Nintendo
$7974 (+1,78 %) confirmed that the next-generation Switch console, the Switch 2on April 2 will be presented.

Graphic: Nintendo

Sooo I started this week too. Traditionally, there was a small rebalancing at the start of the year. Nintendo is no longer my biggest single position. In the meantime it actually is $COST (+0,12 %) . Likewise $PEP (-0,01 %) was reduced somewhat. Nothing new has been added.

If I haven't miscalculated, the last tax-free shares in Nintendo are gone. Everything that is still in the portfolio is from 2012 and 2014. $VOW3 (-0,25 %) but that's a small part of just under 8k that I'm leaving behind.

Pepsi was sold at a slight loss so also tax-free. I simply chose too large a position at the time.

A total of around 20k was freed up. Existing positions were increased with the money, namely $SOLB (-1,85 %)
$FMC (+0,61 %)
$JNJ (-2,51 %) and $RACE (-0,88 %) another 2k was put into my core $VWRL (+0,19 %) was put into my core.

I have been regularly investing in Nintendo shares for months, as the announcement of the new console could be imminent. Nintendo wants to have unveiled the supposed Nintendo Switch 2 by the end of March 2025. Either the console will be a great success and the share price will rise, or the opposite will happen - I'm curious! $7974 (+1,78 %)

Fun fact: In theory, I have already financed the new console with the previous return. #nintendo

Now before the (probably) imminent presentation of the Nintendo Switch 2 in $7974 (+1,78 %) invest? 👀

First dividend for this month and thus the Japanese season is also open

5 fun facts about well-known stocks - Part 1

1. apple ($AAPL (-0,93 %)
) - From almost bankrupt to global corporation

Fun fact: Apple was as good as broke in the early 90s. In 1997, the company had massive losses and was struggling to survive. Microsoftits rival at the time, even helped Apple with an investment to save the company! Today Apple is worth over 2.7 trillion USD one of the most valuable companies in the world. You could say the rescue came from a rather unexpected place.

2. tesla ($TSLA (+0,22 %)
) - Elon Musk and his "humble" beginning

Funfact: In 2018 Elon Muskthe CEO of Tesla, still no Tesla! Instead, he drove an old Ford Model T from the 1930s. The reason? Musk wanted to preserve the "old-school charm" and modesty - ironic that he is now celebrated as the CEO of one of the largest electric car manufacturers in the world.

3. amazon ($AMZN (+0,87 %)
) - The first Prime members were... Amazon employees!

Funfact: Amazon Prime, now one of the most successful subscription models in the world, was first created by Amazon employees tested. The program was launched in 2005, and the very first Prime members were simply the company's own employees. Today, over 200 million people worldwide have an Amazon Prime subscription.

4. coca-cola ($KO (-0,09 %)
) - The experiment with chocolate

Fun fact: Coca-Cola wanted to launch a chocolate product on the market in the 1980s. The "Coca-Cola Chocolate" project was supposed to take the beverage brand in a completely new direction. However, the plan flopped and the chocolate drink was quickly withdrawn from the market. Nevertheless, Coca-Cola remains the undisputed number one cola drink - without any chocolate!

5. nintendo ($7974 (+1,78 %)
) - A playing card company

Fun fact: Before Nintendo became one of the biggest video game giants in the world, it produced playing cards cards. Founded in 1889, Nintendo began as a manufacturer of traditional Japanese playing cards. It was not until the 1970s that the company entered the video game industry and launched Super Mario and Pokémon legendary franchises.

Hello everyone

I have been interested in $7974 (+1,78 %) do you buy them in euro or in the original currency?

Sold something for a little speculation. Position is actually still a little too large anyway.

Nintendo Q3 2024 $7974 (+1,78 %)

Financial performance

In the first half of fiscal year 2025, Nintendo recorded a drastic decline in net sales of 34.3% to 523.2 billion yen. Operating profit fell by 56.6% to 121.5 billion yen, while ordinary profit fell by 61.3% to 147.1 billion yen. Net profit fell by 59.9% to 108.6 billion yen.

Balance sheet overview

Total assets decreased by 80.0 billion yen and amounted to 3,071.3 billion yen as at September 30, 2024. Total liabilities decreased by 14.3 billion yen to 532.0 billion yen, while equity decreased by 65.6 billion yen to 2,539.3 billion yen.

Income overview

• Cost of goods sold: 205.4 billion yen
• Gross profit: 317.9 billion yen
• Administrative and selling expenses: These increased by 2.2% to 196.4 billion yen.

Key figures and profitability ratios

The operating profit margin fell by 12.0 percentage points to 23.2%. The net profit margin also fell by 13.3 percentage points to 20.8%.

Segment information

• Sales from specialized video game platforms fell by 34.1% to 485.2 billion yen.
• Revenues from mobile and IP-related businesses decreased by 43.3% to 31.2 billion yen.

Competitive position

The Nintendo Switch platform is facing challenges as it is in its eighth year of life, resulting in significant declines in hardware and software sales.

Forecasts and comments from management

Forecasts have been revised downwards: Net sales forecast is now 1,280.0 billion yen and operating income is now 360.0 billion yen for fiscal year 2025. Sales expectations for Nintendo Switch hardware have been lowered to 12.5 million units and for software to 160.0 million units.

Risks and opportunities

Risks: The continuing depreciation of the yen is having a negative impact on spending in foreign currencies.

Opportunities: New software releases and the potential for increased user loyalty for existing titles.

Summary

Nintendo faced significant challenges in the first half of FY2025, reflected in a significant decline in sales and profitability metrics. The company has adjusted its forecasts downwards, reflecting the ongoing difficulties in the market and the maturity of the Nintendo Switch platform. Despite these challenges, Nintendo remains committed to leveraging new software releases and maintaining consumer loyalty to stabilize and potentially expand its market position.

Positive aspects

• Gross profit margin improvement: Despite a decline in gross profit, the gross profit margin increased by 1.5 percentage points to 60.8%. This is due to a higher proportion of digital sales and a decrease in the proportion of less profitable hardware sales.
• Increase in interest income: Interest income increased significantly to 30.8 billion yen, which helped to cushion some of the negative impact of foreign exchange losses.
• Stable sales of evergreen titles: Games such as Mario Kart 8 Deluxe continue to perform well and contribute to stable sales figures for older titles.
• Share of digital sales: The share of digital sales increased by 6.1 percentage points to 56.3%, indicating a trend towards more profitable digital distribution channels.
• Investment in research and development: Spending on research and development increased by 15.5%, underlining the company's commitment to innovation and the development of future products.

Negative aspects

• Significant decline in net sales: Net sales decreased by 34.3% year-on-year to 523.2 billion yen, indicating a significant decline in revenue.
• Decline in operating income: Operating income fell 56.6% to 121.5 billion yen, due to decreased sales and rising selling, general and administrative (SG&A) expenses.
• Foreign exchange losses: The company recorded foreign exchange losses of 22.4 billion yen, which had a significant negative impact on ordinary profit.
• Decline in hardware and software sales: Nintendo Switch hardware sales decreased by 31.0%, while software sales decreased by 27.6%, highlighting the challenges in maintaining sales momentum.
• Decline in net profit: Net profit decreased 59.9% to 108.6 billion yen, highlighting the overall decline in profitability.

Earnings summary this morning (05.11.) 👇🏼

Krones | $KRN (+1,1 %) increases both sales and operating profit in the third quarter, with EBITDA growing by almost 22% to almost 135 million euros. The company confirms its forecast and benefits from improved material availability.

Uniper | $UN01 generates a profit of just under EUR 1.3 billion in the first nine months of 2024, but significantly less than in the previous year. The energy group confirms its outlook for the year with an expected net profit of EUR 1.1 to 1.5 billion.

Hugo Boss | $BOSS (-0,61 %) recorded a slight increase in sales of 1% to 1.03 billion euros in the third quarter despite a slump in consumption in China, but EBIT fell by 7% to 95 million euros. The Group confirms its annual targets despite higher sales and marketing costs.

Fraport | $FRA (-0,05 %) is lowering its expectations for passenger numbers in 2024 to the lower end of the range of 61 million passengers and is targeting EBITDA in the middle of the previous forecast of 1.26 to 1.36 billion euros. In the summer quarter, revenue rose by 11%, while operating profit only increased by 1%.

Fresenius Medical Care | $FRE (+0,17 %) increases operating profit in the third quarter by 43 % to 463 million euros, which is attributable to successful cost savings. The company raises its forecast for adjusted operating profit, but expects a slight decline in sales.

Redcare Pharmacy | $RDC (-0,34 %) reports a decline in adjusted EBITDA to 11.4 million euros in the third quarter and increases the loss for the first nine months to 20.1 million euros. The company confirms adjusted annual targets and expects a lower operating profit due to higher advertising expenditure for the e-prescription.

DHL | $DHL (-1,71 %) reports a decline in profit of almost 7% to 751 million euros for the third quarter and lowers its forecast for operating profit in 2024 and 2026. Revenue increases by 6% to 20.6 billion euros, while EBIT remains stable at 1.4 billion euros.

Norma Group | $NOEJ (-0,39 %) is revising its annual targets downwards and now expects sales of around EUR 1.2 billion and an adjusted EBIT margin of around 8.0 percent due to a challenging market environment. In the third quarter, the company recorded a decline in sales of 7.9% to 273.6 million euros and a drop in profit to 6.1 million euros.

Nintendo | $7974 (+1,78 %)
Q2 24 Earnings:

- Net Income 27.70B Yen (est 49.4B Yen)

- Sees FY Oper Income 360.00B Yen, Saw 400.00B Yen

- Sees FY Total Switch Sales 12.50M Units, Saw 13.50M

Adecco | $ADEN (-1,26 %) 24 Earnings:

- Net Income EU99.0M (est EU86.8M)

- Rev EU5.70B (est EU5.84B)

- Adj EBITA EU186.0M (est EU195M)

- Plans To Repay EU430M Debt Maturing In Dec 24