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Nintendo Co., Ltd. ADR (NTDOY)

- OTCPK - Current
  • Wed, Jun. 3, 3:50 PM
    • Activision Blizzard (ATVI +1.6%) is extending its popular $3B Skylanders game/toy franchise -- with 20 vehicles.
    • Skylanders Superchargers adds land, sky and sea vehicles to let players race through various terrain and environments along with 20 new characters. The game is out Sept. 20.
    • Activision's getting increasing competition in this toys-to-life genre it pioneered, not only with Disney's Infinity (NYSE:DIS) and Nintendo's Amiibo (OTCPK:NTDOY), but also Lego, planning a game where players' real-life brick creations can be played inside the videogame.
    • While Disney and Nintendo have a stable of characters to draw on, Activision may need new "hooks" (like vehicles) with each release since its characters are original creations.
    • Activision reported that (including toys) Skylanders was the No. 1 console franchise and title globally in Q1 and outsold the No. 1 action figure line globally.
    • Toys-to-life needs something new, though; trailing-12-months sales in the category grew just 2% in Q1 vs. 45% a year earlier.
    | Wed, Jun. 3, 3:50 PM | 1 Comment
  • Mon, Jun. 1, 9:08 PM
    • It's a thin rumor, fed by the secrecy around Nintendo's (OTCPK:NTDOY +1.9%) upcoming "NX" console/platform, but a column in Nikkei Shimbun suggests the company could base the system on Google's Android OS.
    • That would be a stark change for a company with tight control over software and OS development, but it's building up some media support today: Users are familiar with a slow Wii U interface that could benefit from a speed injection, and there's a case to be made for stronger third-party development support.
    • Nintendo would likely pursue an Android fork where it wouldn't have to share a cut of game sales with Google (which would surely be a dealbreaker), and -- again due to its tight grip -- would be able to strictly manage a consistent look and feel.
    • As for whether ceding OS development is too much of a culture shock for the company, it did break another barrier this spring by paving the way for its games to go mobile (and thus to other hardware).
    • Previously: Nintendo's mobile plan: Five games by March 2017 (May. 08 2015)
    | Mon, Jun. 1, 9:08 PM | 1 Comment
  • Thu, May 7, 11:59 AM
    • Universal Parks & Resorts (NASDAQ:CMCSA) is partnering with Nintendo (OTCPK:NTDOY +4.6%) to bring the latter's Mario and other popular (and numerous) video game characters to themed attractions.
    • Potential Nintendo rides got a good public test at the 2014 SXSW Festival, where Pennzoil and Nintendo created a live version of Mario Kart 8.
    • For Nintendo, it's another partnership after some reluctance to team up with others. The company got together with online gaming company DeNA to jump into smartphone gaming this spring.
    • "For Nintendo IP, a more active approach will be taken in areas outside the video game business, including visual content production and character merchandising," Nintendo says in a statement.
    • Details of the deal weren't available, but Universal has theme parks in Orlando, Fla.; Hollywood; Singapore; and Japan.
    | Thu, May 7, 11:59 AM | 3 Comments
  • Fri, Mar. 13, 5:15 PM
    • NPD estimates U.S. physical retail game sales rose 7% Y/Y in February to $338.9M, up from January's 5% growth and better than expected. Hardware sales rose 10% to $378.2M, as next-gen console demand remains healthy. Superdata Research estimates digital game revenue rose just 2% to $995M, thanks to weak mobile and social game sales.
    • Nintendo (OTCPK:NTDOY) had a good month: The recently-refreshed 3DS XL handheld was February's top-selling console - Ninetendo says 394K 3DS units were sold - and The Legend of Zelda: Majora's Mask 3D (launched on Feb. 13) topped NPD's game rankings.
    • Take-Two (NASDAQ:TTWO) also did well: Evolve (launched on Feb. 10) was #2 on NPD's list, GTA V came in at #5 (down from January's #3) ahead of its March 24 PC launch, and NBA 2K15 was at #6 (down from #5). Take-Two recently said it was "very pleased" with Evolve's launch.
    • Activision's (NASDAQ:ATVI) Call of Duty: Advanced Warfare fell two spots to #4, while Destiny (#9 last month) fell out of the top-10. Electronic Arts' (NASDAQ:EA) Madden NFL 15 and FIFA 15 also dropped out.
    • Piper observes Take-Two and Activision's NPD sales were respectively up 72% and 16% Y/Y in February, and that EA's were down 32% over the first two months of 2015. It maintains Overweight ratings on all 3 firms.
    • Take-Two rose 3.9% in regular trading thanks to the numbers. GameStop (NYSE:GME) also got a lift, rising 3.5%. Activision rose 0.9% and EA rose 0.4%.
    | Fri, Mar. 13, 5:15 PM | 5 Comments
  • Jul. 18, 2014, 2:07 PM
    • After rising 57% Y/Y in May due to new game launches, U.S. retail physical game sales fell 3% in June to $286.8M, per NPD. But with June 2013 having a stronger launch title lineup, that figure was better than expected. Sales were also still up over 4% from a May level of $274M.
    • Ubisoft's (OTCPK:UBSFY) Watch Dogs was the top-selling title for the second month in a row. Electronic Arts' (EA +3.1%) UFC (launched on June 3) was #4, and FIFA 14 (receiving a World Cup boost) was #5. Titanfall (#8 in May) fell out of the top-10.
    • Activision's (ATVI +1.2%) Call of Duty: Ghosts rose 2 spots to #8. But The Amazing Spider-Man 2 (#6 in May) dropped out of the top-10.
    • Take-Two's (TTWO +4.1%) NBA 2K14 (boosted by playoff interest) rose a spot to #6, and GTA V came in at #10. Nintendo's (OTCPK:NTDOY) Mario Kart 8 and Tomodachi Life were respectively #2 and #9.
    • With the help of Microsoft's cheaper Xbox One package, hardware sales rose 106% Y/Y to $292.7M. Together with the software numbers, that's providing a lift to GameStop (GME +4.4%).
    • EA reports on July 22, while Activision and Take-Two both report on August 5.
    | Jul. 18, 2014, 2:07 PM | 1 Comment
  • Jan. 27, 2014, 9:45 AM
    • Cisco (CSCO -0.9%) has been cut to Underweight by JPMorgan ahead of its Feb. 12 FQ2 report.
    • MercadoLibre (MELI -1.7%) has been cut to Underperform by BofA/Merrill. Shares tumbled last week, partly on account of Venezuelan/Argentine forex swings.
    • Xerox (XRX -1.5%) has been cut to Market Perform by BMO after missing Q4 revenue estimates on Friday.
    • Cavium (CAVM +1.6%) has been upgraded to Outperform by Wedbush ahead of Wednesday's Q4 report.
    • Xoom (XOOM +8%) has been upgraded all the way to Strong Buy from Market Perform by Raymond James. Q4 results are due on Feb. 4.
    • RetailMeNot (SALE +3.2%) has been upgraded to Buy by Goldman. Q4 results arrive on Feb. 6.
    • SMI (SMI +9.4%) has received a two-notch upgrade to Buy by UBS.
    • IDT (IDTI -4.1%) has been cut to Underweight by Barclays.
    • Nintendo (NTDOY) has been cut to Sell by Goldman. Shares fell 2.2% in Tokyo.
    | Jan. 27, 2014, 9:45 AM | Comment!
  • Jan. 17, 2014, 11:23 AM
    • Nintendo (NTDOY -14.9%) shares plunge after the company reversed itself on projections, issuing guidance for a ¥35B loss in the FY ending March.
    • Jefferies, however, raised its PT to ¥29K (shares currently trade at ~¥14.6K) and reiterated a Buy rating, noting that "Our Buy thesis on Nintendo has been predicated on the company missing the President's 'commitment' of ¥100b OP and being forced to change."
    • Jefferies predicates its contrarian view on the notion that Nintendo's failure will force it to move into mobile: "We believe Mario on mobile is coming."
    | Jan. 17, 2014, 11:23 AM | 5 Comments
  • Sep. 13, 2013, 12:25 PM
    • NPD estimates U.S. physical retail video game sales rose 21% Y/Y, reversing July's 19% decline as new titles stoked demand ahead of this fall's console refreshes. Games launched in August accounted for over half of all sales, and their high price tags resulted in ASPs rising 25%.
    • GameStop (GME +5%) investors are pleased with the numbers. So are Electronic Arts (EA +2.7%), and Take-Two (TTWO +3%) investors; while still important, NPD's figures matter a little less than they used to for game developers, thanks to a shift towards digital revenue streams.
    • Not surprisingly, hardware sales fell 40% Y/Y (worse than July's 34% drop), as gamers wait for the chance to buy a PS4 or Xbox One. Sales of accessories, including Skylanders (ATVI +0.6%) toys, rose 7% after falling 3% in July. Nintendo's (NTDOY.PK) 3DS was the best-selling console; 6.47M units of the handheld console have been sold in the U.S. in 2013.
    • Though its first-week sales disappointed, EA's Madden NFL 25 was the month's best-selling title. Take-Two's anticipated Grand Theft Auto V launches on Tuesday.
    • Analysts expect GTA V to pull in $1B+ in sales in Take-Two's FY14 (ends March '14). Pac Crest downgraded Take-Two earlier this week, arguing (among other things) the company has an "empty pipeline" and that there's "potential for changes" in Take-Two's relationship with GTA franchise developer Rockstar Games.
    | Sep. 13, 2013, 12:25 PM | 1 Comment
  • Jul. 8, 2013, 9:33 AM
    A roundup of tech analyst ratings changes: 1) Evercore has downgraded Intel (INTC -1.5%) to Underweight. Also, Citi has cut its estimates for Intel. 2) Citi has removed Qualcomm (QCOM -0.5%) from its Top Picks Live list. 3) Needham has downgraded contract manufacturers Flextronics (FLEX -0.9%), Plexus (PLXS -1%), and Benchmark Electronics (BHE -1%) to Hold. 4) HSBC has upgraded China Unicom (CHU +0.7%) to Neutral. 5) Jefferies has started Nintendo (NTDOY.PK) at Buy. 6) Evercore has downgraded ON Semi (ONNN -2.7%) to Equal Weight. 7) Barclays has downgraded VeriFone (PAY -1.2%) to Equal Weight.
    | Jul. 8, 2013, 9:33 AM | Comment!
  • Feb. 20, 2013, 7:49 PM
    Sony Corp. (SNE) bucks a weak local tape to trade up 0.7% in the Japanese market after unveiling the PlayStation 4 at a New York event. The company also said earlier that it will book a $1.2B one-time gain from the sale of an online medical-service stake. Rival Nintendo (NTDOY.PK +1.4%) also rallies on the news.
    | Feb. 20, 2013, 7:49 PM | Comment!
  • Jan. 7, 2013, 1:58 PM
    The Street isn't a fan of Nvidia's (NVDA -2.5%) entry into the handheld console market: shares are ticking lower as concerns about the costs of supporting Project Shield outweigh any enthusiasm about its latest baseband and app processors. CNNMoney's Adrian Covert notes Nvidia (unlike Nintendo and Sony) is trying to carve a niche by courting hardcore gamers with its console. Nvidia also launched its cloud-based Grid Gaming System (previous) yesterday. Supported by several cloud gaming providers, Grid features 20 servers and 240 Nvidia GPUs per rack.
    | Jan. 7, 2013, 1:58 PM | Comment!
  • Nov. 16, 2012, 12:12 PM
    Activision (ATVI +4.8%) registers a big gain after announcing it sold over $500M worth of copies of Call of Duty: Black Ops II in its first 24 hours of availability. GameStop (GME +2.9%), which reported strong initial sales for the game earlier this week, is also rallying. The solid early reception for Black Ops II and Microsoft's Halo 4 are fueling hopes the console game industry will cap what has been an ugly year with a decent holiday season.
    | Nov. 16, 2012, 12:12 PM | Comment!
  • Feb. 10, 2012, 9:29 AM
    U.S. retail video game hardware and software sales each fell 38% Y/Y in January, claims NPD, an ugly showing even after accounting for the ages of the major consoles, and likely further evidence of the impact made by mobile and social gaming. In December, the Y/Y declines were only 28% and 14%, respectively. The Xbox 360 (MSFT) was again the top-selling home console; its 270K shipments gave it a 49% share. GME -2.3%.
    | Feb. 10, 2012, 9:29 AM | Comment!
  • Sep. 13, 2011, 2:22 PM
    Nintendo (NTDOY.PK -4.5%) says it will add features to its 3DS to allow users to record movies in 3-D, introduce a pink version of the device to attract women, and launch new Mario titles, but disappointed analysts say they're not enough for the company to meet its targets during the holiday shopping season even after recent price cuts of as much as 40%.
    | Sep. 13, 2011, 2:22 PM | Comment!
  • Aug. 23, 2011, 9:42 AM
    Nintendo (NTDOY.PK) shares gained 9.3% on the Tokyo exchange on expectations the company is taking steps to boost sales of its 3DS handheld console, which was launched earlier this year. Nintendo slashed 3DS prices in July, as the company struggles to deal with the growing popularity of smartphone gaming.
    | Aug. 23, 2011, 9:42 AM | Comment!
  • Jul. 28, 2011, 3:41 PM
    Add Nintendo (NTDOY.PK -12.3%) to Apple’s (AAPL +0.1%) list of conquests, as Nintendo’s steep price cut on its four-month old 3DS handheld game console is a sign that "smartphones like the iPhone are taking over gaming," Michael Comeau writes. Various advances now ensure a fun smartphone gaming experience, not the case in 2004 when DS first hit the market.
    | Jul. 28, 2011, 3:41 PM | Comment!
NTDOY vs. ETF Alternatives
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
Country: Japan