Nintendo Co., Ltd. (NTDOY)
Why does Saudi Arabia's sovereign wealth fund continue to sell its stake in Nintendo?
Saudi Arabia's Public Investment Fund (PIF) has further reduced its holding in Nintendo Co., signalling a change in the investment strategy that initially aimed at capitalizing on the gaming industry. According to a filing with Japan's Finance Ministry, the sovereign wealth fund trimmed its stake from 7.5% to 6.3%.
Nintendo courts non-gamers in 'about-turn' strategy
Once confined to rectangular screens, chirpy plumber Mario and pointy-eared Princess Zelda are popping up in theme parks and toy stores as Nintendo goes all out to win non-gamer fans.
Nintendo: Management Has Confirmed The Thesis (Rating Upgrade)
Nintendo Co., Ltd. earnings were much better than the headline numbers portrayed; for long-term investors, that is. Sales and profits dropped, but these were facing tough comps, and there's no denying the Switch is on a decline. Nintendo's management confirmed the investment thesis in pure Nintendo fashion.
Nintendo stock jumps 6% on Switch successor's backward compatibility promise
Nintendo's recent announcement about the upcoming successor to its popular Switch console is sparking excitement among both users and investors. In a move to encourage its existing fanbase to embrace the new device, the gaming giant revealed that current Switch games will be playable on the next-generation console.
Nintendo president confirms Switch successor will be backward-compatible
Nintendo president Shuntaro Furukawa said that the company's upcoming Switch successor will be backward compatible.
Nintendo Switch software to be playable on successor device
Nintendo President Shuntaro Furukawa said on Wednesday that software for the company's Switch console would be playable on the successor device.
Why Nintendo Stock Dropped Today
Switch sales are sputtering in their eighth year.
Nintendo Cuts Sales Outlook for Switch Consoles
Nintendo (NTDOY) cut its annual forecasts for Switch sales, reflecting declining demand for the Japanese videogame maker's once-hit console.
Nintendo cuts profit guidance on reduced Switch sales forecast
Nintendo on Tuesday trimmed its sales and profit guidance for the March-ending fiscal year, citing reduced demand for the Nintendo Switch.
Nintendo: Mario and Luigi have a new game. It's called Tokyo Earnings Alarm
I wonder whether Nintendo has considered a new game where Mario and Luigi race through Tokyo's financial district sounding a giant alarm bell? No?
Nintendo's 1st half sales drop 34% as Switch shows its age
Nintendo said sales for the 1st half of 2024 fell 34.1% to $3.43 billion as it saw a slowdown in sales for Nintendo Switch hardware and games.
Nintendo Cuts Switch Sales Forecasts After Weak Results
The Japanese videogame maker cut its annual forecasts for Switch console and software sales after disappointing first-half results.
