Saudi Arabia’s PIF mulls bigger risk in Nintendo, Kyodo records

TOKYO (Reuters) – Saudi Arabia’s Public Investment Fund (PIF) is taking into consideration increasing its risks in Nintendo and various other Japanese video gaming business, Kyodo News reported on Saturday.

Prince Faisal container Bandar container Sultan Al Saud, vice chair of the sovereign wide range fund’s video gaming device, divulged the strategy in a meeting with Kyodo.

He informed the Japanese information firm that PIF is not in a thrill to raise its risks, which financial investments would certainly be made in a pleasant method. The Kyodo record did not define what he indicated by “friendly”.

PIF presently has 8.58% of Nintendo and has risks in computer game business Nexon, Capcom, and Koei Tecmo, Kyodo claimed.

(Reporting by Makiko Yamazaki; Editing by Sonali Paul)