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In this article 6758.T-JP Follow your favorite stocks CREATE FREE ACCOUNTSony aims to sell 18 million PlayStation 5 consoles in its financial year ending in March 2023. Thiago Prudencio | Lightrocket | Getty ImagesSony is likely to release a refreshed version of the PlayStation 5 this year, analysts told CNBC, after the company cut its forecast for sales of its flagship console. When this has happened in past console cycles, gaming firms have looked to bring out a refreshed piece of hardware to reinviograte sales. For example, Sony launched a "Pro" version of the PlayStation 4, the previous generation console, around three years after the PS4 was initially launched. Analysts are now expecting a PlayStation 5 Pro from Sony.
Persons: Thiago Prudencio, Serkan Toto Organizations: Sony, Lightrocket, Getty, PlayStation, CNBC, Analysts, Kantan Games Locations: Tokyo
Splatoon 3 proved to be a hit in Japan, helping keep momentum for Nintendo's ageing Switch console. Nintendo has sold 132.46 million units of the Switch, making it the company's second-most successful console after the handheld Nintendo DS. If the Switch remained popular in the holiday quarter then Nintendo could push a new console out to the Fall of this year, Goyal said. If Switch sales dropped in the December quarter, the new device could come as early as Spring or Summer, he added. Kantan Games' Toto said he expects the successor to be a "new device and not just an upgrade."
Persons: Philip Fong, Mario, Zelda, Serkan Toto, Piers Harding, Atul Goyal, Goyal, I'm, Nintendo's, Harding, Rolls, Toto, Moffett Nathanson, Will Organizations: Nintendo, AFP, Getty, CNBC, Kantan Games, Ampere, Jefferies, Mario Bros, Moffett Locations: Japan, Tokyo
Asian Games - Hangzhou 2022 - E-Sports - China Hangzhou Esports Centre, Hangzhou, China - September 26, 2023 Players from Team China talk during the Arena of Valor Asian Games Version Final REUTERS/Ann Wang/File Photo Acquire Licensing RightsHANGZHOU, China Sept 26 (Reuters) - China won the first gold esports medal in Asian Games history in the Eastern Chinese city of Hangzhou on Tuesday by beating Malaysia in the smartphone multiplayer battle game “Arena of Valor”, to delight fans in the world’s biggest esports market. the Chinese players shouted in a huddle on the stage just before the match began, triggering another loud cheer from spectators, before taking their seats for the "Arena of Valor" final. Thailand earlier claimed the Games' first esports medal by beating Vietnam for the bronze. The market generated $445 million in 2022 or 64.8% of the Asian esports market and China boasts 400 million esports fans, also the highest number globally, according to data from leading Asian video game market analysts Niko Partners. "Esports players are not just sitting on the chair.
Persons: Ann Wang, Tapping, Jiang Tao, Xu Bicheng, esports, Yvonne Yu, , Xi Jinping, Serkan Toto, Niko Partners, Wong Kang Woon, Malaysia's, Martin Quin Pollard, Xihao Jiang, Ian Ransom, Ken Ferris Organizations: China Hangzhou Esports, Team China, of Valor, Rights, Malaysia, , Valor, Asian Games, HK, Games, China Media Group, Research, Kantan Games, Thomson Locations: Hangzhou, China Hangzhou, China Hangzhou Esports Centre, China, Rights HANGZHOU, Thailand, Vietnam
Capcom shares lunge 6% on 'Monster Hunter' mobile launch
  + stars: | 2023-09-25 | by ( Sam Nussey | ) www.reuters.com   time to read: +1 min
TOKYO, Sept 25 (Reuters) - Japanese video game company Capcom (9697.T) enjoyed a 6% jump in its stock price on Monday as gamers flocked to the mobile instalment of its long-running "Monster Hunter" franchise, developed with "Pokemon Go" maker Niantic. "Monster Hunter Now", which combines monster fighting action with the location-based gameplay of "Pokemon Go", has been downloaded 5 million times since its Sept. 14 launch, Niantic said last week. The strong start is a boost for Capcom, whose shares have gained a third this year supported by the strength of franchises such as "Resident Evil". In Japan, where the "Monster Hunter" franchise has a loyal following, the new game is the top grossing app on Apple's iOS, showed data from Sensor Tower, ahead of local favourites such as horse racing idol game "Uma Musume Pretty Darby" and manga app Piccoma. "Monster Hunter Now" has received praise for translating the storied series for a mobile audience.
Persons: Hunter, Niantic, Darby, Serkan Toto, Sam Nussey, Christopher Cushing Organizations: Capcom, Kantan Games, Thomson Locations: TOKYO, Japan
Operating profit slid 31% and comments by Sony executives over demand for its games and image sensors units also sparked concern. Despite an easing of those snarls, Sony said sales of were below expectations in the April-June quarter. It is targeting sales of 25 million units for the full year. Sony sold 3.3 million PS5 units in quarter. Adjustment to procurement by smartphone manufacturers is having a large impact in the second quarter, Sony said.
Persons: Issei Kato, Serkan Toto, Atul Goyal, Sam Nussey, Edwina Gibbs Organizations: Sony PlayStation, REUTERS, Sony, PlayStation, Kantan, Jefferies, Thomson Locations: Tokyo, Japan
'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
‘Zelda’ sales breakout juices Nintendo’s aging Switch
  + stars: | 2023-08-03 | by ( ) edition.cnn.com   time to read: +2 min
Tokyo CNN —Japan’s Nintendo on Thursday said it sold 3.91 million units of its Switch console in the April-June quarter, exceeding sales in the same period a year earlier, boosted by the runaway success of its latest “Zelda” title. Nintendo (NTDOF) said it sold 18.51 million units of “Tears of the Kingdom” in the first quarter. The Kyoto-based gaming firm maintained its full-year forecast for the console of 15 million units. It sold 17.97 million units in the previous financial year. Nintendo’s shares have delivered a more than three-fold return, including dividends, since the Switch went on sale in major markets in March 2017, outperforming the benchmark Nikkei’s 91% return over the same period.
Persons: Zelda, Mario, , Serkan Toto, Pikachu Organizations: Tokyo CNN —, Nintendo, Mario Bros, Kantan Locations: Kyoto
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNext Nintendo hardware announcement: 'Forget it' for this calendar year, says game consultancySerkan Toto of Kantan Games says Nintendo wants to capture holiday sales later this year with its current Switch platform.
Persons: Serkan Toto Organizations: Nintendo, Kantan Games
Nintendo said its Pokémon Scarlet and Pokémon Violet games for the Nintendo Switch hit an all-times sales record for the company. Nintendo on Tuesday cut the outlook for its Nintendo Switch console and games sales and slashed its profit outlook for its current fiscal year. The Japanese gaming giant said it now expects to sell 18 million Switch units for the fiscal year ending March 2023, down from a previous forecast of 19 million. Nintendo said it now also expects sales of 205 million software units, down from a previous projection of 210 million units. Nintendo sold around 8.23 million Switch consoles in the December holiday quarter, down around 22% year-on-year.
Microsoft to bring Call of Duty to Nintendo, Sony on the spot
  + stars: | 2022-12-07 | by ( ) www.reuters.com   time to read: +2 min
TOKYO, Dec 7 (Reuters) - Microsoft (MSFT.O) has entered into a 10-year commitment to bring the gaming title "Call of Duty" to Nintendo (7974.T) platforms, the chief executive officer of Microsoft Gaming, Phil Spencer, said in a post on Twitter on Wednesday. The agreement will bring the popular first-person shooter series from Activision Blizzard (ATVI.O) to Nintendo game consoles for the first time. "I think this is an attempt by Microsoft to pressure Sony into signing a deal with Activision and to make it easier for Microsoft to finish and close the deal with Activision," said Serkan Toto, founder of the Kantan Games consultancy. Microsoft competes with Sony and Nintendo in the global video game industry, which saw strong growth in recent years with people spending more time at home because of the coronavirus pandemic. Shares in Nintendo closed up 0.3% after the Microsoft announcement, outperforming the Nikkei average's (.N225) 0.7% slide and Sony's 1.3% fall.
Regulators have raised concerns that Microsoft could block the hit Call of Duty franchise from being released on rivals' games consoles. Microsoft said it has offered Sony a 10-year contract for Call of Duty to be released on the PlayStation on the same day it comes to the Xbox. Microsoft President Brad Smith said the company offered Sony a 10-year contract to make each new release of Call of Duty available on Sony's PlayStation console at the same time as the U.S. giant's Xbox. Sony shares sank initially after Microsoft announced the acquisition plans in January as investors feared PlayStation would not get access to hit Activision games. "That's why we've offered Sony a 10-year contract to make each new 'Call of Duty' release available on PlayStation the same day it comes to Xbox.
Nintendo carried out its previously announced 10-for-1 stock split on Thursday aimed at reducing the price of one individual share to attract new investors to the more than century old Japanese gaming giant. Prices for Nintendo's stock reflected the split on the Japanese Stock Exchange website. Nintendo shares closed at 6,043 Japanese yen ($41.76) on Thursday, after closing at 59,700 on Wednesday. Each share of common Nintendo stock has been be split into 10 shares, hence the reduction in price per share. At Nintendo's old share price, that would cost a minimum of 5.97 million Japanese yen, or just over $41,200.
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