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Nintendo to acquire 70% of JESNET
1) Nintendo will acquire 70% of Sapporo-based JESNET for US$47 million+make it a subsidiary next April (when the new fiscal year starts).
— Dr. Serkan Toto (@serkantoto) August 25, 2016
2) JESNET has been distributing physical Nintendo products in Japan over the last years, was founded in 1952 and has 80 employees.
— Dr. Serkan Toto (@serkantoto) August 25, 2016
3) JESNET will also work together with another company called AJIOKA, which is in the video game wholesale business. So the NX can come ;).
— Dr. Serkan Toto (@serkantoto) August 25, 2016
4) The goal for Nintendo is to tightly control the entire value chain from developing video games to selling them, at least in Japan. /end
— Dr. Serkan Toto (@serkantoto) August 25, 2016
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