Fondos.Net - “Some Facts On Nintendo Stock”

“Some Facts On Nintendo Stock”

The Nintendo stock with stock symbol of ‘NTDOF.PK’ is classified under the audio and video equipment stock sector. It’s considered a valuable investment in both Japanese and American stock exchange houses.

So maybe you don’t know Nintendo the company, but it’s a certainty you have played games like “Mario”, “Donkey Kong”, “The Legend of Zelda” or “Pokémon”. Nintendo is the maker of the Nintendo GameCube and the Game Boy series - the world's best-selling video game system.

It is so popular that in the United States alone, it’s been estimated that in approximately 40 percent of these homes, the Nintendo game system is the family’s choice for gaming.

Nintendo Co., Ltd., of Kyoto, a Japanese based company is principally engaged in the manufacturing and marketing of hardware and software for interactive gaming systems, this includes the Nintendo GameCube and   Game Boy series.

Nintendo sells these products in the United States, and other countries like France, Canada, Spain, Germany, the Netherlands, Australia and Taiwan. Today, the company which started selling playing cards now operates 19 subsidiaries and nine associated companies around the world.

In the United States, the Nintendo office is based in Redmond, Washington where it serves as the base of operations for the entire Western Hemisphere.

Although it manufactures software and hardware for interactive and online games, which are quite rightly of the 21st century, Nintendo's corporate roots began a century before.

To be more accurate it began operation in 1889, when founder Fusajiro Yamauchi began manufacturing "Hanafuda," (Japanese playing cards) in Kyoto.

After this initial start, Mr. Yamauchi began to supply the playing cards for the international market, but it soon became popular in Japan.

The Nintendo stocks first traded in 1962, at the Osaka Stock Exchange and on the Kyoto Stock Exchange.

Then 1963, it officially changed its’ name to what it is now known as -
Nintendo Co. Ltd. and broadened its range of products to include manufacturing games.

But 2002 was truly a year of milestones for this company, for the leadership changed hands. And with the changing of guards, Nintendo released new games for the Nintendo GameCube. Games like Mario Party 4, Animal Crossing, Super Mario Sunshine, Eternal Darkness and the game that found many more players - Metroid Prime. This was so popular that at the end of 2002, Nintendo could rightfully boast that it there were over 25 million Game Boy Advance units installed in homes around the world.

2002, was also the year that Nintendo went online by releasing the Nintendo Gamecube’s first online game called Phantasy Star Online.

This June 30, 2005 Nintendo Co. Ltd. announced that its revenues have decreased by 14% due to the decreased sales of Game Boy Advances, and other games, as well lower currency exchange gains.

However, this company has weathered a century of business challenges by staying at the forefront of technology. It is only a matter of time, when its stocks will bounce back.

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