Nintendo keen to preserve company DNA, says acquisitions "would not be a plus"

Sony and Microsoft have been making waves with a spate of high-profile acquisitions, and recently carried that trend into 2022 by announcing deals for Bungie and Activision Blizzard, respectively.

Despite its main competitors splashing the cash to bolster their family of internal studios, however, Nintendo seems more relaxed about the whole M&A thing.

Last year, the company expressed a desire to sink cash into its own studios, setting aside 100 billion yen ($870 million) for internal investments to help existing talent flourish and bolster its production capabilities.

During a recent investor presentation, translated by Bloomberg, Nintendo president Shuntaro Furukawa confirmed the Switch maker won't be changing that approach.

"Our brand was built upon products crafted with dedication by our employees, and having a large number of people who don’t possess Nintendo DNA in our group would not be a plus to the company," Furukawa commented.

Nintendo, of course, has purchased studios in the past -- including Luigi's Mansion 3 developer Next Level Games in January last year -- but it seems the Japanese company won't be throwing its weight (or cash) around in the M&A space as much as the other members of the industry's "big three."