April 12, 2022

To Whom It May Concern

Nintendo Co., Ltd.

The Acquisition of the City Owned Land Adjacent
to Nintendo Headquarters

Nintendo Co., Ltd. (HQ: Kyoto, Minami-ku, Japan; Representative Director and President: Shuntaro Furukawa, “Nintendo” hereafter) today announced that it has been selected as the business operator for effective use of the Kyoto-city owned land (land of former Foundation Support Factory and former Material and Disaster Prevention Center) which was recruited by the city of Kyoto from December 8, 2021. Nintendo will be acquiring and utilizing the land.

1. Overview of the acquiring land
11-2-5 Hokotate-cho, Kamitoba, Minami-ku, Kyoto, Japan
Site area
(former Foundation Support Factory: 3,110.91㎡,
former Material and Disaster Prevention Center: 6,917.64㎡)
2. Bidding Price
5,000,000,000 Yen
3. Usage of the land
Facility name
Corporate Headquarters Development Center, Building No. 2 (tentative name)
Objective of the facility
R&D reinforcement
Floor area
Approximately 38,000㎡
Structure and height
12 floor steel framed building, approximately 72m of height
Planned completion date
December 2027

Perspective drawing of “Corporate Headquarters Development Center, Building No. 2” (tentative name)

Along with the R&D investments and capital investments, Nintendo believes acquiring and utilizing this land will carry an important role on reinforcing its R&D.

About Nintendo

Nintendo Co., Ltd., headquartered in Kyoto, Japan, has created franchises that have become household names worldwide, including Mario™, Donkey Kong™, The Legend of Zelda™, Metroid™, Pokémon™, Animal Crossing™, Pikmin™ and Splatoon™, through its integrated hardware and software products. Nintendo aims to deliver unique, intuitive entertainment experiences for everyone, manufacturing and marketing video game devices such as the Nintendo Switch™ family of systems, developing and operating applications for smart devices, and collaborating with partners on a range of other entertainment initiatives like visual content and theme parks. Nintendo has sold more than 5.3 billion video games and over 800 million hardware units globally. From the launch of the Nintendo Entertainment System™ more than 30 years ago, through today and into the future, Nintendo’s continuing mission is to create unique entertainment that puts smiles on the faces of people all over the world.