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Wyrdness said:
Vodacixi said:

I think I saw it on Wikipedia and also several other forum threads over the internet that asked this same question. Not a reliable source by any means, but its what I read. 

There's also the fact that Intelligent Systems calls Nintendo "partner" in their website. Which, as I said, would be very weird to say from someone who is controlled by said partner. If Nintendo owned IS, they wouldn't call their owner "partner".

Wikipedia doesn't say that now though and as for partners look at what I pointed out earlier Creatures Inc are an affiliated partner as well yet they are a fully owned asset of Nintendo under their original registered name Ape. The are business reasons for the partner structure such as keeping certain properties and assets private.

Ok, after some visits to the japanese websites of both the Wikipedia entry for IS and IS website itself and if google translator is not shitting on me, Intelligent Systems is apparently owned by itself, because apparently IS is a limited company the capital of which comes 100% from IS itself. No other companies are involved in its ownership.