(Feb 27): Nintendo Co’s shares pared gains due in part to expectations that partner banks may trim roughly ¥300 billion (US$1.9 billion or RM7.5 billion) worth of strategic stakes in the Kyoto-based game maker. Banks including MUFG Bank and the Bank of Kyoto are expected to unload shares, while Nintendo plans to conduct a buy-back, Reuters reported, citing people familiar with the matter. Representatives of Nintendo and the Bank of Kyoto were not immediately available for comment. Nintendo’s stock price was up around 2% Friday afternoon in Tokyo, down from a high of 4.1%. “If this is paired with a buy-back, this has little impact on stock liquidity,” said Toyo Securities analyst Hideki Yasuda.
Source: The Edge Markets February 27, 2026 07:34 UTC