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.

Source

Filed under: Nintendo, Switch Tagged: Nintendo, shares, stocks, tokyo

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Author: codymkw

Hey I am Cody I'm a huge fan of Nintendo love all their games favorite is Animal Crossing I'm the leader and founder of SGS & creator of Dark Miiverse umm so theres not really much else I can say about myself! ♥

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