist murdering, religious fucking nutcases are in charge. Then you'll get some great games!

Seriously, some people's moral compasses are fucked

the US is not in charge

 

[Killer8]

Globalization was a mistake.

 

[PeteBull]

Can't wait to play super mario haram.

 

[GymWolf]

Really trying to get behead of the competition.

Ftfy

 

[lughnasadh123]

Ftfy

 

[SHA]

Saudi Arabia's sovereign wealth fund is considering increasing its 8.58 percent stake in Nintendo.

That’s according to a new interview, in which the firm discussed the Saudi Arabia Public Investment Fund’s plans for growth.

Prince Faisal bin Bandar bin Sultan Al-Saud, the group’s vice chair said in an interview with Kyodo News that “there are always opportunities” for further investment.

“It’s important to keep the communication going so you get there in the right way,” he said. “We don’t want to rush into anything.”

The PIF is involved in sports, theme parks, film, video games, and other entertainment mediums. The PIF was one of the main bodies behind the Esports World Cup which took place in Saudi Arabia earlier this year.

The fund first acquired a 5.01% stake in Nintendo in May 2022. As of 2024, the fund owns 8.58% of Nintendo.

The fund - which also has stakes in Capcom, Nexon, Take Two Interactive and Activision Blizzard - is currently transferring its shares in these gaming companies to its Savvy Games Group subsidiary.

Nintendo has previously claimed that when the PIF bought its initial stake in the company, it was unaware of the transaction and first learned about the Saudi investment from news reports.

Saudi Arabia is considering larger stake in Japanese developers | VGC

UPDATE: Savvy Games Group considering “possibility” of further investment in region…

www.videogameschronicle.com

 

[HL3.exe]

I agree those things are wrong. People should vote with their wallets ultimately especially if a company has questionable ideals.

You know where this is possible? Quick hint: In liberal countries that build their output around capitalistic models. Where financial trends dictate consumer needs. Not some backwards totalitarian regime dictating backwards ass beliefs.