|Day's Range||41.01 - 42.20|
|52 Week Range||24.12 - 44.33|
|PE Ratio (TTM)||43.81|
|Dividend & Yield||0.62 (1.53%)|
|1y Target Est||N/A|
Japan's Nikkei share average inched up in choppy trade on Thursday morning, underpinned by record U.S. closing highs after the Federal Reserve signalled some concern about slow inflation, while Nintendo soared after its profit beat market expectations. After opening lower, the Nikkei erased losses and was up 0.2 percent at 20,093.41 at the end of the morning session. The Fed maintained its benchmark lending rate and said it was continuing the slow path of monetary tightening.
Shares in video games maker Nintendo (7974.JP) powered up as much as 5.2% in Tokyo trading Thursday after the company blasted through analyst forecasts for its quarterly results. Nintendo maintains its forecasts for selling 10 million units of its wildly popular Switch console this year, which combines both portable and home-based gaming technology. “This is typical Nintendo,” he says, referring to the company’s own cautious guidance on sales.
Nintendo kept its sales forecast for the Switch console unchanged despite strong demand, reflecting what analysts said is a supply bottleneck that could hurt the company during the critical year-end holiday ...