nukayasu
voted
Nintendo's stock price was hit hard by the company warning of a sharp decline in profits and suggesting the possibility that the next-generation game console Switch would not be sold until 2025, and recorded the biggest decline in the past month or more. President Shuntaro Furukawa stated via social media that Nintendo plans to release the 7-year-old Switch next year, but that announcement will not be made at the next Nintendo Direct. In response to this news, Nintendo shares fell 4.9% in the Tokyo Stock Exchange.
Prior to this, Nintendo anticipated a 19% decrease in sales and a 24% decrease in operating profit for the fiscal year ending 2025/3 to 400 billion yen, which exceeded market expectations.
Mr. Eiji Maeda, an analyst at SMBC Nikko Securities, pointed out that Mr. Furukawa's statement suggests that sales of next-generation hardware are at the earliest until 2025. He said, “The sales volume of 13.5 million Switch units, which is Nintendo's target for this fiscal year, seems difficult until next-generation consoles are released.”
According to the quarterly report for March this year, Nintendo's operating profit fell 31% to 64.5 billion yen, a sharp drop more than expected. Headquartered in Kyoto...
Prior to this, Nintendo anticipated a 19% decrease in sales and a 24% decrease in operating profit for the fiscal year ending 2025/3 to 400 billion yen, which exceeded market expectations.
Mr. Eiji Maeda, an analyst at SMBC Nikko Securities, pointed out that Mr. Furukawa's statement suggests that sales of next-generation hardware are at the earliest until 2025. He said, “The sales volume of 13.5 million Switch units, which is Nintendo's target for this fiscal year, seems difficult until next-generation consoles are released.”
According to the quarterly report for March this year, Nintendo's operating profit fell 31% to 64.5 billion yen, a sharp drop more than expected. Headquartered in Kyoto...
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nukayasu
liked
Good morning to all moomoo users!Here's an overview of this morning's turnaround. Thank you in advance.
Market Overview
Today's Nikkei Stock Average started at 38312.66 yen, 377.90 yen higher than the previous business day, and the Tokyo Stock Price Index (TOPIX) started at 2713.83, 27.35 points higher.
Top news
[Dollar to yen exchange rate] Yen fluctuates in the NY market to 156 yen due to exchange intervention observations, “the depreciation trend of yen continues”
In response to observations of exchange intervention by the Japanese government and the Bank of Japan on the 29th, the yen exchange rate against the dollar continued to move unstable in the New York foreign exchange market on the same day. There was also a scene where the yen appreciated and the dollar depreciated instantaneously by about 50 yen, and on the evening of the 29th, it remained around 1 dollar = 156 yen. There is a view that even if there is intervention in the US market, a reduction in interest rate differences between Japan and the US is not anticipated for the time being, and the depreciation trend of yen will continue.
RELATED ARTICLES
Trades that assume yen buying intervention are “pretty risky” - Blue Bay CIO
Japan is in a dilemma due to debt, and exchange intervention is likely to end in failure for the time being - Mr. Brooks
$Goldman Sachs(GS.US$The former chief currency of Stra...
Market Overview
Today's Nikkei Stock Average started at 38312.66 yen, 377.90 yen higher than the previous business day, and the Tokyo Stock Price Index (TOPIX) started at 2713.83, 27.35 points higher.
Top news
[Dollar to yen exchange rate] Yen fluctuates in the NY market to 156 yen due to exchange intervention observations, “the depreciation trend of yen continues”
In response to observations of exchange intervention by the Japanese government and the Bank of Japan on the 29th, the yen exchange rate against the dollar continued to move unstable in the New York foreign exchange market on the same day. There was also a scene where the yen appreciated and the dollar depreciated instantaneously by about 50 yen, and on the evening of the 29th, it remained around 1 dollar = 156 yen. There is a view that even if there is intervention in the US market, a reduction in interest rate differences between Japan and the US is not anticipated for the time being, and the depreciation trend of yen will continue.
RELATED ARTICLES
Trades that assume yen buying intervention are “pretty risky” - Blue Bay CIO
Japan is in a dilemma due to debt, and exchange intervention is likely to end in failure for the time being - Mr. Brooks
$Goldman Sachs(GS.US$The former chief currency of Stra...
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nukayasu
commented on
$Lixiang Education(LXEH.US$
to? is it up? What's more, if the buying advantage is over, has the trick battle started again lol lol
to? is it up? What's more, if the buying advantage is over, has the trick battle started again lol lol
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nukayasu
voted
Hello Moomoo users! Thank you very much for your hard work.Today's stock price summary is as follows. Thank you in advance.
●The Nikkei Stock Average ended at 40369.44 yen, 201.37 yen higher than the previous business day
● Japanese stocks rebounded, and I liked the strong US economic indicators - I bought resource-related stocks, etc.
●End of electricity and gas subsidies will push up prices in Japan - Bank of Japan policy is complicated
● Private sector survey on 2806 items of food price increases in April, sausages, etc.
●Kobayashi Pharmaceutical - rapid backstage press conference starts around 14:00
● Attention to the handle: $Kobayashi Pharmaceutical(4967.JP$、 $Rohm(6963.JP$etc
-MooMoo News Japan Stock Zeber
Market Overview
Today's Nikkei Stock Average ended at 40369.44 yen, 201.37 yen higher than the previous business day, and the Tokyo Stock Price Index (TOPIX) ended at 2768.62, 17.81 points higher.
Top news
Japanese stocks rebounded, and they liked the strong US economic indicators - they bought resource-related stocks, etc.
The Tokyo stock exchange rate rebounded on the 29th. The confirmed value of US consumer sentiment has been raised to a high level since July 21, and the median market forecast...
●The Nikkei Stock Average ended at 40369.44 yen, 201.37 yen higher than the previous business day
● Japanese stocks rebounded, and I liked the strong US economic indicators - I bought resource-related stocks, etc.
●End of electricity and gas subsidies will push up prices in Japan - Bank of Japan policy is complicated
● Private sector survey on 2806 items of food price increases in April, sausages, etc.
●Kobayashi Pharmaceutical - rapid backstage press conference starts around 14:00
● Attention to the handle: $Kobayashi Pharmaceutical(4967.JP$、 $Rohm(6963.JP$etc
-MooMoo News Japan Stock Zeber
Market Overview
Today's Nikkei Stock Average ended at 40369.44 yen, 201.37 yen higher than the previous business day, and the Tokyo Stock Price Index (TOPIX) ended at 2768.62, 17.81 points higher.
Top news
Japanese stocks rebounded, and they liked the strong US economic indicators - they bought resource-related stocks, etc.
The Tokyo stock exchange rate rebounded on the 29th. The confirmed value of US consumer sentiment has been raised to a high level since July 21, and the median market forecast...
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nukayasu
voted
Hello Moomoo users! Thank you very much for your hard work.Today's stock price summary is as follows. Thank you in advance.
●The Nikkei Stock Average ended at 40003.60 yen, 263.16 yen higher than the previous business day
● The Bank of Japan revises large-scale mitigation measures, and government bond purchases continue to raise interest rates for the first time in 17 years
● Major banks consider raising interest rates on savings accounts to “get out of 0.001%”
● GPIF announced that it will solicit information for diversification of operations, targeting Bitcoin, gold, etc.
● Attention to the handle: $Mitsubishi Motors(7211.JP$、 $Mitsubishi UFJ Financial Group(8306.JP$
-MooMoo News Japan Stock Zeber
Market Overview
Today's Nikkei Stock Average ended at 40003.60 yen, 263.16 yen higher than the previous business day, and the Tokyo Stock Price Index (TOPIX) ended at 2750.97, 28.98 points higher than the previous business day.
Top news
Bank of Japan revises large-scale mitigation measures, and government bond purchases continue to raise interest rates for the first time in 17 years
The Bank of Japan held a monetary policy meeting on 18-19, and large-scale money...
●The Nikkei Stock Average ended at 40003.60 yen, 263.16 yen higher than the previous business day
● The Bank of Japan revises large-scale mitigation measures, and government bond purchases continue to raise interest rates for the first time in 17 years
● Major banks consider raising interest rates on savings accounts to “get out of 0.001%”
● GPIF announced that it will solicit information for diversification of operations, targeting Bitcoin, gold, etc.
● Attention to the handle: $Mitsubishi Motors(7211.JP$、 $Mitsubishi UFJ Financial Group(8306.JP$
-MooMoo News Japan Stock Zeber
Market Overview
Today's Nikkei Stock Average ended at 40003.60 yen, 263.16 yen higher than the previous business day, and the Tokyo Stock Price Index (TOPIX) ended at 2750.97, 28.98 points higher than the previous business day.
Top news
Bank of Japan revises large-scale mitigation measures, and government bond purchases continue to raise interest rates for the first time in 17 years
The Bank of Japan held a monetary policy meeting on 18-19, and large-scale money...
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