[Financial Results Preview] Is there a sense of security about Nintendo's financial results due to heightened interest in new game consoles and the forecast of a complete increase in profit

● $Nintendo (7974.JP)$Is5/7 3:30 p.m.Consolidated financial results for the fiscal year ending 2024/3 will be announced.
●According to company forecasts, consolidated sales1.8% increase from the previous fiscal yearNet profit of 1.63 trillion yen1.7% increaseThe forecast is 440 billion yen.
●According to market forecasts, consolidated sales3.8% increase from the previous fiscal yearEarnings per share (EPS) are expected to increase 4.3% to 1,663 billion yen to 387.618 yen.
●Performance up to the 3rd quarter was strong. The new “The Legend of Zelda” and “Super Mario” movies released this season were hits. Sales of the “Nintendo Switch,” which entered its 8th year on sale, also remained steady.
●What is the next generation SwitchExpectations that it will be released within 24 yearsDue to the spread of, etc., the total market value temporarily recovered from over 10 trillion yen since 2007 in '24, but after that, new game consolesIt is expected that it will be released in 25 yearsIt was reported, and stock prices plummeted.The materials for the new game console are likely to be a major factor in future stock price fluctuations.
● According to evaluations by 24 analysts, 45.83% are bullish, 8.33% are slightly bullish, 33.33% are neutral, 4.17% are slightly bearish, and 8.33% are bearish,Overall rating is “slightly bullish”It has become.The average target stock price is 8599.09 yen, which is about 13.5% above the 5/2 closing price of 7575 yen. Microwave ranges are 6100 to 12,000 yen.

The impact on suppliers is also
Nintendo does not have its own factory, and has adopted a “fabless” production system where production of major products such as dedicated game consoles and peripherals is outsourced to external production partners.When Switch went on sale in 17/3, shipments did not keep up with demand and shortages continued, and resale was also widely carried out.There is also a risk of supplier trouble or delays with new game consoles, and it seems that supplier stock prices will move more easily. There is also a high level of interest in what parts and technology will be adopted in the new game console. If we were to release a new compatible game console with precise images,NVIDIA's AI graphics technology “DLSS (Deep Learning Super Sampling)”It has become necessary, and attention is also being paid to whether the same technology will be incorporated. As Nintendo's main supplier, $Hosiden (6804.JP)$、 $Minebea Mitsumi (6479.JP)$、 $MegaChips (6875.JP)$、 $Marubun (7537.JP)$、 $Rohm (6963.JP)$、 $NVIDIA (NVDA.US)$etc., can be mentioned.