Hirochi Yamauchi’s heirs have a “desire to sell” their shares in Nintendo. Yamauchi was the former Chief Executive Officer for Nintendo. He passed away this past September.
Yamauchi had approximately 10% of the shares in Nintendo. There is no word on whether they will sell all of their shares or just a portion.
It will be interesting to see how this affects Nintendo in the coming days and months with the financial troubles they have been having recently.
Source: Bloomberg Technology