Nintendo Makes Colossal $40million Move To Achieve Massive Future Ambitions

Earlier today, Nintendo made it to the headlines post acquiring land worth billions. It’s true, the acquisition took place at the company’s birthplace, Kyoto, in Japan. Moreover, the land exists just next to the company’s existing Kyoto HQ. In fact, they also released the land acquisition documents, maintaining transparency. Before the acquisition, the land belonged to Kyoto’s Govt, which was used as the Foundation Support Factory and Disaster Prevention center.

Moreover, the gaming giant will use the land for research and development purposes (R&D reinforcement). And is all set to build its R&D facility, which will be called “Corporate Headquarters Development Centre”. With an expected completion date of Dec 2027, it’ll be a 12-floor steel-framed building with an approx 38,000 m of floor area. Moreover, Nintendo paid around a whopping $5 billion Yen, which equals around $40 million USD. Undoubtedly, it’s a big move, and this hefty investment’s likely to add value to the company.

On 12 April (Tuesday), gaming entities like Wario64 and Nibel mentioned the same on Twitter. And here’s the Nintendo’s new release, giving every insight into the newly acquired land.

Moreover, the company also released an image, showcasing the building’s exterior looks. Apart from the aforementioned news, the gaming giant has released no further details.

WATCH THIS STORY: Ranking The Highest Selling Nintendo Games of All-Time

Undoubtedly, when completed, the infrastructure will strengthen Nintendo’s R&D department. Resulting in improvements in its consoles and gaming titles. And that’s exactly how it’ll also benefit the fans.

Fans react to Nintendo acquiring the land

Nintendo’s expansion has indeed caught the community’s attention. Moreover, flooding Twitter, the fans have also expressed their opinions about the same. Speaking of, one fan thinks the building looks like those featured in The Matrix movie. And one fan wants Nintendo to build a factory in that land.

It seems like the fans are also looking forward to the building’s completion. In fact, they’re likely to hear more in the coming few years as the building’s construction progresses.

Let’s have a look at what fans got to say about it:

What do you make of the land acquisition for the research & development plans of Nintendo? Let us know your views about it.

Read More: Nintendo Switch vs Steam Deck: How the Japanese Giant Could Finally Face Real Competition In 2022