Nintendo’s share price fell by more than 10%, and the lineup for Switch 2 games did not meet shareholders’ expectations

任天堂股價下跌

Nintendo’s American Depositary Shares (NTDOF) fell by more than 10% in a single day after Nintendo’s Direct concluded on June 9. The Switch 2 holiday-game lineup announced at the Direct included a remastered version of The Legend of Zelda: Ocarina of Time and Xenoblade Chronicles: Genesis, releasing in 2027, failing to meet investors’ expectations for the upcoming holiday sales season.

Switch 2 confirmed game list announced at the June Direct

According to the official content from the June 9, 2026 Direct:

The Legend of Zelda: Ocarina of Time Remake: Confirmed for a 2026 release; Nintendo announced it as a teaser-style promotional video and did not include any gameplay demonstration

Fire Emblem: Fates' Weave: Confirmed for a September 17, 2026 release (previously teased)

Xenoblade Chronicles: Genesis: First gameplay revealed; confirmed for a 2027 release and not within the 2026 holiday sales window

No new 3D Mario adventure game was announced at this Direct.

Nintendo stock data and confirmed figures from the annual financial report

NTDOF stock performance (as of June 9, 2026): The Direct day saw a drop of more than 10%; cumulative decline since early 2026 exceeded 30%; about a month before the Direct, it reached a recent high, but then pulled back.

Confirmed figures from Nintendo’s fiscal annual report on May 8, 2026: Cumulative Switch 2 hardware sales since it launched in June 2025: 19.86 million units.

Switch 2 price adjustment confirmed as a fact: The price increase in Japan has already been implemented; Nintendo confirmed that price increases in other regions will take effect in September 2026.

Background on the timing of the Direct

The last Nintendo Direct was held in September 2025. Nintendo has not yet released a schedule for the next regular Direct.

Frequently Asked Questions

What is the confirmed release timing for The Legend of Zelda: Ocarina of Time Remake?

At Nintendo’s Direct on June 9, 2026, Nintendo confirmed that The Legend of Zelda: Ocarina of Time Remake will be released in 2026, but did not announce the specific month or date. The official promotional video does not include gameplay footage, and specific development details have not been disclosed.

What are the Switch 2 sales numbers confirmed in Nintendo’s annual financial report?

According to Nintendo’s annual financial report released on May 8, 2026, Switch 2 has sold 19.86 million units cumulatively since it launched in June 2025.

How has Nintendo’s NTDOF performed overall in 2026?

NTDOF has cumulatively fallen by more than 30% since early 2026, and then dropped further by more than 10% on the single day after the June 9, 2026 Direct. About a month before the Direct, NTDOF briefly reached a relative recent high, but then continued to trend downward.

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