Nintendo buys land from Kyoto City Hall to expand development studios

Nintendo buys land from Kyoto City Hall to expand development studios

It is not because Nintendo continues to refuse the race for technology that the Japanese manufacturer has no ambition. With the insolent success of its Switch and each of its exclusives which are sold by whole cargoes, the Kyoto firm continues to invest in research and development. In a press release published on its official Japanese website, Nintendo has just announced the acquisition of a new land which belonged to the municipality of Kyoto and which until now served as a support factory for the manufacture of disaster prevention materials. natural. This is a plot of land divided into 5 lots with an exact area of ​​10,028.55 m2 and which was therefore sold to Nintendo for the sum of 5 billion yen, or approximately 39.8 million dollars. An acquisition that will allow Nintendo to build a new 12-storey building in which it will be able to develop its activities and whose provisional name is “Corporate Headquarters Development Center Building No 2”. According to Nintendo’s estimates, the construction of the building in question will be completed during the year 2027 and will be located very close to the 2 other buildings that Nintendo already owns in the area, knowing that the latest was inaugurated in 2014 and that we were able to visit the entrance in 2015 during a stay in Japan.

nintendo

nintendo

Proof that Nintendo intends to develop strongly in the coming years, it was announced by Shuntaro Furukawa, the current president of Nintendo, that 100 billion yen (800 million dollars) will be spent in support in terms of production and internal development dedicated to video games, while 50 billion yen (about 400 million dollars) will be invested to develop its ancillary activities which are not related to video games, but rather to cinematographic projects; probably a sequel to the Mario animated film which is currently in production. Satisfied with such an investment, the city of Kyoto has also announced financial assistance from Nintendo to the tune of 160 million yen (or 1.4 million dollars) each year for 3 years to meet the necessary costs, according to however, the number of employees who will be hired. Here is an aerial plan of the area where Ninendo seems to extend to Kyoto.

nintendo

nintendo

nintendo

nintendo


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