Is The Last Story first party or third party?

[lord_of_flood]

baloofarsan said:
I am not sure of all the legal implications of copyright but this site gives a hint of the owner of a franchise.
https://www.nintendo.co.uk/Legal/Copyright/Nintendo-and-Third-party-Copyrights-655030.html

The Last Story
©2011-2012 Nintendo/MISTWALKER

Interesting, so the people I had seen on the internet saying it was jointly owned weren't wrong after all. Interesting. I guess that means if Nintendo wants to do anything with the IP, both Ninty and Mistwalker have to agree on it.