The stock market can be an erratic beast, and Nintendo's seen that in the movement of its share value over the past week. A boost prior to the unveiling of the Nintendo Switch was wiped out (and more besides) as investors reacted poorly to the reveal. The start of this week saw a further decline following a Nikkei report predicting that Nintendo would report an operational loss in its financial reports, which will be shared on 26th October.
It's not our plan to cover Nintendo's share value on a daily basis beyond this week, but we thought it'd be worth sharing a little bit of happier news while we can. After the drops of the past two trading days, 25th October saw the Tokyo market close with an increase of 2.98% on Nintendo's shares, climbing to 24,685 Yen.
It's a modest increase, and likely represents the value balancing out after losing a significant percentage in the previous two days.
In any case, the closure of the Tokyo market tomorrow (26th October) should bring Nintendo financial results - they'll likely arrive around midnight Pacific / 3am Eastern / 8am UK / 9am CET. We'll cover the report when it arrives.
[source bloomberg.com]
Comments (50)
It shocks me how investors are pushing so hard against this idea. Maybe not, but it just shows how a percentage of people are only in to financially support a company for monetary reasons rather than the ideas of their creations.
@Haiassai You don't play with real money.
Nintendo should give us more NS news prior to 2017, if any of it is bad news they get it out the way early. If they provide us with specs and features of the console in 2016 they can spend all of 2017 showing why the games are amazing. For me at least, the games are the most important part so if they end with a steady stream of revealing good games for the system I think they should have good launch sales.
Basically I think the reveal was good, even though investors clearly didn't, I am assuming something in the specs or features of the system will draw negative press, and then they can end on a really high note with amazing games and that would be our lasting impression prior to launch.
It's like a yo-yo. Shares go up, shares go down.
There's nothing to worry about. They've been trading for well over 50 years. It's a normal part of trading.
Well only selling 1 to 2 major games this holiday day season can only do so much.
@Interneto exactly. Well said
@Haiassai Investors will be negative towards anything Nintendo throws at them other than smartphone games. The sad truth about the stock market. It's the same with other companies.
Nintendo will prove them wrong next year, as Switch will be a hit (I hope for theirs and our sake).
@HyrulianOfHyrule
Mario Maker 3DS
Pokemon Sun and Moon
Picross 3D: Round 2 (Europe)
Super Mario Run
That's all I can think of. They'll definitely make money from Super Mario Run, and Pokemon Sun and Moon will definitely drive sales. Mario Maker 3DS will probably have a modest number of sales and Picross 3D: Round 2... well, it'll probably sell poorly, even though I love the original.
So weird how the majority of the public is stoked with the Switch but investors aren't. Well, good thing in the end the gamers are all that matter. Ninty can hold out and survive for 5 more months then comes the recovery, assuming launch is as epic as they are hinting it will be.
Must be the shareholders who pay the analysts. It's a vicious cycle of idiocy.
It kind of makes you wonder what Nintendo stated about the SWITCH to the investors. Is there something they're not telling us about it, or is there something that they are hiding from us? There must be something as to why the Shareholders aren't really for the Switch. I'm hoping that it does really well (really hoping for it), but I'd like to now know what nintendo told them too!
It seems no matter what nintendo does or says, nothing makes the investors happy anymore. If the SWITCH turns out to be a big success, what will the investors say then...nothing, because they'll be too busy throwing the money in the air with smiles on their faces!
@JLPick Nintendo told them it had nothing to do with Smartphones. Simples.
Wow. Talk about fishing for clicks.
Maybe the investors rewatched the trailer and realised how awesome it is.
I'm hoping for a little more news from the investor meeting. Those AC and FE apps are due soon. Maybe those will please the investors.
"and likely represents the value balancing out after losing a significant percentage in the previous two days."
Going up today makes sense w/ the financial briefing tomorrow, "buy the rumour, sell the news".
For those unfamiliar w/ stock markets, that means whenever a company announces it has something to say, the price almost always goes up, investors hope they are buying the stock cheaper before it goes up in value w/ the new announcement. Then after the announcement the stock usually goes down b/c nobody is ever happy with what they hear. Such is life.
As hard as I try I can't think of any good surprise news tomorrow that will send the stock price up afterwards.
Maybe if Nintendo officially reveals it IS a touchscreen on Switch, that might help.
Maybe dates for FE and AC on mobile, and an actual date for SMR.
Maybe SNES Mini for summer 2017, N64 Mini after that.
I think it will mostly be bad money numbers and ducking Switch questions though, so down the stock price will go.
Seriously tho, shares are suppsoed to be up and down most of the time, hopefully NLife doesnt intend to do a new article everytime something change lol
@Haiassai That's most investors. The sad part is that the companies basically have to answer to those investors and often do more what they think would make investors happy than what would actually make customers truly happy, especially customers that are a bit less of the casual noob types.
Ha! This just reminds me of the new streepass game, which I can't play anymore as don't have a GAME store where I live.
It sounds silly to buy or sell shares based on flash news.
"Oh, Nintendo is announcing a new console, I'll buy some shares"
...hours later
"Nah, I don't like what they showed, I'll sell the shares again"
I know probably that's not the way it work, but man it seriously sounds like it.
To quote Nintendo Life "In other news, water is wet."
Please stop.
@JLPick
There isn't anything strange. It simply isn't smartphone games, which is what investors and the markets have been pushing and claiming for, even if they are fads like Pokemon Go.
Investors and shareholders don't have any extra info on the Switch. The info they have is what is released on the investors Q&A and meetings, like the one tomorrow, which usually becomes public knowledge.
This is a classic case of investors wanting to follow the short time strategy, good money but ruins the company in the future, versus a long time strategy that is actually sustainable and allows the company to survive.
@Billsama
Actually....... You're not that off the mark.....
If they made a roller coaster based on Nintendo Stock in the last decade it would be one wild ride.
The Pokemon Go spike would probably result in some fatalities.
@Haiassai At the same time, you don't invest in something you don't think will work. Investments involve both invention and marketability. For instance, I'm not going to invest in some fancy gadget that no one will buy.
Yay, bouncing again !
Hopefully Positive Hype until Switch officially released.
I'm pretty sure hardware reveals always damage share price because profits get hit by the cost of manufacturing.
@HappyMaskedGuy
"It's a vicious cycle of idiocy."
What is? The analysts and shareholders? Or the 'journalists' who have been recently reporting on every, single digit change in share value?
I don't want to be a jerk and call people out, but I read a lot of comments from people who have no understanding of how stocks operate. People invest money in these companies to make a quick buck. @rjejr provided the main reasoning behind the stock change. I don't fault any investors who are getting cold feet with Nintendo. The Wii U left a bad taste in investor's mouths and they are concerned if Nintendo can make them the big bucks on the next go round. The people investing big $$$ are not sitting back analyzing if there was A good mix of characters in Smash Bros - they are just out to make money. Seeing a cool console with the hope of amazing Nintendo games headed our way does not get them excited - they want to see retailers making comments about the expect a big first quarter of 2017 because Switch is going to have crazy market penetration.
Perhaps they were hoping for an Android OS on the Switch to integrate with mobile. I'm guessing it's a proprietary OS as usual.
@Billsama That's pretty much exactly how it works, buy low, wait a bit, then sell again, rinse, repeat...
Thankfully most of the minor fluctuations on the stock market have no bearing on reality at large, but since Nintendo aren't telling anything new about Switch for the rest of the year we'll be reading a lot more about Nintendo stock for a while (Nothing at the expense of NLife, there are four games coming, and they need to post something...)
The best thing about the Wii U was it suability to have a separate screen for local multiplayer. In fact, my daughter and I have been playing a lot of Nintendo Land recently.
I may have been willing to buy both a Wii U and a 3DS, but I'm not too likely to want to buy two Swtiches given that they will probably be $450 or so after taxes here in the Great White North. But, that's all the speculating I will do now. Looking forward to the proper reveal.
@invictus4000 it's not weird at all, and it's not "the majority of the public" either that is stoked. It's people on this site and loud Nintendo supporters on social media. The general public is largely unmoved by it, although some thinks it's "neat".
The most accurate and sensical responses I've seen from what we currently know about Switch as of now are coming from folks like these: https://www.nintendolife.com/news/2016/10/analysts_weigh_in_on_the_nintendo_switch_debate
Removing the Nintendo colored glasses, this is largely the feedback that has come from the Switch reveal.
@Samurai_Goroh Exactly the problem. It's a safe approach and brings in money, but that's it. It's safe.
@impurekind Which is odd... because if the customer is happy, in theory, they will purchase it. Of course, it takes a great kind of happiness to move a market rather than a safe bet that pushes money for a quick season.
@TheLZdragon Which I completely understand. It just seems odd that Nintendo has put itself in a situation where investors will only give a thumbs up if it's a mobile hit. To the investor in the earlier article stating his dumbfoundedness to the Switch because we all have mobile devices: this is a home console first. Having that ability to take it on the go, in my opinion, is marketable. Not an immediate cash cow, but an eventual. Clearly they see it differently.
Oh, slightly less doomed than yesterday.
It's funny people who play the stockmarket are portrayed as confident and capable. They must be the most skittish people on the planet. Probably afraid to go to sleep in case something they'd want to prepare for happens.
it will probably stay around the same place maybe slight bumo during december cuz of pokemon and mario run but other than that the real deal wont come till march
Shareholders probably waited Switch Home & Switch Phone. Nvidia-connection opens new possibilities for both of these. Respect for Iwata!
Are we going to make an article every time the Nintendo value goes up or down? Because share values tend to do that... a lot obviously it was going to go up a bit eventually...
@buildz yea I'm only including the 3ds for this year
@WilliamCalley Oh yeah- them too. Now it's a triangular cycle of idiocy
It's a classic. Buy the rumour, sell the news.
This movement bodes well. I might trade some shares within a week or two.
Super Mario Run has to be as easy as Angry Birds. Animal Crossing challenges Clash of Clans. Oceanhorn is selling well. New Nokia's are coming, and they are coming faster than NS. WINTER IS COMING
Got it. Thanks, professor!
@james_squared I don't think is going to be taht expensive. If that's the case, the Switch will price itself over the PS4 and the Xbox (which usually get a lots of bundles and discounts).
I think that Big N should price the Switch at around the 300 dollars mark. There are several similar gaming rigs (witch detachable controls, tablet interface) that are retailing for 400 bucks and don't have the manufacturing prowess of Nintendo partners. I mean, we are talking about a low-resoluttion (by today standards), 9-10 inch tablet, with no Bluetooth (or so it seems) with two controllers and a dock. That is 200+50+50 = 300 bucks.
@maceng Let's hope so, but only Nintendo knows what they will do. That's what makes this so much fun.
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