No it couldn't have, simply because Nintendo is not interesting in owning a studio of this caliber.
They are far more interested in doing small games that cost little to nothing to make.
They didn't invest in retro even when they made a DK game that sold more than 7 million units.
Nintendo has done an awful job capitalizing on the success of the Wii and DS. They should have build more western studios, increase the size of retro. Buy next level games, create new franchises for the western public.
They did quite the opposite, coasting on their success, putting all their chips on gimmicks and not on games. Meanwhile western games are pushing not only the boundaries in terms of graphics, but in storytelling, gameplay, physics, every part of what makes a game.
People are trying to defend Nintendo like they are the only ones to innovate.
but the only game made by Nintendo in the last ten years that really was a game changer was mario galaxy. That's pretty thin IMO.
Meanwhile third parties and Sony are changing gaming in meaningful ways.
Microsoft though has been lost for the last 6 years now.
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