Nintendo Future Growth

Future criteria checks 2/6

Nintendo is forecast to grow earnings and revenue by 6.9% and 10.7% per annum respectively. EPS is expected to grow by 6.7% per annum. Return on equity is forecast to be 14.4% in 3 years.

Key information

6.9%

Earnings growth rate

6.7%

EPS growth rate

Entertainment earnings growth	-3.4%
Revenue growth rate	10.7%
Future return on equity	14.4%
Analyst coverage	Good
Last updated	30 Sep 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

SET:NINTENDO19 - Analysts future estimates and past financials data (JPY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	1,992,955	462,830	428,321	N/A	20
3/31/2026	1,777,469	406,598	335,621	N/A	22
3/31/2025	1,387,306	334,648	286,955	N/A	24
6/30/2024	1,457,162	390,537	N/A	N/A	N/A
3/31/2024	1,671,865	490,602	445,974	462,097	N/A
12/31/2023	1,701,295	494,582	N/A	N/A	N/A
9/30/2023	1,740,940	473,615	491,657	513,847	N/A
6/30/2023	1,755,558	494,803	N/A	N/A	N/A
3/31/2023	1,601,677	432,768	300,653	322,843	N/A
12/31/2022	1,670,303	456,531	N/A	N/A	N/A
9/30/2022	1,728,046	536,308	304,876	312,463	N/A
6/30/2022	1,680,157	503,928	N/A	N/A	N/A
3/31/2022	1,695,344	477,691	282,074	289,661	N/A
12/31/2021	1,674,666	471,098	N/A	N/A	N/A
9/30/2021	1,613,658	439,087	368,156	371,167	N/A
6/30/2021	1,723,451	466,641	N/A	N/A	N/A
3/31/2021	1,758,910	480,376	605,095	612,106	N/A
12/31/2020	1,690,314	438,917	N/A	N/A	N/A
9/30/2020	1,634,076	409,746	578,378	587,941	N/A
6/30/2020	1,494,514	348,519	N/A	N/A	N/A
3/31/2020	1,308,519	258,641	337,910	347,753	N/A
12/31/2019	1,225,933	221,613	N/A	N/A	N/A
9/30/2019	1,255,622	191,451	280,897	290,936	N/A
6/30/2019	1,204,514	180,013	N/A	N/A	N/A
3/31/2019	1,200,560	194,009	159,793	170,529	N/A
12/31/2018	1,195,965	173,210	N/A	N/A	N/A
9/30/2018	1,070,546	152,663	-17,120	-6,726	N/A
6/30/2018	1,069,770	148,930	N/A	N/A	N/A
3/31/2018	1,055,682	139,590	N/A	152,208	N/A
12/31/2017	1,034,986	134,770	N/A	N/A	N/A
9/30/2017	726,324	115,778	N/A	76,392	N/A
6/30/2017	581,195	148,368	N/A	N/A	N/A
3/31/2017	489,095	102,574	N/A	19,101	N/A
12/31/2016	389,916	78,916	N/A	N/A	N/A
9/30/2016	437,089	43,338	N/A	37,605	N/A
6/30/2016	476,205	-16,313	N/A	N/A	N/A
3/31/2016	504,459	16,505	N/A	55,190	N/A
12/31/2015	532,524	22,886	N/A	N/A	N/A
9/30/2015	582,563	39,009	N/A	91,295	N/A
6/30/2015	565,308	60,051	N/A	N/A	N/A
3/31/2015	549,780	41,843	N/A	60,293	N/A
12/31/2014	515,526	26,098	N/A	N/A	N/A
9/30/2014	546,543	-9,522	N/A	7,056	N/A
6/30/2014	564,873	-41,770	N/A	N/A	N/A
3/31/2014	571,726	-23,222	N/A	-23,114	N/A
12/31/2013	591,509	2,749	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NINTENDO19's forecast earnings growth (6.9% per year) is above the savings rate (2%).

Earnings vs Market: NINTENDO19's earnings (6.9% per year) are forecast to grow slower than the TH market (15.3% per year).

High Growth Earnings: NINTENDO19's earnings are forecast to grow, but not significantly.

Revenue vs Market: NINTENDO19's revenue (10.7% per year) is forecast to grow faster than the TH market (6.4% per year).

High Growth Revenue: NINTENDO19's revenue (10.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: NINTENDO19's Return on Equity is forecast to be low in 3 years time (14.4%).