OSAKA — Nintendo Co. President Hiroshi Yamauchi is planning to use 20 billion yen of his own money to set up a fund in January to support startup game makers, company officials said Tuesday.

Yamauchi will establish the fund by selling roughly 1.18 million shares in Nintendo, or 0.84 percent of his 10.84 percent share in the company, the officials said.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.