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[Tams]

Their unprovoked war in Yemen which has resulted in the loss of life of millions.
Their continued treatment of women as property.
The execution of gay people.

but no... JK Rowling is the most important issue. I hope Hogwarts Legacy sells 50 million copies just to knock these egomaniacs down a few pegs.

Saudi Arabia are a scummy country that have done and do some utterly horrible things, but do remember that Yemen is in a civil war and the Saudis are on the side of the democratically elected Yemeni government.

I'll leave it at that, as I fear that's going too off topic.

 

[Rat Rage]

Just despicable. With every % Saudi Arabia buys in Nintendo, Nintendo loses the same amount of the gaming public's respect.

 

[cinnamonandgravy]

Unfeathered capitalism doesn’t care about blood money. Honestly what can you do as a consumer? It does suck.

think you mean "unfettered".

 

[FBeeEye]

Good. I hope this adds sufficient pressure to keep Western BS out of games.

 

[Elder Legend]

I'm no expert, when I owned Nintendo stocks it was via non traditional method (ADR's).

% listed doesn't necessarily tell the whole picture, they could have all of it listed but still own most of the stocks so they would be at zero chance of a takeover. In fact they embarked on quite a heavy buy back a while back I think.

I don't know how it works in Japan but in many countries you can keep buying until you hit a certain limit, at which point you need to propose a buy out / takeover. Again I'm no expert in this field.

At the point of attempting a buy out you'd be subject to whatever sort of laws they have in place in Japan. Generally in Japan the government are going to make it hard for foreign entities - much less foreign governments - to take over.

Anyway there's no real threat here. The Saudi's are dirty fucks that want to make money. Contrast that with the Chinese, who are dirty fucks that also want to make money, but are really here to gain leverage in other ways that are actually worth worrying about.

The amount of blantant racism in this post is quite insane. You could of just said the X or Y are greedy without adding any extra words to the nationalities/nation.

 

[Red Crayon Aristocrat]

Ok, so this Mario rules over the Mushroom Kingdom with his wife Princess Peach, well how do you think he achieved this? Through Jihad!

 

[rnlval]

Unfeathered capitalism doesn’t care about blood money. Honestly what can you do as a consumer? It does suck.

Saudi Arabia's Public Investment Fund (PIF) is state-owned.

 

[rnlval]

Why? Is it only the US allowed to make profits?

That's a red herring. Define "US" i.e. specify the actual legal entity instead of the generalized "US".

Saudi Arabia's Public Investment Fund (PIF) is state-owned.

 

[belmarduk]

Saudi Arabia are a scummy country that have done and do some utterly horrible things, but do remember that Yemen is in a civil war and the Saudis are on the side of the democratically elected Yemeni government.

I'll leave it at that, as I fear that's going too off topic.

Elections are usually better when there is more than one candidate.

You’re right that we should stop talking about this, though.

 

[Party McHardy]

They can easily use solar power. What with the amount of sun and open land it's an easy option

You would think so but they’ve been pretty slow with solar adoption despite being the sunniest place on earth. Plus you can’t export solar energy like you can barrels of crude.

 

[jigglet]

The amount of blantant racism in this post is quite insane. You could of just said the X or Y are greedy without adding any extra words to the nationalities/nation.

lol except that I'm actually Chinese.

I'm clearly referring to the governments, not the people.

And if you interpreted that as me referring to the people, I'd say that's more of a reflection of yourself than me.

And guess what - not all Asian people are from China and support the Chinese government. To assume so would be raci....never seen an Asian person outside of China before?

This is how China (the GOVERNMENT) gets away with so much shit. They do something bad, people call it out, they play the racism card, and people like you who don't even know what racism is back down and self-censor.

 

[Elder Legend]

lol except that I'm actually Chinese.

I'm clearly referring to the governments, not the people.

And if you interpreted that as me referring to the people, I'd say that's more of a reflection of yourself than me.

And guess what - not all Asian people are from China and support the Chinese government. To assume so would be raci....never seen an Asian person outside of China before?

This is how China (the GOVERNMENT) gets away with so much shit. They do something bad, people call it out, they play the racism card, and people like you who don't even know what racism is back down and self-censor.

Not really my guy. It can easily be interpreted that you are talking about the people. If you are speaking specifically about the government then you have to state so. You have to remeber your on public interent soace and everyone interpets things differently. Don't even try to get out of it now that you got called out on your stupid racist wording.

You saying you are Chinese is as good of an excuse as someone who said the N word and then they tell you they have black friends. Not a good look.

I an Russian and if someone said fucking Russians it would he a bad look for them too. Not every Russian is bad. Now if they said the fucking Russian government then that's fine.

 

[jigglet]

Not really my guy. It can easily be interpreted that you are talking about the people. If you are speaking specifically about the government then you have to state so. You have to remeber your on public interent soace and everyone interpets things differently. Don't even try to get out of it now that you got called out on your stupid racist wording.

You saying you are Chinese is as good of an excuse as someone who said the N word and then they tell you they have black friends. Not a good look.

I an Russian and if someone said fucking Russians it would he a bad look for them too. Not every Russian is bad. Now if they said the fucking Russian government then that's fine.

We're in a thread talking about the Saudi sovereign fund. Of course this is all about the government. The context has been set by the OP.

 

[Dr. Claus]

Just despicable. With every % Saudi Arabia buys in Nintendo, Nintendo loses the same amount of the gaming public's respect.

Nope. I guarantee you that 99.9% of gamers don't know or give a rat's ass about this.

 

[tusharngf]

Their unprovoked war in Yemen which has resulted in the loss of life of millions.
Their continued treatment of women as property.
The execution of gay people.

but no... JK Rowling is the most important issue. I hope Hogwarts Legacy sells 50 million copies just to knock these egomaniacs down a few pegs.

MBS is a scumbag no doubt. Its bloodmoney and they are investing in nintendo. Its a shame that nintendo is taking money from a bloody regime.

 

[Rhazer Fusion]

First WWE buyout rumors? Now interest in Nintendo? I have my doubts they’ll buy Nintendo, but if they are actually interested in a professional wrestling company, I guess a major video game company wouldn’t be that far fetched.

 

[Tams]

MBS is a scumbag no doubt. Its bloodmoney and they are investing in nintendo. Its a shame that nintendo is taking money from a bloody regime.

As a publicly traded company, they have no say in the matter unless they unlist themselves and buy back all their shares, and while they have a lot of money at hand, it would eat up all of it (if they even could afford to). It would also be a terrible business move.

Only governments can prevent share purchases like this, and that's after regulators get involved and likely court action.

This isn't Nintendo taking angel investor money like a start-up.

 

[THE DUCK]

If Nintendo only has a valuation of 50 billion, why didn't ms buy them instead of Activision?

 

[SeasonedInTheAbyss]

Well they need to divest as their oil becomes less valuable. Their cartel can only hold out for so much longer

 

[BootsLoader]

by what statistic?

is it really that big? not according to this nintendo isnt that big

from Fortune's Global 500 list


Here is the list of the biggest companies of Japan in 2022:

Rank	Company	Fortune Global 500 Rank	Revenue ($M)	Headquarters
1	Toyota Motor	13	279338	Toyota City
2	Mitsubishi	41	153690	Tokyo
3	Honda Motor	61	129547	Tokyo
4	Itochu	78	109434	Osaka
5	Nippon Telegraph & Telephone	83	108216	Tokyo
6	Mitsui	88	104665	Tokyo
7	Japan Post Holdings	94	100278	Tokyo
8	Hitachi	113	91375	Tokyo
9	Sony	116	88321	Tokyo
10	ENEOS Holdings	140	80133	Tokyo
11	Seven & I Holdings	147	78458	Tokyo
12	AEON	148	78155	Chiba
13	Marubeni	157	75743	Tokyo
14	Nissan Motor	161	74995	Yokohama
15	Nippon Life Insurance	164	74392	Osaka
16	Dai-ichi Life Holdings	167	73082	Tokyo
17	Toyota Tsusho	172	71465	Nagoya
18	Panasonic	193	65774	Osaka
19	Nippon Steel Corporation	214	60612	Tokyo
20	SoftBank Group	234	55384	Tokyo
21	Mitsubishi UFJ Financial Group	240	54087	Tokyo
22	Idemitsu Kosan	250	52336	Tokyo
23	Tokio Marine Holdings	253	52199	Tokyo
24	Denso	278	49099	Kariya
25	Sumitomo	279	48916	Tokyo
26	KDDI	281	48486	Tokyo
27	Tokyo Electric Power	290	47269	Tokyo
28	MS&AD Insurance Group Holdings	309	45685	Tokyo
29	Mitsubishi Electric	351	39852	Tokyo
30	Daiwa House Industry	354	39520	Osaka
31	JFE Holdings	358	38858	Tokyo
32	Meiji Yasuda Life Insurance	377	37516	Tokyo
33	Sompo Holdings	383	37099	Tokyo
34	Sumitomo Mitsui Financial Group	388	36597	Tokyo
35	Mitsubishi Chemical Holdings	401	35403	Tokyo
36	Mizuho Financial Group	404	35279	Tokyo
37	Aisin	409	34873	Kariya
38	Mitsubishi Heavy Industries	418	34364	Tokyo
39	Sumitomo Life Insurance	442	32042	Osaka
40	Canon	444	32005	Tokyo
41	Fujitsu	446	31930	Tokyo
42	Takeda Pharmaceutical	448	31771	Tokyo
43	Suzuki Motor	449	31765	Hamamatsu
44	Sumitomo Electric Industries	476	29980	Osaka
45	Toshiba	480	29705	Tokyo
46	Bridgestone	484	29570	Tokyo
47	Medipal Holdings	489	29296	Tokyo

Where Nintendo?

 

[Tams]

If Nintendo only has a valuation of 50 billion, why didn't ms buy them instead of Activision?

Because the Japanese government wouldn't allow it unless Nintendo were on the verge of bankruptcy and no other hope was in sight (like what happened to Sharp). And even then, they'd push for another Japanese company to step in.

The other shareholders would also need to agree to it, many of whom are Japanese and not be a fan of that at all.

Not to mention that would absolutely set off pretty much every regulator in the world.

 

[THE DUCK]

Because the Japanese government wouldn't allow it unless Nintendo were on the verge of bankruptcy and no other hope was in sight (like what happened to Sharp). And even then, they'd push for another Japanese company to step in.

The other shareholders would also need to agree to it, many of whom are Japanese and not be a fan of that at all.

Not to mention that would absolutely set off pretty much every regulator in the world.

They should have secretly bought 5 other Japanese companies and secretly bought stock for years.......lol

 

[Tams]

They should have secretly bought 5 other Japanese companies and secretly bought stock for years.......lol

Your joke doesn't work because:

a) governments keep track of that sort of thing as it is a national security risk
b) governments can retroactively cancel any such purchases, either demanding the deals be reversed, or if they think it worth the fallout, simply just remove ownership rights

 

[AMSCD]

That was just a list of very basic concepts. Things everyone should be aware of.

If that's too much for you, then you really need to get yourself back into education.

Why are you so grumpy?

 

[Tams]

Why are you so grumpy?

Life.

 

[AMSCD]

Life.

That's unfortunate, hope things improve for you. But there's no need to take it out on the NeoGaf members. People come here to have fun and talk about their hobby

 

[SlimeGooGoo]

.

 

[IbizaPocholo]

Saudi Arabia's Stake In Nintendo Now Up To 7%

It had risen to 6% last month.

www.dualshockers.com

As reported by GamesIndustry.biz, which acquired the information from BRHM and Trading View, the Saudi Arabia Public Investment Fund has increased its stake in Nintendo yet again, now raising its ownership to 7.08% by investing more money into the Japanese console manufacturer.

 

[Barlow]

https://www.middle-east-online.com/en/saudi-sovereign-wealth-fund-now-holds-826-nintendo-stock
Up to 8.26%

 

[OceanGaming]

https://www.middle-east-online.com/en/saudi-sovereign-wealth-fund-now-holds-826-nintendo-stock
Up to 8.26%

Will be over 10% soon

 

[lh032]

https://www.middle-east-online.com/en/saudi-sovereign-wealth-fund-now-holds-826-nintendo-stock
Up to 8.26%

Saudi: We hereby announced we co-own Nintendo, moving forward english sub and dub will be removed and main dub and sub will be Arab for all Nintendo 1st party game.

 

[Sentenza]

What is saudi government interest on this matter?

Shockingly enough, making money.

___________

Do you think a certain crowd will start boycotting every single Nintendo game from now on?

Spoiler: MAYBE?

Of course not, because fuck coherence and consistency.

 

[Amiga]

A possible reason for this is re-investing money gained from Japanese purchase of oil instead of just taking currency out of Japan and stocking them. Nintendo is probably the safest long term Japanese gaming asset, and could result in new opportunities presenting themselves.

 

[zizou6971]

They increased their share to 8%

 

[OZ9000]

Shockingly enough, making money.

___________

Do you think a certain crowd will start boycotting every single Nintendo game from now on?

Spoiler: MAYBE?

Of course not, because fuck coherence and consistency.

Hypocrisy is everywhere.

 

[Labadal]

They also increased their stakes in EA and Take Two.

 

[Sentenza]

Hypocrisy is everywhere.

I was mostly being facetious.
You don't even need to involve Saudi Arabia to highlight the hypocrisy of the current scenario.

Chances are even before Arabs got in the picture, most of these Nintendo darlings that the internet loves and cherish were made under the direction of some old conservative Japanese dude that thinks every single transexual is a freak and an affront to Nature itself.
But no, let's evoke mass boycotts at expenses of fucking JK Rowling for failing a purity test.

 

[tomato shrub]

Reserving judgement until I know how much MBS likes the Gamecube.

Shockingly enough, making money.

___________

Do you think a certain crowd will start boycotting every single Nintendo game from now on?

Spoiler: MAYBE?

Of course not, because fuck coherence and consistency.

Easy enough to shit on a single game for Twitter karma and applaud the destruction of its fans. But going after whole collections of Fire Emblem plushies and Nintendo ROMs they've already paid five times for? Now that's taking slacktivism a bit too far, clearly. Ignoring the fact that this supposed Harry Potter "genocide" has yet to be proven, while it's very much in the open that the Saudi government literally kills people they don't like.

 

[Hosam6xavi]

We're now the largest outside shareholder of Nintendo

Good stuff

 

[JC 1080P CRT]

while it's very much in the open that the Saudi government literally kills people they don't like.

And you could argue by any objective measure that they are magnitudes more oppressive and harmful toward LGBT people, which is the (ostensible) reason why the boycotters were trying/failing to go after HL. Right?

 

[Dr. Claus]

And it continues to be a non issue. Y’all are acting like the very people we were rightfully mocking in another thread.

 

[Dirk Benedict]

Meh. Nintendo is like a national treasure for Japan. Saudi's cannot exceed a certain amount and won't. This isn't a big deal, at all.

 

[Dr. Claus]

Meh. Nintendo is like a national treasure for Japan. Saudi's cannot exceed a certain amount and won't. This isn't a big deal, at all.

Yep. Nintendo continues to have a stranglehold on their own licenses and how they make their games. That is not going away any time soon.