Nintendo’s Share All Time High Because of Pokemon

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Nintendo’s share prices spiked this Friday in the Topix (Tokyo Stock Price Index) this century because of the latest Pokémon hype.

According to Bloomberg, Nintendo traded 476 billion yen ($4.5 billion) on Friday alone, which broke the record which was previously held by energy company Tokyo Electric.

Nintendo also beat out other companies on the list such as SoftBank, Mizuho, Nippon Steel, and Aiful.

Last week Nintendo’s share prices also spike 70 percent high with the release of Pokémon Go.

This is all despite the company not being directly involved in the game – in fact, it only holds non-majority stakes in both developer Niantic and publisher The Pokemon Company.

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Despite the high share prices, Pokémon Go have yet to be released in Asia. But the high share tradings pave a good way for Nintendo.

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