Im pretty sure share parcels in the yen stock are still about 300 minimum (300 X 1200 yen = 5000 US$), so investors in the primary stock of the company aren't who expect them to be. In addition, most of the Jap. Stock is owned by Japanese private capital businesses, like Honda, etc, and 10% is owned by Yamauchi. US NTDOY OTC stock is only about 5 or 10% of the entire companies value, hence the cost of share parcels being smaller, and therefore negligible on the whole company.
The point is that most of Nintendo is owned by japanese companies, not american investors, so this whole argument about investor pressure on Nintendo Japan isn't very realistic.
If Nintendo has a great pre-Christmas period in Japan next month, and November, all these headlines will disappear. Im pretty sure Iwata has worked his hardest to ensure this will occur.
“When we make some new announcement and if there is no positive initial reaction from the market, I try to think of it as a good sign because that can be interpreted as people reacting to something groundbreaking. ...if the employees were always minding themselves to do whatever the market is requiring at any moment, and if they were always focusing on something we can sell right now for the short term, it would be very limiting. We are trying to think outside the box.” - Satoru Iwata - This is why corporate multinationals will never truly understand, or risk doing, what Nintendo does.
