On Oct 30, KBC securities showed cuts in rating on game console as well as on Nintendo Company. Nintendo announced earnings for the first half of the year.  Hiroshi Kamide has highlighted Nintendo’s heavy dependency on U.S. as well as on European markets. The shares of Nintendo were up by 8.6 percent at 29,970 yen.

Nintendo’s DS handheld game and the Wii console both have rivals machines from Sony and Microsoft which was helped by latest games such as Wii Fit home exercise. Kamide also said that he was expecting Wii to achieve highest demand in the coming years.

 


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