Japan: Nintendo stock tumbles amid US recession fears

Japan’s benchmark stock index The Nikkei has seen its biggest fall in four decades this morning amid fears of a looming American recession in the world’s biggest economy. Nintendo, Capcom, SEGA, and more, saw stock fall sharply with Nintendo suffering the most losses with shares down more than 15% this morning. Here’s the damage which has been done so far for Japanese video gaming companies:

• Nintendo -15%
• SEGA -13%
• Capcom -16%
• Nexon -13%
• Cave -23%
• Konami -8%
• Sony -6%
• Marvelous -10%
• Cyberagent -10%
• Koei Tecmo -6%
• Square Enix -5%

Source / Via