• Nintendo Will Reportedly Use Almost $900 Million To Fund Development For Its Games

    1 month ago - By Gaming Bolt

    In a recent earnings report, Nintendo president Shuntaro Furukawa has revealed that the company would be putting in a lofty $900 million fund into expanding its game development division. As reported by VGC , the Japanese gaming giant will also pour in similar amounts into its online services and other facets.
    The Nintendo Switch has been a major success for the company, so much so that it has exceeded expectations. Furukawa said that a total of $880 million will go into expanding the company's development division (presumably, most likely without any acquisitions), and $440 million will...
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  • Nintendo Plans to Invest Up to $881 Million to Expand Game Development

    Nintendo Plans to Invest Up to $881 Million to Expand Game Development

    1 month ago - By VG Chartz

    The president of Nintendo Shuntaro Furukawa in the policy briefing for the earnings report revealed Nintendo plans to invest up to 100 billion yen to "expand its game software development frameworks inside the Nintendo group."
    Nintendo also plants to invest up to 50 billion yen in non-game entertainment and up to 300 billion yen in a foundation for maintaining and expanding relationships with consumers.
    "As a company that brings smiles through entertainment, Nintendo's goal has always been to create original entertainment," said Furukawa. "In a business with extreme fluctuations like the...
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  • Nintendo Switch Online has Over 32 Million Paid Members

    Nintendo Switch Online has Over 32 Million Paid Members

    1 month ago - By VG Chartz

    Nintendo this week announced s hipments figures for the Nintendo Switch reached 92.87 million units as of September 30, 2021.
    The president of Nintendo Shuntaro Furukawa in the policy briefing for the earnings report revealed Nintendo Switch Online now has over 32 million paid members as of September.
    "The number of members who are subscribed to Nintendo switch Online, a service for Nintendo Switch users, is increasing along with the growth of the hardware install base," Furukawa. "It has reached more than 32 million accounts as of September 2021.
    "By enhancing services, we have increased...
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