Nintendo Share Price Reaches All Time High After Successful 2023
Nintendo Share Price Reaches All Time High After Successful 2023
by theitguyforever
15 Comments
Witty-Leopard-6555
Hopefully some of those extra pennies go towards servers
SeperentOfRa
It’s a great stock. Good Dividend too
Retro_Rekt
Yeah, after a stock split they did at the end of last year nice bait
memeaste
Imagine if the Switch was a flop following the Wii U, I wonder where Nintendo would be at now
AuthenticatedUser
You can literally look at the stock charts and confirm this false. Wtf kinda journalism is this?
clashcrashruin
How is this possible when my holding is in the negative? Bullshit article.
Archergarw
It is up on recent but not an all time high
SWAGmaster694200
What no year of Luigi does to a mf
Boomroomguy
Feel sorry for the people that didn’t buy at $10 a share a couple months ago
QuinSanguine
Or because investors expect a new console in 2024 and are getting on board early enough to make some money if there’s a successful launch.
But yea it was a great year, regardless.
IDontCheckMyMail
It’s not at ATH though…
eockerman15
Hi all! I’m Emma, I work in audience engagement at Nikkei Asia. Was just stopping by this sub to see if anyone was talking about this. If you’re interested in a bit more markets coverage on Nintendo, here’s a bit of our reporting:
*OSAKA — Nintendo shares reached a new high on Friday, with strong sales of the seven-year-old Switch console as well as film adaptations featuring intellectual property like Mario and Zelda showing the potential of the company’s dual-weapon strategy.*
*Nintendo stock touched 7,395 yen on Friday, up 262 yen from Thursday’s closing price. The previous high, set in November 2007, was 7,320 yen, which takes into account a 10-for-1 stock split in October 2022. The stock split — the company’s first in 31 years — lowered hurdles for investment, making it easier for fans and other retail investors to purchase shares.*
*”The main reason for the rise in stock price on Friday was proactive buying by individual investors aware of the new NISA [Nippon Individual Savings Account] system that will take effect in 2024,” said Toyo Securities Senior Analyst Hideki Yasuda. NISA is a framework of tax exemptions for individual investments.*
*”Amidst a slump in video game stocks across the board, Nintendo’s recent sales are solid and sentiment about the company is positive,” Yasuda added.*
*”The Super Mario Bros. Movie,” released in April, grossed over $1.3 billion at the global box office, setting a new record for a video game adaptation. The film’s success led to increased interest in the stalwart Nintendo character, whose games saw a 30% year-on-year bump in sales during the April-September period.*
*The Legend of Zelda: Tears of the Kingdom, the newest title in the long-running Zelda video-game series released in May, was another big hit for the Switch, selling 19.5 million copies by the end of September.*
15 Comments
Hopefully some of those extra pennies go towards servers
It’s a great stock. Good Dividend too
Yeah, after a stock split they did at the end of last year nice bait
Imagine if the Switch was a flop following the Wii U, I wonder where Nintendo would be at now
You can literally look at the stock charts and confirm this false. Wtf kinda journalism is this?
How is this possible when my holding is in the negative? Bullshit article.
It is up on recent but not an all time high
What no year of Luigi does to a mf
Feel sorry for the people that didn’t buy at $10 a share a couple months ago
Or because investors expect a new console in 2024 and are getting on board early enough to make some money if there’s a successful launch.
But yea it was a great year, regardless.
It’s not at ATH though…
Hi all! I’m Emma, I work in audience engagement at Nikkei Asia. Was just stopping by this sub to see if anyone was talking about this. If you’re interested in a bit more markets coverage on Nintendo, here’s a bit of our reporting:
*OSAKA — Nintendo shares reached a new high on Friday, with strong sales of the seven-year-old Switch console as well as film adaptations featuring intellectual property like Mario and Zelda showing the potential of the company’s dual-weapon strategy.*
*Nintendo stock touched 7,395 yen on Friday, up 262 yen from Thursday’s closing price. The previous high, set in November 2007, was 7,320 yen, which takes into account a 10-for-1 stock split in October 2022. The stock split — the company’s first in 31 years — lowered hurdles for investment, making it easier for fans and other retail investors to purchase shares.*
*”The main reason for the rise in stock price on Friday was proactive buying by individual investors aware of the new NISA [Nippon Individual Savings Account] system that will take effect in 2024,” said Toyo Securities Senior Analyst Hideki Yasuda. NISA is a framework of tax exemptions for individual investments.*
*”Amidst a slump in video game stocks across the board, Nintendo’s recent sales are solid and sentiment about the company is positive,” Yasuda added.*
*”The Super Mario Bros. Movie,” released in April, grossed over $1.3 billion at the global box office, setting a new record for a video game adaptation. The film’s success led to increased interest in the stalwart Nintendo character, whose games saw a 30% year-on-year bump in sales during the April-September period.*
*The Legend of Zelda: Tears of the Kingdom, the newest title in the long-running Zelda video-game series released in May, was another big hit for the Switch, selling 19.5 million copies by the end of September.*
[The full story can be read here.](https://asia.nikkei.com/Business/Media-Entertainment/Nintendo-shares-hit-record-high-on-game-and-movie-dual-strategy) If you have questions, I’ll try to pass them along to our team (though they may be slower to get back to me due to the holidays.)
FYI, this is the Japanese stock, NOT the American stock. The American stock is still down 15% from it’s all time high.
And with that, Nintendo decides they don’t need Switch 2 and push it back another year.
There aren’t many nintendo fans who are optimistic of the zelda live action movie, but let’s watch : )