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ValueAct is securing 1.1$ billion worth of stakes at Nintendo

Agnostic2020

Agnostic2020

Member
Activist investor ValueAct Capital Partners LP has built a stake of over $1.1 billion in Nintendo.

It means they are essentially interested in the company because they want to make changes or push the company in a certain direction. In this case they want to push the digital entertainment/media services angle.

 
Agnostic2020

Agnostic2020

Member
Activist investor ValueAct Capital Partners LP has built a stake of over $1.1 billion in Nintendo.

It means they are essentially interested in the company because they want to make changes or push the company in a certain direction. In this case they want to push the digital entertainment/media services angle.



 
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Lionel Richie

Lionel Richie

Member
You should feel bad for the thread title you chose OP, it doesn't reflect the actual situation to such a degree that I have to wonder if you did it in earnest and not with an intention to deceive.
 
JordanN

JordanN

Banned
jufonuk said:
Fuck no. Didn’t Nintendo say they had some contingency in place to stop this happening?
Click to expand...
From what I last remembered, Nintendo's largest shareholders are the banks.

Although 52% of the company does belong to other people.

yBEV5td.png
 
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-Arcadia-

-Arcadia-

Banned
This is a situation worth keeping an eye on, but the article has a positive (given how much anyone can find outside interference in Nintendo positive) take on things.

Both entities seem aligned, and this investor is said to be on board with Nintendo’s unique thinking.

We’ll see though. Nintendo should navigate very carefully right now.
 
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BigBooper

BigBooper

Member
I don't know if they've done their homework with regards to Nintendo's network tech and ability. Everyone that's used Nintendo's online services knows that's a longshot bet.
 
Arkam

Arkam

Member
So what percentage stake does that buy them? Unless I missed it the Reuters article does not say (but tell the stake % of another take over). Also when did the Yamauchi family sell their shares? I know I am older than dirt, but last time I read up on it they still held majority shares and most (if not all) controlling votes.
 
Gormless Noodle

Gormless Noodle

Member
Guynamedbilly said:
I don't know if they've done their homework with regards to Nintendo's network tech and ability. Everyone that's used Nintendo's online services knows that's a longshot bet.
Click to expand...

I don't think this company cares much about the quality of the Switch's online.

Arkam said:
So what percentage stake does that buy them? Unless I missed it the Reuters article does not say (but tell the stake % of another take over). Also when did the Yamauchi family sell their shares? I know I am older than dirt, but last time I read up on it they still held majority shares and most (if not all) controlling votes.
Click to expand...

https://www.gamasutra.com/view/news...ng_shares_in_Nintendo_back_to_the_company.php in 2014 Yamauchi's heirs sold it back to Nintendo. Incidentally that was 1.1 billion worth of shares too and accounted for a little under 8% of shares back then, which was the Wii U era, so if I'm not completely retarded that would mean it's quite a bit less than that now with the share prices being a lot higher.
 
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DeepEnigma

DeepEnigma

Gold Member
I was wondering why it kept telling me when buying Nintendo stock, that I needed a fixed rate around 4:30pm today, but not for Sony or a few others.

I just bought some now and the fixed rate was removed.
 
Alexios

Alexios

Cores, shaders and BIOS oh my!
Lol, taking over.

Plus, Nintendo's stance on investors/share holders is basically don't be dumb, we know what to do, when they're being dumb as we see with the investor Q&A they put out yearly, lol.
 
A

a multicultural team of v

Member
JordanN said:
From what I last remembered, Nintendo's largest shareholders are the banks.

Although 52% of the company does belong to other people.

yBEV5td.png
Click to expand...
Most of those aren't actually the banks owning them, its individual people investing through the bank owning them, and it just shows up as an omnibus account.

For example, if you use Schwab to buy 100 shares of Apple, to Apple they see Schwab holding not your 100 shares, but the combined shares of everyone who owns Apple at Schwab. They are simply held in a segregated account on your behalf. Schwab does all the record keeping to figure out who owns what on their end.
 
JordanN

JordanN

Banned
a multicultural team of v said:
Most of those aren't actually the banks owning them, its individual people investing through the bank owning them, and it just shows up as an omnibus account.

For example, if you use Schwab to buy 100 shares of Apple, to Apple they see Schwab holding not your 100 shares, but the combined shares of everyone who owns Apple at Schwab. They are simply held in a segregated account on your behalf. Schwab does all the record keeping to figure out who owns what on their end.
Click to expand...
Thanks for that. I learned something new.
 
A

a multicultural team of v

Member
JordanN said:
Thanks for that. I learned something new.
Click to expand...
I deal with this stuff for work so I can go on and on lol.

Another tidbit - that huge #1 holding by JP Morgan is, I believe, their ADR account. Basically, US banks buy a ton of shares of a foreign company, package them together, then sell those shares on a US exchange so that US investors can easily invest in the company (in this case, Nintendo) without having to deal with foreign currency or markets.

So most of those are likely owned by US investors, both people and investment funds.
 
Rat Rage

Rat Rage

Member
In other words: ValueAct securing roughly 2% worth of stakes at Nintendo.

I think it's insignificant. They won't have any say in anything Nintendo wants to do.
 
V4skunk

V4skunk

Banned
They need to have the majority of shares to have real influence! They are a few hundred billion £ off.
 
G

Gargus

Banned
yurinka said:
Let's hope this means Nintendo finally gets a proper online.
Click to expand...

Maybe Nintendo will also finally start trying to make new games instead of just jerking off the same old franchises over and over and over again. They very rarely do anything new and when they do they quickly abandon it in favor of just making more of the same old shit.

Nintendo at this point is just a franchise and licensing whore. And every year they get a little more soft and a little more safe to the point where they are pretty boring.

But yeah their online side sucks in every possible way you can imagine.

Personally I hope someone does take over. I don't like the current fat and lazy Nintendo. All they do now is ride their own coat tails.
 
Azelover

Azelover

Titanic was called the Ship of Dreams, and it was. It really was.
I don't know much about this. But doesn't Nintendo own A LOT of their own shares? Or it doesn't count?

I think they bought much of the Yamauchi family stock, after he died. But I'll be honest, I don't know what the current situation is. Nintendo is a strong part of japanese culture, so I'm not entirely sure the government would let a foreign body buy them over. Especially if it's hostile.
 
Hendrick's

Hendrick's

If only my penis was as big as my GamerScore!
These hedge fund guys are shady assholes. In all seriousness, I hope they don't kill Nintendo.
 
jshackles

jshackles

Gentlemen, we can rebuild it. We have the capability to make the world's first enhanced store. Steam will be that store. Better than it was before.
Not_a_Sony_pony said:
Remember when investors told Nintendo mobile mobile mobile?

They were politely told to fuck off.
Click to expand...
Yeah but then we got the franchise travesties that are Super Mario Run, Fire Emblem mobile, Mario Kart mobile, and Animal Crossing mobile, all of which are 100% trash.
 
Not_a_Sony_pony

Not_a_Sony_pony

Banned
jshackles said:
Yeah but then we got the franchise travesties that are Super Mario Run, Fire Emblem mobile, Mario Kart mobile, and Animal Crossing mobile, all of which are 100% trash.
Click to expand...
Yes but what I mean is they wanted Nintendo to primarily focus on mobile.

Your examples I’m fine with as they not only made money but didn’t infringe on their core business. Garbage that they are.

I’ve read the investor briefings under iwata ; Nintendo swatted investors down softly.
 
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