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sethnintendo said:

Japanese government would step in and prevent any takeover of their most prized company. Although this makes me wonder who has controlling shares of the company. I assume Yamauchi relatives do. Looks like I need to do research on Nintendo and Japanese laws protecting foreign companies taking over their companies.

Have a good look: https://www.nintendo.co.jp/ir/en/stock/information/index.html

No really big shareholder, but about half belong to Japanese companies, mostly banks among them.