Nintendo Stock Increases by 11 Percent Due to Weakening Yen

Japanese stocks have risen this week for key companies who export to other regions on a global scale, including Nintendo.

A Bloomberg report confirms an increase of stock by 11 percent to 11,850 Yen - the biggest gain for the House of Mario since 2008. The move comes as the value of the Yen weakens and the company relying on a third of sales from Europe, allowing for a greater revenue on export.

This is due to the Yen reaching a three-year low against the Euro, which allows for an increase in income when Nintendo and other Japanese companies export to Europe.