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Nintendo Shares Fall One-Third From August Peak, Dip Below ¥10,000

Investor caution reflects cost pressures and a sparse early software slate.

Overview

  • Nintendo closed at ¥9,950 on Tuesday in Tokyo trading, the first sub-¥10,000 finish since April 2025.
  • The price is down roughly 33% from the August 2025 record high of ¥14,795.
  • Kantan Games’ Dr. Serkan Toto says investors are concerned about potential price hikes, a lack of major first‑party titles early in 2026, and reports of US/EU holiday discounting.
  • VGC reports Switch 2 sales slowed over Christmas without a breakout system‑seller, though coverage still describes the console as the fastest‑selling to date.
  • President Shuntaro Furukawa said memory costs and tariffs are volatile and being monitored, noted no immediate earnings impact, and declined to address hypothetical price increases.