Nintendo has made 71 Brand new Franchises Since 2001

[VanceIX]

Vena said:

VanceIX said:

I already admitted that they controlled them for the most part. However, Namco kept a significant share in order to keep "involvment" with the studio, which signifies that the studio still was under some degree of influence from Namco, and not 100% privately owned by Nintendo, as a first party studio generally is. 

That's not really how share holding works. When you own 80% of the company, you own the company except for minor board control by others. 80% means that they have majority and any decision they make, they make as the majority and it is the decision that is made barring some ultimatum veto in the system.

If Nintendo decides to turn Monolith Soft into a company that makes plushies for cancer victims, then Monolith Soft starts making plushies.

In that case, Nintendo would have no need to buy the rest of the shares in 2011 as they did.

A 20% share is significant enough in influencing aspects of the company.