Nintendo Is Leaving Its Comfort Zone, and We're All Better OffGames for mobile devices, theme park attractions, escape rooms -- the Japanese company is finally expanding its horizons.

ByStephen J. Bronner

Nintendo

Super Mario will finallyjump to iPhoneson Thursday, and I will get to live out my boyhood dreams of exploring the game series's Mushroom Kingdom in the real world sometime in the future. Today, Nintendo revealed initial plans for itsfirst-ever theme park attractions, which will open in Osaka's Universal Studios Japan in 2020, with other locations to follow.

There will also beLegend of Zelda-themed escape rooms. My inner child justcan't even.

You see, the Japanese company that's also behindPokémonandDonkey Konghas majorly shifted its strategy in the past few years, at a time when the smartphones in all of our pockets increasingly threaten its grip on the handheld games market and itsWii U console failed to live upto the success of its predecessor.

Related:Everything You Need to Know About Pokémon Go, the App That Earned $200 Million in its First Month

Now, Nintendo is no longerjusta company that makes video games -- it's a company that leverages its legendary libary of intellectual property.

"We have reshaped our overall business mission and key strategies that are driving it," Nintendo of America President Reggie Fils-Aimé recently toldTechCrunch. "Our business mission is to make people smile through the use of our IP."

Even just a few years ago,Nintendo executives shot downthe idea of its characters ever appearing on a system not bearing the company's name (let's forget thoseZeldaentries on the Philips CD-i). This year, the company will have released three mobile apps: its social network-likeMiitomo, that little augmented reality gamePokémon GoandSuper Mario Runon Dec. 15.

It took a while, but Nintendo is adapting to survive and thrive. It's following in the footsteps of the Walt Disney Company, which started out making cartoons starring Mickey Mouse and is now a licensing behemothvalued at around $150 billion.

Of course, the Big N isn't out of the video gamegame. It will release its newest console,Switch, this March.

Wavy Line
Stephen J. Bronner

Entrepreneur Staff

News Director

Stephen J. Bronner writes mostly about packaged foods. His weekly column isThe Digest. He is very much on top of his email.

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