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

Minecraft Realms, a subscription service by Microsoft, is facing connectivity issues following an update. Despite efforts to fix the problem, many users remain affected, causing frustration among the community.

Portfolio Pulse from Franca Quarneti

August 20, 2024 | 4:31 pm

Nintendo has informed developers that the release of its next gaming console, the 'Switch 2,' will likely not occur before April 2025. The new console is expected to feature a larger 1080p screen, magnetically attached controllers, and compatibility with existing Switch games. Nintendo aims to sell an additional 13.5 million units of the current Switch by the end of the fiscal year.

Portfolio Pulse from Anusuya Lahiri

August 14, 2024 | 5:42 pm

Elden Ring topped the best-seller charts in June 2024 due to its new expansion, Shadow of the Erdtree. Kingdom Hearts Integrum Masterpiece saw a significant sales boost after its Steam debut. Sony's PlayStation 5 led hardware sales, followed by Nintendo Switch and Microsoft's Xbox. Overall, U.S. video game market spending fell 5% year-over-year in June 2024.

Portfolio Pulse from Franca Quarneti

August 02, 2024 | 8:55 pm

Nintendo ADR (OTC:NTDOY) reported a significant decline in Q1 FY2025 sales and net profit, attributing the drop to a limited release schedule. Key financial metrics include a 46.5% decrease in net sales and a 55.3% drop in net profit. Hardware and software sales also saw substantial declines.

Portfolio Pulse from Franca Quarneti

August 02, 2024 | 6:18 pm

Microsoft Corp. (NASDAQ:MSFT) has announced its plans for gamescom 2024, featuring three days of live broadcasts showcasing new games and updates. The event will run from August 21 to August 23, with daily streams from the Xbox booth and Bethesda. Notably, Sony Group Corp. (NYSE:SONY) and Nintendo ADR (OTC:NTDOY) will not attend the event.

Portfolio Pulse from Franca Quarneti

August 01, 2024 | 8:36 pm

Microsoft's Q4 earnings report shows a 42% decline in Xbox hardware sales, continuing a downward trend. However, overall gaming revenue surged 44% year-over-year, driven by the acquisition of Activision Blizzard. Industry-wide, major console makers like Sony and Nintendo also saw declines in hardware sales.

Portfolio Pulse from Franca Quarneti

July 31, 2024 | 8:11 pm

The latest consumer tech news includes Japan's increasing reliance on foreign digital services like Amazon Prime and YouTube Premium, China's AI regulation efforts, a legal ruling favoring Apple, Netflix discontinuing its cheapest ad-free plan, and various updates from Microsoft, AT&T, Warner Bros. Discovery, and Nintendo.

Portfolio Pulse from Lekha Gupta

July 21, 2024 | 5:50 pm

Nintendo has announced the release of an official Joy-Con Charging Stand for the Switch, set to be available on October 17, 2024. This accessory allows users to charge two Joy-Cons simultaneously and is also compatible with NES controllers. The announcement follows the Switch becoming the longest-running Nintendo home console without a successor.

Portfolio Pulse from Franca Quarneti

July 18, 2024 | 6:20 pm

Nintendo ADR (OTC:NTDOY) has unveiled a new project, Emio – The Smiling Man: Famicom Detective Club, marking the first new entry in the series in 30 years. The game will launch on August 29 and promises a blend of classic detective storytelling with modern gaming elements.

Portfolio Pulse from Franca Quarneti

July 17, 2024 | 8:42 pm

Nintendo has filed a lawsuit against Modded Hardware for distributing pirated games and hardware for the Nintendo Switch. This is part of a broader anti-piracy campaign that includes legal actions against other entities and individuals involved in similar activities.

Portfolio Pulse from Franca Quarneti

July 05, 2024 | 2:59 pm

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