On Monday morning in Japan, significant financial market turbulence arose due to the implementation of US tariffs, resulting in a 7.83% drop in the Nikkei 225 index. Major Japanese companies in the video game sector, including Capcom, Nintendo, and Sony, faced sharp declines in stock value. The tariffs, particularly a 24% duty on all goods, have affected sales by increasing prices for consumers in America, leading to concerns about reduced demand for both software and hardware in the gaming industry, especially with the upcoming Nintendo Switch 2 release.
Companies like Capcom, Nintendo, Sony, Bandai Namco and more have all seen sharp declines in stock value due to the 24% tariff imposed by the US.
The USD 24% tariff on imported goods is reshaping the landscape for Japanese companies, particularly in sectors like video games that are heavily reliant on US sales.
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