Streetbeat News

NTDOY

Nintendo Co. Ltd

https://www.nintendo.co.jp/

Employees

1

Industry

Other Gambling Industries

nintendo co., ltd., together with its subsidiaries, develops, manufactures, and distributes electronic entertainment products in japan, the americas, europe, and internationally. it offers video game platforms, playing cards, karuta, and other products; and handheld and home console hardware systems and related software. the company was formerly known as nintendo playing card co., ltd. and changed its name to nintendo co., ltd. in 1963. nintendo co., ltd. was founded in 1889 and is headquartered in kyoto, japan.

Open

13.52

Mkt cap

62B

Volume

131K

High

13.52

P/E Ratio

29.00

52-wk high

15.01

Low

13.34

Div yield

N/A

52-wk low

11.27

Black Myth: Wukong led August 2024 gaming revenue rankings across six major markets, excelling on multiple platforms. Sony's PlayStation saw it as the third-highest-grossing title. Meanwhile, The First Descendant faced revenue declines, and established games like World of Warcraft and Lego Star Wars saw boosts in player engagement.

Portfolio Pulse from Franca Quarneti

September 24, 2024 | 10:59 pm

Nintendo and The Pokémon Company have filed a patent infringement lawsuit against Palworld developer Pocketpair, focusing on the game's monster-catching mechanics. This legal action could significantly impact Pocketpair, potentially forcing changes to the game. The lawsuit's timing aligns with recent patent approvals, suggesting a strategic move by Nintendo.

Portfolio Pulse from Franca Quarneti

September 20, 2024 | 4:42 pm

Nintendo and The Pokémon Company have filed a lawsuit against indie developer Pocketpair, accusing them of patent infringement with their game Palworld. The lawsuit seeks to halt the alleged infringement and obtain compensation for damages. Pocketpair, unaware of the specific patents in question, has expressed concern over the impact on their development process but remains committed to improving Palworld.

Portfolio Pulse from Franca Quarneti

September 19, 2024 | 6:13 pm

Sony is set to release the PlayStation 5 Pro on November 7, featuring a 45% performance boost and priced at $700. This launch aims to boost sales ahead of the holiday season. Sony's recent financial performance showed a 2% revenue increase, with a decline in PlayStation 5 sales. Investors can access Sony through ETFs like PID and KOMP.

Portfolio Pulse from Anusuya Lahiri

September 10, 2024 | 6:31 pm

Sony Group Corp. (NYSE:SONY) has increased the price of its PlayStation 5 in Japan due to economic factors like a weakened yen and inflation. Analysts suggest this price hike is likely contained to Japan for now, but future global adjustments aren't ruled out. The potential release of a PS5 Pro could further impact pricing strategies.

Portfolio Pulse from Franca Quarneti

September 06, 2024 | 8:15 pm

Sony's CFO Hiroki Totoki admitted that the company lacks enough homegrown intellectual properties (IP), posing a challenge against rivals like Nintendo and Disney. Despite successful franchises like The Last of Us, Sony's transmedia offerings are sparse. The company aims to leverage technology and creativity, with potential growth in the anime sector through Crunchyroll.

Portfolio Pulse from Franca Quarneti

September 05, 2024 | 9:10 pm

GameStop is converting some stores into retro gaming retailers, focusing on older consoles and games to attract nostalgic gamers. This move aims to counteract the shift towards digital gaming and boost sales. GameStop's stock has risen recently, and more details may be revealed in their upcoming financial report.

Portfolio Pulse from Chris Katje

August 29, 2024 | 4:53 pm

Electronic Arts' EA Sports College Football 25 topped July's revenue charts, marking a successful return. Nexon's The First Descendant and Nintendo's World Champions: NES Edition also made notable debuts. Established titles like Fortnite and Grand Theft Auto 5 maintained strong positions.

Portfolio Pulse from Franca Quarneti

August 27, 2024 | 9:05 pm

Nintendo is hosting a double-header event on August 27, featuring the Indie World Showcase and Nintendo Direct: Partner Showcase. These presentations will provide updates on upcoming games, but no news on the next-generation console is expected.

Portfolio Pulse from Franca Quarneti

August 26, 2024 | 5:17 pm

The U.S. video game industry saw a 10% increase in spending in July 2024, driven by strong sales in hardware, content, and accessories. Electronic Arts' EA Sports College Football 25 was a top seller. Despite a cautious 2024 outlook, 2025 is expected to see significant growth with new hardware from Nintendo and the release of Grand Theft Auto 6 by Take-Two Interactive.

Portfolio Pulse from Franca Quarneti

August 22, 2024 | 6:41 pm

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