New First Party

[BreakABone]

Well here is some more information on the new company

Nintendo to Open Tokyo Development Center, Nihon Keizai Reports
By Yoshiko Matsu****a
Tokyo, May 1 (Bloomberg) -- Nintendo Co., the maker of GameCube and Gameboy video game toys, will open a software development site in Tokyo in September to strengthen its ability to build new games, the Nihon Keizai newspaper reported.

Kyoto-based Nintendo plans to put 50 developers at the company's Tokyo branch in Kanda, the paper said, without citing anyone. Nintendo will hire 20 new software developers in the business year started April 1 with the other staff transferred from the company's other development center in Kyoto, it said.

By opening the new location, Nintendo hopes to recruit software developers in Tokyo, the paper said. Weakness in developing new games is one reason for Nintendo's poor sales last year, the paper said.

On April 7, Nintendo said its full-year profit ended March 31 fell by about 38 percent and sales of its GameCube console lagged its forecasts by about half. Nintendo therefore ceded the title of the world's No.2 maker of video-game machines to Microsoft Corp.

(Nikkei 5-1)

Last Updated: April 30, 2003 18:51 EDT.

So the company will be a mix of 30 current NOJ employees and 20 new ones, with more to come, I wonder what they will work on..