"Nintendo published an updated listing of its subsidiaries and affiliated companies as part of a new securities report. There are 27 consolidated subsidiaries (down slightly from last year’s count of 29) and six affiliated companies."

First, some notes:

– SiRAS.com Inc is no longer a subsidiary
– Capital of Nintendo RU LLC. increased from RUB104 to RUB336
– Nintendo European Research and Development SAS is now a wholly owned subsidiary
– Nintendo’s ownership of Nd Cube Company, Ltd. increased from 96% to 97%
– Another subsidiary/affiliated company no longer with Nintendo is Silicon Knights

"All of Nintendo’s subsidiaries and affiliated companies are listed below."

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Subsidiaries

Name: Nintendo of America Inc
Region: United States of America
Capital (in thousands): $110,000
Corporate role: Sales/marketing
Ownership percentage: 100

Name: Nintendo of Canada Ltd.
Region: Canada
Capital (in thousands): $110,000
Corporate role: Sales/marketing
Ownership percentage: 100

Name: Nintendo of Europe GmbH
Region: Germany
Capital (in thousands): €30,000
Corporate role: Sales/marketing
Ownership percentage: 100

Name: Nintendo France S.A.R.L.
Region: France
Capital (in thousands): €10,000
Corporate role: Sales/marketing
Ownership percentage: 100

Name: Nintendo Benelux B.V
Region: Netherlands
Capital (in thousands): €6,800
Corporate role: Sales/marketing
Ownership percentage: 100

Name: Nintendo Iberica, S.A.
Region: Spain
Capital (in thousands): €3,000
Corporate role: Sales/marketing
Ownership percentage: 100

Name: Nintendo RU LLC.
Region: Russia
Capital (in millions): RUB336 (was RUB104 in 2014)
Corporate role: Sales/marketing
Ownership percentage: 100

Name: Nintendo Australia Pty. Ltd.
Region: Australia
Capital (in thousands): AUD8,500
Corporate role: Sales/marketing
Ownership percentage: 100

Name: Nintendo Taiwan Co. Ltd.
Region: Taiwan
Capital (in thousands): NT$5,000
Corporate role: Sales/marketing
Ownership percentage: 100

Name: Nintendo of Korea Co. Ltd.
Region: South Korea
Capital (in thousands): ₩25,000
Corporate role: Sales/marketing
Ownership percentage: 100

Name: iQue, Ltd
Region: China
Capital (in thousands): $28,000
Corporate role: Sales/marketing
Ownership percentage: 100

Name: Nintendo Technology Development Inc.
Region: United States of America
Capital: The list states 1 US$, I assume they mean a million US$
Corporate role: Development
Ownership percentage: 100

Name: Nintendo Software Technology Corporation
Region: United States of America
Capital (in thousands): $20
Corporate role: Development
Ownership percentage: 100

Name: Retro Studios, Inc.
Region: United States of America
Capital (in thousands): $10,001
Corporate role: Development
Ownership percentage: 100

Name: Nintendo (Hong Kong) Co., Ltd.
Region: Hong Kong
Capital (in thousands): HK$49,300
Corporate role: Sale/marketing
Ownership percentage: 100

Name: Nintendo European Research and Development SAS
Region: France
Capital (in thousands): €300
Corporate role: Development
Ownership percentage: 100 (was 97% in 2014)

Name: Nd Cube Company, Ltd.
Region: Japan (Tokyo)
Capital: ¥483000000
Corporate role: Development
Ownership percentage: 97 (was 96 % in 2014)

Name: 1-UP Studio Co., Ltd.
Region: Japan (Tokyo)
Capital (in millions): ¥90
Corporate role: Development
Ownership percentage: 100

Name: Monolith Software, Ltd. (was Inc.)
Region: Japan (Tokyo)
Capital (in millions): ¥75
Corporate role: Development
Ownership percentage: 97

Name: Nintendo Network Service Database Inc.
Region: Japan (Tokyo)
Capital (in millions): ¥480
Corporate role: Other (network services)
Ownership percentage: 100

Name: Mario Club Co., Ltd.
Region: Kyoto
Capital (in millions): ¥450
Corporate role: Development (debugging)
Ownership percentage: 100
In addition to the above, there are five consolidated subsidiaries.

Affiliated companies

Name: Pokemon Co., Ltd.
Region: Tokyo
Capital (in millions): ¥365
Corporate role: Sales of Pokémon
Ownership percentage: 32

Name: Warp Star Co., Ltd.
Region: Tokyo
Capital (in millions): ¥10
Corporate role: Animation, IP/rights management
Ownership percentage: 50

Name: PUX Co., Ltd.
Region: Osaka
Capital (in millions): ¥45
Corporate role: Development of audio and video processing software
Ownership percentage: 27

Source:http://nintendoeverything.com/latest-listing-of-nintendo-subsidiaries-and-affiliated-companies/#more-208033 and http://www.neogaf.com/forum/showthread.php?t=1072343 

Not quite sure, a few others are also missing as well like Genius Sonority. 

Which of these companies runs the Seattle Mariners ? As I understand it they are still owned by the big N .

Apparently, Nintendo of America but represented by CEO Howard Lincoln.

Yeah they are , I just would of assumed they would have a separate company / subsidiary to run a sports team but I guess they just pay the bills and let management run the team . 

It does seem like that could be the reason.

Nice, tagging

Tagged

Interesting. Do Nintendo of America, and Nintendo of Canada have the same amount of capital, or are they one company? Cause it seems odd to invest as much in Canada as the US

They invest so much because America is currently the biggest market for console gaming. Look at hardware sales in other territory.