Nintendo's Switch 2 Reveal: A Stock Surge and Kamiya's Ire
Nintendo's recent Switch 2 announcement sent shockwaves through the industry, boosting the company's stock price while simultaneously eliciting a furious response from renowned game director Hideki Kamiya regarding pre-release leaks. This article delves into both the financial success and the controversy surrounding the reveal.
A Happy Shareholder Base
Following the official announcement, Nintendo saw a significant increase in its share price. Kantan Games CEO Serkan Toto, in a January 16, 2025, VGC interview, attributed this to investor relief. The fear of repeating the Wii U's underperformance, due to perceived over-innovation, was apparently allayed by the Switch 2's more iterative design. While the stock had steadily climbed throughout 2024 amidst leaks, the official reveal pushed it to a peak of $15.77 USD, exceeding any point in the previous year. Toto noted that, while the leaks dampened the surprise element, the announcement's impact remained positive. The lack of significant detail in the initial announcement only served to heighten anticipation for the April 2nd Nintendo Direct.
Kamiya's Condemnation of Leaks
Hideki Kamiya, a prominent figure in game development, unleashed a torrent of criticism on social media towards those responsible for the Switch 2 leaks. His frustration stemmed from a stark contrast to the successful, spoiler-free reveal of Okami at The Game Awards. Kamiya's Twitter (X) post conveyed his anger, wishing a comical but pointed curse upon the leakers. He emphasized the negative impact of these leaks on Nintendo's potential post-announcement gains, highlighting the leakers' self-serving motivations. This sentiment was echoed by former Nintendo of America employees Kit Ellis and Krysta Yang, who, in a pre-announcement YouTube video, confirmed Nintendo's extreme displeasure with the leaks.
The Enigmatic "C" Button
One of the most debated aspects of the Switch 2, based on leaks, is the mysterious "C" button on the right Joy-Con. Two primary theories have emerged: a communication-focused function (codenamed "Campus," potentially enabling voice chat and screen sharing for Nintendo Switch Online subscribers) and mouse-like functionality for improved control in certain genres, particularly first-person shooters. The latter theory gains some credence from the visual presentation of the Joy-Cons in the announcement trailer. However, definitive confirmation awaits the April 2nd Direct.
The April 2nd Nintendo Direct promises to finally shed light on the Switch 2's specifications, launch titles, and pricing, providing answers to many lingering questions. Until then, the debate continues.