Nintendo Switch

Nintendo’s Trading Value Rose To The Top Of The Tokyo Stock Exchange During 2016

After a few problematic years, Nintendo performed incredibly well in the Tokyo Stock Exchange during the fiscal year 2016. Nintendo’s trading value rose a monumental amount, reaching 17.6 trillion yen ($157 billion) by March 2017. Nikkei attributes this jump to the success of Pokemon GO and the successful launch of the Nintendo Switch. This is incredibly good news for Nintendo, the chief of investment at Chibagin Asset Management claiming that anyone without Nintendo stock in their portfolio “would lose to the market average”. While Nikkei did predict Sony’s success in fiscal year 2017 owing to their investment in VR, Nintendo seems to be in great shape entering the new fiscal year.

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13 comments

  1. King Kalas X3 {Greatness Awaits at Sony PlayStation 4! Please, Nintendo! Blow me off of the fence at E3 onto your side so I can say the same for Switch, too!} says:

    Let’s hope they can keep this going. And hopefully if Switch does sell as good as Wii, hopefully the console after it isn’t the Switch’s Wii U successor where it ends up a flop after it’s highly successful predecessor because Nintendo got too egotistical & did some stupid shit again for the 2nd time!

    Like

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