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Analysts sour on Miitomo reveal, mobile game delay

by rawmeatcowboy
29 October 2015
GN Version 5.0

Coming from a Bloomberg feature...

“Nintendo’s world-famous contents are Mario and Zelda -- instead we saw Miitomo. The expectations were for a game release this year, so it’s a clear negative that the earnings recovery will now come later." - Tomoaki Kawasaki, an analyst at Iwai Cosmo Securities Co.

When it comes to the investor reaction, I completely understand the negative response to the mobile game delay. We all thought 2015 was going to be it, and now the first outing is pushed to 2016. When it comes to the negative reaction to Miitomo, that's where I think analysts are being a bit silly. Perhaps if they were more familiar with Nintendo's IP outside of the top guns, they might see reason to expect success from Miitomo.

[Link]