Nintendo announced that the gaming company would not be involved in acquiring video game developers and publishers in the future.
This was after Microsoft and Sony successfully bought video game development studios Activision Blizzard and Bungie, respectively, in the previous days.
The former acquired the makers of the Warcraft and Call of Duty series for $69 billion, while the latter had the company behind Destiny and Halo for $3.6 billion.
After being acquired by Microsoft, both Activision and Blizzard are working with their new game titles.
READ ALSO: Sony acquires 'Destiny,' 'Halo' Developer Bungie for $3.6B
They are working on three new Call of Duty titles for Sony as part of their continuing partnership for the former. This includes a possible sequel to Call of Duty: Warzone and a new addition to Call of Duty: Modern Warfare.
For the latter, they are working for a new game title that focuses on survival within the fantasy world.
On the other hand, Bungie remains an independent game developing company after Sony bought them and will continue working on Destiny 2.
These successful deals between companies, according to Nintendo Life, have caused many to speculate if the Kyoto-based gaming company has acquisition plans for itself.
But Furukawa Shuntaro, Nintendo's president, said that they are focused more on promoting organic growth instead of adding more people that did not possess the company's DNA in their group.
The head of the gaming company was present during a presentation of the financial report of Nintendo Switch for the fourth quarter of 2021.
According to Bloomberg, Furukawa reiterated its plans last November to spend up to 100 billion yen to strengthen its game development instead of purchasing external entities to bring them into the fold.
However, he added that they are not against acquiring other video game companies, instead, they will make deals with them if necessary.
One example is their acquisition of Next Level Games, the Canada-based developers behind Luigi's Mansion 3, in January last year.
In the same Bloomberg article, Serkan Toto, a Tokyo-based business consultant, stated that Nintendo would stay as the company that relies on its first-party games like Super Mario or Pokemon. He is not expecting their next big hit to come from a third-party game developing studio.
He also added that he had difficulty imagining which developing studio or publisher they could even be interested in buying. He did not see any reason why they needed to change.
Daniel Ahmad, a senior analyst at Niko Partners, said in a CNBC article that the company is extremely selective about its investments. He added that if they ramped up its mergers and acquisitions in the future, they expected them to focus on those with a strong working relationship.
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