Saudi Arabia's sovereign wealth fund Public Investment Fund (PIF) sees raising the stakes it holds in Japanese gaming companies as "a possibility," the vice chairman of the fund's gaming entity said, Kyodo News reported.
Prince Faisal bin Bandar bin Sultan Al Saud, vice chair of the sovereign wealth fund's gaming unit, made the comments in an interview with Kyodo.
He told the Japanese news agency that PIF is not in a rush to increase its stakes, and that investments would be made in a friendly way. The Kyodo report did not specify what he meant by "friendly".
PIF currently owns 8.58% of Nintendo (7974.T), opens new tab and has stakes in video game companies Nexon (3659.T), opens new tab, Capcom (9697.T), opens new tab, and Koei Tecmo (3635.T), opens new tab, Kyodo said.
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