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NTDOY

Nintendo Co. Ltd

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

Employees

Industry

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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

Nintendo plans to launch the successor to its Switch console no earlier than March 2025, according to a report by Nikkei. This announcement may impact investor expectations and the company's stock performance in the short term.

Portfolio Pulse from Charles Gross

February 26, 2024 | 10:04 am

Nintendo Co (OTC:NTDOY) shares dropped 6% amid reports of a potential delay in the launch of its next-generation console, rumored to be the Switch 2, until early 2025. The delay is a deviation from the original plan to release the console later this year. Despite no official confirmation from Nintendo about the successor to the Switch, expectations are high for the new device. The delay news follows earlier reports of a significant upgrade for the rumored console, including an 8-inch LCD screen, which faced criticism from fans.

Portfolio Pulse from Benzinga Neuro

February 19, 2024 | 10:27 am

Microsoft Corp is reportedly planning to release Xbox games Hi-Fi Rush and Pentiment on Sony's PlayStation and Nintendo's Switch, marking a significant strategy shift. This move aims to increase gaming revenue and game reach amidst slowing Xbox Game Pass subscriptions and trailing Xbox Series S and X sales behind PlayStation 5. The decision comes after Microsoft's acquisition of Activision Blizzard and amidst Sony's PS5 market dominance. Sony also announced financial plans and revised its FY23 sales outlook.

Portfolio Pulse from Benzinga Neuro

February 15, 2024 | 4:20 am

Nintendo Co Ltd (OTC:NTDOY) has increased its Nintendo Switch sales forecast to 15.5 million units for the current fiscal year, following a strong December quarter. The boost is attributed to the success of the 'Super Mario Bros. Movie' and a new Zelda game. Despite a 6% drop in net sales for the October to December period, net profit rose by 18%. The company plans to release new games featuring Mario characters. Speculation about a new Nintendo Switch model has led to a 14% rise in Nintendo's Tokyo-listed shares.

Portfolio Pulse from Benzinga Neuro

February 06, 2024 | 9:05 am

Microsoft Corp. is reportedly considering releasing certain Xbox games, including Indiana Jones and the Great Circle and possibly Starfield, on Sony Group Corp.'s PS5. This potential shift to multi-platform gaming may also extend to Nintendo ADR's Switch. The strategy reflects Microsoft's broader aim to be a 'good publisher' across multiple platforms, following its acquisition of Activision Blizzard. The move could change the exclusivity dynamics of future titles like The Elder Scrolls 6.