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NTDOY

Nintendo Co. Ltd

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

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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

13.20

Mkt cap

62B

Volume

89K

High

13.32

P/E Ratio

29.56

52-wk high

15.01

Low

13.20

Div yield

N/A

52-wk low

11.35

Nintendo ADR (OTC:NTDOY) has delayed the release of the Nintendo Switch 2 until March 2025 to secure initial stock and a lineup of popular software, including measures to prevent resale. The new console is expected to feature hybrid functionality with a larger screen and higher-definition image quality. Despite a slight decline in sales, the original Switch has sold 139.36 million units and has 122 million recorded players in 2023.

Portfolio Pulse from Franca Quarneti

February 26, 2024 | 5:24 pm

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.

Portfolio Pulse from Franca Quarneti

February 05, 2024 | 11:13 pm

China's National Press and Publication Administration (NPPA) approved 32 foreign video games, including Tencent Holdings ADR's (OTC: TCEHY) Dungeon & Fighter (DnF) Mobile, leading to a 2.9% stock surge for Tencent in Hong Kong. This approval marks a significant shift after China's recent regulatory crackdown on the gaming industry. Nintendo ADR's (OTC: NTDOY) games Kirby Star Allies and Taiko no Tatsujin, also published by Tencent in China, were among the approved titles. The move is seen as an effort to restore confidence in the gaming sector, which had been impacted by draft regulations aimed at curbing excessive gaming.

Portfolio Pulse from Franca Quarneti

February 02, 2024 | 7:01 pm

Analysts are skeptical about the success of Nintendo ADR's (OTC:NTDOY) anticipated Switch 2, comparing it unfavorably to the original Nintendo Switch. Goldman Sachs and Macquarie Group analysts express doubts about the new console surpassing the original's profits or expanding Nintendo's market. Despite concerns, including the choice of an LCD screen over OLED, Nintendo plans to produce 10 million units for a $400 launch in April 2024.

Portfolio Pulse from Franca Quarneti

February 01, 2024 | 11:38 pm

Nintendo ADR (OTC:NTDOY) is reportedly planning a major launch for the Switch 2 console in 2024 with an 8-inch LCD screen. Despite some criticism over not using OLED, Nintendo intends to produce 10 million units for the fiscal year starting April 2024, aiming for a massive launch with a retail price around $400. The LCD screen may be a cost-saving strategy, with an OLED version potentially releasing later. Details on the console's hardware and launch titles are still unknown, but the production plans indicate Nintendo's strategy to prevent shortages.

Portfolio Pulse from Franca Quarneti

January 29, 2024 | 9:21 pm

Palworld, an open-world survival game, has surpassed Fortnite in daily Xbox players on January 22nd, according to Circana's Player Engagement Tracker. Despite its success, including selling 7 million copies in Early Access and becoming the second-most-played game on Steam, Palworld faces cheating issues. Developer Pocketpair released a patch to combat cheats and exploits but acknowledged the difficulty in completely preventing cheating. The game currently lacks an anti-cheat system, and experts suggest shifting authority to the server to reduce exploits. Palworld plans to introduce PvP gameplay, making cheat prevention crucial. The game has also been controversial, facing accusations of being a Pokémon rip-off and receiving death threats, while Nintendo has taken action against a Pokémon mod and The Pokémon Company intends to investigate potential intellectual property infringement.

Portfolio Pulse from Franca Quarneti

January 25, 2024 | 5:06 pm

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