Nintendo (NTDOY) reportedly planning stock buyback as several Japanese banks plan to sell shares

Reuters reports that Nintendo plans a share buyback as part of an unwinding of positions held by Japanese banks.

Reuters has reported that Nintendo is planning to buy back shares of the company as part of a plan to unwind strategic shareholder relationships with several Japanese banks. The rumored participants include Mitsubishi UFJ Financial Group (MUFG) and Bank of Kyoto. The bank divestitures are expected to amount to nearly $1.9 billion of Nintendo's stock.

Updated: February 26, 2026 at 11:42 p.m. PT

Nintendo has officially announced the share buyback and participants in the secondary offering of stock.

Nintendo's stock is currently down over 15 percent year-to-date, and down 43 percent from its all-time high set in August of 2025, so a share buyback might not be the worst idea at the current price level. Japanese bank regulators and the Tokyo Stock Exchange have been pushing for large companies to unwind so-called "cross-shareholding" relationships in an effort to make companies more shareholder-friendly to international investors. Reuters also reported earlier in the week that Toyota plans a similar unwinding of around $19 billion of shares held by Japanese financial institutions.

According to September filings, MUFG held 3.62 percent of Nintendo and the Bank of Kyoto had a 4.19 percent stake in the Big N. Nintendo did not respond to Reuters' request for comment, but the media outlet did say that the sale of the shares may happen as soon as Friday in Japan.

Nintendo's Japanese stock (7974) is trading up nearly 3 percent on the news. None of the Japanese financial institutions have commented on this report by Reuters, so keep it locked on Shacknews for all the latest Nintendo (NTDOY) financial news as it breaks.

This article is only meant for educational purposes, and should not be taken as investment advice. Please consider your own investment time horizon, risk tolerance, and consult with a financial advisor before acting on this information.

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At the time of this article, Shacknews primary shareholder Asif A. Khan, his family members, or his company Virtue LLC had the following positions:

Long Nintendo via NTDOY shares

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