I don't know what would have happened to them, but it's nice that Nintendo has a top notch RPG series thanks to them. Since most third parties simply default to developing only on the highest end systems to show off the newest graphics Nintendo and the companies their second parties or whatever have to provide like 95% of the new (not old ported games) AAA software on Ninty systems.
Unlike in the 90s and early 2000s when Final Fantasy was THE rpg series and Square was THE rpg maker, these days there is no single studio or series that stands out like that as the pinnacle of the genre. There are numerous high quality studios and series that come and go and having one of them exclusive to Nintendo is nice when most studios skip Nintendo because its not competing for the latest graphics with the high end consoles. Though also that choice by third parties allows Xenoblade and Monolith to stand out because they are the one exclusive AAA traditional rpg series on Nintendo systems.
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