Nintendo's stock price plummeted, receiving the release date and price of "Nintendo 3DS"

EarlierNintendo announced that the main body price of the new type game machine "Nintendo 3DS" will be 25,000 yen and the release date will be February 26, 2011However, as soon as the announcement was made the stock price of the company plummeted, a surprising event occurred.

Apparently Nintendo's announcement, the market seems to have shown a tough reaction.

Details are as below.
7974 Nintendo Co., Ltd. (Nintendo) Nihon Keizai Shimbun Money · Basic: Stock Price search - chart

According to the stock price information provided by Nihon Keizai Shimbun, Nintendo's stock price is 24,100 yen at the start of trading at 9 o'clock on September 29, 2010 and the closing price at 15 o'clock is minus 780 yen yesterday It seems that it was 3,120 yen.

This is the trend of stock price at 15:00 today. Until Nintendo held a conference on Nintendo 3DS at 14 o'clock, it continued high, and although the price and the release date announced, although the price rose sharply at around 14:30 when new services and compatible software etc. were announced To the result that it plummeted in a visible form from around 14:45 when it was done.


I do not know exactly why the stock price has declined so far, but is that it is a negative image for investors such as not being thrown in during the year-end shopping season and having risen sharply above the previous model?

However, Nintendo 3DS proposes a more attractive title group and a way to play a new game that makes full use of the network, and as well as being able to capture the layer that was once playing with the Game Boy, a negative evaluation I feel like I'm still premature to put it down.

· 17: 32 postscript
In addition, according to the following link, Nintendo saw consolidated earnings forecast for the April-September period of 2010 from the surplus of 70 billion yen to 20 billion yen in response to the yen's appreciation and the release of "Nintendo 3DS" It seems to have revised downward to a billion yen deficit.

Nintendo fell to final deficit · Revised unit sales in the fourth quarter and downgraded significantly for the full year - ITmedia News

(PDF file)Announcement concerning revision of earnings forecast and dividend forecast