Nintendo president, Shuntaro Furukawa, has confirmed via a press release that the company has now acquired the land opposite Nintendo headquarters in Kyoto, Japan, for $40million. Nintendo will be acquiring and utilising the land by using it for additional resource and development and the current completion date for the build is December 2027.
- Price 5,000,000,000 Yen
- Location 11-2-5 Hokotate-cho, Kamitoba, Minami-ku, Kyoto, Japan
- Site area 10,028.55㎡, Bidding Price 5,000,000,000 Yen
- Facility name : Corporate Headquarters Development Center, Building No. 2 (tentative name)
- Objective of the facility : R&D reinforcement
- Floor area : Approximately 38,000㎡
- Planned completion date : December 2027
- Usage of the land: Along with the R&D investments and capital investments, Nintendo believes acquiring and utilizing this land will carry an important role on reinforcing its R&D.