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Asia Nikkei: Nintendo shares top Tokyo trading in fiscal 2016
- Thread starter ggx2ac
- Start date
OfficerRaichu15
Member
Return of the King???
godhandiscen
There are millions of whiny 5-year olds on Earth, and I AM THEIR KING.
It's just a fad guys. Like the Wii, DS, and 3DS.
J
Jpop
Unconfirmed Member
Why contribute this solely to Pokemon Go?
giant_frying_pan
Member
Doomed.
pixelpatr0n
Banned
Sweet! Hope my stock goes up on Monday! Been waiting to cash it out.
SinCityAssassin
Member
Because if Nintendo was shown to even willingly associate itself with anything mobile, the inherent potential for big money is lucrative to shareholders. Pokemon Go was the first instance, even if it wasn't their true instance.
Stocks fell once they revealed profit margins from go. This sustained growth can't be attributed to it.
MetalliCabombination
Member
you mean to tell me the console on month into its lifespan and selling slower than wii u in japan is a breakout hit and largely responsible for this growth in a fiscal year while pokemon go must be forgotten?
ok
switch is a giant success that will top ps2+wii combined for sure/
foxuzamaki
Doesn't read OPs, especially not his own
Never doubted them
It was probably the following article I mentioned some time ago: http://m.neogaf.com/showpost.php?p=232587923
SinCityAssassin
Member
I mean, the fact that Nintendo is also one of the rarer large companies that carry no debt helps in garnering a stable investment image.
ShockingAlberto
Member
It wasn't like it had nothing to do with them.
Iwata was handling the details of that deal and personally courting Niantic on his deathbed.
Neff
Member
This is true, but there's a good case to be made for Pokémon Go being the catalyst for their reversal in public image.
That's not to downplay their efforts since, which have been surprisingly aggressive and effective, but Pokémon Go was perfectly timed to condition consumers for Mario Run and Switch alike. It feels like an operation years in the making, and it probably was. Extremely well-played hand all round.
Lmao, the Wii U released in the holidays, and the Switch was, and still is, heavily supply constrained. Not even a valid comparison, but you can play this game by yourself, if you want.
Serenitynow
Member
While I won't contest that Switch sales are not mainly responsible for this growth, the sales narrative you are crafting for the Switch in Japan is misleading. You and I both know that the Wii U launched during the holiday season, so direct sales comparisons are disingenuous. Even so, Switch sold more than the Wii U in its opening week.
It is also outpacing the PS4, which launched after the holiday period as well.
foxuzamaki
Doesn't read OPs, especially not his own
Didint know it w add outpacing ps4, that must be really when opening for Japanese devsWhile I won't contest that Switch sales are not mainly responsible for this growth, the sales narrative you are crafting for the Switch in Japan is misleading. You and I both know that the Wii U launched during the holiday season, so direct sales comparisons are disingenuous. Even so, Switch sold more than the Wii U in its opening week.
It is also outpacing the PS4, which launched after the holiday period as well.
While I won't contest that Switch sales are not mainly responsible for this growth, the sales narrative you are crafting for the Switch in Japan is misleading. You and I both know that the Wii U launched during the holiday season, so direct sales comparisons are disingenuous. Even so, Switch sold more than the Wii U in its opening week.
It is also outpacing the PS4, which launched after the holiday period as well.
That week 4 is magic
Real good sign that they're onto a cross over hit IMO
Oh certainly no doubt about that.
It's almost like Nintendo didn't announce their mobile partnership with DeNA a year before Pokemon Go became a phenomenon.
Pokemon Go as a game was lightning in a bottle that was a culmination of many things coming together to create a perfect storm, but it didn't reverse a public image for Nintendo, except maybe on Neogaf and gaming circles that think Nintendo is irrelevant because the Wii U didn't sell. Pokemon Go's success just reinforced what savvy industry observers and fans had known for decades: Nintendo IP is way more valuable than slumping console sales suggest. It just takes Pokemon Go becoming a global phenomenon for some people to grasp that. Mario was at the Rio 2016 Summer Olympics closing ceremony and that had nothing to do with the success of Go and everything to do with Mario being an icon as well Nintendo's relevance as a company to Japan.
This is just another case of Nintendo shaking off the rust and firing on all cylinders, then people trying to attribute their success to luck or fads.
That increase is absolutely remarkable.While I won't contest that Switch sales are not mainly responsible for this growth, the sales narrative you are crafting for the Switch in Japan is misleading. You and I both know that the Wii U launched during the holiday season, so direct sales comparisons are disingenuous. Even so, Switch sold more than the Wii U in its opening week.
It is also outpacing the PS4, which launched after the holiday period as well.
thestopsign
Member
It's sold out there, it sells what ships.
The Hermit
Member
I should have bought shares, I always trusted the Switch
Stumpokapow
listen to the mad man
This is Nintendo's stock price over the last 12 months:
I see one enormous jump and one small jump.
The enormous jump is from July 7th to July 18th. Pokemon Go released on July 6th. (Incidentally, the enormous drop afterwards is from when Nintendo confirmed they owned almost none of Pokemon Go and investors realized this)
The little jump is on September 7th. The iPhone event where Super Mario Run was announced was on September 7th.
Other than these two events there are essentially no trends in movement up or down or other remarkable movements at all. What factors do you attribute the growth to?
Neff
Member
I absolutely agree, but Wii U dealt Nintendo a blow regarding public perception they were struggling to repair, and Go was the mother of all band-aids. Almost overnight, people went from 'what the hell is a Wii U' to taking genuine interest in Nintendo IPs and products once again.
They're the forefather of the console industry as we know it and always will be, their characters iconic and timeless, but folks just needed a nudge to be reminded of that.
J
Jpop
Unconfirmed Member
This is Nintendo's stock price over the last 12 months:
I see one enormous jump and one small jump.
The enormous jump is from July 7th to July 18th. Pokemon Go released on July 6th. (Incidentally, the enormous drop afterwards is from when Nintendo confirmed they owned almost none of Pokemon Go)
The little jump is on September 7th. The iPhone event where Super Mario Run was announced was on September 7th.
What factors do you attribute the growth to?
I attribute the growth to the outlook and direction of the company. Which encompasses mobile strategy as well as their plans for consoles going forward.
It is always shortsighted to attribute growth to a sole factor.
GregLombardi
Member
Anyone betting against a company with a super clean balance sheet, loads of cash, and all the properties Nintendo has and is starting to milk in different directions is in for quite a surprise, short of a Donald crash of the market for dumb reasons.
Switch is also ahead of my own expectations just in terms of mind share and market positioning, mostly due to Zelda and the clean and modern hardware Nintendo released. Short of failing like the Wii U, though, I didn't really care how Switch did as an investor, because I think there are more important things going on in the company.
Switch is also ahead of my own expectations just in terms of mind share and market positioning, mostly due to Zelda and the clean and modern hardware Nintendo released. Short of failing like the Wii U, though, I didn't really care how Switch did as an investor, because I think there are more important things going on in the company.
Nintendo experienced the best growth on the Tokyo stock exchange for fiscal 2016.
The more that investors put money into Nintendo's stock, the more capital Nintendo gets which allows Nintendo to spend that money on things.
Well...It kinda a bit too early is isn't it? Lets's wait till it has been on the market for more than a year. Although it doesn't seem like the system will end up like the Wii U.
DecoReturns
Member
So Switch is doing alright/good in Japan?
That's good to hear. I really like the system, wasn't going to get one till Mario, but got one as a gift from my sisters as a late birthday gift.
That's good to hear. I really like the system, wasn't going to get one till Mario, but got one as a gift from my sisters as a late birthday gift.
The Last One
Member
Well, it is.
Nintendo has been making mostly good decisions for the past two years.
They tried to end Wii U on an upbeat with a slew of high quality games like Bayonetta 2, Super Smash Bros, Super Mario Maker, and of course Breath of the Wild. Pokemon Go and Super Mario Run reached out to a massive net of lapsed gamers, nostalgic gamers, new kids/teens, etc., the NES Classic REALLY grabbing nostalgia this past holiday season, and the Nintendo Switch being an appealing product (so far anyway!) means Nintendo is on an upswing. Also throw amiibo in there somewhere.
They tried to end Wii U on an upbeat with a slew of high quality games like Bayonetta 2, Super Smash Bros, Super Mario Maker, and of course Breath of the Wild. Pokemon Go and Super Mario Run reached out to a massive net of lapsed gamers, nostalgic gamers, new kids/teens, etc., the NES Classic REALLY grabbing nostalgia this past holiday season, and the Nintendo Switch being an appealing product (so far anyway!) means Nintendo is on an upswing. Also throw amiibo in there somewhere.