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Nintendo and Sony shares hit highs not seen since the Wii and PS2 eras

Switch maker Nintendo recorded its biggest gain in over a year in Tokyo on Thursday, Bloomberg reports. Shares in the house of Mario jumped 6.6% to reach their highest level since December 2007, the same month Wii Fit and the Wii Balance Board debuted in Japan. Riding high following the PlayStation 5 launch last month, Sony also surpassed the ¥10,000 per share mark for the first time since 2001, the year after PS2 hit the market. PS5 has enjoyed strong sales following its November launch However, Nintendo’s Switch was the highest-selling console in the United States, Europe and Japan last month. Capcom and Koei Tecmo also hit record highs in Tokyo on Thursday.

Nintendo and Sony shares hit records as peak holiday season approaches

Nintendo's Share Value On Tokyo Stock Exchange Hits Highest Level Since The Wii's Glory Days

Nintendo's Share Value On Tokyo Stock Exchange Hits Highest Level Since The Wii's Glory Days © Nintendo Despite the arrival of the PlayStation 5 and Xbox Series X, demand for the Switch is higher than ever – and it has caused Nintendo's share value to jump to the highest level since December 2007 – a period when the Wii was king of the living room. Nintendo's share value rose 6.6% on the Tokyo Stock Exchange today, a spike which has much to do with the incredible demand for the Switch console, which has sold 68.30 million units as of September 30th this year. It's not just Nintendo which is seeing a rise in its share value, however; Sony also reached a personal record, moving past the 10,000 yen-per-share mark for the first time since 2001.