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Not too long ago Nintendo unveiled some key points in its smart device strategy to investors, but in the process confirmed that its first app - Miitomo - and loyalty program 'My Nintendo' (part of a new 'Nintendo Account') would be delayed until March 2016. Both were originally expected this year, so that delay and the nature of Miitomo prompted the company's share value to take a dive. It was a drop that knocked about $4 billion off the company's valuation, which then began to level out in early November.

As our goal is to reflect on the positives as much as the negatives, we've taken a look at how Nintendo's shares have progressed in the seven days since our last post on the topic. The outcome is positive, as they've increased on every business day since 2nd November.

You can see this for yourself below, with the closing price on 9th November being 20,820 Yen, an increase of nearly 4% on the previous day.

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As you can see in the results from the past year, below, two major dips in recent times have been followed by steady increases; the drop in September followed the initial appointment of Tatsumi Kimishima as company President, before recovering rather quickly.

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It's another example of fluctuations in the market, but it's pleasing nevertheless to see some recovery in Nintendo's share value. As we've argued in the past, there's reason to be optimistic about what's to come in 2016, and perhaps some investors share that perspective.

[source bloomberg.com]