No. Really bad idea. It would leave sony very exposed to any big changes in the gaming market. They would have no fallback should their games division suffer. It would make games production even riskier for them.
One of the reasons MS is so big and can make so many acquisitions is because they offer a lot of different services to different markets. If xbox crapped the bed tomorrow MS, as an entity, would be just fine. They have boat loads of revenue coming in from other industries that they can use for xbox if they so wish.
Nintendo, in contrast, are in a very precarious position. They are fine now since the switch is doing so well and a boat load of software sells on it. But what if the switch 2 fails? what if its another wiiu? Their theme park is nowhere near enough to fall back on (thats more of a vanity project anyway). They seem to be pulling back a bit from the mobile side and that, in its current form at least, is also not enough. They have no Gameboy/DS to fall back on. They are also comically ill equipped for multiplat development. They know how to make games for their, and only their hardware. that's it.
They do have a boat load of cash in the bank and can run for a while under tight wiiu/Gamecube conditions. But they wouldn't be able to sustain that forever. Nintendo, by all accounts, is not a small company (it's just small relative to Sony and MS).
So no: really bad idea for a company the size of Sony to throw all their eggs in the gaming basket.
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