After the presentation of its financial results for the last fiscal year (published yesterday), and with the announcement of NX's launch window, which is scheduled for March 2017, the value of Nintendo shares fell down 8% on the Tokyo Stock Exchange.
As reported by Bloomberg and various financial analysts, this drop comes after less-than-stellar sales for Nintendo's current hardware range, and also by the announcement of NX's release month, and a new delay for the Legend of Zelda Wii U, with both now expected to land in March 2017. All these factors have obviously caused a predictable drop in Nintendo's share price on the Japanese Stock Market.
This distrust mainly deepens due to the fact that many shareholders had expected that NX's launch to happen before the next Christmas holiday, but clearly Nintendo has other plans.