Fire Emblem Heroes is just starting to settle into a number of smart devices around the world, and players can decide whether to play through various modes for free or gamble orbs in the 'Summon' part of the game. We're still rattling through for our review and have, so far, had no need to spend money, and as we suggested in our guide for getting started it seems entirely optional (at least early on).

Yet the 'gacha' mechanic, in which you blindly bet orbs to earn new characters and then buy more of the in-game currency with real-world money, is proven to work well in the Japanese market; in the West, though, it's considered to be a controversial business practice by some.
Early on, though, it seems to be paying off for Nintendo in the Japanese market. It's very early so we're not drawing full conclusions yet, but Fire Emblem Heroes is currently top of the Japanese iOS free download chart and third in the grossing chart - that's a fast start. By comparison the latest results on App Annie show it in 33rd and 35th place respective in the UK, while in the US the free download is way up in 2nd place but it's 22nd in the grossing chart.
Notably, the early reception of the game, likely driven by those early revenues in Japan, has prompted a sharp upturn in Nintendo's share value. We previously reported on a drop driven by concerns over Nintendo's financial results, but those losses have now been wiped out. In today's Tokyo trading Nintendo's shares closed on 23,945 Yen, up a whopping 6.33%.

It'll be interesting to see, in the coming days, whether a notable gulf forms between the performance and revenue of Fire Emblem Heroes in Japan and elsewhere.
Let us know what you think of Fire Emblem Heroes so far down in the comments.
[source bloomberg.com, via appannie.com]
Comments 74
Shareholders clearly are nervous people...
Nintendo's share value...now its up, tomorrow its down.
I'm glad, it's a really great game. I love the art style, the controls work great and it's very generous with orbs. Put it this way, you earn 1 orb for each story mode you finish and it's 5 orbs for your first summon (gets less the more summons you do at once). Final fantasy brave exvius gives you up to 50 lapis per story mission (but the 50 is split up into mini goals) and you get one summon a day for 250 lapis (normally 500). Both games give you occasional bonuses in extra orbs/lapis/summoning tickets. I Love both games but I think Nintendo could do really well with this if more people try it out.
I support a separation of church and state between gamers and financials.
I'm a gamer, and really don't care when their stock drops because I know it's just going to rise back up again. And I don't really care when it's soars because I know it'll eventually drop back down. They go up and they go down and they go up and they go down. And at the end of the day, nothing's really changed. And even if it has, it means little to me.
@JaxonH Amen to that!
@JaxonH when you're older than....12....and realize you can buy stock for $20 and sell it for $25 and use that to pay your bills, secure your mortgage and set up retirement savings, you're gonna be so happy...
I've paid here and there for Pokemon Go (impatient guy; want to hatch eggs), but the pricing of the orbs in Heroes to me is too steep.
You're effectively paying £12 to get five characters — at least three of which you won't do much with. And, to me, there's not that same level of drive to get all of the characters in my roster.
Still, it's an ace game, just not one priced right for me to do any microtransactions.
Great game with more depth than many retail games
In chapter five now after I got Marth and Robin five stars from summon and they pretty much carry any battle
Stopped my clash royale for few weeks just because of this.
@russellohh
I'm 33.
Maybe when you're older than.... 6.... you'll realize this is a site to talk about playing Nintendo's games, not trading Nintendo's stocks. When you get older and realize there's actually sites dedicated to talking about stocks and financials... you're going to be so happy.
I made a rule with myself. I will spend $0 if the game was bad, $10 if good, $20 if great. I put that cap in place so I can reward a good game. Any more than $20 and I'm motivating a practice I do not overly agree with.
P.S. 5 Star Cain and Pieri is OP please nerf Nintendo!
@JaxonH A Nintendo website that never mentions how the company is doing, whether or not its expanding, or the price of things... oh my. It'd be just a photo of mario saying "This game is cool i guess".
@russellohh
If they want to give an annual update on state of affairs, that's one thing.
Writing an article every time the stock jumps or dips? That's something entirely different.
It's things like this that make me consider, then reconsider, getting some stock.
@JaxonH its their first in-house mobile game, not like Mario Run or Pokemon Go which were made entirely by other people, or miitomo which is a survey and clothing app. This is the first actual mobile game they made, if that isn't newsworthy then neither is the Switch
My brief time with the game? I like it so far
@JaxonH the website is Nintendo Life, not Jaxon's Nintendo Life. The idea of running a successful website is pleasing as many customers as possible and not just one. If you hate the stock market articles, skip them and don't berate the people who like them. Otherwise people will assume you are 12 for getting hurt feelings over the existence of articles that don't interest you.
The game itself is vastly superior to the Kingdom Hearts mobile game. KHUX is a basic action game with zero depth, and each level is only differentiated through a different background picture, making the game wear very thin after a week. The worst is how it constantly begs you for money.
This game on the other hand has much more depth, doesn't feel like a grind to play and has a decent tactical level to it.
Lost interest in it today in the morning. Then I got a five star roy and been levelling him up to level 15 so far. Think I am getting the hang of it. Been even playing while waiting in line at a supermarket.
Hopefully they will add some matchmaking in the future
@MadAdam81
First of all, my initial comment merely said I support separating financials from gaming, I personally have no interest in them.
Hardly the kind of statement that claims this is Jaxon's Nintendo Life, wouldn't you agree? Or am I not entitled to voice my views?
I didn't berate anyone, and simply made a passing comment... and then got harassed over it all because someone disagreed.
And anyone who assumes that any gamer on a fan site not interested in financials is 12... is probably 12 themselves (that or a self-righteous ***** who thinks talking stocks makes them a big boy with big boy britches). God forbid people who play video games and want to talk about them don't support seeing a headline every time stock jumps. There are many reasons I hold this view, not the least of which is that it encourages the notion that gaming has to be about more than just having fun... has to be about sales figures and stock values and all this other crap that means nothing.
You don't have to agree with me, but I can voice my opinion just like anyone else on the site and don't deserve to be harassed because of it... not by you... not by him... not by anyone.
The hostility around here toward anyone with a different mindset is truly astounding.
I think Fire Emblem: Heroes is very good so far but it just shows how fickle the stock market is. I haven't spent any money on it and won't be either. It's nice as a novelty. I've only 6 orbs left after upgrading the castle to boost exp by 100%. It's enjoyable in bite sized pieces.
Also, can we call summoning what it really is, gambling? Not a cute, innocent word, "gacha". And for some people it is a very problem.
@starman292
Wouldnt say generous. Even though there is still way to go for me I wonder how you will get orbs once you have finished all missions on all dificultie
Love Heroes so far. Have already spent $ and will again. Didn't feel like I had to.. it's a fun game and I wanted to.
I wonder if Fire Emblem Heroes was specifically planned to come out two days after the financial meeting BECAUSE the stock was going to go down for the financial meeting... after all, the stock market seems to be predictable if you expect the exact opposite of logic.
"We expect to earn a larger profit for the year"
Stocks plummet
"Releases a GACHA game*
Stocks shoot for the heavens
Investors drive me crazy. We already knew the game was coming. Investors never seem informed about what is going on. Even when something that was blindlinigly obvious happens stocks shoot up or down.
If this game increases exposure for Fire Emblem for the general and casual gaming audience then I am in complete support of Fire Emblem Heroes.
Thoroughly enjoying Fire Emblem Heroes so far! Only thing I don't like is how you are limited to just 4 characters when in battle.
@JaxonH Completely agree about ignoring stock news. It's just becoming distracting and adds nothing of value to those who come here for what makes Nintendo awesome, the games. It's the new "rumor of the day" type of article, just less exciting due to its fickle nature.
I downloaded it and am actually enjoying it as the mobile game it intended to be. I'm impressed. So now I have to continue playing Birthright, and now I have this FE to play that I actually didn't intend to, lol. Is 2017 going to be the year of FE basically?
That's great! I love the game so far. Hopefully they'll bring the card game over now.
@MadAdam81 I would subscribe to jaxons nintendolife, cuz he talks games not stocks...
Anyhow, fire emblem heroes is great and I enjoy the free to play direction they are going for with their mobile games.
I'm somewhat concerned. Switch presentation and launch of Super Mario Run without microtransactions - share price drops. Launches of Pokemon GO and FE Heroes, games with microtransactions - share price rises. Shareholders are giving Nintendo a clear signal and I don't like what this signal is meaning.
I've enjoyed the game so far. Hard to complain about a free game. I will say that I've felt the desire to pay for items in this game much more than I did for Pokemon Go. Gotta get that 5* Marth!
@Janus1986 Staking huge amounts of money on (pretty much) whether or not the general public thinks a game is "cool", wouldn't you be nervous too?
Basically I think this shows that investors want Nintendo to ditch handheld games & go mobile only... only issue is that the same people pumping money into the stock market have consistently called the death nells on handheld gaming since the 90s and thought the Wii would be the death of Nintendo.
There was an interesting experiment a while back, they had a lifelong stockbroker, a stock-astrologist and a five year old and had them buying/selling stocks for a year. The five year made significantly more than both.
@russellohh People can make money on the stock market, they can lose it too. As with the experiment I quoted above, many people state they can see patterns but the stock market has a huge random element in it. I know people who have put themselves into debt on the market & further debt when an "expert" has tried to invest them out of it. I actually studied the stock market as part of my Statistics A-Level (I was 16, not 12) & my personal opinion is that you can't learn lessons from the market.. be just as prepared to lose as you do gain.
The only news you can gain from a drop in share value... is that the share value has dropped. It needs a sentence maximum really.
@SLIGEACH_EIRE https://en.wikipedia.org/wiki/Gashapon
This is why they are called Gacha games in Japan.
That UK adoption rate is terrible but ah well.
Nothing to see here folks. Its a more core focused mobile game.
@NoNameAtAll @SLIGEACH_EIRE Indeed, that's the etymology behind the word gacha, it makes much more sense to call them gacha games in Japan. However, online purchases & gacha games are infinitely better regulated in Japan as well, with limits to charges & drop rate percentages having to be displayed etc.
I've actually had a few real Gachapon toys shipped over in the past & it's AMAZING what they can fit into small toy capsules nowadays!
Oh, look: Nintendo is losing money. There you go...
Loving the game so far. It does a good job of feeling like "Fire Emblem Lite" and I can see that although not everyone may spend any or much money on the actual game, I can see it generating a new audience onto the great range of retail games.
@JaxonH Having fun? smh
Here's how my Wednesday went if you'd like some company.
https://www.nintendolife.com/news/2017/02/video_nintendo_pushes_the_social_play_angle_with_switch_super_bowl_commercial
I think it started w/ post #82 I made to you. Then #88, #94 and #103. I never replied after that, occasionally I take the advice I'm always giving you.
Can't stop getting orbs. Must get orbs. LOl. I guess Nintendo got me. It is interrupting me from DQ8. Oh well, This is a good one and I think phone games usually stink.
@rjejr
Just another day on the ol' N-Life! 😄
Took a vacation day- just chillin for a nice, long 3 day weekend. Tax returns were deposited yesterday, along with a nice paycheck today, so I'm all buffered up for the $1500 Switch launch and $500 Feb-April games releasing on the other consoles (granted, I've got a Switch and Zelda Special Edition and set of Zelda amiibo ordered for Sinalefa, so some of that expense will be refunded).
Man, have you seen how small the Switch actually is? It's way smaller than you'd expect. Like half the mass of a Wii U Gamepad. And when you think about it... that's the entire console. The entire console is half the size of the Wii U controller lol. How they managed to cram enough power in there to land it between a Wii U and Xbox One... its perplexing. Really you should take a look at some of the screenshots comparing the Switch to 3DS and Wii U. Even the Switch in the dock is about the size of the Gamepad!
https://mic.com/articles/167515/nintendo-switch-vs-wii-u-game-pad-20-comparison-photos-with-wii-u-3ds-i-phone-and-more#.qmQYS6LaQ
@JaxonH I agree with you about that stock news.
I also already wrote under the last news where Nintendo "took a hit" that this isn't really worth mentioning as it has barely gone down at all. This now just proves that, it has suddenly gone up higher than before the said hit.... This is just normal everyday business.
News like that really shouldn't be important for us on a site like this.
Now if the value suddenly went up or down by an extrem amount, I could understand.
So far I like it alot, alot more than I thought I wasn't expecting it to be so close in likeness to the main series on Nintendo consoles for me its been a nice little surprise I hope Nintendo a ton of success with this one very very nicely done .
@JaxonH Haven't seen one yet, not in much of a rush I guess since I know we're good until Mario, but I always figured people were going to be surprised at the size. I think the fact that they picked the same size screen as the Gamepad, 6.2", gave people the wrong idea. Gamepad is a bulky game controller, it was that way since day 1, Switch is a tablet-like device, not the same thing. I've been carrying around several 7" tablets the past 4 years - also why I've never thought this was too big to carry around - and even those just keep getting smaller and smaller. A 6.2" screen in that form factor I knew was going to catch a lot of people by surprise who have had a Wii U Gamepad or a small 3DS screen. It looks really nice w/ the Joycon on it as well, a bigger Vita. I get the feeling a lot of Ninteod fans haven't owned a Vita b/c they'd have no reason too. Screens are close in size, 5" v 6.2" so maybe 25% larger, body's are not even close Gamepad looks 300% bigger.

But yeah, portable mode always looked good to me, 6.2" multitouch screen 720p tablet w/ "normal" controls (normal to me being Dualschock) on the sides, that's a lot in peoples heads that was going to come across as small in their hands. And anybody used to those low-res 3DS screens was going to go gaga over a 720p screen.
I like the game. A lot more than I thought. But I have stated the gacha mechanic is one I despise and one that will actually make big N the most money.
The lesson here is forget charging premium prices for a premium game. Get it out free, and have a concept like gacha that will get a hundred thousand to drop $5, and investors all the sudden are in love. It's the sad state of mobile gaming.
@JaxonH I agree with you and your comments and yes you should be able to voice your view as you did in a respectable way without someone coming at you in a childish, shameful, derogatory way . I like this site because the community is almost always respectful and friendly and it would be awesome if it could stay that way, if people want to be ignorant there are other more welcoming sites for you like ign .
@Pikachupwnage Traders and in particular the day traders and short term investors are generally utter morons and it's absolutely amazing they have the money to trade to begin with. They are investing in things they do not understand, and do not care to understand. It's effectively computer generated trading that sees a spike and calls to get in on it, sees a dip and SELLITALL! They see a known brand with a high market cap and just wait to buy on any and all news or uptick. Then sell on any or all news or slight drop. It's big money shaving the pennies off those subtle differences. But these folks then try to use their purchase to affect decision making at large companies that would harm the company but boost their short term earnings.
One thing you can bet is every one buying and selling during these daily swings has no idea whatsoever what Nintendo actually does, what their market is, what their prospects are, how their industry works, or what the traditional business cycles are within that industry. The big investors do. But not the ones driving these visible spikes. They just see the big magic numbers moving and want to ride the wave or get off while it's in their favor. I've often wondered what would happen to the world if all markets worldwide forced 1 year minimum holding on any shares, gutting the day traders and speculators. Would business get more stable and make less self destructive decisions, or would investment funds simply wither?
I agree with others though, every minor stock movement really doesn't need to be reported. Only the speculators themselves actually care. The big investors know to ignore it, as does the company. They are about the average and trend, not the daily movement.
Shareholders make money outta booms and busts.
@JaxonH Jaxons Nintendo Life... I kinda like it! I like your positivity, energy and enthusiasm for games, in particular Nintendo, I'd visit your site! 👍
Why is this news? The stock market, by definition, is all about ups and downs and tends to go up when investors smell money.
@Elanczewski They want Nintendo to go third-party and make games for other platforms. That's why Nintendo's push into the mobile market is a double-edged sword.
On one hand, it has given Nintendo some of their biggest success stories in recent years and has helped boost their brand and IPs. On the other hand, it negates Nintendo's biggest argument they have used for years that their games are built for their hardware, and that something special would be lost if they started porting their games to other platforms.
Nintendo also walked into a market that had been dominated by other major players for years, one that Nintendo did not have control over the hardware and they have become one of the biggest players in the mobile market.
I think the reason why investors are so unsure about the Switch is because they think Nintendo will make more money being a third-party developer. In their opinion, Nintendo's greatest strength is not their hardware, but rather their IPs themselves. And that by putting Mario on the PS4 and Xbox One, they would attract a larger audience of player to their games, including lapsed Nintendo fans who stopped buying Nintendo hardware years ago.
In the end, Nintendo's next move depends on how the Switch does. If the Switch flops, then Nintendo's best move will be to move to the Playstation, Xbox, and PC and sell their games there along with keeping up their mobile efforts. If the Switch does well, then these investors will likely back off as long as the Switch sells...
But right now, all investors see is Nintendo coming off a failed home console, a handheld system that has seen its market share drop from the heights of the DS, and a successful move into mobile gaming.
Which makes them uneasy about new Nintendo hardware when conventional wisdom to them is that Nintendo could make tons of money selling on the PS4, Xbox One, and PC on top of mobile devices and stop making their own hardware.
I doubt investors will ever be happy unless Nintendo becomes a third-party.
@Dangerous25
Hmmm, I like your idea, I'd almost give it Jaxon's Seal of Approval 🤗
@rjejr
Oh btw, Fire Emblem Heroes is pretty good for a mobile game. A little tempting to go all in on the 140 Orb jumbo package for $75 though lol... I've gotta tread lightly here
Surprised you haven't given it a spin by now, being such a big tablet guy
The real story here is Fire Emblem hitting the Japanese mobile market where it is at. That's good news for many reasons, not least of which is the multiple traditional games on Nintendo's key hardware unrolling this year and next(?). It's good for Nintendo's core business and supporting interest in Nintendo Switch.
@NEStalgia You are now officially my go to guy for the money perspective. (Really it was the exchange rate thing).
Another day in the nonsensical roller coaster that is the stock market. Still, this is good news!
@JaxonH You're official seal of approval is from "adult photo sharing"? Kind of afraid to click on that link.
FEH - downloaded on my phone, need my NNID and pswd, have no idea what they are which si why I write this stuff down, but lost the paper recently. My tablet - "being such a big tablet guy" that was pretty funny - needs 9.7MB more of free space. Which is kind of annoying b/c I have 522MB free, and 674MB in cache and 424MB in misc that I don't know what they are.
@rjejr
Lol they have a parental control section so you can separate uploads as "adult content" or "kid friendly" (not that kind of adult content, just stuff you don't want a minor to see like pics of you standing on your hands with a beer funnel, or any content that may be inappropriate for minors). I think it's just defaults to the adult category if you don't choose the other one
@JaxonH "not that kind of adult content"
Sure sure. It's ok, we're all friends here. What happens on NL stays on NL.
I am happy for Gachapon whales to be funding Nintendo instead of SUpercell's rubbish
Yay! I got a 5-star Lyn character!
... I'm part of the problem now. *sigh
@Grawlog You get orbs if you beat a mission the first time on all three difficulties, right? So if you play Normal, then go back and play Hard and Lunatic, could you end up with 20 orbs total per chapter?
@Grawlog Thank you for the helpful answer! I don't have any five stars yet, but I have two four stars and I think I can manage. As for stamina, you can go over your limit so I'm currently at 92/50
What level do you recommend for lunatic?
@Zadaris I know what you mean. Even Call of Duty could not tempt me to throw money into a pit for a chance to maybe get a legendary gun.
But this game? I'm tempted to throw money at the game to get a five star Lucina, and that's not even counting the fact that the cast from Sacred Stones and the Radiance games are not in the games yet, so I'm gonna be tossing money to get characters like Ike.
This is the perfect game for Nintendo to make into a micro transaction model. So many people are attached to the characters from Fire Emblem, they will plunk money for a chance to get a character they really like.
@JaxonH You complained that they reported on stock prices and said they should only do so once a year and really it's hilarious that you made that demand and then Trump like pretend you didn't make that demand.
@MadAdam81
You have no idea what you're talking about. Go back and read my original comment, post #6... Thats not a complaint.
What I said after was, and I quote, "If they want to give an annual update on state of affairs, that's one thing.
Writing an article every time the stock jumps or dips? That's something entirely different"
I said this in response to a person harassing me, making it clear I have no issues with an update once in a while, but I do not support making headlines every time the stock takes a turn. That is not complaining- that is clarifying my stance. That is saying "here is what I support, here is what I do not support"
Neither is it "making a demand". I suggest you find someone else to harass because I've done nothing more than voice my personal opinions- I have made no complaints nor have I made any demands.
I have only spoken in reason and logic in voicing my personal views. You, however, have been combative from the get-go, even going so far as to fabricate a scenario that never even took place to justify your irrational, ill-informed, unjustified lashing out.
I suspect that you were skimming comments and happened upon my 2nd post, without reading my original post, and then just assumed that was on here complaining- which I wasn't- and if you would have taken five seconds to go read the post I had made beforehand you would know that. And judging by the 30 or so agrees, I can safely say just about everyone in this comment section sees your ignorance, which you are only making look even worse the more you pursue this.
@aaronsullivan Very good point. Though I'm not sure if it's a sign of FE being a hot property in Japan right now, or if Japan will just follow whatever new gacha scheme appears, wherever it appears. I'm OCD enough, but, dang, that is one entirely otaku civilization.
LOL you can probably do much better than me on the financials. Like I said to someone else I know enough to now something, which isn't nothing. Mostly I approach it with common sense....which is typically the worst way to approach the market
It's good for a mobile game and a nice distraction but it's far too basic to invest any real money into it, not to mention the random nature of whether your hard earned money will actually net you any rewards of use. Mobile gaming is in an awkward place where you either make a poor game and get people to drop bits of money or make a good game and hope they buy it. Yet weirdly most seem to prefer spending lots of money over time on the rubbish game rather than just buying a good one
EDIT: Ok, I must to retract what I said here because my japanese friends show me today that nintendo is apologizing to the users in the japanese official site of FE Heroes. There are users with the same trouble all around the world, including Japan too.
Of course the game and the on-line service is perfect in Japan !! But for some westerns user is really Impossible to play, it's crashing down everytime...
I Reported it to nintedo ( you can do it since the game menu before you press start ) 4 times in 3 different languages and they don't do nothing...
We're losing the starting event
I feel like since few years ago nintendo never work well for the westerns regions... They only cares about Japan... I'm starting to become really tired of how nintendo treat with us...
@YouSeemFRAZZLED
You have really pretty backgrounds along with chibi style characters until a battle where you see full art of the characters while they attack. It makes the whole thing look very polished IMO.
@Manjushri Stealing that free to play game. HANG THEM
I'd play it if I could get past the 3101 error.
Seriously, does Nintendo ever launch on iOS and have it actually work from the start?
I don't think the success of these smartphone games is supposed to be judged on a financial basis... I don't think Nintendo are actually intending to make much money from them... just enough to offset the cost of making them.
The real intention behind these games appears to be as a form of marketing... drawing in more users from the smartphone game market.
In this sense, it would be obvious for them to choose Mario first (being Nintendo's mascot franchise), and Fire Emblem makes sense when you consider they have Echoes and Warriors coming this year, and the untitled Switch game... they're getting more people interested in the franchise before the new games are released.
Blew $15 on orbs. Didn't get who I wanted. Uninstalled.
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