by Grace Huang
Nintendo Co. rose the most in almost five months after its new Mario Kart 8 video game surpassed 1 million units in sales in the U.S.
Nintendo’s affiliate The Pokemon Co. also will make an online trading card game available as an application for Apple Inc’s iPad later this year, Engadget reported, citing the company without identifying anyone.
Nintendo rose as much as 6.5 percent, the most since March 24 on an intraday basis, before trading 5.9 percent higher at 11,950 yen at 10:25 a.m. in Tokyo.
Mario Kart 8 and a lineup of figurines that interact with games are part of the company’s strategy to revive flagging sales of its Wii U console and retain players who are shifting to games on smartphones and faster consoles like Sony Corp’s PlayStation 4 and Microsoft Corp’s Xbox One.
“Mario Kart 8 is selling well in other regions, as well,” said Yasuhiro Minagawa, a spokesman for Nintendo.
The Pokemon trading card game is already available for desktop computers, according to the company’s website. The Tokyo-based company’s media relations office didn’t immediately respond to a telephone message seeking comment.