The move can be seen as part of a consolidation in the world toy and game business.
It is relatively inexpensive to get into the game business, but rare to prosper.
Kojima tried joining the game business but was unable to do so at first.
Industry executives, however, said the company was also moving to try to stanch the flow of red ink from its game business.
"The race to the bottom is not in the best interest of the game business."
Along the way, Nintendo became intensely disliked on the software side of the game business.
He says the company diversified beyond video games the last several years by bolstering its game business for personal computers.
At $54.99 per copy, this game business isn't kids' stuff, is it?
And in the game business, as in Hollywood, only a few productions become hits.
I've been in this game business 20 years and had a little bit more care been taken this wouldn't have happened.