This opinion might be no good , but I feel Nintendo could probably get Level 5 ? The makers of ni no kuni, yokai watch and professor layton ? So , far Level 5 only made 1 game for console in entire 2020 , Level 5 fired many employees and need help their only game they released in 2020 was yo kai watch I think it undersold? IDK about Ni no Kuni dev? but Level 5 seems to be in trouble would hate for them to go bankrupt .
When I heard about Nintendo buying Next Level Games, my first thought was 'Oh, they got the Professor Layton devs?' until I remembered which was which. That said, Nintendo's philosophy on buying studios seems to be only taking in those who wish to be bought. If Level Five approaches them, I'm sure they'd give it careful consideration, but otherwise I doubt Nintendo would pursue them.