All Japanese Stocks Jump Up 10000% on Google Search

[Update] It seems fixed now (21:40 31th)

Google’s instant stock search feature, one of the quick search results shown at the top of search results page, has been showing ten-thousandfold high price for stock prices on Japanese market today.

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(Nintendo stock on Google and Yahoo! Japan Finance)

American stocks seem to be okay. Only Japanese stocks seem to be affected.

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It has been showing the wrong prices since around the open of the market, 9 a.m. of Japan Standard Time, and has not been fixed 8 hours so far.

Here is the one of the first tweets by whom noticed and shared.

Social Game Vendor Klab Goes IPO On TSE Mothers

KLab [J], a social game vendor announced [J] that they will be listed on Tokyo Stock Exchange Mothers (Tosho Mothers) planned on September 27, 2011.

The company was originally established as an research and development section of CyBird, one of the most successful mobile contents providers for i-mode, Docomo’s feature phone web portal. After leaving CyBird, the company is well known by its social networks and social games with technical background.

Asiajin covered open source Amazon Kindle compatible emulator and hostess club social game for women and some more before.

Nikkei Reporting Facebook-Mixi “Alliance” Lets Mixi Stock Up 6%

Thursday evening we reported that Facebook released a new application to put your updates on Facebook into its local rival Mixi.

2 hours later, 9:15 p.m. 28th (Japan Time), Nikkei reported [J] the news with a title “US Facebook allied(Teikei, in Japanese) with Mixi, shares information on social sites”. Nikkei said that Facebook announced their alliance with Mixi.

On Friday, Tokyo Stock Exchange, Mixi’s stock rose 5-6 % and hovered for the full day, likely by the Nikkei’s report.

By seeing how the app worked with my own accounts, I thought what the Facebook app do with Mixi are limited, and it gives advantages only for Facebook side. So I concluded (tweeted in Japanese) Facebook Japan makes this on regular Mixi’s developers program which is public to anyone. (You need a Japanese cellphone to register the program but it is doable for Facebook.)

At 10:30 a.m. Morningstar Japan reported this “alliance”, but also got Mixi side’s comment, “(They) participate to use our API (a kind of development technology). The expression of alliance is too exaggerated”. Mixi is not planning any release on this.

Most other Japanese media used the word “Renkei”(linkage, interfaced, cooperation, etc.) instead of “Teikei”(ally, affiliate, partnering, cooperation, etc.). “Renkei” means alliance but it can also mean that two things are just connected.

Probably because of Nikkei’s strong influence, Mixi’s stock hovered high for all Friday, to the weekend market closing. The closing quote was 468,000 yen, 28,000 yen/6.36% up. We will see if this trend continues soon on Monday morning.

If this application’s link is not favored by Mixi, Mixi is possible to shut off or interfere the API usage. @agektmr gave me a good tip [J] that Facebook once shut down access to their open API from Google Friend Connect.

Yahoo! Japan is worth $28billion

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The market capitalization of Yahoo! Japan stands at $28 billion (as of Feb. 2008). Telecommunications conglomerate Softbank is the largest shareholder, holding 41% of the company’s shares. Yahoo! owns 33.4% of Yahoo! Japan’s shares. Microsoft’s bid for Yahoo! is $44.6 billion while Yahoo!’s share of Yahoo! Japan is worth $9.3 billion.