NTDOF - Nintendo Co Ltd
OTC Market: Pink Limited Information
- - March 16, 2022: Nintendo is not quite a Sony or a Microsoft, but it has a lot going for it. Its large pile of cash and low debt make it a relatively safe bet, while the company’s anticipated expansion into films and theme parks, alongside its impressive IP portfolio, may provide a valuation boost in coming years.
Along with its subsidiaries, Nintendo Co., Ltd. (OTC: NTDOF, NYDOY) is a creator, manufacturer and distributor of home entertainment products in Japan, the Americas, Europe, and other parts of the globe. It offers video gaming platforms, playing cards, Karuta, and other products, as well as Karuta and other games, as well as home console and portable console hardware systems and the software that goes along with them. The company once went by the name Nintendo Playing Card Co., Ltd., but in 1963 it transitioned to its current name, Nintendo Co., Ltd. The Nintendo Company, Ltd. was founded in the year 1889 and now has its headquarters in Kyoto, Japan.
Nintendo Aims To Be Recession Resistant
Video games have shown to be extraordinarily resistant to the effects of economic downturns, and they provide the best value for money among all forms of entertainment. Nintendo has some of the most valuable games and is only one of the numerous low-cost solutions now available. Its branding and financial resources need to be more developed, and the risks to the company are minimal throughout any period considered secular. Continue to make purchases and keep your holdings for the foreseeable future.
Products and Performance
The Legend of Zelda, Mario, and Pokémon are all franchises developed by Nintendo Co. In 2020, when the epidemic first struck, customers, purchased and played more Nintendo Switch gaming systems, and Nintendo's growth surged along with the rest of the industry. With investors worrying about the Japanese gaming giant's slowing growth last year, NTDOY has turned the corner as it finally pushes beyond the comparable comparisons from 2020. When Nintendo announced that it would be postponing the release of the widely anticipated sequel to "Legend of Zelda: Breath of the Wild" until spring 2023, the company was confronted with a challenge. Despite this, NTDOY has several titles recently that are strong enough that they can afford to delay the release of the next edition for a long time. Zelda: Breath of the Wild was also pushed back, yet the game still managed to sell over 25 million copies. 
Animal Crossing: New Horizons is only one example of how recent Nintendo releases have helped raise the company's top line. Other examples include Mario Kart 8 Deluxe and Super Mario Odyssey. The online multiplayer game transformed into a social network during the outbreak, and the company has now distributed over 35 million copies of it. The blockbuster lineup for this year, which includes a large number of Pokémon releases as well as classics like Super Mario Brothers, will help rejuvenate the Nintendo Switch, which is the primary device produced by the business.
Earning Trends and Future Estimates
twice It has only happened in the last five years that NTDOY's earnings have fallen short of projections, and in the nine most recent quarters, NTDOY has regularly exceeded those estimates. Investors were taken aback when the Japanese gaming giant reported profits per share of $1.83 for the fiscal third quarter of 2017, which was far higher than the average expert projection of $1.42. In the past four quarters, Nintendo has seen an average earnings surprise of +86.73 per cent. The number of individuals who pay to use Nintendo's Switch Online service was estimated to reach 32 million, close to 30 per cent of all Switch systems. In addition, considering that it has been on the market only since the beginning of 2017, the Nintendo Switch has sold 103 million copies, making it the most successful gaming system ever sold anywhere in the world. It is anticipated that the revenue of NTDOY will rise by 1.07% to reach $15.27 billion the year after it now stands.
The gaming industry as a whole has reaped significant benefits as a result of the pandemic. Despite fierce competition and worries about the supply chain, Nintendo is still a global leader in its core business. The most wanted collection of new releases and an extensive list of oldies are two reasons NTDOY has continued to succeed.
- finance.yahoo.com. NTDOF Company Profile. Retrieved on 1/11/2023.
- SeekingAlpha.com. A long-only voice with eclipsing growth through 2020 and 2022 bear markets. Retrieved on 1/11/2023
- Nasdaq.com. Bull of the day. April, 11, 2020.
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As of 9/29/2022 there were 0 shares of NTDOF stock outstanding.
As of 12/30/2022 short interest was 1,262,099 shares, which represents 243 days to cover.
- - March 2, 2022: Company website
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