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The identity of the unlisted stake Nintendo sold in the year to March 2026

Year to March 2026 (Apr 2025–Mar 2026)

ReportedAn author’s statement backed by circumstantial evidence; not a document.

What this is

The identity of the unlisted stake Nintendo sold in the year to March 2026: Niantic.

How it’s built

  1. Confirmed by the site’s author in October 2026; no document names the company.

What we assumed

  • The sold stake is Niantic.Consistent with the sale timing, a full exit of an old stake at 29 times cost, and Nikkei naming Nintendo among Niantic holders paid out.

Sanity check

Nintendo’s reports never mention Niantic or Scopely by name, so this rests on circumstantial evidence; the research puts it at about 90% likely.

The value

  • Niantic, Inc.

Where it comes from

A filed or published document

In English

User-confirmed (2026-10-29) that the unlisted stake Nintendo sold in FY3/26 was Niantic. Consistent with Niantic’s sale of its games business to Scopely (announced Mar 2025, ≈$3.85bn to equity holders) falling in FY3/26 and with a 2015 co-investment alongside TPC and Google. Not yet found in a document.

Where it’s used

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