From Nintendo to Sanrio, Japanese entertainment stocks face AI headwinds
Japanese entertainment companies are facing stock price declines as it remains unclear to what extent AI will impact Mario, Hello Kitty and their intellectual property brethren. (Nikkei montage/Source photo by Youichi Iwata)
TOKYO — Japan’s soft-power giants have reached a stock market turning point as the post-COVID surge gives way to an artificial intelligence boom, prompting a sectorwide valuation re-rating.
