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[STEAM] Capcom, Sega, and Nintendo stocks tumble in Japanese market panic - but why?


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Let's start in Japan, with the likes of Capcom and Nintendo. Prior to today's events, both companies were doing very well! Nintendo,
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, should be sitting comfortable right now. At the same time, Capcom has been on one ***** of a
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winning streak with recent games, and had sharp stock rises as a result. The ********* yen may have been weak in recent years,
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. All this makes it sound like it's a great time to be a ********* game dev - Kenzo Tsujimoto should be drinking champagne in a ********** suite.

But he certainly isn't today. Capcom has seen a stock decrease of roughly 16%, Nintendo -15%, ***** -13%, Nexon -13%... etc etc. No matter how good a video game company is doing, it's been hit hard. This is because the problem isn't with the video game industry in Japan, but the ********* stock market itself! You've got the onion of economic downfall here - layers upon layers. As of market close, the ********* Nikkei - think of this as a single marker of overall market health -
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. It's worth noting that the value increase of the Yen may have actually hurt the market here, as with it came an increase in interest rates.This is the largest drop since 1987 for the Nikkei - bad news!

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