Switch sales are sputtering in their eighth year. Shares of video game company Nintendo (NTDOY -1.76%) dropped on Tuesday after the company reported financial results. The Japanese company reports infrequently but provided numbers for the most recent sixmonth period. Investors weren't too thrilled and Nintendo stock was consequently down about 3% as of 10:20 a.m. ET. But it had been down closer to 5% earlier in the day. The Nintendo Switch isn't selling as hoped Nintendo sells video games and has tons of mo ...

KEY TAKEAWAYSNintendo cut its annual forecasts for Switch sales, reflecting declining demand for the Japanese videogame maker’s once-hit console.The Japanese videogame maker said it now expects to sell 12.5 million Switch consoles for the fiscal year ending March 2025, versus the 13.5 million units forecast it announced previously.Nintendo’s woes will be closely watched by competitors such as Electronic Arts, whose popular titles include "Madden NFL," and Take-Two Interactive Software, the developer of the ...

（原标题：任天堂出手"幻兽帕鲁"后，世嘉"整顿"抽卡游戏 中国厂商出海如何应对专利壁垒？ ）任天堂出手后，又一日本游戏大厂重拳出击，捍卫自身专利权。 10月21日，日本手游开发商BOI（Bank of Innovation）发布一份声明表示，9月30日，日本游戏大厂世嘉 （SEGA）就已向BOI提起了专利权侵权诉讼，公司在10月21日收到了相关起诉书。 BOI提到，此次诉讼是针对公司旗下《Memento Mori》和《幻兽契约Cryptotract》（以下简称《幻兽契 约》）两款游戏。 世嘉认为这两款游戏侵犯了其专利权，要求索赔10亿日元（约合人民币4722万元）以及额外的延期利 息。 此外，《幻兽契约》已于去年停服，世嘉要求BOI立刻停运《Memento Mori》。 据BOI公告内容，双方在诉讼提起前就已进行过一轮协商，但世嘉未能接受其意见，最后还是选择提起 诉讼。 在公告最后，BOI表示："很遗憾，我们不得不进入法律程序，这可能会给《Memento Mori》的用户和 相关人士带来很大担忧。 本公司认为，公司服务并未侵犯该专利权，并将在本次诉讼程序中，明确公司主张的正当性。 此外，无论本次诉讼的结果如何 ...

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Nintendo has kept players interested in its ageing Switch console series through key games with characters such as Super Mario and Zelda. Saudi Arabia's Public Investment Fund (PIF) trimmed its holding in Nintendo Co., a day after reports that a senior executive at the kingdom's mammoth sovereign wealth fund said it was considering upping its stake. The PIF reduced its stakehold in the Japanese video game giant to 7.54% from 8.58% previously, according to a Japanese regulatory filing. Prince Faisal bin Band ...

Nintendo Co Ltd (NTDOY, Financial) witnessed a significant stock movement with a rise of 2.96% today, driven largely by the initiation of a buy recommendation by analyst Doug Creutz from TD Cowen. This positive movement comes amid a challenging day for the broader market, as the S&P 500 index experienced a decline of almost 1%. In terms of valuation, Nintendo (NTDOY, Financial) is currently priced at $13.58. The company exhibits strong financial health metrics, including a high Piotroski F-Score of 7, indic ...

One researcher feels that historical patterns favor buying the video game veteran's shares; its fundamentals are impressive, too. Investors were happy to play with Nintendo (NTDOY 2.96%) shares on the first trading day of the week. The storied Japanese video game company's stock saw a nearly 3% lift in price on the day, following an analyst's initiation of coverage with a resounding buy recommendation. That rise was on a generally down day for the market, as evidenced by the benchmark S&P 500 index's nearly ...

Nintendo's stock price saw an increase of up to 3.9% following a report that Saudi Arabia's sovereign wealth fund is considering boosting its holdings in the company and other gaming firms. This information comes from an interview with Prince Faisal bin Bandar, the vice chairman of Savvy Games Group, a subsidiary of the fund. Alongside Nintendo, other gaming stocks also rose in the market. Capcom's stock increased by 2%, Nexon climbed by 3%, and both Koei Tecmo and Bandai experienced a 2.1% rise. The Saudi ...

Core Viewpoint - Nintendo's recent financial results indicate significant challenges, with sales and unit sales declining sharply, leading to a notable drop in stock price [1][5][6]. Financial Performance - Nintendo reported Q1 fiscal 2025 sales of $1.65 billion, missing consensus estimates of $1.94 billion, while earnings met expectations at $0.5 billion [1]. - The company's revenue of 246.6 billion yen in Q1 represented a 46.5% year-over-year decline, with only 2.1 million Switch units sold, down 46% year-over-year [5]. - Software unit sales also fell by 41% to 30.6 million, and the operating profit ratio dropped to 22.1% from 40.2% in the prior-year quarter [5]. Stock Performance - Nintendo's stock has seen a sharp decline of 85% from $80 in early January 2021 to around $12 now, contrasting with a 40% increase in the S&P 500 during the same period [2]. - The stock returns were -28% in 2021, -82% in 2022, and 25% in 2023, indicating underperformance compared to the S&P 500 [2]. Market Outlook - The uncertain macroeconomic environment, characterized by high oil prices and elevated interest rates, raises concerns about Nintendo's potential to underperform the S&P 500 over the next 12 months [4]. - Future recovery in Nintendo's stock price is contingent on the announcement of a new console, as the current Switch console is aging and consumer interest is waning [6]. Guidance and Expectations - Nintendo has guided for net sales of 1,350 billion yen in fiscal 2025, reflecting a 19.3% year-over-year decline, and expects profits to fall by 38.9% to 300 billion yen due to higher operating costs [5].

Nintendo on Friday reported a 55% drop in profit as sales of its seven-year-old Switch console have dropped off. Shares dropped nearly 10% on Friday after the disappointing earnings report. The Japanese video game company missed LSEG analysts' expectations in its first quarter, which runs through June like the Bank of Japan's fiscal year. Nintendo reported revenue of 246.6 billion yen, or $1.68 billion, which fell below estimates of $1.97 billion. Shares dropped nearly 10% on Friday after the disappointing ...