business news Nintendo: To support its growth, the company is investing in construction!
You may have heard about it, but Nintendo’s first headquarters, which opened in 1889, has recently been restored and converted into a luxury hotel. The client has long since moved to other premises in Kyoto, had a second building built, but is now cramped there.
With more than 6500 employees All over the world, Nintendo is a big company, it is obviously very far from the giants Sony and Microsoft, but the Japanese company, headed by Shuntaro Furukawa, dedicates its entire activities to video games and their sequels.
Five years after the release of the Switch, which required a long period of research and development, The company will strengthen the sector by constructing a brand new building ! Only recently Nintendo announced that this was the case the acquisition of a new piece of land right next to the current headquarters and another building dedicated to development, opened in 2014. In response to an RFP from the community, publisher/developers 36.6 million euros paid outand offered a building area of 10,028 sqmformerly occupied by a natural hazard management center and factory.
In addition to the classic R&D investments and capital investments, we have positioned the site to be acquired and used this time with an important role in strengthening R&D.
This new building, of it Delivery expected in December 2027will be 72 meters high, consist of 12 floors and will allow Nintendo to create a Area of 38,000 m² additionally. Its function? Support 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 investor call.
He had declared his wish to do so promote the expansion of internal development in the coming years and Invest more than $880 million by the end of fiscal 2027 to achieve that. Finally, let us recall that the 2021-2022 fiscal year ended on March 31 and that Nintendo will announce its financial results shortly. A great way to take stock of Nintendo Switch sales, games and ambition for fiscal year 2022-2023.
Of MalloDelicJournalist jeuxvideo.com