Nintendo’s stock has climbed 3.9 percent as the company is expected to join Japan’s Nikkei 225 after its yearly review. The Nikkei 225 is Japan’s equivalent to the Dow Jones Industrial Average and is comprised of an index of 225 blue-chip companies traded on the Tokyo Stock Exchange. Companies are included and removed regularly based on performance and eligibility. Other prominent components in the Nikkei are Toyota, Yamaha, and Sony.
Despite ailing Wii U sales, Nintendo’s stock has seen substantial gains this year, as the Reuters article linked above states that the company’s shares have risen 29%. Induction into the Nikkei would likely raise the company’s trading price even higher. The Nikkei as a whole has gained a whopping 33% on the year. A decision on Nintendo’s placement into the Nikkei is to be made this week.