Following last week's movement in the wake of the Activision Blizzard deal announcement, this week has seen general growth across the board - and particularly in light of a strong set of sales figures from NPD for November.
Console sales in Japan have surged upwards once again with the DS, Wii and PlayStation Portable all seeing significant week on week double digit growth.
Although Nintendo has not made any official announcement, according to sales data released by Famitsu, the Wii has now passed the total cumulative sales of the GameCube in Japan
Nintendo is considering pulling its television advertising campaign for the Wii console because the company cannot manufacture enough consoles to meet the demand
Reggie Fils-Aime, president of Nintendo in the US, has hit back at claims that shortages of the Wii console may have been artificially created in order to generate marketing hype.
Following last week's general market decline, the subsequent optimism surrounding strong retail performances in both the US and Japan have seen gaming shares fare rather better across the board.
Nintendo faces a new threat from piracy this Christmas, as the R4 chip for the DS handheld becomes one the most sought after items in Tokyo's Akihabara electronics district.
Mario Party DS continued to sell well in Japan last week, with 116,000 units of the Nintendo title flying off shelves to keep it top of the software chart.