Nintendo Lays Out its Multi-Billion Expenditure Plans After Earning Staggering Revenue From Switch

Published 11/05/2021, 2:00 PM EDT


Nintendo has successfully made a mountain of money with the Switch console. Switch launched to phenomenal success as compared to other previous gaming consoles. The Japanese company is planning to expand its video game capability by investing up to $900 million, which is a huge amount, to be honest.

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In non-gaming areas such as movies or even licensing, it is going to invest around $450 million. The company is also planning to invest more ($2.6 billion) in expanding relationships with its consumers with exciting theme parks and stores.

Nintendo wants to build stronger relationships with its current as well as future consumers and provide better services and experiences. For consumers, the company is also planning to enhance My Nintendo Reward Service.

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(Photo by James Sheppard/Future via Getty Images)

Nintendo multi-billion expenditure plans

According to Shuntaro Furukawa (President), Nintendo has always been focused on creating original entertainment. With the huge and unexpected success of Switch consoles, Nintendo is in a strong position right now. And this is the best time to reconsider how to invest the cash using meaningful ways and excellent strategies. Currently, they are planning to invest ¥150 billion Yen in software assets and expand the organization.

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Furukawa also hinted at some huge acquisitions. Earlier this year (2021) they acquired Next Level Games after approximately a decade. No doubt, the acquisition is one of the best ways to expand the organization and get some really excellent outcomes.

Nintendo is one of the largest video games companies out there and it’s always better to plan things ahead so that everything goes well in the future. Also, according to some inside reports, the developer’s team is deciding the right time for the launch of its next gaming system.

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Do you think the company is on the right track right now? Also, what do you think about all the investment strategies of Nintendo? Let us know in the comments section below.

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Vitasta Singh

343 articles

Vitasta Singh is an eSports writer at EssentiallySports. She is currently pursuing her graduation in English Literature and Psychology. Before joining EssentiallySports she used to write articles for Silver Mantle Solutions on various niches such as games, fitness, business, entertainment, and fashion.

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