Wii wows Japan investors

Nintendo scores victory on the Nikkei, just days ahead of the Wii's launch in North America.

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Nintendo shares hit a record high on the Tokyo Stock Exchange Wednesday as investors looked favorably on the upcoming Wii launch. Buoyed by reports that the Kyoto-based console maker would have almost five times the number of Wii units ready for its December 2 launch than Sony had for last week's PlayStation 3 launch in Japan, shares of the company closed up 3.2 percent at 26,750 yen (a little less than $227). In addition, Nintendo said it plans to ship 1.5 million units of the DS in December (in Japan). Reuters said Nintendo shares have climbed 88 percent since the start of the year, outperforming the Nikkei average, which has climbed only 0.8 percent. Intraday trading saw shares trade as high as 26,770 (slightly more than $227) yen, a record high for the company.

Discussion

113 comments
_Sam_
_Sam_

I bet there will be even more profits coming to nintendo ;)

standcm12
standcm12

woohooooooo hopefully i can get the money for a wii soon!

Lumenadducere
Lumenadducere

It's funny, but I was going to get a PS 3 up until about a month ago. All the negative feedback on Sony's console and the stupid stuff some of their reps have been saying have totally turned me away...not to mention the price point. And they're still losing money, even at that price. I'm not completely sold on the Wii yet, but I'm definitely giving it serious consideration. Granted, whatever console I get will have to wait until I scrounge up the money (college student = poor), but the Wii is looking very promising. We'll see how the reviews are when the games begin rolling in.

ryokinshin6x3
ryokinshin6x3

i still see a lot of old problems with nintendo, but wii is definatly gonna bring them bak from the gutter

ScottWevers
ScottWevers

I've said it before, and I'll say it again... Nintendo can get their S#@% together

GsR_lives
GsR_lives

Big *N should turn right around & either: A)buy back stock to increase it's value (don't know if that's common in Japan, but it is in the U.S.) or B)Invest as much $$$ as possible in pumping out thousands of extra Wii systems in the next few weeks. oh...and don't forget the games. A system means nothing if it has no games. Get those First-party games out *N, and your 3rd parties will join you.

HatefulMidget
HatefulMidget

This is very good news for nintendo and i really hope the Wii does well. With most of the launch titles getting good reviews already, and with the innovative control scheme that the public seem to be interested in, this really does show there is big things to come for the Wii.

chrisdojo
chrisdojo

cool. there has been a TON of good press on the Wii as of late too.

amurphy245
amurphy245

shares have climed 88 percent? wow it looks like the slate realy has been cleaned.looks like wii is a sucess before it even goes on sale!

pokeycat
pokeycat

I have an Xbox 360 and am planning on waiting on line to get a Wii. I think the unique gameplay alone will make it worthwhile (plus I cannot wait until Resident Evil 5). IF Nintendo is smart they will use the gameplay experience as the initial bait and for the next-next gen system they can introduce a higher-end model with a better graphics graphics engine.. With graphics and gameplay they will OWN the market.

bong9bs
bong9bs

i think in long run, ps3 will win... but as of now, wii will take control again as dominant gaming industry

MolsonCDN
MolsonCDN

I've been Nintendo'n since the NES and onwards with SNES, N64, GC, and DS. I don't have any interest in PC gaming any more and I really like the Xbox and Game Cube combo I have for the last generation. This generation I already have the Xbox 360 and I am really looking forward to the Wii. Between Nintendo and Microsoft, I will have full coverage of the Gamers’ essentials...with Nintendo as the primary system, as always, and Microsoft to fill the gaps --just like with the last generation. Nintendo's software franchises, imho, is one of the main reasons of why it keeps me coming back to their systems year after year. The hardware has always been great value and very reliable. Like JAREDJR said: "...I kept playing Nintendo games because their games are FUN..."

blue-fish
blue-fish

Sony and Xbox fanboys are going to need all the insults they can come up with when Nintendo's console skyrockets... More Units = more games made for the console, look at the PS2. Whatever headstart Nintendo gets over the PS3 will help them a bundle.

jaggy_12
jaggy_12

i second that motion rusty_13, i second that motion. good point

rusty_13
rusty_13

the ds is selling more than the psp, it's the proof that not everything in the gaming industry is about the graphics

wf6937
wf6937

Quit fanboying it up, everyone! All the systems have their flaws AND their highlights. The Xbox 360 has some games I want to play (Dead Rising, Halo3, and others), the PS3 has some as well (FF series, MGS 4/drool, and more), and the Wii has a bunch as well (Legend of Zelda, Red Steel, etc.). What it comes down to for many people is pricing. The Wii is the most competitive at 250$US. Most of the people who post on any forum, especially gaming sites, are still living with their parents, so money is not as big as an issue (This is not a broad generalization. If your parents are stingy, believe me, I feel your pain). If they aren't that young, then they're adults with steady jobs who can afford a 250$, a 400$, AND a 600$ systems. The reason why the Wii is the most attractive out of the new batch of systems. Those aforementioned stingy parents will not be as unmoveable on a 250$ system as they would a 400$ system. While the Wii's price is quite attractive to many, it is not the sole selling point. There is originality when it comes to the Wii. For less than half a PS3, you get the orignial Wii-mote and nunchuck. Sony shot themselves in the foot when they reveled motion sensor controllers after Nintendo. I'm not saying they crippled themselves from being a major contender in the realm of video games, but they did lose a toe or two. They can still walk, but they're limping and it is noticeable. I do think that Nintendo will win this year. The hype is AMAZING. My mom knew about the hype when the Wii was reveled because CNBC was at E3. The question now is will the Wii live up to the hype. And the Wii's graphics? So far, I'm honestly not impressed. Do I judge a game by graphics alone? Heck no. Chrono Trigger, Chrono Cross, and Legend of Zelda OoT are some of my favorite games! I'm playing through OoT currently. I'm in the Water Temple right now. But what about the other systems? What about the PS3? Will it limp along, or is Sony going to come out strong in the end? How's about Microsoft? The 360 is overshadowed right now, but it will not to be ignored. What it comes down to is realizing all systems this generation are quite exceptional yet have their individual problems. The trick is finding 2 friends, one who has a PS3 and one who has an Xbox 360. Then, buy a Wii and you won't need another system. Take it easy, everyone. Don't hate on each other or flame them (It's wasted energy). Gamers Unite! (if TLDR, all systems this gen rock! find 2 friends, one with a 360 and 1 with a ps3... then get a wii... epic win for you and your friends!!!)

Link521
Link521

Okay look, the Wii is not a GameCube in a pretty new package, it is much more powerful. You guys saying that it has GameCube graphics are right about one game - Twilight Princess, and that is because it is a GameCube port, where the gameplay controls are the only thing that has been changed to Wii level. Besides, the first games out for ANY console never look as good as games that come out on that console a YEAR later because developers are still learning how to use the console to its fullest potential (if you don't believe that then compare Halo and Halo 2 (and yes I know there was more than one year between those games) ). The bottom line is that Nintendo said from the beginning it would not be on par with the PS3 and 360 power wise, but they will always win with great games with amazing stories and gameplay, and isn't that why we play games in the first place?

markshell
markshell

I agree, I'm not excited about Mario Galaxy either... i'm very sure it will be something we've never played or seen in our entire lives and that it will be very interesting and inovative, but man, I would prefer some straight plataforming in Mushroom Kingdom.

markshell
markshell

I'm very sure Nintendo will do great for half of the next-gen lifetime but then it will go downhill fast. Nobody will stand gamecube graphics in like 2009. The gameplay is very important now, but imagine in a few years when all the hype is gone and all you have is the same gamecube games all over... If they don't get some serious third party support they will suffer the time consequence. Like having a PC with 128 RAM and Pentium III in 2006.

Regginator14520
Regginator14520

Nintendo is number 1... and soon everyone will realize that.

Kurtisadei
Kurtisadei

even if the wii is not #1, who cares? who makes all the money? nintendo enough said

mariokart64fan
mariokart64fan

if nintendo can keep up and do what they did with ds then they will retake the number 1 position and that is possibile

GrimBee
GrimBee

I think that the wii will be a massive commercial success, all over the world. Its a new thing for games consoles and I think coupled with the ps3's efforts (with psp and ps3) you will see the industry SPLIT. Before the games industry would be along the same generation, now it seems that the wii might be the successor, but because its vastly different to the ps3 (and 360) this means that if the 360 (or ps3) is successful, AND the wii is, this means the market wil split. Essentially because you arent buying the same kinds of games which will simply be ported over. Now you will see things like call of duty 3, etc, but if games like gears of war become the standard, that genre of graphics (etc) will be left to the 360 and the ps3, whilst the wii will have its very own games. The wii is so unique, that it cant be compared (imo) if millions of people buy it, then the games and amount of games will be fantastic, but because of the hardware the games might be completely different to their 360 counterparts. For example, alot of poor looking games might be far more appealing on the wii than any other console. House of the dead 4, for the ps3 and 360 might not sell well simply because you have to get a gun. But had it of been out for the wii, because you dont NEED a gun it could appeal to more people. Its like the Nintendo DS games (the touch screen and microphone ones) they couldnt be ported to the psp because of the controls and only one screen (its funny when you say that, "its only got ONE screen?" lol) and you can see what happens when you port a psp/console game to the ds... King Kong... ridge racer... burnout... aahahahah! Anyways, I think because of Nintendo you will see the industry SPLIT. Simply because there will be a vast majority of different games for each system. SImply having exclusive titles isnt enough to creat a split. But having exclusive titles because they couldnt be played on any other system due to hardware.. this is a split. I think the wii's price point (and investors can see this too) will appeal to far more people, hence the big launch numbers. Nintendo know this too. The more users means more games. If the wii gets its own niche, this means quality wii-made games (lol! i new slogan!) rather than shoddy ports (ala project 8). The ds is radically different to the psp, games cant compare to eachother. But simple graphics actually prevailed this time! Its what the public wanted, high battery life, fun games... The wii wont have SIMPLE graphics, but it cant do gears of war (imo) but its not crap at all. This means less simple ports, and more exclusively made titles. Like Silent Hill origins or daxter for the psp, same franchises, different games. I think its going to be a great time! i just hope the games are quality and arent just a bunch of mini games. I want a full-blown resident evil game on here, aswell as an exclusive metal gear solid.. and a remade SNATCHER game (perfect with the wii remote).. ah the list goes on!! lol

kails
kails

This years winner is definteily nintendo!!

markbridges
markbridges

Innovation equals profit. Go Ninendo. Congrats on a good year. DS Lite+Wii=GamingGasm.

Warom
Warom

Cant wait for wii in the UK, im sorry microsoft im getting a wii :D

eric2mrng
eric2mrng

thats really good news, few more weeks till uk release!

Ballistic90
Ballistic90

"I'm a Sony fanboy, blah blah blah. Sony can do no wrong, blah blah blah. Sony created gaming and doesn't steal ideas, blah blah blah. Sony didn't screw me over by not shipping enough consoles, they want me to wait for some reason blah blah blah. PS1 has better graphics than the Gamecube, blah blah blah." Seriously, I thought you fanboys were just stupid, not completely blind. Although I have to admit, it's true for ALL fanboys, but still this is getting pretty stupid. I mean, there's a reason why Nintendo's stock is at 26,770 Yen, and Sony's is barely over 4,000 Yen, and it's NOT because they love you. Masochists.

Sonic2batt
Sonic2batt

Whoever thinks that PS2 had better graphics/processing power than either XBOX or Gamecube is an idiot. The only reason why a paticular PS2 game may look better than either of the other 2 systems is not because of the systems power, but because DEVELOPERS put their priorites on the PS2 version and ported them with minimal effort to the other platforms. It takes one look at Bully and GTA to realize PS2 games look like crap half the time. I can look at jet moto and say PS1 graphics suxorz, and then I can look at Tekken 3 and say the opposite. it depends on the DEVELOPERS. That being said XBOX and Gamecube had better HARDWARE than PS2.

Rect_Pola
Rect_Pola

Wow! Nintendo's having a very good year, and it's bid in the console wars hasn't even started yet :D

SpareJesus
SpareJesus

People that still insult the Wii despite the fact that Nintendo are raking it in before the console has even sold means that they're fanboys. Nintendo seem to be the only company making money without even selling anything just yet. People at it, and they make money.

kyosukeugc
kyosukeugc

/me awaits tax season where he can gets his Wii and PS3! and 360 possibly too i guess...

NECR0CHILD313
NECR0CHILD313

Seems it isn't just the DS that prints money

X360PS3AMD05
X360PS3AMD05

Dammit i knew i should've invested in Nintendo :lol:

Thunderjack
Thunderjack

hms michaelot, the gamecube was more powerful than the ps2. Why do you think that the ps2 version of resident evil 4 had downgraded graphics?

LordAndrew
LordAndrew

Impressive. Let's hope the system lives up to expectations.

olthof
olthof

rOCK on Ninty! bring on the Wii!

SulaMoon
SulaMoon

My hopes are still high for the Wii! Lets rock!

exoheather
exoheather

Nintendo just keeps owning it up. Rock on Wii!!!

Dolacide
Dolacide

Nintendo is starting off really good, let hope it continues.

meimnobody
meimnobody

"hmsmichaelot, theres something you need to know. The GC and PS2 are very simliar in processing power and GPU power. Each system has smal advantages over eachother, however in the end they are both quite similar. If you dont believe me, check these out. There is some extra stuff in both of these but try to pay attention to the more important specs" Those specs are very dead wrong. The GC was very close and in some aspects exceeded the xbox. The PS2 was the weakest system. Nintendo used real numbers while Sony uses what the system is theorictaly capable of but as anyone will tell you bottlenecks reduce that power to a fraction of the theortical potential.

bildo2020
bildo2020

hmsmichaelot, theres something you need to know. The GC and PS2 are very simliar in processing power and GPU power. Each system has smal advantages over eachother, however in the end they are both quite similar. If you dont believe me, check these out. There is some extra stuff in both of these but try to pay attention to the more important specs for GC ---> http://www.consoleinfo.co.uk/gamecube.html for ps2 ---> http://reviews.cnet.com/Sony_PlayStation_2/4507-6464_7-30012264.html

Lasafrog
Lasafrog

I love all the current systems, and I look forward to Wii. My gripes with Sony/PS3 are numerous. I feel that Sony has NOT had the consumers interests in mind virtually ever, and while I love my PS2 still, it don't love that I've had to buy 2 of them, just like I did with the PS1. Or that they've lied about problems they've created. Or that they force me to use their proprietary media formats. Or that given the chance to state their minds, the honchos up top generally act smug and pompous, and spit fire at their competitors who do good for this industry I care so much about. If you have a rounded experience with all the major companies in this business, you'll probably agree that Nintendo has always been there to make our entertainment more entertaining, and as a result, they have typically been the most profitable. Kudos to their success, I'm sure it will continue.

n2Deepeth
n2Deepeth

MGS3 has some incredible character models and overall graphics, but the RE games have been a good indication of how good-looking GCN games can be. I had never seen more realistic fire in a video game than in RE4.

Even Rogue Leader, as a launch title, looked fantastic.

It's really how the developers handle the hardware in the end - each console had their showings.

hmsmichaelot
hmsmichaelot

just take one look at MGS3 to know that every single GC title couldnt match it. Only the xbox beat the ps2 in graphics. Its not really a statement...more a fact. And please there arent any responses to this other than "OK you are right now sthu already" As long as youve played mgs3 you know im right.