Japan Specialist

Mark Chadwick

Over 20 years experience in equities and asset management in Asia and Japan. Qualified CFA with experience analyzing companies as a buy-side analyst. In-depth knowledge of company fundamental analysis, corporate governance and valuations.

Nintendo (7974) | Stock Performance Ahead 'Switch 2' Speculation

Nintendo (7974) | No Christmas Present This Year

Equity Bottom-Up

<ul>
<li>Nintendo's share price fell ~6% on rumours of Switch 2 delay, wiping around $4 billion of the market cap</li>
<li>We do not believe that a one quarter delay will have any impact on the console's long-term sell-through or the stock's valuation</li>
<li>With Sony's PS5 faltering, Nintendo is launching at an opportune time. We turn bullish on the stock with ~25% upside from here</li>
</ul>


Nintendo's share price fell ~6% on rumours of Switch 2 delay, wiping around $4 billion of the market cap
We do not believe that a one quarter delay will have any impact on the console's long-term sell-through or the stock's valuation
With Sony's PS5 faltering, Nintendo is launching at an opportune time. We turn bullish on the stock with ~25% upside from here


Nintendo (7974) | Delayed...Or Just Fashionably Late