Ok people it goes like this. The U.S. stock market has been doing great but that has come at the expense of devaluing the currency, to, amongst others, the Japanese yen. When Nintendo sells a game for $60 US to their biggest market, the U.S., that translates into less Yen for their company, which is bad for shareholders. In short, Japanese economy strength is great for Japan, not so great for Nintendo. That's why Trump yammers on about these countries devaluing their money (obviously false in this case) because it makes their companies favorable to shareholders compared to American companies.
Comments 2
Re: Ubisoft: Players "Don't Get" What Makes NFTs So Beneficial
Your boss: Workers "don't get" what makes long hours, low pay and no respect so beneficial
Re: Despite Increased Sales, Nintendo's Year-On-Year Profits Have Almost Halved
Ok people it goes like this. The U.S. stock market has been doing great but that has come at the expense of devaluing the currency, to, amongst others, the Japanese yen. When Nintendo sells a game for $60 US to their biggest market, the U.S., that translates into less Yen for their company, which is bad for shareholders. In short, Japanese economy strength is great for Japan, not so great for Nintendo. That's why Trump yammers on about these countries devaluing their money (obviously false in this case) because it makes their companies favorable to shareholders compared to American companies.