Nintendo Shares Have Reached a New All-Time High

Posted by By our-little-miss-is-home December 18, 2024 3 Views 4 Min Read
Nintendo Shares Have Reached a New All-Time High

Summary

  • Nintendo’s stock reached a record high of 9,578 JPY ($62.21) on December 17.
  • This reflects the growing anticipation among audiences and shareholders for the Nintendo Switch successor console, scheduled to be officially announced in early 2025.
  • Analysts predict Nintendo’s value may continue to rise.



The public trade value of Nintendo stocks reached a new high on December 17, peaking at 9,578 JPY for the first time in the company’s history. Nintendo has drawn a large focus among investors and audiences in anticipation of the reveal of its next major console, and share values have reflected the rising excitement for what Nintendo has in store.

Despite Nintendo stock taking a hit back in February 2024, the company has made a full recovery, due in large part to the release of remakes for Paper Mario: The Thousand-Year Door and Luigi’s Mansion 2, along with the launches of Princess Peach: Showtime! and the newest Mario vs. Donkey Kong. While the video game industry has faced tumultuous times since the summer of 2023, Nintendo has proven resilient, even reaching a major new milestone.


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Related
Nintendo Stock is Back Up

Following a recent major announcement, Nintendo stock prices are rising again, indicating a positive reception from shareholders.

Share prices for Nintendo reached a record high of 9,578 JPY on December 17, before closing at 9,490 JPY to end the day’s trading. This marks the highest stock value for Nintendo in history and reflects the growing anticipation among audiences and shareholders for the Nintendo Switch successor console, which is said to be officially announced before March 2025. As reported by Nikkei Asia, analysts also speculate that a recent proposal to adjust Japanese taxes for household dependents aged 19-22 could increase spending power within the age group and thus result in more money being spent by young gamers. Whether this will truly be the case remains to be seen, but investors and fans alike have once again shown a strong interest in the future of Nintendo.


Nintendo Shares Rise to Match Switch 2 Anticipation


Nintendo has previously seen major stock jumps in the run-up to a major console announcement and release, most notably in late 2006 with the release of the Nintendo Wii. The massive success of that console saw Nintendo reach record-high shares in 2007 at a value of 6,780 JPY – a value that has only been matched since December 2023 through its current new high. For an even more astounding comparison, Nintendo shares kicked off the 2000s with a trade value of only 1,710 JPY. The current new record is a jaw-dropping 484.21% lifetime increase for Nintendo shares, reflecting the growing value of both the gaming industry at large and the exclusive offerings of Nintendo. With 2025 poised to offer a new console and more first-party Nintendo video games, analysts are predicting that the value may continue to rise through the new year.

With share prices for The Pokemon Company International, a subsidiary of Nintendo, also continuing to climb, it should come as no surprise that the gaming powerhouse is seeing record-breaking trade values to end the year. Both industry experts and video game fans are keeping a close eye on just how high the Nintendo stocks may climb if the Switch successor announcement is as monumental as many are expecting.


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