(Added comments on domestic sales and M&A)
[TOKYO (Reuters)]- Nintendo president Shuntaro Furukawa said on the 9th that he has no plans to raise the price of the home game console “Nintendo Switch” at the moment. It is true that the yen has continued to depreciate in recent years, and we will continue to consider the situation carefully while monitoring the situation closely.” He spoke at the financial results briefing and management policy briefing for the second quarter of the financial year ending 31 March 2023.
Regarding switch hardware sales for the Japanese domestic market, he said, “If the weak yen continues for a long time, profitability will be serious. In general, we have to consider different things.”
Regarding its strategy for M&A (corporate acquisitions and mergers), the company said, “While we do not deny using Nintendo, we will prioritize expanding the size of our organization organically so that Nintendo’s manufacturing culture can be fully communicated.” rice field
In July 2010, the company announced that it would make Dynamo Pictures, which handles video content such as CG animation, a wholly owned subsidiary, which changed its name to Nintendo Pictures Co, Ltd in October.
(Mayu Sakota Editing by Shiho Tanaka)
