Connect with us

Gaming

Following a weekend of tariff tension, Japanese video game industry sees stock price tumble – Sony, Nintendo, Capcom and more impacted

Published

on

Following a weekend of tariff tension, Japanese video game industry sees stock price tumble - Sony, Nintendo, Capcom and more impacted

At the start of Monday morning in Japan, stock markets experienced a significant downturn due to global financial uncertainty and the implementation of US President Donald Trump’s global tariffs on Saturday. This has had a major impact on the Japanese stock market, including the video game sector. Companies like Capcom, Nintendo, Sony, Bandai Namco, and others have all seen sharp declines in their stock values.

As of the current time, the Japanese stock market has closed at 3:30 PM, and the current drops are expected to be where things settle for the time being.

Japanese games industry consultant Dr. Serkan Toto highlighted the sharp declines in stock prices for various companies within a single day of trading. Here are the final figures for the day:

  • Nintendo | – 7.85%
  • Sony | – 10.4%
  • Capcom | – 6.61%
  • Bandai Namco | – 7.37%
  • Square Enix | – 5.62%
  • Sega | – 7.29%
  • Koei Tecmo | – 5.41%

The US imposed tariffs on countries worldwide on Saturday, leading to the financial turbulence seen in the stock market. Most stocks in Japan suffered significant losses today, with the Nikkei 225 index falling by 7.83%.

The Japanese video game industry has been heavily impacted by these events. The tariffs not only affect the cost of physical game copies but also impact the hardware used for gaming. This includes consoles like the Nintendo Switch and PS5, as well as mobile phones and PCs.

These increased costs are likely to make gaming products more expensive for US consumers, potentially leading to a decline in revenue for companies like Nintendo and Capcom. The situation is further complicated by tariffs on manufacturing countries other than Japan.

The US is a key market for the video game industry, with American consumers spending billions on gaming each year. However, the current economic climate and tariff implementations may lead to a decline in revenue and overall industry health.

It remains uncertain whether these stocks will recover in the near future, but the continuation of widespread tariffs raises concerns for the industry’s outlook.

See also  Overcooked devs tease their next game Stage Fright

Trending