To establish Nintendo x DeNA's joint venture Nintendo Systems -The purpose is to strengthen Nintendo's digitalization

Nintendo has announced that the joint venture with Dena (Dena) will be established on April 3, 2023.

Nintendo Systems will be established to enhance the digitization of Nintendo's business, and to create research and development and value-added creation to further deepen the relationship with users.

Nintendo is aiming to maintain and expand its relationship with users centered on Nintendo accounts, and as part of that, he concluded his business and capital tie-up with Dena in 2015. I was working on the development and operation of a new core system.

With the establishment of the Nintendo Systems, it will be strengthened based on the accumulation of the know-how of the two companies for more than seven years and the experience of various services based on the Nintendo account.

◆ Overview of joint venture (specified subsidiary)

  1. Name: Nintendo Systems Co., Ltd.

  2. Location: Tokyo

  3. Representative's position / name: Betsy Safari

  4. Business content: Research and development and operation and added value creation for the purpose of digitizing the business of Nintendo

  5. Capital: 5 billion yen

  6. Date of establishment: April 3, 2023 (planned)

  7. Financial period: March

  8. Investment ratio ・ Nintendo Co., Ltd.: 80 % ・ Dee N's A: 20 %

  9. Relationship between the listed company and the company Capital relationship: We will be a subsidiary that we will invest 80 %. Human relationship: We plan to serve as a director of the company as a director of the company. ・ Transactions: We plan to outsource development and operation to the company for the purpose of digitizing our business. (Note) The establishment of this joint venture is assumed that the license under the competitive law of each country and the acquisition of the license required to execute the establishment of other Hoagie valve companies.

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