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November 21, 2024
 

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NINTENDO

The newly opened Nintendo Museum and upcoming Donkey Kong Country area of Universal Studios Japan are the latest examples of the gaming giant's efforts to expand beyond traditional consoles and handhelds.
LIFE / Digital
Nov 16, 2024
Why Nintendo is becoming a 'talent agency' for its beloved characters
Game and console sales account for over 90% of Nintendo's revenue, so exposure to characters could be "a trigger" to attract more people to consoles.
Nintendo reported ¥27.7 billion in net profit in the July-September quarter, down 69% year on year.
BUSINESS / Companies
Nov 6, 2024
Nintendo Switch sales drop as successor console looms
Despite the decline, sales continue to be robust in comparison to past Nintendo platforms in the same year, Nintendo said.
In the April-September period, Nintendo logged net profit of ¥108.7 billion ($710 million), down 60% from the same period a year earlier.
BUSINESS / Companies
Nov 5, 2024
Nintendo lowers sales forecast as first-half profits plunge
The video game giant now expects sales of ¥1.28 trillion, down from the previous estimate of ¥1.35 trillion, and also issued a less optimistic operating profit forecast.
Ubitus, which received funding from Nvidia earlier this year, joins a growing list of tech companies at the forefront of a global revival in nuclear power.
BUSINESS / Companies
Oct 18, 2024
Nvidia-backed firm eyes a data center near nuclear power in Japan
The Nvidia-backed company Ubitus joins a growing list of tech companies at the forefront of a global revival in nuclear power.
Shinobi, one of Sega's most popular video game series, is to be made into a movie.
LIFE / Digital
Oct 9, 2024
Sega's ninja game Shinobi to get the movie treatment
Sega did not give a target date for the movie's release.
Players on Nintendo Switch game consoles. Saudi Arabia's Public Investment Fund is reportedly weighing deploying more capital to Nintendo and its sector peers.
BUSINESS / Companies
Oct 7, 2024
Nintendo jumps after Saudi fund expresses interest in bigger stake
The Saudi government is keen to mold the kingdom into a global gaming industry player and diversify its oil-heavy portfolio.
Nintendo merchandise during the grand opening of Super Nintendo World at Universal Studios Hollywood in Los Angeles last year.
BUSINESS
Oct 5, 2024
Saudi Arabia's PIF mulls larger stake in Nintendo: report
PIF currently owns 8.58% of Nintendo and also has stakes in video game companies Nexon, Capcom, and Koei Tecmo.
Visitors play Super Mario on a giant video game console during a media preview of the new Nintendo Museum, located inside a renovated old factory, in the city of Uji in Kyoto Prefecture, on Sept. 24.
BUSINESS / Companies
Oct 2, 2024
From cards to consoles: Nintendo opens its first museum
The museum is part of Nintendo's efforts to broaden its brand that include the release of a Super Mario animated movie last year.
The Nintendo Museum opens to the public on Oct. 2, but unlike the company's all-ages games, the new attraction may be geared more toward older rather than younger gamers.
LIFE / Travel
Sep 25, 2024
A first look inside the new Nintendo Museum
Set to open on Oct. 2, the gaming giant's newest foray into real-world experiences shows flashes of the same creativity that made the company what it is today.
Nintendo and The Pokemon Company are suing video game developer Pocketpair for patent infringement.
BUSINESS / Companies
Sep 19, 2024
Nintendo sues 'Pokemon with guns' maker for patent infringement
"Palworld" — which sold more than 5 million copies in just three days — features weapon-wielding player avatars and monsters that look similar to Pokemon.
A wall mural depicting Nintendo's Super Mario characters in an underground walkway in Kyoto. The company will open the Nintendo Museum in October.
BUSINESS / Companies
Aug 20, 2024
Nintendo to open museum showcasing video game history this fall
The museum in Uji, Kyoto Prefecture, will feature vintage video games and an interactive shoot-em-up with Super Mario characters.
Nintendo is among the big name companies in which Kyoto Financial Group has cross-held shares.
BUSINESS / Companies
Jul 9, 2024
Kyoto bank defies call to unwind holdings after $6-billion gain
Kyoto Financial Group has amassed unrealized profits of more than $6 billion on holdings in other firms.
Nintendo announced several new games that will be released on the Switch later this year, ahead of the expected launch of a new console in early 2025.
BUSINESS / Companies
Jun 19, 2024
Nintendo surprises fans by announcing new 'Zelda' game
Last year's Zelda game, Tears of the Kingdom, sold 10 million copies in just three days, according to Nintendo.
Saudi Crown Prince Mohammed bin Salman chairs a session of the virtual Saudi-Bahraini Coordination Council in Riyadh in December 2020.
JAPAN
May 10, 2024
Saudi Arabian Crown Prince Mohammed bin Salman to visit Japan
The visit to Japan by Saudi Arabia's de-facto leader, known by his initials MBS, will be his first since 2019.
Nintendo tends to innovate and take unconventional product development routes, producing both great successes, like its Switch console, and spectacular failures.
COMMENTARY / Japan
May 10, 2024
Nintendo needs to 'switch' its next console up
The Kyoto firm has been coy about what will come after the highly successful Switch console, but it needs to step up its game and learn from past mistakes.
Despite logging a record net profit in the year to March, helped by the weak yen, Nintendo expects net profit to drop nearly 40% in the current financial year.
BUSINESS / Companies
May 7, 2024
Nintendo says announcement on Switch successor 'this fiscal year'
Players and investors have been hungry for news about a successor to the Switch, and the company said a statement was finally forthcoming.
Last December, Nintendo postponed the Splatoon Koshien finals and Mario Kart 8 Deluxe World Championship, as well as cancel Nintendo Live Tokyo, citing threats leveled at both attendees and personnel.
JAPAN / Crime & Legal
Apr 4, 2024
Ibaraki man arrested over death threats sent to Nintendo
The man allegedly sent 39 messages through an inquiry form on Nintendo's official website, threatening to kill people at the gamemaker's events.
A customer walks past a display for Nintendo's Super Mario at an electronics store in Tokyo on Jan. 12. Last year, Nintendo increased salaries, in part to be competitive with other studios.
BUSINESS
Apr 2, 2024
Japan’s game industry weathers the storm amid layoffs worldwide
The country's studios are actually scrambling to attract and retain talent — a state of affairs that is symptomatic of the nation’s demographic challenges.
Nintendo's popular video game character Super Mario will return to the big screen in April 2026.
BUSINESS / Companies
Mar 11, 2024
Nintendo announces new 'Super Mario' movie
The video game company will partner with animation studio Illumination again for the animated feature scheduled for an April 2026 release.
Sony's move to cut costs and Microsoft's decision to release titles on rival platforms reflect uncertainty in the gaming industry.
COMMENTARY / Japan
Mar 8, 2024
Looks like we're nearing peak PlayStation
The gaming industry as a whole is struggling with ballooning development costs and longer production cycles, leading to fewer and risk-averse titles.
Ishiba delays meeting with Trump, citing legal restrictions
Prime Minister Shigeru Ishiba waves upon arrival for the Asia-Pacific Economic Cooperation forum, in Callao, Peru, on Friday.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Rising sex tourism exposes loopholes in Japan's anti-prostitution law
While financial misfortunes during the COVID-19 pandemic may have driven some women to work the streets, others simply want more money to spend — or want to pay off their debts — at host clubs.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

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