Saudi Arabia sets aside $13b for acquisition of a "leading game publisher"

[Shatts]

Ryuu96 said:

SegaHeart said:

I got this from a user in a website, We need Japan doing this for Nintendo It's Japan Culture and Do it for Sega and Capcom to be 3rd parties forever Except Sega hopeful Console comeback .and Not have Fireign try buy Japanese post is old.

Japan puts Toyota, Sony and 516 other firms on ‘national security’ list to counter China risk, foreign raiders https://t.co/7myNzRevPA

— South China Morning Post (@SCMPNews) May 10, 2020

To be clear, those companies can still theoretically be acquired but will face tough scrutiny from Japan and it's mostly aimed at China, I don't think Japan has any issue with Saudi Arabia politically.

Sony is Cat 3 which is the highest.

• (III) - Companies conducting business activities in core sectors.

These are basically companies that are important to national security, Sega and Capcom will never make Cat 3. They're both Cat 1 which lists every single publicly listed company in Japan.

• (I) - Companies conducting business activities only in non-designated business sectors (subject to post-investment report only).

The law has always in some form existed, but it used to be that Japan would investigate anything over 10%, now it's anything over 1% for Cat 2/3 companies.

Nexon and Nintendo are Cat 2.

• (II) - Companies conducting business activities in designated business sectors other than core sectors.

But as I said, even Cat III can be acquired, it's just a lot harder, Sharp Corporation is Cat III but owned by Foxconn since Japan has no issue with Taiwan. Nissan is Cat III but 66% of it is owned by foreign entities and its single largest shareholder is a French company.

To be fair both examples u listed was a while back and on the verge of bankrupt.