Nintendo invests 5 billion yen in new development studios
It is not because Nintendo continues to refuse the technology race that the Japanese manufacturer has no ambition. With the insolent success of its Switch and each of its exclusives selling by whole cargo, the Kyoto firm continues to invest in research and development. In a statement released on its Japanese official website, Nintendo has just announced the acquisition of a new land that belonged to the Kyoto municipality and used as a factory for supporting the manufacture of disaster prevention materials natural. It is a land distributed in 5 lots of an exact area of 10 028.55 m2 and that has been sold in Nintendo for the sum of 5 billion yen, or about $ 39.8 million. 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 near the other 2 buildings that Nintendo already holds in the sector, knowing that the last one was inaugurated in 2014 and that we I was able to visit the entrance in 2015 during a stay in Japan.
Proof that Nintendo has the intention of developing heavily in the coming years, it was announced by Shuntaro Furukawa, the current president of Nintendo, that 100 billion yen ($ 800 million) will be spent in support in terms of internal production and development dedicated to video games, while 50 billion yen (about $ 400 million) will be invested to develop its ancillary activities that are not related to video games, but rather to film projects; No doubt follows to the Mario animation film which is currently under production. Satisfied with such an investment, the city of Kyoto also announced financial assistance to Nintendo up to 160 million yen ($ 1.4 million) each year for 3 years to provide for the necessary costs, according to Revenge the number of employees who will be hired. Here is an aerial plan of the area where Ninendo seems to extend to Kyoto.
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