Japan’s two largest gaming platforms are doing well.
Nintendo with Sony There are very important important years. Sony has just released the PS5, which is huge for any company. However, it is also supported by high-profile first-party releases such as “Last of Us 2” and “Ghost of Tsushima”.
On the other hand, Nintendo’s performance in distribution is mediocre, mainly “Animal Crossing: New Horizons.” However, because it invites more players to join the console, the console releases special numbers every month. The latest sales of Switch are nearly 70 million units. Even in the year without a new Switch version, without Mario or Zelda, consoles continue to be sold.
It seems that entering the holiday season is an inspiring climax for the company. According to Bloomberg News, Nintendo’s stock price rose by 6.6%, the largest increase in a year. It has now reached its highest peak since December 2007. For reference, this puts the company at the highest point since Wii Fit went public, which is a legendary period of prosperity for the company.
On the other hand, Sony’s stock is equally impressive now. The company’s price is the highest since the PlayStation 2 peaked in 2001. Of course, this is supported by the impressive sales of the PlayStation 5, which is said to be Sony’s best-selling product ever.
It is said that Capcom and Koei Tecmo also set a new high yesterday, which shows that video games have achieved greater success this year. Although the coronavirus has swept the world in most industries, in the current situation, the all-weather nature of games and the entertainment they provide seems to be booming.