Nintendo has been a cultural phenomenon in Japan for decades, and today, that influence is global, powered by franchises like Pokémon, Mario and Zelda. But after hitting highs in August, Nintendo shares have pulled back as investors weigh a potential memory and chip-cost squeeze that could pressure Switch 2 margins.

Join Dan Koh and Ryan Huang on Companies to Watch as they unpack the latest headlines behind the US$14 billion market value drop, the key growth drivers still supporting the Switch 2 cycle, and what investors should look out for ahead of Nintendo’s next results update.