Nintendo has plenty of money stockpiled and Japanese publication The Nikkei asked Nintendo president Tatsumi Kimishima what he plans to do with it. He says that they generally pour their money into research and development to come up with the next hit for the general public. He also says that they may consider investing outside the company.
“The technological advancement in the world is fast. While we’re looking at front-end technology, we’re always thinking about the future of Switch. Recently, even though we had decreased profit for eight years straight, we kept investing in R&D (research & development). Because we had a lot of funds, we were able to develop the Switch and completed a lineup of appealing games in the first year. Producing explosive hits is Nintendo’s value of existence. There are many interesting technologies in other companies outside Nintendo. If it’s possible to merge them with our company’s technology, we will also consider investing outside.”