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Nintendo acquires 100% of Xenoblade developer Monolith Soft.

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Until recently The developer founder still owns 4 percent of the studio.

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Monolith Soft, the long-time developer of the Xenoblade series, appears to have been acquired by Nintendo for 100 percent. Even though Nintendo has been selling Monolith Soft games for many years, it still owns only 96 percent of the company, with the original founder holding it. With another 4 percent of shares, it appears that small holding has changed hands, and Nintendo is now said to own 100 percent of the developer.

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Nintendo’s complete ownership of Monolith Soft is stated on the studio’s website. Company overview pagewhich is Found by an automaton– It looks like the ownership change will occur sometime in March 2024 of this year, when Nintendo is still listed as 96 percent owner. Monolith Company Brochure

A disclosure on Monolith Soft's website shows that Nintendo owns a total of 2,400 shares of the studio's stock.
A disclosure on Monolith Soft’s website shows that Nintendo owns a total of 2,400 shares of the studio’s stock.
Source: Monolith Soft

Monolith Soft was founded by Hirohide Sugiura, Tetsuya Takahashi, and Yasuyuki Honne, the former of whom worked under Square Enix, and the latter two serving as director and lead artist for Xenogears, respectively. The group worked with Bandai Namco to create its successor. The spirit was known as Xenosaga before Nintendo purchased 80 percent of the studio from Bandai Namco in 2007. Nintendo then increased its stake to 96 percent in 2011. However, the original founder still holds four symbols that symbolic Percentage of shares held in the company until recent events

No one knows when or why the shares were sold. But it looks like Nintendo now has full control of Monolith Soft. With Xenoblade Chronicles X: Definitive Edition coming to Switch in March 2025, there’s a lot to be excited about from both. Stay tuned for more updates here at Shacknews.

Senior news editor

TJ Denzer is a player and writer with a lifelong passion for the game. He found his way onto the Shacknews roster in late 2019 and has worked as a Senior News Editor ever since. During the news report He has also specifically helped with livestream projects such as Indie-focused Games, Shacknews Stimulus Games, and Shacknews Dump. You can contact him at tj.denzer@shacknews.com And you can find him on Twitter. @JohnnyChugs



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