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Nintendo says they will start "acquiring development companies"

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It seems like the Japanese giant needs more capacity and is ready to start growing by purchasing other studios.
For a while, it felt like there were spectacular acquisitions every month, mainly from Embracer and Microsoft, but in recent years, things have calmed down considerably on that front. Now, however, another company seems keen to grow a little, namely Nintendo.
In Nintendo’s latest financial report (page 54), CEO Shuntaro Furukawa states that they are planning „initiatives such as acquiring development companies to make them subsidiaries and augmenting our development facilities, and the construction of Corporate Headquarters Development Center, Building No.

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