Nintendo shares drop most in two years

After Mario maker not added to the Nikkei 225 Stock Average, shares fall 8.4 percent to ¥10,860 ($109).

Nintendo shares fell 8.4 percent today after the Mario maker was not added to the Nikkei 225 Stock Average. Shares dropped to ¥10,860 ($109) at the close of trading, the most precipitous dip since July 2011, Bloomberg reports.

Prior to today, Nintendo's share value had gained 31 percent this year on reports that the company's listing would be transferred to Tokyo from Osaka in a move that could have seen the stock added to the Nikkei, Bloomberg pointed out.

Last month, Nintendo announced a price cut for the Wii U, dropping the going rate from $350 to $300 for the 8GB Deluxe model effective September 20. The 8GB Basic version will be phased out. Nintendo also recently announced an entry-level portable system, the $130 Nintendo 2DS, which will launch on October 12 alongside Pokemon X and Y.

Nintendo will ship a number of marquee first-party titles in the coming months for the Wii U, including The Legend of Zelda: Wind Waker HD and Super Mario 3D World, but not all are hopeful that the struggling system can regain its footing.

"The early signs of key first-party software inducing a major turnaround in Wii U console fundamentals are not promising, and the outlook for third-party support is grim," CLSA analyst Jay Defibaugh told Bloomberg. "The value of iconic Nintendo franchises may be declining as younger generations discover gaming through mobile devices."

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Discussion

380 comments
Utahraptor_
Utahraptor_

IMO, if Nintendo delayed the Wii U's launch by 1 year (e.g., debut it in winter of 2013), made 32 GB the standard, sold the Wii U console for $250, & debuted the game console w/ Zelda Wind Waker HD, Super Mario 3d World, Mario Kart, Smash Bros Wii U, & a few other less-popular games, then the Wii U would be in much better shape.


Coulda, shoulda, woulda. Now Nintendo wasted 1 entire year with the Wii U, which makes it look a lot worse than it really is. I'm strongly interested in getting a Wii U this winter, but I want Nintendo to provide more games. I don't just want to play 3 to 5 good games on the Wii U.


Zelda Wii U, Metroid Wii U series, Star Fox Wii U, Donkey Kong Wii U, a few party games, & at least 2 new & good IPs (e.g., a 1st person shooter optimized & exclusive for the Wii U to gain some CoD/Battlefield fans & a sci-fi RPG) could help generate large sales for Nintendo. Nintendo obviously needs a lot more 3rd party support for games. Nintendo better have a strong games lineup for the Wii U's third year, fourth year, & fifth year, or else the Wii U & Nintendo could need bailouts, suffer major downsizing, or become a software company for Sony PS & MS Xbox.

ziqi92
ziqi92

Stocks can fluctuate like crazy. A drop like this does not signify the end of Nintendo, regardless of what the haters will say. I'm personally really looking forward to 2014 as a gaming year.

Vodoo
Vodoo

Wow!!! Nintendo really has their fans programmed to justify their shortcomings. You people are naming 5-6 games that will come out and magically the Wii U will be selling like hot cakes. A handful of games will not save an entire system. I think you guys are trying to justify to yourselves that you didn't waste $350 because there's 5 or 6 games that will redeem your purchase so you don't feel that you wasted money on this pos.

SirApathetic005
SirApathetic005

I'm confident in Nintendo. Going into 2014 + all of 2014 looks bright for the Wii U :) Monolith's X game, Bayonetta 2, Legend of Zelda Wii U, Smash Bros. for Wii U (hopefully it comes out that year and not 2015 lol...I think so though since there's no story mode CUTSCENES ; - ; ), and Shin Megami Tensei x Fire Emblem.

Looking good indeed, to me :)

Tiwill44
Tiwill44

I still think the upcoming Wii U games will be a lot more fun and interesting than both the Xbox One and PS4 lineups combined. 

I'm sure things will be looking up for Nintendo after November, once people realize they have no games to play on their brand new hardware (Xbone/PS4).

soulless4now
soulless4now

Can't say this is surprising. Hopefully they'll pick up steam during the holidays. 

Diegoctba
Diegoctba

Well, let's wait for the new Pokemon on 3DS, Nintendo is gonna be really happy after that. :3

Class_Act998675
Class_Act998675

I wasn't keeping up with the internet back during the GameCube era, so was there much complaining about the lack of third-party support back then, even at the tail-end of the cycle? Nobody here better not try to lie about the third-party support for the GameCube. 

I do remember some of the gaming media harping on the fact that there was barely any third-party support. 

Linkwetrust
Linkwetrust

YOU want to make money??? Got one answer.  !.Mario on ps4!!!!!! Bam

randomkidlol
randomkidlol

Typical Eddie article starting up some drama. Also typical of him to state only the facts that shows his ridiculous bias.

Megavideogamer
Megavideogamer

Nintendo has yet to prove the second screen concept via the Gamepad controller. The Wii U needs a stellar Selling megahit marquee game. A remake of a legend of Zelda Gamecube game from 10 yrs ago is not really going to cut it. Most of Nintendo's hardcore Legend of Zelda fans have already played this game. Which despite being in HD only seems to be brighter in color. A cell shaded cartoon graphic cannot really be made any better in HD. just brighter.

Plus another 4 player Super Mario brothers game Super Mario 3D World is not exactly going to inspire much more Wii U sales.  An HD single or 2 player type of Super Mario 64/Super Mario Galaxy/Super Mario sunshine. A new 3D HD Mario game might but even that is iffy since Mario is a little over exposed at this point. 

Where fans were hoping for an HD Metroid Game from Retro studios. They got Donkey Kong Country Tropical Freeze. Which hopefully will be great. But for some reason doesn't seem to be holding up the excitement of the original Donkey Kong Country series. 

The Wii U has to have a breakthru Christmas season. Which is unlikely as the show belongs to the Xbox One VS Playstation 4 launch. Nintendo may be wise to start working on games that use 2 Gamepad tablets which should be the massive selling must have Wii U killer app.

leandrro
leandrro

nintendo sees itself as a toy manufacturer

thinking like that they dont care about most of the gamers think

they just want to sell overpriced stuff for kids

the problem is even young kids of today are capable of comparing visuals with other systems

okassar
okassar

Mama mia. I really think Nintendo should redeem itself by just making another system, with graphics at least as good as X1 and PS4's, for 2015 and screwing the Wii U. Combine with 2 new IPs and masterful extensions of the most popular Nintendo series and you have a winner.

Call it NCore

cf_Kage
cf_Kage

The Wii U is mostly built for first party titles. It is just a shame it takes so long in the cycle for them to be made. In essence, they should of had these games ready for release, so there would have been something truly worth buying it for

AMG
AMG

Nintendo will be fine, but if things don't turn around Iwata may find himself out of a job.

pcty
pcty

Nintendo is not going anywhere. It is still finanncially heallthy so stop the drama.

Daian
Daian

This week on NINTENDOPOCALYPSE watch : shares value plummet. Next week they'll probably be fine, but for now DRAMAAAA!

Stay tuned for the next episode in NINTENDOPOCALYPSE watch.

96augment
96augment

@Utahraptor_ It's unlikely that Nintendo will ever need downsizing or bailouts. They get billions from their handhelds.

uncle5555
uncle5555

@Utahraptor_ "if Nintendo delayed the Wii U's launch by 1 year...then the Wii U would be in much better shape."

Umm not really. Especially when PS4 and XB1 are launching they'd get killed.  They needed system selling software at day 1, a better price (not multi-sku) a better message and most especially a new NAME for the system. 

Wii fans didn't know or care about the system, and everybody else who did care were like it's too expensive and there's nothing to play on it.  Nintendo pulled a Sega (see Dreamcast) only difference is Dreamcast had software to support it.   They might bounce back, but they sure as heck won't be the #1 console this generation like they were with the Wii, that much is for sure.

Coldpain
Coldpain

@ziqi92 I kind of hope it does though. They really pissed me off by not offering any compensation for those who purchased their failing console at full price.

Helios_Sun
Helios_Sun

@ziqi92 Yeah i know ey, people seem to forget that pokemon x and y are due out next month, im sure the share price wont go up at all after massive sales.

Class_Act998675
Class_Act998675

@Vodoo Donkey Kong Country Returns on Wii sold 5 million units, you troll. 

Is it surprising to see a troll like you to ignore those facts? No. Now STFU. 

SirApathetic005
SirApathetic005

@Vodoo Umm, nope. Wii U is getting 3rd party support as well, and lots of indie titles. It's not necessary to name those because it simply goes without saying.

"You people are naming 5-6 games that will come out and magically the Wii U will be selling like hot cakes."

Isn't that what happened with the 3DS?...Good day sir.

abHS4L88
abHS4L88

@Class_Act998675 

Compared to the Playstation and even the XBox, 3rd party support wasn't that strong for the Gamecube, and the mini-disc format didn't help. The Gamecube did get a good amount of 3rd party exclusives but missed out on some major multiplats, most notably Grand Theft Auto San Andreas. 

SirApathetic005
SirApathetic005

@Linkwetrust Lol! You act as though the audience on PS3/PS4 love platformers, and they don't. Rayman Legends' sales prove that platformer lovers are on the Wii U.

Chico86_basic
Chico86_basic

@Megavideogamer Wind Waker HD is not just the original but brighter, there have been some changes to gameplay as well. Mario 3D Land is the equivalent of a 3D HD Mario game for multiple players and also, I'm pretty sure a Metroid game is on the way even if it ends up not being made by Retro.

Tiwill44
Tiwill44

@Megavideogamer

I don't disagree that the Wii U needs a true system seller, but as a huge platformer fan and as someone who never got to play Wind Waker on GC, I'm totally hyped. I can't say the same about the Xbox One and PS4 exclusives - only a very small bunch seem to interest me and their release dates are still TBA.

I mean, in the next 3 months alone, on Wii U, I'll be getting:

- 3 new high quality platformers (Mario, DK and Sonic)

- stuff like Pikmin 3, MH3 and TW101.

- and, of course, Wind Waker HD.

And then in 2014, there'll be Mario Kart 8 and the next SSB.

I don't mean to praise the Wii U or anything, but...

abHS4L88
abHS4L88

@Megavideogamer 

While your opinion is shared by many in the community, the thing is is that it doesn't match up with the sales. Super Mario 3D World looks like it'll definitely appeal to the New Super Mario Bros. crowd while still reeling in those who love 3D Mario games and of the two, which one sees more sales? The New Super Mario Bros. series. Same with Donkey Kong and Metroid. Donkey Kong Country Returns alone nearly sold more than all 3 Metroid Prime games combined. 

McGregor
McGregor

@Megavideogamer Have to agree. While I'm excited for DKC, the game that will sell this system to me will be the next HD Zelda. I don't see that one happening any time soon, so I'll continue to pass and watch the price drop as I wait for the key titles to hit the shelves before I buy.

They must know how important it is to get these titles on store shelves, especially with the PS4/XB1 coming out in roughly 9 weeks.

McGregor
McGregor

@leandrro The real problem is all the kids now want iPads/iPods to do everything with, and be portable. My niece and younger in-laws are all about being able to entertain themselves while they are over at the aunt's/uncles for that mandatory family get together. Now that I think about it, I would have loved to have that when I was a kid.

abHS4L88
abHS4L88

@leandrro 

Because when you're having fun, all you should care about is how things look instead of how fun things are.  

Of course they care about the gamers, the gamers who play videogames for fun that is. 

McGregor
McGregor

@okassar I'm torn on this. While I agree with you on the side that they need to be competitive. I also think they really just need to get the games out for this console that everyone wants. Then work on the next gen hardware that will compete with the PS5/Nextbox. Either that or dump the Wii U now, and have a new console ready to launch by January. It's nearly impossible, but if they allow the new console to play Wii U games, and let users trade their Wii U in towards a purchase price, it may work.

number004
number004

@Daian This program should be called NINTENDOOMED just for the lolz

Utahraptor_
Utahraptor_

@96augment  

I'm aware of that. Probability says you are right, but if Nintendo keeps neglecting enough games for the Wii U & repeats these lousy results for future home consoles, then Nintendo will eventually run into increasingly larger insolvency problems.

The Wii U had a disappointing first year according to sales reports & according to my opinion. I really want a Wii U for Zelda, Mario Kart, Metroid, & more exclusives, but the first year has been a huge letdown for me. I wish Nintendo would make a lot more noise about their year 2 plans to create more hope for Nintendo fans.

ziqi92
ziqi92

@Coldpain @ziqi92 What in the world gave you a right to expect some kind of compensation for a standard $50 price drop? Stop being so butthurt. As a gamer, don't expect to be pampered by the company you choose to support.

SirApathetic005
SirApathetic005

@McGregor Make a new console by January?...There are so many things wrong with that argument dude.

Do you know how much confusion this would cause people who see a new Nintendo console atop the Wii U at stores? Do you know how enraged Wii U owners would be by this? Do you know how much compensation Nintendo would owe those customers who bought the Wii U and supported it by buying games for it, both retail and digitally??

That IS impossible and not an option. Plus, it hasn't even been a year yet. The Wii U will last longer than that, and we won't be able to tell exactly how long it will last until we see how the Xbox One and PS4 do when people buy it and realize most of the games they are getting for it are going to be on the previous consoles...

pcty
pcty

@McGregor I'm not assuming anything just look at their financial report they are ina pretty good shape even with their Wii U fiasco.

b74kd3th
b74kd3th

Their to irrelevant to be doomed

96augment
96augment

@Utahraptor_More games will come to the Wii U. I am not worried about the games. I'm just a little annoyed that it's taking so long. But I'm sure that the wait will be worth it. Maybe Nintendo will do a conference for 2014 games. That would be nice. 

abHS4L88
abHS4L88

@Linkwetrust 

But they won't be able to, being a 1st party is COMPLETELY different than being a 3rd party. Plus it's the link between Nintendo's unique hardware and software that's always made it special or served as a great deal of inspiration for Nintendo's games, remove that and you'll see a developer that's been more damaged than SEGA. 

Sonic was still awesome on the Dreamcast, sure the games haven't aged well but at the time they were amazing. 

abHS4L88
abHS4L88

@Linkwetrust @Class_Act998675 

Do you honestly believe that Mario will be as relevant on another system than Nintendo's? Just as much do you even believe the quality will remain just as high? There was a reason why Sonic went downhill when it became a 3rd party title, because it no longer carried the benefit of being a 1st party game, had to meet deadlines instead of coming out when SEGA wanted it out and had to fight for attention.