While the rest of Japan was still celebrating Tokyo’s 2020 Olympics victory, today was a grim day at the Kyoto headquarters of Nintendo (7974:JP). Investors had hoped the maker of video game consoles would win membership in Japan’s benchmark stock index, following the merger of the Osaka exchange (where Nintendo had been traded) with the larger Tokyo exchange. Nikkei Inc., keeper of the Nikkei 225, dashed those hopes Friday by announcing that Nintendo hadn’t made the cut. “This expectation has come to nothing,” wrote Takao Suzuki, an analyst at BNP Paribas. “This appears to be the right time to sell.”
Investors agreed. Within 90 minutes of today’s opening bell, Nintendo was down more than 7 percent. As the day wore on, things just got worse. By the end of trading, Nintendo shares had lost 8.4 percent of their value.
Nintendo Has Acquired Shiver Entertainment From Embracer Group
Great news it shows that Nintendo intends to continue developing ports of AAA games to its next gen platform
Buying studios from embracer now is a great deal, they must be dirt cheap at this point, Nintendo is a opportunist, they wait until someone fall so they get their best deal
I didn't do any gymnastics I can assure you, honestly I don't know why you think that, not hating I seriously don't see why you think that
Yeah I don't know where that came from. It's rare for Nintendo to flat out aquire studios. Guess they were trying to be edgy but why flex on this studio. 🤣
I hope someone buys Piranha Bytes, their future isn't looking good right now. I love their RPGs, they're janky as f***, but they have heart and soul.
Nintendo saw the Mortal Kombat 1 Switch port and were like, "Yeah, these guys are worth acquiring."
You can't make this crap up lol
Mortal Kombat 1 was never going to port well I'm sure they told wb it wasn't going to work but wb wants that sweet sweet 140 million install base
In the end wb approved the project cleared the milestones and allowed the product to release
Yeah this guys ported MK11 which is great, Hogwarts Legacy which is great, and MK1 is now ok, play it every day
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.
Things aren't looking so good for Nintendo.
Some of the best companies were in the black right before they went under.
this is more of the same end of the world dealings...just look at what's happening with Apple stock...
Doomsday is coming any day now...
I love Nintendo.
but they have needed a kick in the ass since the original Wii.
hopefully Nintendo places new people in charge, to get gamers back into wanting a Nintendo.
Look up how Business is done in Japan.
Its one of the worst places to work for someone who is young and ambitious. You will be spending a lot of time bending over both ways. great place to travel and see the sights but horrible place to work. look at Olympus for an example.