Nintendo Co., Ltd. ADR (NTDOY) - OTCPK - Current
  • Thu, Jul. 28, 9:25 PM
    • Regulators in Europe are taking a hard look at the rights of consumers playing Pokemon Go. Concerns over the terms and conditions from developer Niantic and the real-time access to GPS data are in the spotlight in France, Germany, and the U.K.
    • The controversy adds another variable to the debate on the financial impact of the Pokemon sensation on Nintendo (OTCPK:NTDOY).
    | Thu, Jul. 28, 9:25 PM | 9 Comments
  • Wed, Jul. 27, 4:01 AM
    • After lowering expectations ahead of its financial results, Nintendo (OTCPK:NTDOY) posted a net loss of ¥24.5B during FQ1 due to sluggish sales of Wii U consoles and a stronger yen.
    • The wildly popular "Pokemon Go" mobile game wasn't reflected in the company's earnings since it was released in the quarter that ended June.
    • Nintendo also announced that its Pokemon Go Plus accessory will be delayed by two months until September.
    | Wed, Jul. 27, 4:01 AM | 35 Comments
  • Mon, Jul. 25, 2:15 AM
    • Shares in Nintendo (OTCPK:NTDOY) took a steep dive Monday after the company warned investors that Pokemon GO would have only a "limited" impact on its earnings.
    • The stock sank 17% in Tokyo, wiping out about $6.4B in market value.
    • Nintendo is forecasting an annual net profit of ¥35B ($330M) for the current fiscal year, up from the ¥16.5B it earned in 2015.
    | Mon, Jul. 25, 2:15 AM | 57 Comments
  • Fri, Jul. 22, 10:18 PM
    • Videogame spending fell 26% Y/Y in June, facing tough comparisons against strong launches in 2015 and with hardware making up most of the decline, according to NPD Group data.
    • Overall spending was $652.2M. Videogame hardware spending came to $181.5M -- down 42% as unit sales fell 32% and prices on average dropped 15%, the firm said.
    • NPD Group has begun adjusting its report to include point-of-sale info for digital game sales made via PlayStation Network, Xbox Store and Steam, to reflect a fast-growing portion of industry revenues. That means for now that Nintendo sales and mobile sales, as well as other PC stores like EA's Origin, are missing and not projected.
    • In software, both videogame and PC game software fell 20%, though last June featured strong launches like Batman: Arkham Knight. Overall sales (now including digital formats) came to $322M for consoles/portable and $27.8M for PC games including Steam.
    • Accessories fell 6%, and interactive gaming toys (the lead accessory type) fell by 21%, mitigated somewhat by a 6% growth in headsets/headphones.
    • In individual games (now ranked by dollar sales), despite the tough comps May launches had a good second month. Overwatch (NASDAQ:ATVI) continued to top the chart, followed by Grand Theft Auto V (NASDAQ:TTWO) and Lego Star Wars: The Force Awakens (NYSE:TWX). The inclusion of digital full-game sales game GTA V a new boost.
    • PlayStation 4 (NYSE:SNE) again was the top-selling console, over Xbox One (NASDAQ:MSFT) and Wii U (OTCPK:NTDOY).
    | Fri, Jul. 22, 10:18 PM | 32 Comments
  • Fri, Jul. 22, 4:14 PM
    • TechCrunch reports the game has broken the record on Apple's (AAPL) eight-year-old App Store despite being initially limited in terms of availability.
    • The game launched in Japan today and in 26 other countries last weekend.
    • Apple did not specify a concrete figure regarding the record.
    | Fri, Jul. 22, 4:14 PM | 58 Comments
  • Fri, Jul. 22, 5:52 AM
    • Nintendo has “plenty of doubters”; short interest levels have almost tripled to a new yearly high, Markit says in a note.
    • Short interest as percentage of free float is now at 2.57%. ADR short sellers are at 3.5x levels seen a week ago.
    • Firm notes that GameStop shares, up 22% in the last month on the coattails of the Nintendo rally, haven't seen a similar rise in short demand.
    • Still, GameStop short interest as percentage of free float is 19%, down from 50.8% in December.
    | Fri, Jul. 22, 5:52 AM | 20 Comments
  • Fri, Jul. 22, 2:33 AM
    • Pokemon GO has finally launched in Japan, the birthplace of the little virtual monsters.
    • Besides Nintendo (OTCPK:NTDOY), which owns stakes in both The Pokemon Company and game developer Niantic, shares of McDonald's Holdings Japan are getting a big boost from the news.
    • Its fast food restaurants across the country are set to become "gyms," where players can train their Pokemon for virtual fights.
    | Fri, Jul. 22, 2:33 AM | 14 Comments
  • Wed, Jul. 20, 3:12 AM
    • After more than doubling in value over the past seven sessions, Nintendo (OTCPK:NTDOY) shares plunged 12.6% overnight, hurt in part by a reported delay for the game's introduction in Japan.
    • TechCrunch said developer Niantic planned to launch Pokemon GO across the country on Wednesday, but then canceled it over worries the hype generated by the game would overload its servers.
    | Wed, Jul. 20, 3:12 AM | 41 Comments
  • Tue, Jul. 19, 3:15 AM
    • SoftBank (OTCPK:SFTBY) fell 10% as investors reacted to the company's announcement to acquire ARM Holdings for $32B.
    • Shares of messaging app Line (Pending:LN) also dropped 10% following a successful dual listing last week in New York and Tokyo.
    • Nintendo (OTCPK:NTDOY) continued to climb on "Pokemon GO" fever, trading up 14%. Its market cap, now over $42B, has just topped Sony.
    | Tue, Jul. 19, 3:15 AM | 17 Comments
  • Mon, Jul. 18, 12:41 PM
    • Like it or not the huge success of Pokémon Go is likely to unleash a huge pop in mobile games designed around augmented reality.
    • There is already an online petition asking for a similar Harry Potter Go game to be designed and many more mainstream characters are sure to start showing up in games linked to the cameras on smartphones and tablets.
    • Companies stocked with an arsenal of appealing characters that could be brought into augmented reality games include Disney (NYSE:DIS), Time Warner (NYSE:TWX), Mattel (NASDAQ:MAT), and Hasbro (NASDAQ:HAS). Movie studios (LGF, SNE, VIA, VIAB) could also benefit as AR games tied around plot lines from old movies are developed (The Godfather, Star Wars, Blade Runner, Hunger Games, etc.) and used to promote new features.
    • Many retailers and restaurant chains have already been active in trying to latch on to the Pokémon Go buzz (see What's McDonald's doing inside the Pokémon code?), while GameStop (NYSE:GME) thinks it has an angle on the collectibles and accessories side. As the retail sector works out the science of in-game marketing opportunities, even more opportunities could arise.
    • Technology firms with a stake in augmented reality include Google (GOOGL, GOOG) , Himax (NASDAQ:HIMX), Nvidia (NASDAQ:NVDA), and Intel (NASDAQ:INTC).
    • Nintendo ADRs (OTCPK:NTDOY) are up 8.6% today and have doubled in value during the week following Pokémon Go's introduction.
    | Mon, Jul. 18, 12:41 PM | 55 Comments
  • Mon, Jul. 18, 4:31 AM
    • The phenomenal success of Pokemon GO and the surge in Nintendo's (OTCPK:NTDOY) market value by $17B in just over a week has shown the potential for augmented reality and the company's need to capitalize on its other popular game titles.
    • Pokemon GO launched in 26 new countries over the weekend, but a Pokecrisis was declared immediately, with outages and server problems reported across the globe.
    | Mon, Jul. 18, 4:31 AM | 5 Comments
  • Fri, Jul. 15, 2:20 PM
    • The roller-coaster Pokémon Go climb at Nintendo (OTCPK:NTDOY) continues, with the stock up 7.4% on OTC trading following gains of 9.8% today in Tokyo.
    • Analysts have come through this week with bullish calls. Today, Jefferies Group reiterated its Buy rating; Macquarie (Outperform) and Deutsche Bank (Buy) have also maintained their strong takes on the stock.
    • CLSA's Jay Defibaugh is a rare exception, holding a Sell rating on the shares on the firm's concerns that massive revenues might not lead to profits.
    • “In our past conversations with Nintendo management in the context of Pokemon games for Nintendo handhelds and consoles, management has indicated that Nintendo receives royalties for Pokemon titles but, surprisingly, little direct profit, benefiting instead from the impact of Pokemon titles on hardware sales and penetration,” he says.
    • Numbers are further obscured considering Nintendo, Pokemon Co. and Alphabet all took part in a $30B fund-raising round for Pokémon Go developer Niantic last fall.
    • Shares have risen 72.2% in Tokyo since the game's launch last Friday, and OTC shares up 81%.
    | Fri, Jul. 15, 2:20 PM | 21 Comments
  • Fri, Jul. 15, 7:51 AM
  • Fri, Jul. 15, 3:23 AM
    • Shares of Nintendo (OTCPK:NTDOY) jumped nearly 10% overnight, and are up 90% since the launch of Pokemon GO, almost doubling the company's market value in just over a week.
    • That makes the gaming firm more valuable than the mighty Mitsubishi trading house and brokerage Nomura.
    • John Hanke, the head developer behind Nintendo's augmented reality game, said he wants to roll out the app in roughly 200 countries "relatively soon" and is working on bolstering server capacity.
    | Fri, Jul. 15, 3:23 AM | 11 Comments
  • Thu, Jul. 14, 5:49 PM
    • Never one to miss out on a marketing opportunity, T-Mobile (TMUS -0.4%) has found its approach to the Pokémon Go game phenomenon by promising free data for the gamers.
    • The company is using its next "T-Mobile Tuesday" to offer free, unlimited data ("for a full year") on Pokémon Go, so playing the game won't touch users' data buckets (along with music services in the carrier's Music Freedom offering and videos in its "Binge On" product).
    • The carrier's also promising a sweepstakes for five U.S. trips and 250 winners of $100 in "PokéCoins," along with free Lyft rides and a Wendy's Frosty.
    • For its part, after a dip yesterday, Nintendo ADRs (OTCPK:NTDOY) finished up 15.2% today, and the stock was up 15.9% in Tokyo. ADRs are up 72.2% in the past five trading days.
    | Thu, Jul. 14, 5:49 PM | 6 Comments
  • Thu, Jul. 14, 9:34 AM
    • Niantic Labs appears set to allow businesses to officially sponsor locations for in-game activities for Nintendo's (OTCPK:NTDOY, OTCPK:NTDOF) Pokémon, according to media reports.
    • That's not news to followers of Reddit posts which dug deep into the Pokémon code to discover bits with "McDonald's" already in it (see code here)
    • Though the monetization of the Pokémon phenomenon was widely expected, it also has deeper implications for retailers even beyond trying to scrap for foot traffic through establishing Lure modules, PokeStops, and Pokemon Gyms. Pokémon may come and go. The intersection of real-world shopping and augmented reality games is probably here to stay.
    • Companies with an eye on augmented reality and location-based entertainment as it relates to increasing traffic run far and wide. Restaurants (QSR, SBUX, MCD, CMG, WEN, NDLS, PNRA, DNKN), store chains (GPS, AEO, ANF, TGT, ROST, DG, DLTR), and movie theaters (AMC, CKEC, IMAX, CNK, RGC) come to mind.
    • Google (GOOGL, GOOG) is also keeping track of all the Pokémon developments as it served as an incubator for Niantic Labs up until the Alphabet creation. Recode says it's unclear what stake that Google still has in the software developer.
    • Pokémon news on Seeking Alpha
    | Thu, Jul. 14, 9:34 AM | 26 Comments
Company Description
Nintendo Co., Ltd. manufactures and markets home-use video games. The company also produces related software used in conjunction with its television-compatible entertainment systems. Nintendo diversifies its business by seeking to offer new applications of video game systems, such as e-mail... More
Sector: Technology
Industry: Electronic Equipment
Country: Japan