Tag Archives: Investors Meeting

Nintendo’s Stock Goes Up After Recent Investors Meeting

Nintendo Stock 5/8/2015

Nintendo’s been doing a lot lately. They’ve released the Amiibos, launched some killer games for the Wii U, came out with the New 3DS, announced they’re moving into mobile, had back to back directs giving us a more in depth look at their games, and even announced they’re working on a new platform. As we saw a month ago, their stock had a huge bump when they announced the mobile partnership and as we learned in the recent investors meeting, they’re finally out of the slump they were in.

Well, there’s some more good news for Nintendo. After the recent investors meeting, we saw Nintendo’s stock jump another 7% to a market cap of ¥3.08 trillion. Their net worth is now at $25.7 billion US dollars. To put this in perspective, at the beginning of the year, their market cap was $14 billion US dollars. That’s a massive increase and judging by the things they’ve announced so far, that could increase again in the not too distant future.

Iwata Reiterates The Wii U Has More Unannounced Titles For Fiscal 2015

WiiUAnnouncedTitlesPreE32015

Nintendo said this before and they’re saying it again. There’s more games in development for Wii U then what they’ve already announced. This is something they reiterated in the recent investors meeting. Here’s what Iwata said exactly:

These are the already announced Wii U titles that will be released in the fiscal year ending March 31, 2016, and there are also unannounced titles that are not listed here. Among these titles, there are games that actively utilize the Wii U GamePad, including several we showed at E3 last year that are considered part of the Wii U GamePad utilization project led by Mr. Miyamoto.

With all of the recent rumors of unannounced new games from Nintendo and publisher support for Wii U it’s going to make for an interesting E3. Luckily, we’ll be getting a lot more information in the very near future!