Shuntaro Furukawa, Nintendo’s president, stated in a news statement that the business had purchased the land directly across from Nintendo’s headquarters in Kyoto, Japan, for $40 million.
The land was purchased and used by Nintendo for more resources and development, with an estimated completion date of December 2027.
What we know about the aquired land;
- 5,000,000,000 Yen is the price.
- Hokotate-cho, Kamitoba, Minami-ku, Kyoto, Japan (11-2-5 Hokotate-cho, Kamitoba, Minami-ku, Kyoto, Japan)
- The total area of the site is 10,028.55m2. 5,000,000,000 Yen is the bidding price.
- Building No. 2 of the Corporate Headquarters Development Center (tentative name)
- The facility’s goal is to strengthen R&D.
- Approximately 38,000m2 of floor space
- December 2027 is the projected completion date.
- The use of the land is as follows: Nintendo thinks that, in addition to R&D and capital investments, owning and exploiting this site will play a key role in supporting its R&D.
