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Analysts say weaker yen helped Nintendo, expect big things from mobile

by rawmeatcowboy
31 July 2015
GN Version 5.0

Makoto Kikuchi, chief executive officer of Myojo Asset Management Co.

“The impact from the yen was even more than expected, helping the company beat market consensus. They need to move quickly to decide on new leadership that can set a clear direction for the company going forward.”

Eiji Maeda, an analyst at SMBC Nikko Securities Inc.

“Everyone seems to be pricing in a smartphone success story for Nintendo."

Atul Goyal, an analyst at Jefferies Group LLC

“The turnaround will happen after Nintendo has launched its first smartphone game. From here onwards, it is well positioned to regain previous highs in profits and the stock price, if it executes half as well as it’s capable of.”