Nintendo shares soar by 11 percent

Satoru Iwata

As the Japanese yen reached a three-year low against the Euro, Nintendo’s share prices have soared as a result.

They jumped upward by 11 percent to settle on 11,850 yen, which is the company’s largest gain since 2008.

Whilst a positive sign for company value, it was largely made possible through the fact that Europe accounts for a third of its sales, exporters such as Nippon Sheet Glass also benefitting.

[Thanks Bloomberg]

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