Saudi Arabia’s Public Investment Fund (PIF) previously purchased a 5.01% stake in Nintendo. This PIF has also invested in other gaming companies, such as Koei Tecmo and Capcom. Today, the Saudi Arabia Public Investment Fund has increased their stake in Nintendo slightly.
As of right now, Saudi Arabia’s Public Investment Fund (PIF) now holds a 6.07% stake in Nintendo. This continues the PIF’s push to expand into Japanese gaming and obtain a bigger foothold. As far as Nintendo’s day to day operations go, this doesn’t impact Nintendo’s path forward in any way.