exactly they are strict on businessLook at what they did to Rare. They ain't stupid.
Also, whats up with people thinking buying from Japan is easy by just throwing money at them? They have laws there, stop dreaming.
you know what is scary ???Seeing how badly they fucked up Rare & Don Matrix's entire run, I'm really glad Nintendo turned them down.
Of course they wouldn't, but you always see weird threads like this.As the rules are right now, the japanese government would not allow it.
It's called a hostile takeover, when you try to buy a majority stake out of the stock market.
I'll save you some time and just tell you in short: It's not gonna happen.
Sure, if the pattern holds, but then the one after that will be even wackier than the Switch or Wii, and even more successful.Nintendo's next hardware will be a flop.
That's a pretty broad brush. I agree that they still would have turned them down (and even today would continue to), but for business reasons rather than ones of honor. Nintendo has to know that, long-term, they'll make more money and be more secure if they stay in control.All about honor and tradition in Asia. Microsoft probably would have offered twice of Nintendo capital and they would have still refused.
BOB MCBREEN: (head of business development) The first company we reached out to buy was EA. They said, “No, thanks,” and then Nintendo.
BACHUS: Steve [Ballmer, former Microsoft CEO] made us go meet with Nintendo to see if they would consider being acquired. They just laughed their asses off. Like, imagine an hour of somebody just laughing at you. That was kind of how that meeting went.
We all know how that ended up for Rare, imagine the damage they would have made to the industry if Nintendo, Square, Konami or even EA would have accepted?... well maybe killing off EA would have been a net benefit.So! Mario on Xbox? Zelda on Xbox 360? Kirby on Xbox One? And, imagine this: Metroid on Xbox Series X? What might have been, indeed.
Here is an intetesting quote:Even harder for foreigners to buy Japanese companies now, thanks to these new regulations....
The law came into force on Friday with full implementation set to begin on June 7 after a 30-day transition period.www.japantimes.co.jp
As you can see, Toyota and Sony and several others are considered CORE companies that are completely protected from takeovers.
Nintendo and others are non-core but still have significant protection.
It's even harder if you want to buy more than 10%, needs government approval and is highly regulated and limited.
"While foreign activists may regard the amendment as an additional burden to their investment process, we do not believe the amendment itself will halt such investors from engaging with Japanese companies," the report said.
“This is in line with what the governments around the world are doing,” said Justin Tang, head of Asian research at United First Partners. “This is largely to prevent predatory and opportunistic acquisitions at a time when companies are weakened due to the one-off effects of COVID-19"