Joystiq http://www.joystiq.com Joystiq http://www.blogsmithmedia.com/http://www.joystiq.com/media/feedlogo.gif Joystiq http://www.joystiq.com en-us Copyright 2013 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Nintendo consumes mushroom, stock grows over 7%]]>http://www.joystiq.com/2013/03/08/nintendo-consumes-mushroom-stock-grows-over-7/http://www.joystiq.com/2013/03/08/nintendo-consumes-mushroom-stock-grows-over-7/http://www.joystiq.com/2013/03/08/nintendo-consumes-mushroom-stock-grows-over-7/#comments Nintendo has enjoyed a healthy bump in its stock price. Thanks to a weakening yen and an upswing in the US job market, the company's stock was up 7.38 percent as of the market closing on March 8, up to ¥10,330 ($110). Other Japanese companies, as GamesIndustry.biz notes, have also benefitted from the improving US economy and weakening yen, including Sony, Konami, Capcom and Namco Bandai.

A weak exchange rate is good for Nintendo, as it improves the number of yen earned per US dollar spent on its products. The downward trend in yen value recently boosted Nintendo's financial outlook for its fiscal 2012, ending March 31, despite the company dramatically reducing its hardware sales target for the Wii U and 3DS.

JoystiqNintendo consumes mushroom, stock grows over 7% originally appeared on Joystiq on Fri, 08 Mar 2013 12:15:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>3dsdsexchange-ratenintendowiiwii-uyenFri, 08 Mar 2013 12:15:00 EST<![CDATA[Rumor: PS4 in Japan later this year, will cost more than $400]]>http://www.joystiq.com/2013/02/06/rumor-ps4-in-japan-later-this-year-will-cost-more-than-400/http://www.joystiq.com/2013/02/06/rumor-ps4-in-japan-later-this-year-will-cost-more-than-400/http://www.joystiq.com/2013/02/06/rumor-ps4-in-japan-later-this-year-will-cost-more-than-400/#comments Report PS4 will arrive later on this year, retail for $500 in the USThe PlayStation 4 - which is currently expected to be announced on February 20 - will be available later on this year in both Japan and the US and will carry a hefty price, according to a translation of a report found in respected Japanese newspaper Asahi Shimbun. The Japanese version, says the translated report, will cost "greater than 40,000 yen," which means it will be more than $400 there.

Asahi adds there will be a rush to meet sales demands on both sides of the world, but the paper doesn't specify a US price; however, the PlayStation 3 launched at $500 when it came to North America, and cost 49,980 yen in Japan, around $535. So Asahi's report suggests that whatever the next generation PlayStation's price is, it will likely be slightly cheaper than the PS3 was at launch.

There's also no mention of a European launch, and the PS3's launch was indeed delayed in Europe by hardware shortages. Hopefully, Sony will clear all this up on February 20.

JoystiqRumor: PS4 in Japan later this year, will cost more than $400 originally appeared on Joystiq on Wed, 06 Feb 2013 21:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>announcementasahi-shimbundollarsjapannext-genorbisplaystationplaystation-4priceps3ps4sonyusyenWed, 06 Feb 2013 21:45:00 EST<![CDATA[Final Fantasy XIII sales plunge in Japan]]>http://www.joystiq.com/2010/01/02/final-fantasy-xiii-sales-plunge-in-japan/http://www.joystiq.com/2010/01/02/final-fantasy-xiii-sales-plunge-in-japan/http://www.joystiq.com/2010/01/02/final-fantasy-xiii-sales-plunge-in-japan/#comments According to unofficial sales numbers from Japan, Final Fantasy XIII has fallen down to number four on the sales list over there, after a very big million-plus release day and a record-breaking first week. But otaku take heart: even though sales of the game dropped over a million units in the second week, this wasn't unexpected.

Final Fantasy games always tend to take a dip after the "day one purchase" audience gets their copies. The last iteration of the series took a 1.5 million unit hit in week two. But even with the lower sales, about 200,000 copies were traded for the appropriate cost in yen, which indicates Square Enix is likely still on track to meet or exceed its six million target worldwide. That's a lot of chocobos.

Gallery: Final Fantasy XIII

[Via Kotaku]

JoystiqFinal Fantasy XIII sales plunge in Japan originally appeared on Joystiq on Sat, 02 Jan 2010 19:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>chartschocobodropfinal-fantasyfinal-fantasy-xiiigamejapanjapanesereleasesalessquare-enixtargettargetsyenSat, 02 Jan 2010 19:00:00 EST<![CDATA[Strong Yen could see lack of Wii bargains this holiday season in U.S.]]>http://www.joystiq.com/2008/10/24/strong-yen-could-see-lack-of-wii-bargains-this-holiday-season/http://www.joystiq.com/2008/10/24/strong-yen-could-see-lack-of-wii-bargains-this-holiday-season/http://www.joystiq.com/2008/10/24/strong-yen-could-see-lack-of-wii-bargains-this-holiday-season/#commentsFiled under:

Analysts think that due to the continuing decline of the U.S. dollar and the 13-year high for the Japanese Yen, you won't be seeing too many hot deals on Nintendo's Wii this holiday season. With the Yen being so high, it drives up the cost of Japanese goods for U.S. retailers. And, seeing as how the U.S. economy has been in such bad shape all year, merchants have discounted their goods to offset that fall to a point where they can't afford to lower prices to attract customers any more.

Wii Fit, one of the items analysts see as being a must-have this season, could be most affected. With the profit margin on it so small (same goes for the Wii console itself), retailers can't afford to cut prices. One positive thing to come out of this, however, is that the Euro has been on a decline, as well. This means that Nintendo should be shipping more to the U.S., whereas in the past, Nintendo focused on Europe first.

Gallery: Unwrapping Wii Fit

The box arrives!Batteries

JoystiqStrong Yen could see lack of Wii bargains this holiday season in U.S. originally appeared on Joystiq on Fri, 24 Oct 2008 15:21:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>businessdollareuroeuropeholidayholidaysjapannorth-americasalessalesfigureswii-fityenFri, 24 Oct 2008 15:21:00 EST<![CDATA[Nintendo shares jump to record high]]>http://www.joystiq.com/2007/10/03/nintendo-shares-jump-to-record-high/http://www.joystiq.com/2007/10/03/nintendo-shares-jump-to-record-high/http://www.joystiq.com/2007/10/03/nintendo-shares-jump-to-record-high/#commentsFiled under: , ,

Wall Street reacted favorably towards the House that Mario Built on Wednesday as Nintendo shares rose to a record high before closing up 2.7 percent at ¥64,800 ($555). The surge in stock price echoed Goldman Sachs' decision to cover Nintendo's stocks; the investment bank offered up a "buy" rating with a target share price of ¥71,000 ($609). In addition, and as if to brag, Nintendo raised its earnings expectations for the second time this business year to ¥370 billion, which amazingly is still well below analyst predictions of ¥415 billion.

Nintendo can thank the continuing success of its Wii and Nintendo DS platforms as the drivers behind its most recent success story, while Goldman Sachs lays equal praise at the company's 'talent in creating new markets,' noting that this could bring Nintendo's stock into alignment with that of Apple. Seems reasonable enough to us. Nintendo's product's already look the part, why not go all in?

JoystiqNintendo shares jump to record high originally appeared on Joystiq on Wed, 03 Oct 2007 11:58:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>DSGoldman SachsGoldmanSachsnintendorecordhighsharesstocksWiiyenWed, 03 Oct 2007 11:58:00 EST<![CDATA[Nintendo officially bigger than Sony in Japan]]>http://www.joystiq.com/2007/06/25/nintendo-officially-bigger-than-sony-in-japan/http://www.joystiq.com/2007/06/25/nintendo-officially-bigger-than-sony-in-japan/http://www.joystiq.com/2007/06/25/nintendo-officially-bigger-than-sony-in-japan/#commentsFiled under: , , , ,

After months of outselling Sony hardware in both North America and Japan, Nintendo has edged past the electronics giant in the one area that really matters to gamers: market capitalization! Reuters reports that Nintendo's Japanese shares have quadrupled in the past four years to a total value of 6.54 trillion yen ($52.76 billion), just ahead of Sony's 6.5 trillion yen ($52.44 billion) [update: fixed typo] market cap. That's a massive 0.6 percent lead!

Before you trade in all those classic Pokémon cartridges for Nintendo stock, be aware that this sector of market is prone to swings. "This is one of those companies that is not exactly making daily necessities. One negative factor and shares could take a dive," Mizuho Securities analyst Takeshi Koyama told Reuters. And don't disregard Sony just because they're technically slightly smaller -- despite their troubles, Sony Corp. stock has risen 67 percent in the last two years, ten percent ahead of the the Nikkei average.

Previously: Nintendo closing gap on Sony's market value

JoystiqNintendo officially bigger than Sony in Japan originally appeared on Joystiq on Mon, 25 Jun 2007 10:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>DSJapanmarket capmarket valueMarketCapMarketValuenikkeinintendoPS3PSPsonystockWiiyenMon, 25 Jun 2007 10:30:00 EST<![CDATA[Nintendo raises profit forecast....again]]>http://www.joystiq.com/2007/01/10/nintendo-raises-profit-forecast-again/http://www.joystiq.com/2007/01/10/nintendo-raises-profit-forecast-again/http://www.joystiq.com/2007/01/10/nintendo-raises-profit-forecast-again/#commentsFiled under:

BlingNintendo's stock has been going up like ... like, um ... like Apple's stock! But not even the bookies could predict such a dominating performance (sorry, I just couldn't resist that link ... go Gators!), and as such, Nintendo has had to once again raises its profits forecast thanks to extremely strong game sales for both the Nintendo DS and the Wii. How much, you ask? One billion dollars. That's USD, folks.

We also have a gem of a quote from one Edwin Merner, president of Atlantis Investment Research Corp. in Tokyo: "Nintendo is going like gangbusters, and the Wii consoles are selling like hotcakes." Gangbusters, huh? According to UrbanDictionary.com, a gangbuster is: "a sexual advance made by someone in an attempt to turn on another person." Hot, Edwin. Very hot.

JoystiqNintendo raises profit forecast....again originally appeared on Joystiq on Wed, 10 Jan 2007 18:12:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>BlingCashDSForecastGamesJapanMoneyNintendoProfitRaiseUSDWiiYenWed, 10 Jan 2007 18:12:00 EST<![CDATA[Nintendo raises profit forecast....again]]>http://www.joystiq.com/2007/01/10/nintendo-raises-profit-forecast-again/http://www.joystiq.com/2007/01/10/nintendo-raises-profit-forecast-again/http://www.joystiq.com/2007/01/10/nintendo-raises-profit-forecast-again/#commentsFiled under:

BlingNintendo's stock has been going up like ... like, um ... like Apple's stock! But not even the bookies could predict such a dominating performance (sorry, I just couldn't resist that link ... go Gators!), and as such, Nintendo has had to once again raises its profits forecast thanks to extremely strong game sales for both the Nintendo DS and the Wii. How much, you ask? One billion dollars. That's USD, folks.

We also have a gem of a quote from one Edwin Merner, president of Atlantis Investment Research Corp. in Tokyo: "Nintendo is going like gangbusters, and the Wii consoles are selling like hotcakes." Gangbusters, huh? According to UrbanDictionary.com, a gangbuster is: "a sexual advance made by someone in an attempt to turn on another person." Hot, Edwin. Very hot.

JoystiqNintendo raises profit forecast....again originally appeared on Joystiq on Wed, 10 Jan 2007 18:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>BlingCashDollarsForecastGangbusterMoneyProfitRaiseUSDYenWed, 10 Jan 2007 18:00:00 EST<![CDATA[Wii sells a cool million in Japan]]>http://www.joystiq.com/2007/01/10/wii-sells-a-cool-million-in-japan/http://www.joystiq.com/2007/01/10/wii-sells-a-cool-million-in-japan/http://www.joystiq.com/2007/01/10/wii-sells-a-cool-million-in-japan/#commentsFiled under:

Like Roman conquerors of old who have returned to the city after taking a foreign territory and assimilating them into the empire, we blow our trumpets to herald this most excellent of occasions. We're happy to report, by way of Famitsu, that the Nintendo Wii has sold an excellent one million consoles in Japan. Since launching on December 2nd in Japan, the console has sold exactly 1,135,671 units.

Now that is damn impressive for just over a month of being on the market!

JoystiqWii sells a cool million in Japan originally appeared on Joystiq on Wed, 10 Jan 2007 10:45:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>famitsujapannintendonintendowiiwiiyenWed, 10 Jan 2007 10:45:00 EST<![CDATA[Nintendo to launch 200 million dollar ad campaign]]>http://www.joystiq.com/2006/11/13/nintendo-to-launch-200-million-dollar-ad-campaign/http://www.joystiq.com/2006/11/13/nintendo-to-launch-200-million-dollar-ad-campaign/http://www.joystiq.com/2006/11/13/nintendo-to-launch-200-million-dollar-ad-campaign/#commentsFiled under:

More of this? Yes please.
Nintendo has this nasty tendency to make money with their consoles, despite often being seen as the "loser" in the reputed console wars. Their stock holders are generally quite happy, especially in recent times, and believe it or not, Nintendo has a war chest of something like ten bazillion yen. Certainly a large R&D budget went into developing Wii technology, but everyone knows that the system is essentially a calculated risk. Nintendo needs to push its new brainchild, and it needs to push it hard; thus the chest springs open yet again.

A recent Bloomberg article states that Nintendo will launch a year-long, $200 million ad campaign for the Wii. Further, 80% of that money will be solely devoted to marketing toward non-gamers, attempting to expand their market into the coveted (and excuse the generalization) "old people and women" demographic. That's a whole heck of a lot of money to get the word out ... be sure to do your part and invite your baby boomer neighbors for a quick session of Wii Sports.

[via Joystiq]

JoystiqNintendo to launch 200 million dollar ad campaign originally appeared on Joystiq on Mon, 13 Nov 2006 08:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>200AdBloombergCampaignDollarsLaunchMillionTwo HundredTwoHundredYenMon, 13 Nov 2006 08:00:00 EST<![CDATA[Japanese first-party PS3 games ¥5980 ($50 USD)]]>http://www.joystiq.com/2006/10/09/japanese-first-party-ps3-games-5980-50-usd/http://www.joystiq.com/2006/10/09/japanese-first-party-ps3-games-5980-50-usd/http://www.joystiq.com/2006/10/09/japanese-first-party-ps3-games-5980-50-usd/#commentsFiled under: ,

Remember how PlayStation 3 games were supposed to cost a fortune in Japan? Like, $75 to $85 a pop? Well, you can clear that space in your brain, as Sony has announced first-party launch titles Resistance and Genji will be priced at ¥5980 (about $50 USD), as will future first-party title MotorStorm. Third-parties have already announced higher prices, like Sega's ¥7140 asking price for Sonic and Sega Golf Club.

Of course, this is commensurate with US pricing for Xbox 360 titles, where first-party titles go for $50 and third-party titles fetch the princely sum of $60. Of course, the announcement that the Microsoft-published, but not developed, Gears of War will command the higher $60 was met with some mild hissing.

According to Sony's own SonyStyle website, both first- and third-party games are going to be going for the full $60 in the US. Is this another case where Japan lucks out and gets the goods for less (like their $425 PS3), or has Sony not yet finalized their software pricing? As reliable as retail websites usually are for getting the scoop on video game news (uhhh), we're gonna wait this one out until Sony gives us the official official word ... like they just did Japan.

JoystiqJapanese first-party PS3 games ¥5980 ($50 USD) originally appeared on Joystiq on Mon, 09 Oct 2006 14:15:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>JapanPS3SonyYenMon, 09 Oct 2006 14:15:00 EST<![CDATA[Japan not loco for Loco Roco]]>http://www.joystiq.com/2006/08/01/japan-not-loco-for-loco-roco/http://www.joystiq.com/2006/08/01/japan-not-loco-for-loco-roco/http://www.joystiq.com/2006/08/01/japan-not-loco-for-loco-roco/#commentsFiled under:

We really want Loco Roco to succeed, and it's pretty obvious considering all the coverage we give it. Regardless of all the advertising and the special Loco Roco bundles, the game simply hasn't sold too well. In fact, the game has been doing so poorly that it's already available in bargain bins for a low price of 1980 yen (about $18). Maybe Sony should reconsider making games for the PSP and focus solely on making brain games and cooking programs.

[Via Kotaku]

JoystiqJapan not loco for Loco Roco originally appeared on Joystiq on Tue, 01 Aug 2006 01:09:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>bargainloco rocoLocoRocoyenTue, 01 Aug 2006 01:09:00 EST