Shuntaro Furukawa: Future acquisitions are driven by tech innovation

Shuntaro Furukawa: Future acquisitions are driven by tech innovation

Nintendo president Shuntaro Furukawa talked to investors and analysts about future acquisitions that the company could make in the future.

Reason this has come up is because Microsoft recently purchased game studio Bethesda and Sony has acquired a stake in Discord.

What is Nintendo going to do in  the future?

Mr. Furukawa says that the company is only looking to invest in companies which they believe possess the technology for technological innovation.

We need to secure cash reserves to ensure financial stability, but if we need to respond to rapidly advancing technological innovation, we may acquire companies that possess the technology

Ok so that means expanding on a tech level, so Nintendo does not seem that keen on acquiring other game developers. And quite frankly I can’t fault them for that; the Nintendo Switch is still selling like hot cakes so why would they?