Japanese Game Giants Affected By Plummeting Stock Market

We aren’t stock market experts here at Kakuchopurei, but when a plummeting stock market is negatively affecting the games industry, we report on it. Influenced by global factors such as fears of a recession in the United States and rising tensions in the Middle East, the Tokyo Stock Exchange’s stock market index experienced a frightening drop.

This has caused stock in some of the big Japanese game companies to severely be on the decline. According to financial analyst Dr. Serkan Toto, Nintendo shares are now worth 15% less while Capcom shares are down 16%. Meanwhile, SEGA is down around 13%, Konami 8% and Sony 6%. Koei Tecmo is also down 6% and Square Enix 5%.

It’s Monday 1:30pm in Tokyo now, investors in the stock market continue to panic and are causing a bloodbath:

Nintendo -15%
Sega -13%
Capcom -16%
Nexon -13%
Cave -23%
Konami -8%
Sony -6%
Marvelous -10%
Cyberagent -10%
Koei Tecmo -6%
Square Enix -5%

1.5h of trading to go. ???

— Dr. Serkan Toto ? Gamescom (@serkantoto) August 5, 2024

Currently, it’s unclear how much this will affect the games industry as a whole, but it’s not looking good. Hopefully, everything will improve soon. We’ll have to wait and see if there will be any lingering negative effects in the near future.