Streetbeat News

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

13.20

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

The Pokemon Company, funded by Nintendo ADR (OTC:NTDOY), is investigating 'Palworld' for potential intellectual property infringement. 'Palworld', developed by PocketPair, has been criticized for its resemblance to Pokemon, selling over 8 million copies since January 18. Despite controversy and threats to its developers, the game has seen significant success, even surpassing major titles in initial sales.

Portfolio Pulse from Ananya Gairola

January 25, 2024 | 10:19 am

Nintendo ADR (OTC:NTDOY) is set to discontinue online play for the Nintendo 3DS and Wii U on April 8 at 7 p.m. ET. This marks the end of online services for these consoles, impacting their online gaming communities and presenting challenges for gaming preservation. While offline functions will remain, and software downloads and updates will continue, the closure of online play signifies the end of an era. Pokémon Bank and Poké Transporter services for the 3DS will still be available post-shutdown.

Portfolio Pulse from Franca Quarneti

January 24, 2024 | 11:30 pm

The Detroit Lions are approaching their first NFC Championship game in 32 years, with improved odds of winning Super Bowl LVIII. The article highlights technological and cultural phenomena that did not exist in 1992, the last time the Lions were this close to the Super Bowl, including companies like Amazon and Apple, social media platforms, cryptocurrencies like Bitcoin, and the PlayStation console. Fox Corporation will broadcast the game, and DraftKings provides betting odds.

Portfolio Pulse from Chris Katje

January 22, 2024 | 11:37 pm

Warner Bros. Discovery Inc's (NASDAQ:WBD) Hogwarts Legacy became the best-selling video game in the U.S. in 2023, surpassing titles from Activision and Rockstar. It led in dollar sales on PlayStation, was second on Xbox, and fifth on Nintendo platforms. Other top sellers included Electronic Arts Inc's (NASDAQ:EA) Madden NFL 24, Sony Group Corp.'s (NYSE:SONY) Marvel’s Spider-Man 2, and Nintendo ADR’s (OTC:NTDOY) The Legend of Zelda. U.S. video game spending reached $57.2 billion in 2023, a 1% increase from the previous year.

Portfolio Pulse from Franca Quarneti

January 18, 2024 | 9:09 pm

Microsoft CEO Satya Nadella is optimistic about the Activision acquisition, seeing it as an opportunity for Microsoft to become a 'good publisher' on multiple platforms, including Sony and Nintendo consoles. The deal enhances Microsoft's gaming portfolio with major franchises and supports its cross-platform strategy. Nadella's comments suggest a focus on broad distribution, including potential releases of some Xbox exclusives on rival consoles after initial exclusivity periods.

Portfolio Pulse from Franca Quarneti

January 18, 2024 | 7:37 pm

Physical editions of popular Nintendo ADR's (OTC:NTDOY) Nintendo Switch games are unavailable at various retailers, leading to speculation about a re-release strategy before the rumored Switch 2 launch. Titles like 'Paper Mario: The Origami King' and 'Metroid Dread' are out of stock, and major retailers such as Amazon (NASDAQ:AMZN), Walmart (NYSE:WMT), Target (NYSE:TGT), and GameStop (NYSE:GME) are affected. The speculated re-releases may feature new SKUs and branding, and Nintendo is advised against panic buying, suggesting a strategic move rather than a scarcity tactic.

Portfolio Pulse from Franca Quarneti

January 11, 2024 | 9:09 pm

Following the success of 'The Super Mario Bros. Movie,' which grossed over $1 billion, Nintendo Co (OTC:NTDOY) is hinted to be exploring more film projects. Shigeru Miyamoto, Mario's creator, is considering unique opportunities for Nintendo in movies and amusement parks. Comcast Corporation (NASDAQ:CMCSA), through Universal Pictures, distributed the Mario movie. A 'The Legend of Zelda' live-action film, a collaboration between Nintendo and Sony Group Corp (NYSE:SONY), has also been announced. The success of the Mario movie and potential sequels or spinoffs could positively impact Nintendo's stock, which has seen a 21% increase over the last year.

Portfolio Pulse from Chris Katje

January 06, 2024 | 1:19 pm

Jack Black, known for voicing Bowser in 'The Super Mario Bros. Movie', has joined the cast of the 'Minecraft' movie, produced by Vertigo, Legendary, and Warner Bros. Discovery (WBD). The film, set for release on April 4, 2025, also stars Jason Momoa and is directed by Jared Hess. Black is also involved in 'Borderlands', a Lions Gate Entertainment (LGF) film based on the Take-Two Interactive Software (TTWO) game. 'Super Mario', produced by Nintendo (NTDOY) and Universal Pictures (CMCSA), was a major hit. Microsoft (MSFT) acquired Mojang, the studio behind 'Minecraft', which continues to grow in popularity.

Portfolio Pulse from Chris Katje

January 03, 2024 | 7:16 pm

Sony Group Corporation has acquired a 9.87% stake in Japanese mobile game developer Akatsuki, aiming to expand its mobile gaming reach globally. Additionally, Koei Tecmo, affiliated with Nintendo ADR, has partnered with Akatsuki, acquiring 7.97% of its shares to develop next-gen live-ops games for the global market. This follows Sony's partnership with NCSoft and comes as Microsoft plans to launch its mobile gaming store after acquiring Activision Blizzard King.

Portfolio Pulse from Franca Quarneti

December 21, 2023 | 3:16 pm

Warner Bros. Discovery Inc's NetherRealm Studios announced updates for Mortal Kombat 1, including cross-play support for PC, PS5, and Xbox Series X | S by February 2024. However, Nintendo's Switch will not have cross-play initially. An upcoming update will introduce a Wi-Fi filter and character tweaks, with a focus on the DLC character Quan Chi, available for Early Access on Dec. 14 and for others on Dec. 21.

Portfolio Pulse from Franca Quarneti

December 14, 2023 | 9:58 pm

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