Shares of the two largest Japanese game and console development companies have surged in value last week amid the popularity of their products.
Bloomberg edition reportedwhat is market value for Thursday alone Nintendo the Japanese stock market rose 6.6%. The price per share has reached the level of 67,850 yen ($ 647.97) – this is the highest figure since December 2007, when the console boasted a successful completion of its first year Wii…
Meanwhile, the corporation share price Sony grew today by 2.66% to the level 10,025 yen ($ 95.67)… This figure has become a record high since 2001, when a huge hype was around Playstation 2…
Dynamics of Nintendo shares:
Sony stock dynamics:
Nintendo deals only with games and consoles; for Sony, games and consoles are one of the areas, but very serious and one of the main ones in general.
Experts point out that in 2023, both companies have gained a massive boost from the sustained success of their latest consoles and high-profile games.
Nintendo Switch throughout this year showed consistently high sales around the world. How in USAand in EMEAA (Europe, Middle East, Asia, Africa) last month, Nintendo surpassed the recently released PlayStation 5 and Xbox Series X | S in terms of units sold. Nintendo’s biggest hit in 2023, Animal Crossing: New Horizons, became the fastest-selling in its history and surpassed the multi-platform action movie Red dead redemption ii…
In its turn Playstation 5 set an all-time record for starting sales of all consoles, and new Sony games for Playstation 4, such as The Last of Us Part II and Ghost of tsushima, have updated records within the PlayStation brand.
Nintendo and Sony aren’t the only companies to see significant gains in value in 2023. Many other game manufacturers have also risen in price, as a large number of people had to stay at home during the pandemic. It is video games that have replaced many other entertainment. Accordingly, investors saw new opportunities for earning money.
In particular, apart from Nintendo and Sony, record highs on the Tokyo stock exchange were observed in the case of Capcom and Koei Tecmo…
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