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Nintendo: To support its growth, the company is investing in construction!

Business news Nintendo: To support its growth, the company is investing in construction!

You may have heard of it, but Nintendo’s first headquarters, opened in 1889, has recently been restored and converted into a luxury hotel. The builder has long since moved to another building in Kyoto, has had a second building built, but is now limited.

Of more than 6500 employees all over the world Nintendo is a big company, it is clearly far removed from the giants Sony and Microsoft, but the Japanese company headed by Shuntaro Furukawa devotes all its activities to video games and what follows from it.

Nintendo: To support its growth, the company is investing in construction!

Five years after the release of the Switch, which took a long period of research and development, the company will strengthen the sector by constructing a brand new building † Very recently, Nintendo announced that it… the purchase of new land, located right next to the current head office and another building dedicated to development, opened in 2014. In response to a tender from the municipality, the publisher/developers 36.6 million euros paid outand offered himself a building space from 10,028 m²formerly occupied by a natural risk management center and factory.

In addition to the classic R&D investments and capital investments, we positioned the location to be acquired and this time used it as an important role in strengthening R&D.

Nintendo: To support its growth, the company is investing in construction!

This new building, of which delivery is expected in December 2027will be 72 meters and high, will consist of 12 floors, and will allow Nintendo to surface of 38,000 m² Additionally. His function? Supporting new research and development efforts for the coming decades. This purchase and this ad correspond to the intentions formulated by the CEO of the company during the last call to investors.

He had expressed his wish to promote the expansion of internal development; in the coming years, and invest more than $880 million by the end of fiscal year 2027 to achieve this. Let’s conclude by recalling that fiscal year 2021-2022 ended on March 31, and Nintendo will announce its financial results shortly. A great way to take stock of Nintendo Switch sales, games and ambitions for fiscal year 2022-2023.


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