Eli5 Couldnt Microsoft just buy all shares of Nintendo?

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There is this story how Microsoft wanted/wants to buy Nintendo but was laughed out of the room. Is nintendo not a stock company? Couldnt Microsoft just buy 51% of all the shares? From what Ive seen the biggest shareholder is a japanese bank with 17%. Its not like somebody already owns the half.

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Anonymous 0 Comments

Hostile takeovers are extremely rare in Japan. Tender offers are rare, and the completion of a hostile buyout are even more rare–I think the last major deal happened in 2021.

Nintendo was established as a family-run/family-headed company and was run that way for the vast majority of its history, so I’d imagine its corporate bylaws are structured to poison pill hostile takeover attempts.

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