Nintendo has seen an enormous surge in market value and stock prices after Capcom announced that it would be bringing Monster Hunter XX: Double Cross to the Nintendo Switch. Analyst Serkan Toto pointed out this morning that the jump was absolutely unprecedented:
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Nintendo stock just ended trading +5.48% after the Monster Hunter announcement.
That’s +$2.2 billion (no typo) in market value in one day.
— Dr. Serkan Toto (@serkantoto) May 26, 2017
“Nintendo stock just ended trading +5.48% after the Monster Hunter announcement. That’s +2.2 billion (no typo) in market value in one day.” That’s unheard of, even for a company as big as Nintendo. Stocks go up and they go down, almost constantly, and investors are incredibly fickle beings who aren’t always in touch with what will truly matter to the bottom line of a company in the long run.
They got this one right, though.
Monster Hunter coming to the Nintendo Switch is something that we all knew was going to happen, but the confirmation was still earth-shattering. This is a franchise that has seen continued extreme success in the East. In fact, to say “extreme success” is a bit of an understatement. When you talk about Monster Hunter in Japan, you’re talking about a series of games that is just as well-known and as deeply-loved as games like Pokémon, Final Fantasy, or Dragon Quest.
People lose their minds for these games, investing hundreds and even thousands of hours into every iteration. Monster Hunter XX is the follow-up to the wildly successful Monster Hunter Generations, but it hasn’t made it to the West just yet. We’re still feasting on Generations on the 3DS, and the thought of a full-HD Monster Hunter game on the big screen with fully-featured online multiplayer is worth salivating over. This is going to be big.
What’s even more encouraging is the fact that it just might end up on our Switches some time this year. Monster Hunter XX was released in Japan back in March, which means that the localization process has likely been under way in tandem with the Switch port. The port, by the way, shouldn’t take too long, since most 3DS games are developed using HD assets and then scaled down for the 3DS. That’s how Nintendo does it, anyway, and Capcom is no stranger to dual releases. Monster Hunter 3 Ultimate was released on the 3DS and the Wii U, and it worked wonderfully.
We’ll have more on Monster Hunter XX as soon as we can.
