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Tarumon said:
Vinniegambini said:
Nintendo has no say in that matter, the Pokémon Company does. Furthermore, Pokémon has stayed a handheld franchise because of portability (pocket monsters), low development costs, and bigger returns - pretty simple.


I thought Nintendo owns Pokemon Company and Creatures Inc outright while Gamefreak co-owns a portion of the Pokemon IP.  Somebody else made a comment that Nintendo also owns a portion of Gamefreak but I haven't had a chance to verify.

Game Freak is independent, Nintendo sadly does not own them. Nintendo owns 66% of the Pokémon Company (Creatures Inc owns 33% - Nintendo owns them, and Nintendo 33%). Although Nintendo owns a majority of the Pokémon Company, they are independent nonetheless. They do their own thing which in turn lets them release apps on IOS and so forth. However, Nintendo does own the Pokémon IP; as a result, Pokémon games can only appear on Nintendo consoles.

It is arguably their most profitable franchise.