Nintendo "laughed their assess off" when Microsoft tried to acquire the company in 2000

[AsGryffynn]

Eagle367 said:

Ka-pi96 said:

Yeah, I assumed they were just spouting bullshit. Pretty sure I've actually called them out on that before and they refused to answer that time too.

Somebody posted something about Japan tightening laws on foreign ownership earlier, but that's literally just a law that requires vetting before the purchase can go through to protect national security. ie. no selling to suspicious Chinese companies. It certainly isn't a "no foreigners allowed" law.

I believe I read about a law that protects Japanese companies from hostile takeovers but if Ninty wanted it to happen, I don't think japan would stop it. The laws I know about are against what was about to happen to Ubisoft before it stopped.

Japan has corporate protections against "predatory conduct" to prevent large zaibatsus and keiretsus from taking over smaller businesses against their will and these apply to foreign conglomerates as well, but that's it.