Mr Khan said:
Old Man Yamauchi was their buyout defense, in that he was one of the largest individual shareholders with a lot of influence over others. Since he passed, Nintendo spent a lot buying up many of his shares. Plus Japanese companies very rarely get bought out in hostile takeovers. That's why you get more partnerships like Square Enix, Bandai Namco, Tecmo Koei. |
Why are they so reluctant to Western or foreign partnership/ownership?
I understand that they've been a secluded people since WWII and that affected their culture; however, businesess wise that really doesn't help their situation.
A lot of their once titans in the eletronic market, are not competitive and they're not following Western and Korean innovation. It looks like they lack funds and fresh ideas that abund in the Western market.
