Nintendo shares slump as games pipeline disappoints market
FILE PHOTO: A person holds a Nintendo Switch 2 game console’s box as Nintendo starts selling the new consoles globally, at an electronics store in Tokyo, Japan, June 5, 2025. REUTERS/Issei Kato/File Photo
Read a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
TOKYO, June 10 : Nintendo’s shares fell 7.5 per cent on Wednesday after the company’s Nintendo Direct presentation of forthcoming games lacked titles from top franchises such as “Super Mario”.
The Kyoto-based company’s stock price has been hammered by concerns over a lack of high-profile games to build momentum for the Switch 2 gaming device.
The shares are down around a third year-to-date.
The lack of a “mainline 3D Mario” for this year’s holiday shopping season is “commercially meaningful”, Jefferies analyst Atul Goyal wrote in a client note.
Guess Word
Crack the word, one row at a time
Buzzword
Create words using the given letters
Mini Sudoku
Tiny puzzle, mighty brain teaser
Mini Crossword
Small grid, big challenge
Word Search
Spot as many words as you can
The Switch 2 launched last June with titles including “Mario Kart World” and later “Donkey Kong Bananza”.
“Year 2 now enters the holiday window without a franchise title of comparable pull,” Goyal wrote.
Last month Nintendo hiked Switch 2 prices as it grapples with a memory chip price boom, which is also seen as a risk to sales momentum due to its price-sensitive consumer base.
Source: Reuters
Sign up for our newsletters
Get the CNA app
Stay updated with notifications for breaking news and our best stories
Get WhatsApp alerts
Join our channel for the top reads for the day on your preferred chat app
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
About The Author
