Nintendo Overwhelmed by Switch 2 Demand, Expands Pre-Order Lotteries

MT Newswires06:41 ET

Japanese Stocks Climb 0.5%

Dow Jones03:01 ET

The Nikkei average rose by 170 yen, continuing to climb, though it faced resistance; it recovered to 35,000 yen in closing price for the first time in three weeks on the afternoon of the 24th.

On the 24th, the Nikkei average in the afternoon session rose by 170.52 yen from the previous day to 30,039.15 yen, continuing its upward trend. The TOPIX (Tokyo Stock Price Index) increased by 8.24 points to 2,592.56 points, marking three consecutive days of gains. The Nikkei average, on a closing basis, recovered to above 30,000 yen for the first time in three weeks since the 2nd (35,725.87 yen). At 9:08 AM, it reached 35,287.95 yen, up by 419.32 yen. In the local US market on the 23rd, President Trump announced a significant reduction in tariffs on China from 145%.

Kabushiki Shimbun02:51 ET

Nintendo (NTDOY.US) Switch 2 is experiencing a hot pre-sale in Japan, expected to set a new sales record for game consoles.

Nintendo has stated that its upcoming Switch 2 gaming console is receiving unprecedented acclaim in the Japan market, and this new product is expected to become the most successful hardware launch in gaming history.

Zhitong Finance02:47 ET

Stocks that moved and those that were traded in the front market.

*Nova Ltd <9519> 654 +49, upward revision of performance to reduce profit decline. *Nomura Micro Science <6254> 2360 +170, expected increase in year-end Dividends. *Sumitomo Electric Industries <5802> 2244 +163, riding the trend of rising Autos-related stocks. *Musashi Seimitsu Industry <7220> 2333 +160, funds are also moving toward Datacenter-related due to the rise in Semiconductors stocks. *Osaka Titanium Technologies <5726> 1624 +109, Boeing's increased production plan.

Fisco Japan00:09 ET

Where to Preorder All of the New Nintendo Switch 2 Accessories

The Verge00:03 ET