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by mikekchar 3623 days ago
Traditional Japanese companies tend not to want short term investors. It is not unusual at all for them to downplay short term success because they do not like volatility in the stock. It might not be obvious since it is game system maker, but Nintendo is a 125 year old company with a very conservative way of doing business.

On the Nikkei, Nintendo has been hovering between 15,000 and 25,000 yen (or about $150-$250 a share). That's about typical for them in the last 20 years. Since you need 100 shares for a minimum order on the Nikkei, that's a minimum investment of $15-25k. In the middle of the 2000's Nintendo faced some criticism for letting its stock price reach 60,000 yen (minimum investment $60k). They were quite happy with this because they did not want casual investors buying their stock.

Basically nothing to see here.