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Nintendo acquires last shares of Monolith Soft

Nintendo Completes Acquisition of Remaining Shares in Monolith Soft

By on December 12, 2024 0 16 Views

The company initially sold 80% of the studio’s shares in 2007

Photo attribution: Monolith Soft

Nintendo has officially acquired the remaining shares of Monolith Soft, having previously held 96% of the studio’s stock.

According to Automaton, the company profile on the developer’s website now indicates that Nintendo possesses all 2,400 shares of the studio.

There is currently no information on when this acquisition occurred. However, as noted by VGC, archived sites confirmed that Nintendo held 2,320 shares as of October 1, 2024, but by November 21, this had changed to all 2,400 shares.

The co-founders of Monolith Soft, Hirohide Sugiura, Tetsuya Takahashi, and Yasuyuki Honne, previously owned 4% of the developer’s stock.

Back in 2007, Nintendo acquired 80% of Monolith Soft’s shares from Bandai Namco.

Besides developing the Xenoblade Chronicles, Monolith Soft has provided support for various Nintendo titles including The L

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