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Mergers and Acquisitions Being Considered by Nintendo, Says Iwata
It has been a rather eventful news week for Nintendo, with talk of licensing its characters to outside partners and discussion of revamping Nintendo Network IDs in the form of a unified account system. Still, the question remains – what are Nintendo’s plans for the future? President Satoru Iwata may have the answer.
In lieu of facing a major pay cut due to this past year’s financial struggles, Iwata has informed Japanese Outlet The Nikkei that Nintendo is not ruling out the possibility of aligning with another company, stating “We should abandon old assumptions about our businesses. We are considering M&As as an option. For this reason, we’ll step up share buybacks.”
Nintendo recently made a $1.2 billion stock buyback, causing shares to rise by 8.2 percent.
When asked about Nintendo’s listing on the stock index, Iwata claimed that a quarterly system does not work well for Nintendo, stating “We don’t know in advance how much of a hit a product can be.” Still, he did admit that the stock market has been responsible for allowing Nintendo to reach its current state.
But it is thanks to the stock market that Nintendo has grown to what it is today. I don’t want to turn to a management buyout just because we are inconvenienced now.
Merge with Sega already 
