Nintendo Co., Ltd.

TSE:7974 Stock Report

Market Cap: JP¥9.4t

Nintendo Past Earnings Performance

Past criteria checks 4/6

Nintendo's earnings have been declining at an average annual rate of -6%, while the Entertainment industry saw earnings growing at 8.8% annually. Revenues have been growing at an average rate of 2.6% per year. Nintendo's return on equity is 16.3%, and it has net margins of 21.1%.

Key information

-6.02%

Earnings growth rate

-5.60%

EPS growth rate

Entertainment Industry Growth17.91%
Revenue growth rate2.62%
Return on equity16.29%
Net Margin21.05%
Next Earnings Update05 Nov 2026

Recent past performance updates

Analysis Article • May 18

Nintendo's (TSE:7974) Shareholders May Want To Dig Deeper Than Statutory Profit

The stock price didn't jump after Nintendo Co., Ltd. ( TSE:7974 ) posted decent earnings last week. Our analysis showed...

Recent updates

Narrative Update • Aug 20

Recent earnings put Nintendo back on track to previous valuations

Net sales are down for the year as it is normal for a introductory stage product like the switch 2. Switch 1 sales are also declining as the product has reached end of life.
Analysis Article • Aug 09

Nintendo Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Nintendo Co., Ltd. ( TSE:7974 ) just released its first-quarter report and things are looking bullish. Nintendo...
Narrative Update • Jul 09

Nintendo will phase out switch 1 in Europe by 20207

Nintendo's phase out of switch 1 in Europe during 2027 will affect sales. The 200 Million units threshold of Switch 1 + 2 will still be hit in 2027.
New Narrative • Jul 06

Nintendo facing the Ram shortage situation

Nintendo currently holds a competitive advantage because the unit price of the switch 2 undercuts the steam deck significantly. Apparently supplier arrangements have secured the supply of LPDDR5X 12 gb modules.
Analysis Article • May 18

Nintendo's (TSE:7974) Shareholders May Want To Dig Deeper Than Statutory Profit

The stock price didn't jump after Nintendo Co., Ltd. ( TSE:7974 ) posted decent earnings last week. Our analysis showed...
Analysis Article • May 12

Nintendo Co., Ltd. (TSE:7974) Just Reported, And Analysts Assigned A JP¥10,828 Price Target

Shareholders might have noticed that Nintendo Co., Ltd. ( TSE:7974 ) filed its full-year result this time last week...
Analysis Article • Feb 06

Nintendo Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

It's been a sad week for Nintendo Co., Ltd. ( TSE:7974 ), who've watched their investment drop 16% to JP¥8,441 in the...
Analysis Article • Jan 08

Nintendo's (TSE:7974) Dividend Will Be Increased To ¥139.00

Nintendo Co., Ltd.'s ( TSE:7974 ) dividend will be increasing from last year's payment of the same period to ¥139.00 on...
Analysis Article • Dec 03

Nintendo (TSE:7974) Will Pay A Larger Dividend Than Last Year At ¥139.00

The board of Nintendo Co., Ltd. ( TSE:7974 ) has announced that it will be paying its dividend of ¥139.00 on the 30th...
Analysis Article • Nov 16

Nintendo's (TSE:7974) Earnings Might Be Weaker Than You Think

Following the release of a positive earnings report recently, Nintendo Co., Ltd.'s ( TSE:7974 ) stock performed well...
Analysis Article • Nov 06

Nintendo Co., Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Nintendo Co., Ltd. ( TSE:7974 ) just released its interim report and things are looking bullish. Nintendo delivered a...
Analysis Article • Sep 25

Nintendo (TSE:7974) Will Pay A Dividend Of ¥43.00

Nintendo Co., Ltd. ( TSE:7974 ) has announced that it will pay a dividend of ¥43.00 per share on the 2nd of December...

Revenue & Expenses Breakdown

How Nintendo makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSE:7974 Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 262,258,501475,447370,040177,890
31 Mar 262,313,051424,056359,466177,890
31 Dec 252,114,587400,480368,062143,782
30 Sep 251,741,188369,084330,790143,782
30 Jun 251,490,647293,884304,200143,782
31 Mar 251,164,922278,806273,924143,782
31 Dec 241,233,287319,750283,137137,749
30 Sep 241,398,927327,962283,331137,749
30 Jun 241,457,162390,537281,330137,749
31 Mar 241,671,865490,602279,036137,749
31 Dec 231,701,295494,582289,508110,014
30 Sep 231,740,940473,615283,707110,014
30 Jun 231,755,558494,803275,512110,014
31 Mar 231,601,677432,768262,806110,014
31 Dec 221,670,303456,531268,925102,182
30 Sep 221,728,046536,308261,736102,182
30 Jun 221,680,157503,928253,115102,182
31 Mar 221,695,344477,691243,281102,182
31 Dec 211,674,666471,098239,81193,187
30 Sep 211,613,658439,087236,16193,187
30 Jun 211,723,451466,641232,34693,187
31 Mar 211,758,910480,376226,03893,187
31 Dec 201,690,314438,917242,62284,127
30 Sep 201,634,076409,746221,83884,127
30 Jun 201,494,514348,519208,89384,127
31 Mar 201,308,519258,641198,07484,127
31 Dec 191,225,933221,613189,56269,624
30 Sep 191,255,622191,451183,71369,624
30 Jun 191,204,514180,013179,06369,624
31 Mar 191,200,560194,009175,44669,624
31 Dec 181,195,965173,210176,03963,999
30 Sep 181,070,546152,663163,69663,999
30 Jun 181,069,770148,930160,69063,999
31 Mar 181,055,682139,590156,83863,999
31 Dec 171,034,986134,770161,13159,171
30 Sep 17726,324115,778141,26759,171
30 Jun 17581,195148,368117,89259,171
31 Mar 17489,095102,574105,03959,171
31 Dec 16389,91678,91685,81869,064
30 Sep 16437,08943,33895,70069,064
30 Jun 16476,205-16,313107,01369,064
31 Mar 16504,45916,505112,88269,064
31 Dec 15532,52422,886120,23163,296
30 Sep 15582,56339,009124,15763,296

Quality Earnings: 7974 has high quality earnings.

Growing Profit Margin: 7974's current net profit margins (21.1%) are higher than last year (19.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 7974's earnings have declined by 6% per year over the past 5 years.

Accelerating Growth: 7974's earnings growth over the past year (61.8%) exceeds its 5-year average (-6% per year).

Earnings vs Industry: 7974 earnings growth over the past year (61.8%) exceeded the Entertainment industry 24.8%.

Return on Equity

High ROE: 7974's Return on Equity (16.3%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/17 07:45
End of Day Share Price 2026/09/17 00:00
Earnings2026/06/30
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Nintendo Co., Ltd. is covered by 43 analysts. 27 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David MakArete Research Services LLP
Haruka MoriBarclays
Robin ZhuBernstein