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Hong Kong CNN —Nintendo says it plans to announce the followup to its popular Switch console by March 2025. “We will make an announcement about the successor to Nintendo Switch within this fiscal year,” Shuntaro Furukawa, the company’s president, wrote on X on Tuesday. “It will have been over nine years since we announced the existence of Nintendo Switch back in March 2015.”The announcement will be welcome news to fans who have been salivating for years over the prospect of a potential Switch successor, which Nintendo bosses have remained tight lipped about. The company expects to sell 13.5 million Switch units in the current financial year, according to Reuters, compared to sales of 15.7 million units last year. There’s the Nintendo Switch OLED and its rich, immersive screen; the standard Nintendo Switch with its tried-and-true hybrid design; and the cheaper and smaller Nintendo Switch Lite for those who mainly play on the go.
Persons: , ” Shuntaro Furukawa Organizations: Hong Kong CNN — Nintendo, Nintendo, Reuters, Sony, SONY, Microsoft Locations: Hong Kong
U.S. equities aren't the only ones on a bull run — the Japanese stock market is also enjoying an upward climb. "It is the case that the Japanese stock market remains almost exclusively driven by foreign money," Jefferies head of global equity strategy Christopher Wood wrote in a March 7 note. According to Wood, foreign investors now own almost a third of the Japanese stock market, a dramatic rise from the 4% level in 1989, when the asset bubble reached its peak. Morgan Stanley noted that quality stocks have outperformed the broader market so far in 2024. Transitioning out of deflation Rate policy has been another big factor in the recent market rally.
Persons: Jefferies, Christopher Wood, Wood, Goldman Sachs, Morgan Stanley, Makoto Furukawa, Ryota Sakagami, Citi's Sakagami Organizations: Nikkei, Global, Retailing, Holdings, Toyota Motor, Subaru, Mitsubishi, Citi, Japan, U.S, Bank of Locations: Japan, U.S, Tokyo, Bank of Japan
Signage for the Nintendo Switch is seen at a GameStop in Manhattan, New York, U.S., December 7, 2021. The Japanese firm said it sold 4.3 million copies of "Super Mario Bros. Wonder" - the first entirely new instalment in the almost 40-year-old side-scrolling series in a decade - within two weeks of its Oct. 20 launch. That is the best performance of any "Super Mario" title, Nintendo said, as it takes advantage of the Switch install base of more than 130 million units and interest generated by a barnstorming animated movie featuring the moustachioed plumber. The comments come a day after Nintendo reported it sold 6.84 million Switch units in the first six months of the financial year that started in April, a slight increase on the same period a year earlier. Nintendo also announced on Wednesday "Super Mario" creator Shigeru Miyamoto is developing a live action adaptation of the "Zelda" franchise.
Persons: Andrew Kelly, Mario, Shuntaro Furukawa, Zelda, Shigeru Miyamoto, Kong, Jefferies, Atul Goyal, Sam Nussey, Christopher Cushing Organizations: Nintendo, GameStop, REUTERS, Rights, Thomson Locations: Manhattan , New York, U.S, Kyoto
Nintendo hikes profit forecast as Switch battles on
  + stars: | 2023-11-07 | by ( Sam Nussey | ) www.reuters.com   time to read: +2 min
An attendee uses a Nintendo Switch game console while playing a video game at the Paris Games Week (PGW), a trade fair for video games in Paris, France, November 5, 2023. Nintendo sold 6.84 million Switch units in the first six months of the financial year, a slight increase on the 6.68 million units it sold in the same period last year. Reuters GraphicsNintendo's broad pop culture appeal has also been underscored by the success of a Super Mario Bros. movie. Nintendo maintained its full-year forecast for the console of 15 million units, which would be a 16.5% decline on a year earlier. Nintendo's line-up for the critical year-end shopping season will likely also be bolstered by some new additions including "Super Mario RPG", which launches on Nov. 17.
Persons: Claudia Greco, Zelda, Mario, Shuntaro Furukawa, Sam Nussey, David Dolan, Christopher Cushing Organizations: Nintendo, Paris Games, REUTERS, Reuters, Mario Bros, Thomson Locations: Paris, France, TOKYO, Kyoto
TOKYO (AP) — Nintendo is developing a live-action film based on its hit video game “The Legend of Zelda,” the Japanese company behind the Super Mario franchise said Wednesday. It’s being co-produced by Nintendo and Arad Productions Inc., which is behind the live-action Spider-Man films and headed by Avi Arad. Its animation film “The Super Mario Bros. Movie,” released earlier this year, has raked in more than $1.3 billion and drew nearly 170 million people worldwide. Political Cartoons View All 1237 ImagesThe planned release date of the Zelda movie was not announced. Nintendo officials said the success of the Super Mario film has translated into bigger sales for its Switch machines, as well as for game software with Super Mario themes.
Persons: Zelda, , Wes Ball, It’s, Avi Arad, Mario, Shuntaro Furukawa, Shigeru Miyamoto, , Miyamoto, Donkey Kong, ___ Yuri Kageyama Organizations: TOKYO, Nintendo, Super Mario, Sony Pictures Entertainment, Arad Productions Inc, Mario Bros, Universal Studios Locations: American, Kyoto, U.S, Hollywood, Orlando, Japan
MOSCOW (AP) — Coolant leaked from a backup line at the International Space Station, Russian officials said Monday, adding that there was no risk to the crew or the outpost. Russian space agency Roscosmos said that coolant leaked from an external backup radiator for Russia's new science lab. The incident follows recent coolant leaks from Russian spacecraft parked at the station. Political Cartoons View All 1205 ImagesThe lab — named Nauku, which means science — arrived at the space station in July 2021. Last December, coolant leaked from a Soyuz crew capsule docked to the station, and another similar leak from a Progress supply ship was discovered in February.
Persons: Roscosmos, ” Roscosmos, , Frank Rubio, Sergey Prokopyev, Dmitri Petelin, Jasmin Moghbeli, Loral O’Hara, Andreas Mogensen, Konstantin Borisov, Oleg Kononenko, Nikolai, Satoshi Furukawa Organizations: MOSCOW, Station, NASA, Soyuz Locations: Russia, Ukraine
[1/6] The Soyuz MS-24 spacecraft carrying the crew formed of NASA astronaut Loral O'Hara, Roscosmos cosmonauts Oleg Kononenko and Nikolai Chub blasts off to the International Space Station (ISS) from the launchpad at the Baikonur Cosmodrome, Kazakhstan September 15, 2023. REUTERS/Maxim Shemetov Acquire Licensing RightsSept 15 (Reuters) - A Russian spacecraft blasted off from Kazakhstan's Baikonur cosmodrome on Friday carrying two Russian cosmonauts and a U.S. astronaut to join the crew of the International Space Station (ISS), live TV images showed. At 1853 GMT the Soyuz MS-24 spacecraft with American Loral O'Hara and Russians Oleg Kononenko and Nikolai Chub on board docked at the ISS, Russia's Roscosmos space agency said. They will join the current crew of NASA astronauts Jasmin Moghbeli and Frank Rubio, Russian cosmonauts Dmitry Petelin, Konstantin Borisov and Sergei Prokopyev, as well as Denmark's Andreas Mogensen and Japan's Satoshi Furukawa. The ISS is one of the few international projects on which the United States and Russia still cooperate closely.
Persons: Loral O'Hara, Oleg Kononenko, Maxim Shemetov, Nikolai, Jasmin Moghbeli, Frank Rubio, Dmitry Petelin, Konstantin Borisov, Sergei Prokopyev, Andreas Mogensen, Satoshi Furukawa, Luna, William Maclean, Mark Porter Organizations: NASA, International Space, Baikonur, REUTERS, Kazakhstan's Baikonur, Soyuz, Washington, Reuters, Thomson Locations: Kazakhstan, Russian, Kazakhstan's, U.S, United States, Russia, Ukraine, Moscow
CNN —Astronauts aboard a SpaceX Crew Dragon capsule docked Sunday at the International Space Station, concluding a one-day trip to rendezvous with the orbiting laboratory after launching from Florida. The capsule made first contact with the space station at 9:16 a.m. The four launched aboard the Crew Dragon spacecraft atop a SpaceX Falcon 9 rocket from NASA’s Kennedy Space Center in Florida at 3:27 a.m. ET Saturday, and they’ve spent the last day free-flying aboard the 13-foot-wide capsule as it slowly maneuvered toward the space station. This mission marks the eighth flight operated by NASA and SpaceX as part of the agency’s commercial crew program, which has been ferrying astronauts to the space station since SpaceX’s first crewed mission in 2020.
Persons: NASA’s Jasmin Moghbeli, Andreas Mogensen, Satoshi Furukawa, Konstantin Borisov, NASA’s, they’ve, Furukawa, Borisov, I’ve, ” Moghbeli, Organizations: CNN — Astronauts, SpaceX, European Space Agency, Japan Aerospace Exploration Agency, JAXA, Roscosmos, Crew, NASA’s Kennedy Space Center, NASA, ESA Locations: Florida, Danish, Russian
The crew is riding aboard the SpaceX Crew Dragon Endurance capsule on the mission, dubbed Crew-7. “Space travel is difficult, but you make it look easy,” Moghbeli dispatched to SpaceX mission control from the Crew Dragon capsule after launch. The Crew-7 astronauts will spend about five days taking over operations from the SpaceX Crew-6 astronauts, who have been on the space station since March. The Crew-7 astronauts represent the most internationally diverse SpaceX crew to date. After reaching the space station, the Crew-7 astronauts will bid farewell to the SpaceX Crew-6 astronauts, who will return home aboard their spacecraft, the Crew Dragon Endeavour, in the coming days.
Persons: NASA’s, NASA’s Jasmin Moghbeli, Andreas Mogensen, Satoshi Furukawa, Konstantin Borisov, Roscosmos, ” Moghbeli, We’re, , Furukawa, Borisov, , , Moghbeli, Baldwin, I’ve, Russia’s, I’m, Boeing’s, ” Mogensen, ” Furukawa, Loral O’Hara, Oleg Kononenko, Nikolai Organizations: CNN —, SpaceX, NASA’s Kennedy Space Center, European Space Agency, Japan Aerospace Exploration Agency, JAXA, NASA, ESA, Massachusetts Institute of Technology, Naval Postgraduate School, Marine Corps, Soyuz, Copenhagen International School, Imperial College London, University of Texas, Surrey Space Centre, University of Tokyo, Russian Soyuz Locations: Florida, Danish, Russian, Bad Nauheim, Germany, Frankfurt —, New York, Long, Monterey , California, United States, Russia, Ukraine, Copenhagen, United Kingdom, Austin, Surrey, Kanagawa, Japan, Tokyo
SpaceX's Falcon 9 rocket with the company's Crew Dragon spacecraft on top is seen after sunset at Launch Complex 39A ahead of the launch of the Crew-7 mission. SpaceX launched four people to the International Space Station from Florida as Elon Musk's company begins its 11th human spaceflight mission to date. Known as Crew-7, the mission for NASA will bring the group up to the space station for a six-month stay in orbit. The mission is SpaceX's sixth operational crew launch for NASA to date, and the first of the additional missions the agency awarded SpaceX. Crew-7 consists of NASA astronaut Jasmin Moghbeli as the commander, European Space Agency astronaut Andreas Mogensen from Denmark as the pilot, and Japan Aerospace Exploration Agency astronaut Satoshi Furukawa and Roscosmos cosmonaut Konstantin Borisov as mission specialists.
Persons: NASA's, Jasmin Moghbeli, Andreas Mogensen, Satoshi Furukawa, Konstantin Borisov Organizations: SpaceX, International, Elon, NASA, NASA's Kennedy Space Center, European Space Agency, Japan Aerospace Exploration Agency Locations: Florida, Denmark
CNN —A SpaceX and NASA mission that was set to launch four astronauts — representing four nations and space agencies across the globe — to the International Space Station was abruptly called off Thursday evening. The astronauts’ SpaceX Crew Dragon spacecraft had been slated to launch atop a SpaceX Falcon 9 rocket from NASA’s Kennedy Space Center in Florida at 3:50 a.m. Once at the space station, Moghbeli, Mogensen, Furukawa and Borisov will join the seven astronauts already on the orbiting laboratory. The Crew-7 astronauts will spend about five days taking over operations from the SpaceX Crew-6 astronauts, who have been on the space station since March. This mission will mark the eighth flight operated by NASA and SpaceX as part of the agency’s commercial crew program, which has been ferrying astronauts to the space station since SpaceX’s first crewed mission in 2020.
Persons: NASA’s, , Rob Navias, mangers, NASA’s Jasmin Moghbeli, Andreas Mogensen, Satoshi Furukawa, Konstantin Borisov, Furukawa, Borisov Organizations: CNN, SpaceX, NASA, International, NASA’s Kennedy Space Center, Twitter, US Space Force, European Space Agency, Japan Aerospace Exploration Agency, JAXA, Roscosmos Locations: Florida, Danish, Russian
'Zelda' sales breakout juices Nintendo's aging Switch
  + stars: | 2023-08-03 | by ( Sam Nussey | ) www.reuters.com   time to read: +3 min
Attendees use a Nintendo Switch game console while playing a video game at the Paris Games Week (PGW), a trade fair for video games in Paris, France, October 29, 2019. Nintendo said it sold 18.51 million units of "Tears of the Kingdom" in the first quarter. The results underscore Nintendo's success in extending the life of the aging Switch system, which has sold almost 130 million units, and using its roster of popular characters to boost revenue beyond the core gaming business. The Kyoto-based gaming firm maintained its full-year forecast for the console of 15 million units, which would be a 16.5% decline on a year earlier. First-quarter operating profit leapt 82% on a year earlier to 185.4 billion yen with sales of first-party software at record highs.
Persons: Benoit Tessier, Mario, Zelda, Serkan Toto, Shuntaro Furukawa, Pikachu, Sam Nussey, Christopher Cushing Organizations: Nintendo, Paris Games, REUTERS, Mario Bros, Kantan, Thomson Locations: Paris, France, TOKYO, Kyoto
TOKYO — Japanese prosecutors are expected to formally charge the suspect in the assassination of former Prime Minister Shinzo Abe with murder on Friday, his lawyer said. Later that month, Yamagami was sent to an Osaka detention center and given a five-month mental evaluation, which ended Tuesday. One of his lawyers, Masaaki Furukawa, told The Associated Press on Thursday that he expects prosecutors to charge Yamagami with murder and gun control law violations. Police say Yamagami told them that he killed Abe, one of Japan’s most influential and divisive politicians, because of Abe’s apparent links to a religious group that he hated. Current Prime Minister Fumio Kishida’s popularity has plunged over his handling of the church controversy and for insisting on holding a rare, controversial state funeral for Abe.
TOKYO, Nov 9 (Reuters) - Shares in Nintendo Co Ltd (7974.T) fell nearly 7%, putting them on track for their biggest one-day drop in a year on Wednesday after the Japanese videogame giant cut its annual sales projection for its Switch console by nearly 10%. The Kyoto-based company on Tuesday cut its sales forecast for the Switch to 19 million units for this business year from 21 million, as microchip shortages constrained production. Nintendo President Shuntaro Furukawa told an earnings briefing on Tuesday that chip supply had begun recovering in recent months, helping boost Switch production. Still, Nintendo shares were up 6.9% in Tokyo trade, against a nearly flat broader market. Shares of Nintendo are up 8.3% so far this year.
A gamer asked execs during a shareholder meeting this week about reviving the game series "F-Zero." He said he spent 5.6 million Japanese yen, or over $40,000, on Nintendo shares for one stock unit. He told Insider he'd been playing Nintendo games since he was a child and was a "die-hard fan." (A Nintendo representative confirmed that someone needed to buy 100 or more shares of stock to access the shareholder meeting.) "I have been playing Nintendo games since I was a child," Momiji told Insider.
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