Game and entertainment stocks: Akatsuki and Tokyo Tsushin Group bought on strong earnings, Nippon Ichi Software rises for fifth straight day

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2▲4 ▼1Impact / 5
Summary · why it matters

The Tokyo stock market rose for a third straight day on August 13, with the Nikkei Stock Average closing at 68,308.59, up 784.53 points from the previous trading day. In the game and entertainment sector, decliners outnumbered gainers among the 99 registered stocks, with 42 rising and 50 falling. Mobile game maker Akatsuki rebounded after swinging to an operating profit of 690 million yen in its first quarter results. Tokyo Tsushin Group surged after posting double-digit profit growth in all three segments in its second quarter results. Nippon Ichi Software rose for a fifth consecutive day on the announcement that its new title Village in the Shade will be released on October 27. Meanwhile, Cover fell after reporting a sharp profit decline in its first quarter results.

Impact on assets 5

Communication Services▲
Akatsuki, Inc.
3932
▲ PositiveCapitalrelevance

Akatsuki rebounded after swinging to an operating profit of 690 million yen in Q1 results.

Nippon Ichi Software, Inc.
3851
▲ PositiveDemandrelevance

Nippon Ichi Software rose on announcement that new title Village in the Shade will be released on October 27.

Spatial Computing / AR/VR▼
COVER Corporation
5253
▼ NegativeCapitalrelevance

Cover fell after reporting a sharp profit decline in Q1 results.

Aging Population▲
Akatsuki Corp.
8737
▲ PositiveCapitalrelevance

Akatsuki rebounded after swinging to an operating profit of 690 million yen in Q1 results.