Added to YB: 2026-05-12
Pitch date: 2026-05-08
NTDOY [neutral]
Nintendo Co., Ltd.
+0.93%
current return
Author Info
I founded KonichiValue to merge my half-Japanese heritage with my passion for value investing in the world's most undervalued market. Sign up for the newsletter.
Company Info
Nintendo Co., Ltd., together with its subsidiaries, develops, manufactures, and sells home entertainment products in Japan, the Americas, Europe, and internationally.
Market Cap
JPY 8.8T
Pitch Price
JPY 7.0K
Price Target
N/A
Dividend
N/A
EV/EBITDA
14.26
P/E
21.03
EV/Sales
2.83
Sector
Entertainment
Category
growth
Nintendo FY26 Earnings: Record Earnings Amidst Crushed Margins and a Game Drought
NTDOY (earnings): FY26 rev +98.6% YoY to ¥2.3T, net profit +52% to ¥424B, but gross margin collapsed 21.7pts to 39.3% on memory cost surge (+300%) & tariffs. Switch 2 sold 19.9M units (beat original Switch launch). Mgmt guides 16.5M units FY27 (-17% YoY) after Sept price hike to $499. Digital sales now 54.6% of software (+25% YoY). Div raised to 60% payout (¥219/share, 2.9% yield). Risk: weak H2 pipeline (no Mario/Zelda/Smash) vs GTA VI launch. ¥1.8T cash cushion.
Read full article (6 min)