Nintendo’s share price in Japan has fallen by around 33% over the last five months, from an all-time high of ¥14,795 ($93) in August 2025 to around ¥9,950 ($63).
This is the first time it has fallen below the symbolic ¥10,000 mark since 2025. The decline comes despite the initial success of the Nintendo Switch 2. Analysts believe that slowing sales after Christmas, the lack of recent first-party blockbusters, concerns about future pricing, and hardware discounts in certain markets have contributed to investor anxiety.
Although the share price remains higher than it was before 2025, the sharp decline over a short period of time is a cause for concern for shareholders.
