In recent weeks we've posted occasional articles around Nintendo share values, which have generally been a reflection of improved investor confidence heading into a big year for the company. February had been a strong month, with calm markets and faith in planned moves into mobile contributing to a healthy recent increase in share value.
Unfortunately those steady gains have been wiped out by circumstances effectively out of Nintendo's control. Making headlines at present are rapid declines in stock markets around the world; these are the results of many factors, but the sell-offs and panic are prompting some media to talk of 'market turmoil' and panic. European and North American markets seemed to kickstart the problems and the Japanese Nikkei has followed, losing around 5% of its overall value on 9th February trading; that's a significant number.
As Bloomberg reports Nintendo was a company that suffered as a result, and the strengthening of the Yen against the dollar merely exaggerated the issue for Japanese companies heavily reliant on exports. With Nintendo's significant business overseas being a factor it lost 8.8% of its share value in one day, dropping to 15,835 Yen. As you can see in the chart for the last month below, that effectively wiped out recent gradual gains in February for a return to January levels.
The hope will naturally be that markets will stabilise a little after the initial shock this week. It's also worth noting that Nintendo isn't alone in losing a lot of value in the panic; Japanese banks were hit hard, as were companies such as Nissan, Toyota and Panasonic.
Ultimately, Nintendo management and shareholders are left to contemplate a hefty drop in a single day, yet in this case it's less a reflection of confidence in the big N's business, and more an indication of the current economic issues affecting all territories.
[source bloomberg.com]
Comments 34
Noooooooooooo
Meh, the stock markets merely an advanced form of globally solicited gambling. You win some you lose some.
Also @DavidGX meme spree?
It goes up, it goes down, it goes up again, it goes down again etc. . . the issue here is that the Yen is on the
up .
@DavidGX Technically it's NCL that has had the hit, not NOA. So why mock NCL's stock drop based on NOA localisations?
@Serebii Because anger is blind and churlishness blinder.
Please play nice
~Waluigi
@DavidGX I saw that. ONE meme (albeit a somewhat poorly fitting, one I'll admit that) in my Zelda. Whole experience completely ruined.
In all seriousness we're a bit late on complaining about memes in Nintendo games, MASSIVE DAMAGE was used quite a bit in the 4th gen of Pokémon although that one actually fit quite well. One, maby two, memes is about right from what I remember, this one was just a particularly annoying one. Oh, well. Hopefully the reaction will make them consider memes which aren't so bad.
Meanwhile on the world's most popular Toyota Appreciation Website...
@DavidGX wrote: "Take that Toyota. That's what you get for being involved in the same financial crash as the company who had a localisation department that made one vague reference to a meme in one version of a game in an optional bit of text".
Nobody invests any effort trying insult someone for not 'empathising with a big corporation'. Nobody even KNOWS about those people because they generally don't publicise their lack of empathy, in the same way that people don't go around proclaiming, "I have no strong feelings about coffee".
What people do take some pleasure in is pointing out the absurdity of someone who has taken the time and effort to create an account on a Nintendo fan website/forum and uses that account to post about their 'lack of empathy' (which assumes that 'empathy' is really applicable to large corporations, otherwise it wouldn't be perceived as notable to post), and justifies it based on some of the most fantastically inane reasoning the forums have seen in a while.
It's just nice that we can all have something to agree on. Your comment was the pinnacle of undirected churlishness, and this occasion deserves to be marked.
@DavidGX What the hell does memes and Censorship have anything to do with NCL?
I can understand that you not getting the games that you want and make a rant about it, that's fine. But ranting over something that isn't NCL's doing? Really?
@ImprobableToast Fire Emblem Fates uses the It's No Use and You're Too Slow memes from Sonic 06 and Brawl respectively.
@DavidGX generally if you follow it up with the word spree, then that indicates far more than one. This is because you used "and" as a connecting factor rather than to separate the points. So most people would connect spree with both meme and censorship. It's not really down to people's lack of understanding of the English language. ..
So wait I don't get this. If Nintendo is suffering now along with banks and such, then doesn't that mean that other devs like SEGA would suffer the same fate?
@DavidGX It's not saltiness. Saltiness is when the line "So ancient. Much ruin." causes you so much anguish you bring it up in an unrelated topic several months later.
And it's not your position on the issue that I, or anyone else, cares about. Nobody cares that you don't care.
The only things of any note about your comment are the petulancy, 'creative' use of logic, and your desperation to post something 'edgy' being such that you actually feel the need to dress up such a non-comment as 'I don't care about Nintendo's stocks' with what you feel is 'justification'. As if they're being punished by your lack of empathy for sins they have commited in the past.
It's a perfect storm of saltiness, faux-edginess, and churlishness. Although the edginess has stepped down a few notches since you removed the Joker from your profile pic.
Anyway, I'm sure we've both got better things to be doing than engaging in pointless Internet brawls. I think we've made our respective cases.
@DavidGX well you said you're here to mock them in general, on a Nintendo dedicated site, which is not quite the same as simply 'not sympathising with a huge company'. So I'm sure you anticipated a bit of flack
@Grumblevolcano I'm pretty sure there were some in Awakening too, but I can't quite remeber. And honestly those two memes sound like they'd fit quite nicely in Fire Emblem. I don't mind the odd meme here and there in my Nintendo just as I don't mind shout outs to other things (Inigo saving Buttercup, Anna at one point mentions that sacred weapons belong in a museum, DLC featuring Roy and Ike is called Smash Brethren, etc.) It's when it goes out of its way just to shoehorn in the "dank me-mes" that I hate. And like I said Nintendo's been using memes for years, it's just that now memes are mainstream so people hate them now.
Don't care about anything else but I do love that white Nintendo logo on red background.
I'm hoping Nintendo sticks with this for NX and beyond.
As long as the drop isn't because of Nintendo's decisions, I don't think this will be a big long term issue. It may show a lack of faith in the overall market, but it doesn't indicate a lack of faith in Nintendo, and that's what's most important long term. The market will always fluctuate, but if faith in the Nintendo brand stays strong, there's nothing to worry about.
All this analysis of short term share prices is meaningless
I think it would be fun to find a stock on the index that didn't drop yesterday, 900 points is a lot.
Also worth mentioning that most of the Asian markets are closed due to Lunar New Year, some a day, some a week, which probably lead to more selling in Japan as people get out before China opens and things really get bad. Though it's also possible they stabilize, but it will be a rocky week or two until all markets are operating normally.
This is where share holders think of selling stock and investing in a company who's future looks bright.
A gaming company who are not releasing games and who have not shown a diary full of new game release dates for the year, does not look that bright.
If they are asking there share holders to wait for news of the NX, they are gambling a bit. It's OK to appease gamers with old handheld games for the gamepad but share holders are not as gullible. ☺
It's about time Nintendo told us what we are hanging on for and what to expect for the rest iof the year.
@Socar SEGA and other Japanese publishers are definitely affected, but in SEGA's case, I'm sure they were not hit as hard as Nintendo, Nintendo is reliant on selling products outside of Japan. Sure SEGA does sells games overseas, but they are also reliant on many products that are exclusive to Japan, such as arcades, and pachinko (that's a big money maker). Nintendo has very few arcade machines and zero pachiko (to my knowledge), therefore Nintendo is affect more than companies such as SEGA.
Uh guys... Who's this @DavidGX? I'm guessing he made a comment that was deleted by the mods..
@Vee_Flames Yeah, I'm looking at these comments and going "Who is this guy?".
@Vee_Flames I don't think there was anything offensive about it, so I'd be surprised if mods took all his posts down. I think he probably just got tired of multiple people telling him what he'd written was very silly.
I have no idea what's going on 🤔
Release the kraken (pokemon go) and save us all!
A good portion of the drop for Nintendo is due to the weakening of the dollar. A lot of the market issues around the world can be blamed on the same thing. Nintendo is particularly hit hard because they have a larger than normal portion of cash. Investors know this so there has been a sell off.
As much as some people would like to attribute this to no news on NX, Star Fox Zero possibly being delayed, or Mario Tennis Ultra Smash not having enough Amiibo support, that is simply not the case.
What happened was on Friday, the U.S. Department of Labor released the monthly job data and the economic growth data for the previous quarter, both of which were disturbingly low.
The U.S. economy created 151,000 jobs for January, being one of the lowest numbers in this recovery yet.
The U.S. growth for the final quarter of 2015 was 0.7%, which isn't due to weather this time.
The world is very worried that the U.S. will tip into a full fledged recession sometime this year.
Add that to numbers recently out showing South Korean economy is on the verge of a recession, along with Japan in a another recession. India is on the verge of a recession as well, followed by China's economy overheating and crashing you get jittery investors.
Canada, Mexico, South Africa, and Brazil are in steep recessions.
UK economy is stuttering, with it expected to tip into recession this year. The Eurozone is also expected to be in recession this year as France, Germany, and Austria are seeing their economies slow drastically.
All this data came out in the last two weeks.
The U.S. Stock Markets closed down yesterday significantly, as did European Markets. which caused Asian Markets to follow suit.
The U.S. Markets are negative now too and could see another day of big sell offs.
Noooooo! Keep strong Nintendo, you've always got my support!
Ouch, hope things can level off soon.
Who cares, stocks constantly go up and down, it's like the tides.
Besides, stock markets don't bare any significance anyway. I can't take them seriously just because of the fact that they're so heavily influenced by silly emotions like panic in this example.
How is this news if it's not a result of Nintendo's actions?
everything we built in the last week or so is RUINED!!!!!!!
It's the yoyo Yen again, as the Yen goes back to a more normal rate so will the Nintendo stock value.
It has been a very bumpy ride for stocks as of late. We are in a bear market.
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