The largest increase since 2008
The Japanese yen has reached a three-year low against the euro meaning many successful exporters are enjoying a rise in stock.
Nintendo has seen an 11% rise in stock value, which now stands at 11,850 yen, the largest gain since 2008.
The yen has weakened against all 16 major counterparts this year as speculation surrounding the Bank of Japan’s prospective quantitative easing initiatives continue.
The Topix advanced 1.7% today to close at 1,121.04 in Tokyo, with around two stocks rising for each that fell.
Game developers have already started to confirm that they will support the Nintendo Switch 2 with their future titles.
Hanzala from eXputer: "As Nintendo takes out 20 years' worth of stuff from Garry's Mod, I watch in shock, thinking why it continues to hurt and discourage its fans."
The irony that some of the most disgusting business practices come from companies like Disney or Nintendo, i can't even begin to understand what terrible damage was Garrys Mod making to Nintendo bottom line, imho they're getting pretty nervous about where they're heading in the future, handhelds are no longer something exclusive to Nintendo, from Steam Deck to many others, now you can play the latest games and pay a fraction of the price on Steam sales, so it's up to their exclusives, which just on their own would make hard to justify purchasing a closed overpriced hardware with outrageous price policies (Super Mario Odyssey is still 60 euro 6 years later!), and as a home console they're always underperforming compared to Sony or Xbox.
i cam guarantee you, that their exclusives alone is what drives switch sales. they sell in the 10s of millions of copies.
nintendo created their franchises to be sort of nostalgia driven, exclusive only on nintendo.
people will always buy the pkmn games as they always bring in new younger fans amd is family friendly
mario kart, the same thing, mario games in general.
zelda games are system sellers. animal crossing for the casual gamers.
nintendo doesnt need third vame devs essentially. they made sure with the switch and the limitations that they looked more to pc ps and xbox.
its sad, but nintendo is more than fine with what they're doing. they positioned themselves to appeal to the more casual gamers.
but to your point, im not sure why they're doing this rly.
Look at how they handled Nintendo games being streamed or uploaded on YouTube in the past. They killed Yuzu and Citra even when they had nothing to do with ToTK being leaked, not to mention it was basically unplayable on emulation the week it was leaked. Smash Bros tournament, that was fairly recent. They shut down their online services without any care for purchases made. I bought a switch after skipping their last 2 consoles and handhelds but I don't plan on buying anything Nintendo in the future. They take things to the extremes, they legitimately hate their fans. They're honestly right up there with the likes of Acti, EA, and Ubi, only difference is that they disguise themselves as being family friendly all the while being shady.
Hanzala from eXputer: "The cruel hammer of Nintendo has fallen. Farewell, 3DS and Wii U, you surely brightened my life and many others; you won't be forgotten."
Ohmaigawd they're still doomed right gaiz?!
Heck if I know what caused the stock increase (might be their focus in the western markets, but that's just a guess on my part) what with the weakened yen, but I imagine at least a few people at Nintendo are smiling their butts off right now.
But I thought Nintendo was doomed?
Nintendo is doomed....right!?!
Cue an entire damned article full of "Nintendo is doomed" comments, both sarcastic and serious. You're not funny, and you're not market analysts, respectively.
Wow who would have thought there was a silver lining.