Nintendo’s Share Prices Fall 4.3% After Investors Briefing

stock-market

This isn’t a HUGE deal but once again Nintendo has a bit of a drop. So Nintendo better fix things. But it seems Iwata has made a plan and will start it up soon enough.

Nintendo’s share prices have taken a slight dip after various announcements from their corporate briefing this morning. The company’s shares have fallen to 12,325 yen – making a 4.3 per cent dip at the Tokyo Stock Exchange.

Though it’s not a massive slump in Nintendo’s stock, it’s clear that investors felt today’s announcements – a new business plan encouraging a healthy lifestyle through entertainment, as well as a focus on creating greater ties with consumers through smartphone devices – were less than impressive.

Iwata said,

“I don’t see any path to an earnings recovery in the short term. The business plan was as I expected. I didn’t foresee any drastic changes.”

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