Lates News

During the global turbulence, Nintendo's strong sales growth has attracted more attention from investors seeking safe havens. As a result, the company's stock price has reached its highest level in two months, rising 7.1% on Wednesday for the fifth consecutive day, fueled by signs of strong demand for the Switch 2 console. Data as of June 11 showed that the highly anticipated new gaming console sold over 3.5 million units in the first four days after its release, far exceeding the initial Switch eight years ago. Shares of other gaming companies have also risen, as the industry is believed to be more resilient to uncertainty in tariffs and deteriorating geopolitical prospects. Square Enix Holdings Co. rose 4.7% and Bandai Namco rose 3.9%.