OSAKA -- Nintendo's announcement that its first smartphone offering will be a communication app resulted in a sluggish stock price. Investors disappointed with the gaming company were obviously looking for "Super Mario Bros." and other world-famous amusement brands.
Nintendo President Tatsumi Kimishima outlines his company's management plan in Tokyo on Oct. 29. Some market watchers believe, however, Nintendo expected market disappointment. Market players are closely watching to see if Nintendo can surprise investors by making a big leap without its superstar game.
