January 12, 2023
PIF ups stake in Japan’s Nintendo to 6.07%: report
Logos of Nintendo and Public Investment Fund
The Public Investment Fund (PIF) raised its stake in Japan’s video game maker, Nintendo Co. Ltd, to 6.07%, Reuters reported.
The Kingdom’s wealth fund disclosed this in the ownership report filed with Japanese regulators.
In May 2022, Bloomberg reported that the PIF acquired 5.01% of Nintendo, Argaam earlier reported.