Nintendo now owns 100% of Monolith Soft
According to Monolith Soft’s official homepage, the Xenoblade series developer is now wholly owned by Nintendo.
Monolith Soft was originally created by founders Hirohide Sugiura, Tetsuya Takahashi and Yasuyuki Honne with investment from Namco (now Bandai Namco) to work on Xenosaga, a Namco-owned spiritual successor to Square’s Xenogears. In 2007, Nintendo bought out 80% of Monolith Soft’s shares from Namco, and then went on to further increase its stake to 96% in 2011.
Up until recently, Monolith Soft’s founders have maintained a symbolic 4% stake in the company, but it seems Nintendo has acquired the remaining shares. We don’t know when exactly this happened, but Sugiura, Takahashi and Honne still owned 4% percent of Monolith Soft at least until March this year, when their company brochure for 2024 (relevant excerpt below) was published.