Flash_Gordon on 04 January 2013
High level the yen going down is good for NTDOY holders. As the yen weakens it helps Nintendo as an export company but it also causes the price of 7974 (in Yen) to go up to remain at a constant relative value. The second effect is the same principle behind QE raising stocks and gold based in USD. I hope we are all right about Nintendo in 2013 & 2014. If the U starts catching fire speculators will drive NTDOY up like they did 5 years ago ;)
Edit: To be more succinct, the Japanese are diluting their currency value which causes assets like Japanese stock to inflate in price (although not appreciating in actual value).
