Nintendo’s Yearslong Wait for Blue-Chip Status May Soon Be Over
- Japan gamemaker seen as top candidate for Nikkei 225 inclusion
- Recent changes by Nikkei Inc. seen paving way for Nintendo add
A sculpture of Mario at a Nintendo Store in Tokyo..
Photographer: Stanislav Kogiku/SOPA Images/Getty Images
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Nintendo Co. is widely expected to be added to the Nikkei 225 Stock Average in the next review of the blue chip gauge, ending years of waiting for the Japanese maker of hit games from Mario to Pokemon.
The stock has been excluded so far due to concerns over the potential impact on the average of Nintendo’s large share price, which is currently over 52,000 yen ($474). Changes announced by Nikkei Inc. in July that allow for the adjustment of high-priced stocks added to the price-weighted measure are seen as paving the way for Nintendo’s inclusion.