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Saudi Arabia's PIF Ramps Up Stake In Nintendo, Deeping Its Foray Into Gaming Sector

Saudi Arabia's PIF Ramps Up Stake In Nintendo, Deeping Its Foray Into Gaming Sector

沙特阿拉伯的 PIF 增加了對任天堂的股份,深入進軍遊戲領域
Benzinga Real-time News ·  2023/02/17 21:26
  • Saudi Arabia's Public Investment Fund now owns an 8.3% stake in Nintendo Co, Ltd (OTC:NTDOF) (OTC:NTDOY), becoming its largest outside shareholder.
  • The ramp-up of stake, up from 6%, has placed PIF ahead of Japan's Government Pension Investment Fund and behind only Nintendo's holding, Bloomberg reports.
  • Under Crown Prince Mohammed bin Salman, Saudi Arabia pushed to break into the games and esports industry.
  • Also Read: Saudi Arabia's Public Investment Fund and Alibaba Backed VC Close To Raising $1B To Support Asian And Middle East Tech Startups
  • Most notably, it set up Savvy Games Group under the PIF umbrella with a $38 billion budget led by industry veterans.
  • Savvy this week revealed its first foray into China's games sector with a $260 million investment in a Tencent Holding Ltd (OTC: TCEHY)-backed competitive gaming organizer.
  • "It's tough to bet against PIF due to its size in the market," UBS analyst Kenji Fukuyama said. "The fund may underpin Nintendo shares if it continues to increase its stake."
  • Nintendo marked PIF's third investment in a Japanese game company that hit the public disclosure threshold of 5%, along with Nexon Co Ltd (OTC: NEXOY) and Street Fighter maker Capcom Co Ltd (OTC: CCOEY) in 2022.
  • "The Nintendo purchase, as well as investments in game companies around the world, is part of Saudi Arabia's long-term project to become less reliant on oil, "said Akira Takatoriya, a consultant.
  • The wealth fund's investments reflect the Saudi state's goals for 2030. Some of the technologies the PIF has targeted include renewable energy, big data analysis, and entertainment content.
  • Price Action: NTDOF shares closed higher by 0.89% at $40.70.
  • 沙特阿拉伯 公共投資基金 現在擁有 8.3% 的股份 任天堂株式会社 (OTC: NTDOY) (OTC: NTDOY),成為其最大的外部股東。
  • 彭博社報導,股份的增加,從 6% 上升,已將 PIF 放在日本政府養老金投資基金之前,僅落後於任天堂的持有權。
  • 在穆罕默德·本·薩爾曼王儲的領導下,沙特阿拉伯推動進入遊戲和電子競技行業。
  • 另請閱讀: 沙特阿拉伯的公共投資基金和阿里巴巴支持 VC 接近籌集 1 億美元以支持亞洲和中東科技初創公司
  • 最值得注意的是,它在 PIF 保護傘下成立了精明的遊戲集團,由行業資深人士領導的 38 億美元的預算。
  • Savvy 本週透露了第一次進軍中國遊戲行業,投資 2.6 億美元 騰訊控股 (場外交易代碼:TCEHY)支持的競爭性遊戲組織者。
  • 「由於 PIF 的規模在市場上很難下注,」 瑞銀(UBS) 分析師福山健治說。「如果該基金繼續增加其股份,該基金可能會為任天堂股票提供支撐。」
  • 任天堂標誌著 PIF 對一家日本遊戲公司的第三筆投資,該公開披露門檻達到 5% 的公開披露門檻,以及 力信有限公司 (場外交易代碼:NEXOY)和 街頭霸王 製造商 卡普空有限公司 (場外交易代碼:柯伊)於 2022 年。
  • 顧問 Takira Takatoriya 表示:「任天堂購買以及對世界各地遊戲公司的投資是沙烏地阿拉伯不太依賴石油的長期項目的一部分。
  • 財富基金的投資反映了沙特國家對 2030 年的目標。PIF 目標的一些技術包括可再生能源,大數據分析和娛樂內容。
  • 價格行動: 新台幣股份收高 0.89%,報 40.70 元。

譯文內容由第三人軟體翻譯。


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