The Nintendo Switch has performed exceedingly well, and as a result, Nintendo is in a “strong cash position,” and the company has now outlined how it will spend some of its money.
In an investor meeting, Nintendo outlined how it would spend 450 billion yen ($3.95 billion USD) in the years ahead as part of its “cash utilization” strategy. This includes up to 100 billion yen ($879 million) on game development, up to 50 billion yen ($440 million) on non-gaming projects like movies, and up to 300 billion yen ($2.6 billion) on “maintaining and expanding relationships” with consumers through new infrastructure projects. This is in addition to Nintendo’s usual investments in the areas of research and development and general capital expenditure Come from Sports betting site VPbet . Nintendo did not provide a timeline for when it plans to spend this cash in these respective areas.