Review of Nintendo FY3Q19 Earnings Release

Nintendo (7974.JP / NTDOY.US) [January 31, 2019] * Review of Nintendo FY3Q2019 Earnings Release * Bath & Manage [1.0] Nintendo Switch (NS) [1.1] NS Hardware Nintendo managed to ship 9.41M NS in the last quarter (FY3Q19/CY4Q18). The global cumulative shipment of the console comes to 32.27M as of CY4Q18. Nintendo also revises down the forecast … Continue reading Review of Nintendo FY3Q19 Earnings Release

Nintendo – Note – 20190129

Nintendo (7974.JP / NTDOY.US) [January 29, 2019] Note: Interview, Metriod Prime 4 & Exercise [1.0] The Sankei News Interview Nintendo president Shuntaro Furukawa had an interview with The Sankei News and it was released on January 25, 2019. Furukawa talked about strong performance during holiday season, pricing of Nintendo Switch, product development of Nintendo's home … Continue reading Nintendo – Note – 20190129

Preview of Nintendo FY3Q19 Earnings Release

Nintendo (7974.JP / NTDOY.US) [January 19, 2019] * Preview of Nintendo FY3Q2019 Earnings Release * [1.0] Nintendo Switch [1.1] NS Hardware The haunting 20M hardware shipment guidance for the Fiscal Year ending in March 2019 is finally approaching to the end as both management and market will have relatively high confidence whether it can be … Continue reading Preview of Nintendo FY3Q19 Earnings Release

Mercari (4385.JP) – Note on Category Deepening, Product Enhancement & Marketplace Stickiness

Mercari (4385.JP) [December 25, 2018] * Note on Category Deepening, Product Enhancement & Marketplace Stickiness * Following series posts on Mercari (initial analysis, withdrawal from UK) and its related topics (network effect and digital payment service), this notes examines Mercari recent marketplace deepening/expansion/enhancement initiatives and also does an ideation exercise on user generated content (UGC). The UGC … Continue reading Mercari (4385.JP) – Note on Category Deepening, Product Enhancement & Marketplace Stickiness

Mercari (4385.JP) – Note on Withdrawal from UK

On December 18, 2018, Mercari announced it will withdraw from UK market. At a meeting of its Board of Directors held on December 18, 2018, Mercari, Inc. (the “Company”) decided to dissolve and liquidate Mercari Europe Ltd and Merpay Ltd, our subsidiaries in the UK. As mentioned in my Mercari initial analysis, UK operation basically … Continue reading Mercari (4385.JP) – Note on Withdrawal from UK

Resume Following Nintendo (7974.JP / NTDOY.US)

I have been more quiet about Nintendo since the Nintendo Switch passed its first year installed base build-up.  However, I was triggered by discussion on a Bloomberg article, Nintendo Switch Loses Shine With Shipments Seen Missing Target, on twitter. "The Switch story has been exhausted.” Analysts now estimate Nintendo will miss its hardware target of … Continue reading Resume Following Nintendo (7974.JP / NTDOY.US)

Mercari (4385.JP) – Initial Analysis

Mercari (4385.JP) [November 25, 2018] * Initial Analysis * Business Model The primary product level business model of Mercari is mobile app-based C2C marketplaces. Mercari's C2C marketplace app portfolio has dominant market position in Japan. Mercari is trying to penetrate overseas markets with operations in US & UK. The US operation is still in early … Continue reading Mercari (4385.JP) – Initial Analysis