Dr. Serkan Toto 🔜TokyoGameShow (@serkantoto) 's Twitter Profile
Dr. Serkan Toto 🔜TokyoGameShow

@serkantoto

CEO of Japan game industry consultancy kantangames.com Advisor for unicorns @playco @AnimocaBrands etc. Ex-慶應義塾大学. 7-lingual. Never financial advice.

ID: 10351072

linkhttps://www.serkantoto.com/ calendar_today18-11-2007 08:52:28

22,22K Tweet

19,19K Followers

562 Following

Sushi Farm (@playsushifarm) 's Twitter Profile Photo

Sushi Farm "Free to Play" is now live! Dive in and become the biggest sushi in town, no matter your gaming background or blockchain knowledge🎉 Start playing today! 👉sushifarm.io Find out more 👉bit.ly/3wY48Kt #SushiFarm #FreeToPlay #Gaming

Sushi Farm "Free to Play" is now live! 
Dive in and become the biggest sushi in town, no matter your gaming background or blockchain knowledge🎉

Start playing today!
👉sushifarm.io 

Find out more
👉bit.ly/3wY48Kt

#SushiFarm #FreeToPlay #Gaming
Dr. Serkan Toto 🔜TokyoGameShow (@serkantoto) 's Twitter Profile Photo

After falling -2.4% in regular trading today, Nintendo stock is falling another -8.45% after market close here in Tokyo. They just reported Q1 numbers that missed analyst estimates. Still unsure how they want to sell 13.5M Switch units this fiscal. cnbc.com/amp/2024/08/02…

Takashi Mochizuki (@6d6f636869) 's Twitter Profile Photo

NEW: As expected, Nintendo posted weak 1Q earnings. Profits missed analyst expectations. Dr. Serkan Toto 🔜TokyoGameShow says "I really wonder how Nintendo wants to achieve their hardware sales target" especially if without hardware price reductions. bloomberg.com/news/articles/…

Dr. Serkan Toto 🔜TokyoGameShow (@serkantoto) 's Twitter Profile Photo

To continue with Nintendo Switch sales in FY24: Q1 3.91M Q2 2.94M Q3 6.9M Q4 1.96M total: 15.7M Now, they in Q1 FY25 sold 2.1M. To reach the FY25 target of 13.5M units, they need 11.4M from Q2 to Q4. That would be almost as many as last year from Q2 to Q4 (11.8M). Not easy.

Dr. Serkan Toto 🔜TokyoGameShow (@serkantoto) 's Twitter Profile Photo

It's Monday 1:30pm in Tokyo now, investors in the stock market continue to panic and are causing a bloodbath: Nintendo -15% Sega -13% Capcom -16% Nexon -13% Cave -23% Konami -8% Sony -6% Marvelous -10% Cyberagent -10% Koei Tecmo -6% Square Enix -5% 1.5h of trading to go. 🤯🤯🤯

Dr. Serkan Toto 🔜TokyoGameShow (@serkantoto) 's Twitter Profile Photo

24 hours later. What a "fun" ride.... Almost all companies regained their Monday losses. Nintendo +12% Sega +13% Capcom +18% Nexon +12% Cave +19% Konami +8% Sony +8% Marvelous +9% Cyberagent +8% Koei Tecmo +6% Square Enix +3% (reports Q1 numbers in 1.5h)

Dr. Serkan Toto 🔜TokyoGameShow (@serkantoto) 's Twitter Profile Photo

On my way to Cologne for #gamescom2024 and just realized I don’t have a ticket for the event - somebody screwed up. If I buy now, they need one day to validate that I am indeed a trade visitor, right? Is there a workaround?

Dr. Serkan Toto 🔜TokyoGameShow (@serkantoto) 's Twitter Profile Photo

Just checked the local Bic Camera. Just when I arrived, staff was changing the PS5 displays for both versions to “sold out”. That was very quick.

Just checked the local Bic Camera. 

Just when I arrived, staff was changing the PS5 displays for both versions to “sold out”. 

That was very quick.
Dr. Serkan Toto 🔜TokyoGameShow (@serkantoto) 's Twitter Profile Photo

The irony here is that a whole range of mobile games that are just being "imported" to Japan from China do very well. 3 of the top 10 grossing apps in 2023 in Japan were made in China - a high number in a market where foreign titles never played a role previously.

Dr. Serkan Toto 🔜TokyoGameShow (@serkantoto) 's Twitter Profile Photo

Brian Ward, the CEO of Saudi Arabia's government-owned Savvy Games Group, says they plan to make a major investment or acquisition in 2025. Source: arabnews.com/node/2569579/s… (Savvy bought Scopely in 2023 for US$4.9B, just before the latter published Monopoly Go on mobile.)

Dr. Serkan Toto 🔜TokyoGameShow (@serkantoto) 's Twitter Profile Photo

Investors seem very disappointed about Star Wars Outlaws' sales numbers and let Ubisoft stock crash. Shares lost over 10% combined in the last 2 days, so the company just slipped to under €2B in market cap in Paris. Ubisoft is almost at a 10-year low.

Investors seem very disappointed about Star Wars Outlaws' sales numbers and let Ubisoft stock crash.

Shares lost over 10% combined in the last 2 days, so the company just slipped to under €2B in market cap in Paris.

Ubisoft is almost at a 10-year low.
Dr. Serkan Toto 🔜TokyoGameShow (@serkantoto) 's Twitter Profile Photo

I don't want to beat this to death, but Ubisoft stock in Paris is currently dropping another -9%... Market cap is down to €1.7B or US$1.9B.

I don't want to beat this to death, but Ubisoft stock in Paris is currently dropping another -9%...

Market cap is down to €1.7B or US$1.9B.