Klipc reports: On January 11, Nintendo's stock price**5% reached a record high of 7,902 yen, and its company's market value also rose to more than 10 trillion yen.
"Nintendo is one of the three giants of the video game industry, it is mainly engaged in the development of video game hardware and software, and is the pioneer of the modern video game industry," said an analyst at Klipc. Nintendo's success may be due to investors' increased bets on new projects such as the Switch 2 console, as well as Saudi Arabia's sovereign** (PIF) bets on the Japanese ** gaming industry, etc., as well as the remarkable results of the intellectual property business, which has made the market have high expectations for the company's future development prospects, which have all pulled up the stock price**.
Wall Street analysis said: "Since last year, public investment** has increased its stake in Nintendo several times, which also makes the market optimistic about its share price performance. The involvement of Saudi Arabia in the investment market may also bring more development opportunities for Nintendo. "Not only that, but Saudi sovereign** is currently buying Japanese game development studios and anime studios, increasing investment in the Japanese ** game industry, and has become Nintendo's largest outside investor. The ** is now available for Nintendo 858% of the shares, the outside world speculates that it will continue to increase its holdings, and there are high expectations for the company's future development prospects.
Alex Su, an analyst at Klipc, said that looking back at 2023, Nintendo's stock price has risen by 33 for the year03%, with an increase of 162 in the last 5 years54%, now Nintendo has returned to the throne with Switch, both console sales and game sales have been counterattacked, despite the long years on the market, Switch still sold millions of units this year, and sales exceeded 13.2 billion units. The anticipation for the upcoming Switch 2 and a strong lineup of first-party games have ensured the continued popularity of Switch in the market.