Nintendo share price drops 33% in five months amid Switch 2 price uncertainty

Nintendo's stock value has plummeted significantly since August 2025, with the company's share price now sitting 33% lower than its record high just five months ago.

The details:

• As reported by GameSpark, Nintendo's share price dropped to 9,950 JPY ($62.70 USD) on Tuesday in Japan, marking the first time the stock has fallen below the 10,000 JPY threshold since April 2025. At its peak in August 2025, the share price had reached 14,795 JPY ($93.23), the highest point in the company's history.
• The initial spike in August was likely driven by strong Switch 2 sales following the console's June 2025 launch in Japan and the US. However, sales momentum has slowed considerably during the Christmas period, despite the Switch 2 still outselling its predecessor.
• There are several factors resulting in such a sharp decline, including the lack of a major first-party game release to drive sales, while memory prices and international tariffs pose ongoing concerns for shareholders. Nintendo president Shuntaro Furukawa recently acknowledged that rising RAM costs and tariffs remain an issue for the company's profit margins, especially for the American market, potentially leading to a price increase for the console.