The chronicle continues.
The ‘Company Profile’ section of the Monolith Soft website has been updated and it looks like Nintendo now finally owns 100% of the company (thanks, Automaton West).
The Big N first staked its claim in Monolith back in 2007, purchasing 80% of its shares from Namco before increasing its proportion to 96% in 2011. It’s unclear exactly when the remaining shares came under the ownership of the House of Mario, but up to at least March of this year, company founders Hirohide Sugiura, Tetsuya Takahashi and Yasuyuki Honne still owned the remaining symbolic 4% (according to the company’s 2024 brochure).
Read the full article on nintendolife.com