You kinda contradict yourself. If they put very little budget on their not well recognized franchises then they are being very conservative on avoid risk.
Certainly I can agree that Nintendo makes more varied titles than most if not all Japanese developers. Still Capcom and Sega aren't limited to the 2 IPs each you have put.
But yes, we can agree with the premisse you put on general terms.
duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"
Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"
Azzanation: "PS5 wouldn't sold out at launch without scalpers."