Nintendo family office invests in indie Japan film studio K2 Pictures
TOKYO -- An asset management firm for Nintendo's founding family is backing K2 Pictures, a fledgling Japanese film studio that seeks to shake up the domestic movie industry with an alternative financing model.
K2 Pictures said Tuesday that it entered into a capital partnership with the Yamauchi No. 10 Family Office.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Mainichi
2 hours ago
- The Mainichi
Japan Photo Journal: Production of traditional 'mizu-uchiwa' fans peaks ahead of summer
Traditionally crafted "mizu-uchiwa" fans, distinguished by their glossy luster and waterlike translucence, are seen at the Sumii Tomijiro Shoten fan store in Gifu on June 2, 2025, as production peaks ahead of Japan's sizzling summer. The fans are made by attaching ultrathin "gampi-shi" paper, which resembles oil blotting paper, to bamboo frames. They are finished with a natural lacquer and air-dried indoors for about 10 days using a technique from the Meiji era (1868-1912). Coming in around 20 designs with motifs such as ayu (sweetfish), morning glories and cormorant fishing with burning torches, they sell for 3,550 to 6,000 yen (around $25 to $42) each. The store's fourth-generation owner Kazunari Sumii, 62, said, "I hope people will enjoy summer with these cool-looking fans." (Japanese original by Kazuki Yamazaki, Nagoya Photo and Video Department)
2 hours ago
Japan Govt Loses Suit over Abenomasks
News from Japan Society Jun 5, 2025 18:05 (JST) Osaka, June 5 (Jiji Press)--A district court on Thursday partially nullified the Japanese government's decision not to disclose documents regarding the procurement of "Abenomasks," cloth masks distributed in the early days of the COVID-19 pandemic. Atsushi Tokuchi, presiding judge at Osaka District Court, also ordered the state to pay 110,000 yen in damages to the plaintiff, Kobe Gakuin University professor Hiroshi Kamiwaki. Kamiwaki had filed a suit demanding the revocation of the government decision, saying that it was illegal not to disclose the documents containing detailed information about the state's procurement contracts. In April 2020, then Prime Minister Shinzo Abe announced plans to distribute cloth masks to all households in an effort to combat the pandemic. The government signed 32 no-bid contracts with 17 companies to distribute the masks, including those provided to elderly care facilities and elementary and junior high schools. In total, the government procured some 318 million masks for around 44.3 billion yen. [Copyright The Jiji Press, Ltd.] Jiji Press
Yomiuri Shimbun
3 hours ago
- Yomiuri Shimbun
Nintendo Switch 2 Launches but Will Not Be Sold at Physical Stores
The Yomiuri Shimbun A customer happily displays his new Nintendo Switch 2 in Toshima Ward, Tokyo, on Thursday morning. Nintendo Co. released the Nintendo Switch 2, its first video game console in eight years, on Thursday. Applications had flooded in for lottery pre-orders on the official online Nintendo store and other sites. There are currently no plans to sell the Switch 2 in physical stores and only lottery winners received the console at major mass retailers. At Bic Camera Inc.'s main store in Toshima Ward, Tokyo, about 30 lottery winners lined up at the doors even before the store's 10 a.m. opening. 'I'm so happy that it doesn't feel real,' said a beaming 24-year-old company employee from Toda, Saitama Prefecture. 'I can't wait to play with it when I get home.' The recommended retail price of the Switch 2's domestic-only model is ¥49,980, including tax. The new console's liquid crystal display is larger than the first-generation model, and it comes with a featured game chat function, which enables the user to remotely chat with other players. Nintendo is intending to sell 15 million Switch 2 consoles worldwide in the first fiscal year. The company has not disclosed how many of the consoles are allocated to Japan.
