Nintendo Stock Increases Due to Weakening Yen

Stock at Nintendo and other Japanese studios has risen due to the weakening Yen in combination with a strengthening US job market.

According to GamesIndustry, stock at Nintendo rose to 10,330 Yen, an increase of around 8 percent, as of the market's closing on March 8th. Other key companies based in Japan, including Sony, Capcom and Namco Bandai, have also benefited from the weakening rates of the home currency.

The move is beneficial for Nintendo as it increases the value earned from overseas business, with around 39% of the company's sales coming from North America - a rather large proportion of overall revenue.