Family Office Of Former Nintendo CEO Backs Plans For Takeover Of Japan Systems

Plans in place to spend billions of yen to see management buyout completed.

The Yamauchi No. 10 Family Office is supporting a management buyout of software firm Japan Systems Co., Bloomberg is reporting.

Yamauchi No. 10 Family Office manages more than 100 billion yen ($972 million) in assets previously controlled by Nintendo Chief Executive Officer Hiroshi Yamauchi, who died in 2013. Yamauchi was believed to be Nintendo's largest shareholder at the time of his passing, with around 10% of the company.

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