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Bandai Namco formally announces Studio 2 & Studio S, its Nintendo collaboration studio | VGC
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Mario & Luigi: Brothership | Nov 7 Donkey Kong Country Returns HD | Jan 16, 2025 Xenoblade Chronicles X: Definitive Edition | Mar 20, 2025 Metroid Prime 4 | 2025
Single studio. They have a shit ton of other development studios doing other projects e.g a bunch of popular anime titles like Naruto, One Piece, Dragon Ball, Gundam, SAO and such, then their own major franchises (e.g Pacman, Tekken, Tales, Taiko, Ace Combat, iM@s, God Eater)
Theyre far from being considered 2nd party, thry just happen to be rented out by projects that happen to be under nintendo or someone who ia contracted to finish a project for nintendo but doesnt work there (e.g sakurai)