Nintendo announces the purchase of SRD, one of its traditional support studios

Nintendo has announced this Thursday morning a purchase agreement with the studio SRD Co., Ltd., one of its oldest support teams. The operation, valued at 435,000 dollars at the exchange rate, will be completed on April 1, 2022, the start date of the next fiscal year. From that moment on, the studio will become one of the many subsidiary teams of the Great N.

SRD, a studio trusted by Nintendo since 1982

Although Shuntaro Furukawa, president of Nintendo, told his investors last February that they wanted to disengage from the race to purchase massive studios (such as Zynga by Take-Two; Bungie by Sony; or Activision from Microsoft), this movement is known to be natural and, in a certain way, reasonable, understanding the relationship between both names. Its headquarters are located in the main Nintendo building in Kyoto.

Nintendo headquarters in Kyoto, Japan.

Nintendo explains in the statement that the operation will not have a significant impact on its financial results. The agreement contemplates the acquisition of 100% of the shares of SRD. “The acquisition will serve to strengthen the management and secure availability of SRD resources for Nintendo, as well as facilitate an anticipated improvement in the efficiency of software development,” they explain.

What do we know about SRD, Nintendo’s new purchase

Founded in Kyoto, Japan, in January 1979, SRD has been working with Nintendo since 1982; in the Famicom generation. Since then, this studio of 140 employees —last data dated 2019— chaired by Toshihiko Nakago has participated in almost all installments of The Legend of Zelda series.

There are dozens of Nintendo projects in which SRD has participated; either with minor or major tasks. His appearance in the credits of the company’s video games is recurring. During the Nintendo Switch generation, its participation in others such as The Legend of Zelda: Breath of the Wild, Nintendo Labo, Super Mario Maker 2, Ring Fit Adventure, Animal Crossing: New Horizons or the recent Video Game Studio stands out.

Nintendo’s last big purchase occurred last January 2021 with Next Level Games, the team behind Luigi’s Mansion or the Mario Strikers saga, including nearby Mario Strikers: Battle League Football for Nintendo Switch,.

Fonts | Nintendo; SRD