Saudi Arabia's Public Investment Fund (PIF) is reportedly mulling over increasing its holdings in Nintendo and other Japanese gaming firms, according to a recent report by Kyodo News. Prince Faisal bin Bandar bin Sultan Al Saud, the vice chair of the sovereign wealth fund's gaming division, shared these intentions during an interview with Kyodo. He emphasized that PIF is not in a hurry to boost its stakes and that any investments would be executed in a 'friendly' manner. The term 'friendly' was not elaborated upon in the Kyodo report. Currently, PIF holds an 8.58 percent stake in Nintendo and has investments in other gaming companies such as Nexon, Capcom, and Koei Tecmo, as reported by Kyodo.