{"id":41215,"date":"2024-12-11T17:24:02","date_gmt":"2024-12-11T08:24:02","guid":{"rendered":"https:\/\/automaton-media.com\/en\/?p=41215"},"modified":"2024-12-12T11:59:19","modified_gmt":"2024-12-12T02:59:19","slug":"nintendo-now-owns-100-of-monolith-soft","status":"publish","type":"post","link":"https:\/\/automaton-media.com\/en\/news\/nintendo-now-owns-100-of-monolith-soft\/","title":{"rendered":"Nintendo now owns 100% of Monolith Soft\u00a0"},"content":{"rendered":"\n

According to Monolith Soft\u2019s official homepage<\/a>, the Xenoblade series developer is now wholly owned by Nintendo. <\/p>\n\n\n\n

\"\"
On image: Shares – 2,400, Shareholders – Nintendo Co., Ltd. (100%)<\/em><\/figcaption><\/figure>\n\n\n\n

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\u2019s Xenogears. In 2007, Nintendo bought out 80% of Monolith Soft\u2019s shares from Namco, and then went on to further increase its stake to 96% in 2011.   <\/p>\n\n\n\n

Up until recently, Monolith Soft\u2019s founders have maintained a symbolic 4% stake in the company, but it seems Nintendo has acquired the remaining shares. We don\u2019t 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<\/a> (relevant excerpt below) was published. <\/p>\n\n\n\n

\"\"
On image: Shares – 2,400, Shareholders – Nintendo (2,320), Hirohide Sugiura (30), Tetsuya Takahashi (30), Yasuyuki Honne (20)<\/em><\/figcaption><\/figure>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Nintendo has finally acquired the remaining 4% of Monolith Soft’s shares, making it a wholly-owned subsidiary.<\/p>\n","protected":false},"author":55,"featured_media":18736,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_gspb_post_css":"","footnotes":""},"categories":[3],"tags":[17,33],"class_list":["post-41215","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-japan-related-news","tag-nintendo"],"blocksy_meta":[],"yoast_head":"\nNintendo now owns 100% of Monolith Soft\u00a0 - AUTOMATON WEST<\/title>\n<meta name=\"description\" content=\"Nintendo has finally acquired the remaining 4% of Monolith Soft's shares, making it a wholly-owned subsidiary.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/automaton-media.com\/en\/news\/nintendo-now-owns-100-of-monolith-soft\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nintendo now owns 100% of Monolith Soft\u00a0 - 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