Game and Nintendo

nintendo return: Nintendo had been struggling in recent years as people shifted to playing games on smartphones rather than home or hand-held consoles, and the Kyoto-based game innovator was reluctant to enter the field, according to The Japan Times. But last year, Nintendo finally announced it would jump into the smartphone fray. Given the game promising start, investors are taking another look at Nintendo Co., whose value has shot up by about ¥1.5 trillion since Pokemon Go was released on July 6 in the United States, Australia and New Zealand. In that sense, some may wonder whether the early success of Pokemon Go is a prelude to Nintendo return to the top of the video game heap. Analysts said the frenzy does not necessarily promise a bright future because the game was not directly developed by Nintendo, which also means its contribution to earnings also will remain unclear. But it not that simple. (news.financializer.com). As reported in the news.