Cash flow Nintendo Co., Ltd.

Equities

7974

JP3756600007

Toys & Juvenile Products

Market Closed - Japan Exchange Other stock markets 01:30:00 2026-03-06 EST			5-day change	1st Jan Change
8,680.00 ^JPY	+1.20%		-3.50%	-18.07%

03-06	2K Announces New Motion-Based Nintendo Switch 2 Features and WWE 2K26 Editions	CI
03-03	Japan's Nikkei tanks more than 4% as Middle East conflict intensifies	RE

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Published financial data: NINTENDO CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	1,759B	1,695B	1,602B	1,672B	1,165B
Total Revenues	1,759B	1,695B	1,602B	1,672B	1,165B
Cost of Goods Sold, Total	788B	749B	716B	718B	455B
Gross Profit	970B	946B	885B	954B	710B
Selling General & Admin Expenses, Total	226B	243B	263B	279B	274B
Provision for Bad Debts	335M	86M	122M	-31M	50M
R&D Expenses	93.19B	102B	110B	138B	144B
Depreciation & Amortization - (IS)	10.61B	7.82B	8.24B	8.61B	9.91B
Other Operating Expenses, Total	330B	353B	381B	425B	428B
Operating Income	641B	593B	504B	529B	283B
Interest Expense, Total	-177M	-281M	-122M	-166M	-
Interest And Investment Income	5.72B	3.32B	25.5B	51.41B	56.18B
Net Interest Expenses	5.55B	3.04B	25.38B	51.25B	56.18B
Income (Loss) On Equity Invest.	6.56B	26.67B	26.6B	30.1B	35.12B
Currency Exchange Gains (Loss)	24.04B	45.63B	39.72B	61.59B	-7.91B
Other Non Operating Income (Expenses)	3.22B	2.72B	5.48B	8.91B	6.37B
EBT, Excl. Unusual Items	680B	671B	602B	681B	372B
Gain (Loss) On Sale Of Investments	-973M	347M	-463M	315M	72M
Gain (Loss) On Sale Of Assets	2.27B	-72M	-334M	-375M	-57M
Asset Writedown	-	-	-	-	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	-	3.3B	-	-	-
EBT, Incl. Unusual Items	681B	674B	601B	681B	372B
Income Tax Expense	201B	197B	168B	190B	93.48B
Earnings From Continuing Operations	480B	478B	433B	491B	279B
Net Income to Company	480B	478B	433B	491B	279B
Minority Interest	-44M	-22M	-32M	-40M	-46M
Net Income - (IS)	480B	478B	433B	491B	279B
Net Income to Common Incl Extra Items	480B	478B	433B	491B	279B
Net Income to Common Excl. Extra Items	480B	478B	433B	491B	279B
Per Share Items
Net EPS - Basic	403.26	404.67	371.41	421.39	239.47
Basic EPS - Continuing Operations	403.26	404.67	371.41	421.39	239.47
Basic Weighted Average Shares Outstanding	1.19B	1.18B	1.17B	1.16B	1.16B
Net EPS - Diluted	403.26	404.67	371.41	421.39	239.47
Diluted EPS - Continuing Operations	403.26	404.67	371.41	421.39	239.47
Diluted Weighted Average Shares Outstanding	1.19B	1.18B	1.17B	1.16B	1.16B
Normalized Basic EPS	356.74	355.15	322.64	365.43	199.83
Normalized Diluted EPS	356.74	355.15	322.64	365.43	199.83
Dividend Per Share	222	203	186	211	120
Payout Ratio	40.39	50.36	55.16	48.15	69.29
American Depositary Receipts Ratio (ADR)	0.25	0.25	0.25	0.25	0.25
Supplemental Items
EBITDA	651B	603B	515B	547B	298B
EBITA	641B	593B	504B	529B	283B
EBIT	641B	593B	504B	529B	283B
Effective Tax Rate - (Ratio)	29.49	29.16	27.96	27.92	25.11
Normalized Net Income	425B	419B	376B	425B	233B
Non-Cash Pension Expense	-2.21B	1.08B	-5B	-4.25B	3.86B
Supplemental Operating Expense Items
Advertising Expense	84.45B	93.84B	94.98B	104B	86.58B
Selling and Marketing Expenses	84.45B	93.84B	94.98B	104B	86.58B
Research And Development Expense From Footnotes	93.25B	102B	110B	138B	144B

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1,185B	1,207B	1,264B	1,484B	1,586B
Short Term Investments	557B	504B	616B	768B	472B
Total Cash And Short Term Investments	1,742B	1,711B	1,879B	2,253B	2,058B
Accounts Receivable, Total	140B	141B	120B	93.52B	65.13B
Total Receivables	140B	141B	120B	93.52B	65.13B
Inventory	86.82B	204B	259B	156B	486B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	50.69B	70.15B	56.82B	71.09B	143B
Total Current Assets	2,020B	2,126B	2,315B	2,573B	2,752B
Net Property Plant And Equipment	83.57B	85.16B	99.51B	109B	113B
Long-term Investments	245B	346B	318B	345B	429B
Other Intangibles, Total	14.92B	17.32B	18.6B	16.4B	23.36B
Deferred Tax Assets Long-Term	82.82B	88B	104B	108B	80.93B
Other Long-Term Assets, Total	1M	1M	1M	1M	1M
Total Assets	2,447B	2,662B	2,854B	3,151B	3,399B
Liabilities
Accounts Payable, Total	115B	151B	149B	58.08B	201B
Accrued Expenses, Total	5.23B	5.46B	4.22B	4.39B	4.48B
Current Income Taxes Payable	157B	99.52B	82.55B	94.6B	34.73B
Other Current Liabilities	249B	285B	297B	322B	357B
Total Current Liabilities	526B	541B	533B	479B	598B
Pension & Other Post Retirement Benefits	21B	25.06B	23.08B	23.96B	28.82B
Other Non Current Liabilities	24.97B	27.29B	31.26B	43.16B	46.6B
Total Liabilities	572B	593B	588B	546B	673B
Common Stock, Total	10.06B	10.06B	10.06B	10.06B	10.06B
Additional Paid In Capital	15.04B	15.04B	15.08B	15.12B	15.19B
Retained Earnings	1,993B	2,199B	2,393B	2,647B	2,733B
Treasury Stock	-157B	-220B	-271B	-271B	-271B
Comprehensive Income and Other	12.79B	65.57B	119B	203B	238B
Total Common Equity	1,874B	2,069B	2,266B	2,604B	2,724B
Minority Interest	243M	266M	232M	1.24B	1.12B
Total Equity	1,875B	2,069B	2,266B	2,605B	2,725B
Total Liabilities And Equity	2,447B	2,662B	2,854B	3,151B	3,399B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.19B	1.16B	1.16B	1.16B	1.16B
ECS Total Common Shares Outstanding	1.19B	1.17B	1.16B	1.16B	1.16B
Book Value / Share	1.57K	1.76K	1.95K	2.24K	2.34K
Tangible Book Value	1,859B	2,052B	2,248B	2,587B	2,701B
Tangible Book Value Per Share	1.56K	1.75K	1.93K	2.22K	2.32K
Total Debt	0	0	0	0	0
Net Debt	-1,742B	-1,711B	-1,879B	-2,253B	-2,058B
Debt Equivalent of Unfunded Proj. Benefit Obligation	12.8B	16.47B	14.17B	12.37B	15.7B
Minority Interest, Total (Incl. Fin. Div)	243M	266M	232M	1.24B	1.12B
Inventories - Raw Materials, Total	12.55B	108B	75.64B	66.27B	179B
Inventories - Work In Process, Total	3.72B	69M	153M	77M	14.09B
Inventories - Finished Goods, Total	70.54B	96.3B	183B	89.64B	293B
Inventories - Others	1M	1M	1M	2M	1M
Full Time Employees	6.57K	6.72K	7.32K	7.72K	8.2K
Accumulated Allowance for Doubtful Accounts (Supple)	94M	98M	236M	91M	52M

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	681B	674B	601B	681B	372B
Depreciation & Amortization - CF	10.8B	10.53B	11.04B	17.86B	15.36B
Depreciation & Amortization, Total	10.8B	10.53B	11.04B	17.86B	15.36B
(Gain) Loss From Sale Of Asset	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-6.56B	-26.67B	-26.6B	-30.1B	-35.12B
Other Operating Activities, Total	-131B	-264B	-193B	-185B	-145B
Change In Accounts Receivable	-527M	8.13B	31.51B	38B	27.88B
Change In Inventories	7.24B	-84.56B	-45.79B	124B	-334B
Change In Accounts Payable	17.39B	23.3B	8.67B	-74.54B	57.28B
Change in Other Net Operating Assets	33.83B	-51.48B	-64.08B	-109B	53.55B
Cash from Operations	612B	290B	323B	462B	12.07B
Capital Expenditure	-7.01B	-7.59B	-22.19B	-16.12B	-19.01B
Sale of Property, Plant, and Equipment	4.85B	7M	94M	10M	16M
Investment in Marketable and Equity Securities, Total	-138B	101B	133B	-614B	776B
Other Investing Activities, Total	3.46B	-23M	398M	-738M	-4.16B
Cash from Investing	-137B	93.7B	112B	-631B	753B
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-	-95.35B	-50.73B	-	-
Common Dividends Paid	-194B	-241B	-239B	-236B	-193B
Common & Preferred Stock Dividends Paid	-194B	-241B	-239B	-236B	-193B
Other Financing Activities, Total	-917M	-1.1B	-1.54B	-718M	-1.94B
Cash from Financing	-195B	-337B	-291B	-237B	-195B
Foreign Exchange Rate Adjustments	30.04B	44.29B	28.47B	64.36B	-9.32B
Miscellaneous Cash Flow Adjustments	-1M	-	-	1M	-
Net Change in Cash	311B	90.64B	172B	-341B	561B
Supplemental Items
Cash Interest Paid	177M	281M	131M	166M	193M
Cash Income Tax Paid (Refund)	133B	264B	190B	183B	148B
Levered Free Cash Flow	582B	250B	277B	393B	-82.25B
Unlevered Free Cash Flow	582B	250B	277B	393B	-82.25B
Change In Net Working Capital	-177B	123B	27.07B	-60.35B	255B

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	18.28	14.5	11.43	11.01	5.39
Return on Total Capital	23.45	18.79	14.54	13.57	6.63
Return On Equity %	28.13	24.23	19.96	20.14	10.46
Return on Common Equity	28.13	24.23	19.96	20.15	10.47
Margin Analysis
Gross Profit Margin %	55.17	55.8	55.28	57.08	60.96
SG&A Margin	12.83	14.34	16.4	16.69	23.51
EBITDA Margin %	37.04	35.58	32.18	32.71	25.57
EBITA Margin %	36.42	34.96	31.49	31.64	24.26
EBIT Margin %	36.42	34.96	31.49	31.64	24.26
Income From Continuing Operations Margin %	27.31	28.18	27.02	29.35	23.94
Net Income Margin %	27.31	28.18	27.02	29.34	23.93
Net Avail. For Common Margin %	27.31	28.18	27.02	29.34	23.93
Normalized Net Income Margin	24.16	24.73	23.47	25.45	19.97
Levered Free Cash Flow Margin	33.06	14.76	17.29	23.48	-7.06
Unlevered Free Cash Flow Margin	33.07	14.77	17.3	23.49	-7.06
Asset Turnover
Asset Turnover	0.8	0.66	0.58	0.56	0.36
Fixed Assets Turnover	21.14	20.09	17.35	16.07	10.54
Receivables Turnover (Average Receivables)	12.89	12.05	12.29	15.68	14.69
Inventory Turnover (Average Inventory)	8.97	5.15	3.1	3.46	1.42
Short Term Liquidity
Current Ratio	3.84	3.93	4.34	5.37	4.61
Quick Ratio	3.58	3.42	3.75	4.9	3.55
Operating Cash Flow to Current Liabilities	1.16	0.54	0.61	0.96	0.02
Days Sales Outstanding (Average Receivables)	28.33	30.3	29.7	23.34	24.85
Days Outstanding Inventory (Average Inventory)	40.69	70.88	117.93	105.74	257.81
Average Days Payable Outstanding	49.38	55.93	71.07	61.7	60.24
Cash Conversion Cycle (Average Days)	19.64	45.25	76.56	67.39	222.43
Long Term Solvency
Total Liabilities / Total Assets	23.39	22.28	20.59	17.34	19.8
EBIT / Interest Expense	3.62K	2.11K	4.13K	3.19K	-
EBITDA / Interest Expense	3.68K	2.15K	4.22K	3.29K	-
(EBITDA - Capex) / Interest Expense	3.64K	2.12K	4.04K	3.2K	-
Net Debt / EBITDA	-2.67	-2.84	-3.65	-4.12	-6.91
Net Debt / (EBITDA - Capex)	-2.7	-2.87	-3.81	-4.24	-7.38
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	34.42	-3.61	-5.52	4.38	-30.32
Gross Profit, 1 Yr. Growth %	51.23	-2.52	-6.41	7.78	-25.59
EBITDA, 1 Yr. Growth %	79.99	-7.39	-14.57	6.09	-45.52
EBITA, 1 Yr. Growth %	81.81	-7.47	-14.91	4.87	-46.58
EBIT, 1 Yr. Growth %	81.81	-7.47	-14.91	4.87	-46.58
Earnings From Cont. Operations, 1 Yr. Growth %	85.72	-0.56	-9.4	13.36	-43.17
Net Income, 1 Yr. Growth %	85.73	-0.56	-9.4	13.36	-43.17
Normalized Net Income, 1 Yr. Growth %	88.67	-1.35	-10.33	13.17	-45.32
Diluted EPS Before Extra, 1 Yr. Growth %	85.73	0.35	-8.22	13.46	-43.17
Accounts Receivable, 1 Yr. Growth %	5.99	0.37	-15.1	-21.87	-30.36
Inventory, 1 Yr. Growth %	-2.45	135.19	26.66	-39.69	211.84
Net Property, Plant and Equip., 1 Yr. Growth %	0.85	1.91	16.84	9.05	3.77
Total Assets, 1 Yr. Growth %	26.52	8.81	7.21	10.41	7.84
Tangible Book Value, 1 Yr. Growth %	21.88	10.34	9.55	15.11	4.39
Common Equity, 1 Yr. Growth %	21.66	10.39	9.53	14.89	4.63
Cash From Operations, 1 Yr. Growth %	76.02	-52.68	11.46	43.13	-97.39
Capital Expenditures, 1 Yr. Growth %	-28.77	8.22	192.47	-27.34	17.89
Levered Free Cash Flow, 1 Yr. Growth %	88.91	-56.96	10.64	41.75	-120.95
Unlevered Free Cash Flow, 1 Yr. Growth %	88.95	-56.94	10.59	41.75	-120.95
Dividend Per Share, 1 Yr. Growth %	103.67	-8.56	-8.37	13.44	-43.13
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	21.04	13.83	-4.57	-0.69	-14.72
Gross Profit, 2 Yr. CAGR %	39.15	21.42	-4.48	0.44	-10.44
EBITDA, 2 Yr. CAGR %	58.51	29.11	-11.05	-4.8	-23.97
EBITA, 2 Yr. CAGR %	60.17	29.7	-11.27	-5.54	-25.15
EBIT, 2 Yr. CAGR %	60.17	29.7	-11.27	-5.54	-25.15
Earnings From Cont. Operations, 2 Yr. CAGR %	57.14	35.89	-5.09	1.34	-19.73
Net Income, 2 Yr. CAGR %	57.35	35.9	-5.08	1.34	-19.74
Normalized Net Income, 2 Yr. CAGR %	56.7	36.43	-5.94	0.74	-21.33
Diluted EPS Before Extra, 2 Yr. CAGR %	57.99	36.52	-4.03	2.05	-19.7
Accounts Receivable, 2 Yr. CAGR %	34.13	3.14	-7.69	-18.56	-26.24
Inventory, 2 Yr. CAGR %	-19.95	51.47	72.6	-12.6	37.14
Net Property, Plant and Equip., 2 Yr. CAGR %	1.23	1.38	9.12	12.88	6.38
Total Assets, 2 Yr. CAGR %	20.32	17.33	8	8.8	9.12
Tangible Book Value, 2 Yr. CAGR %	15.43	15.97	9.94	12.3	9.62
Common Equity, 2 Yr. CAGR %	15.31	15.88	9.96	12.18	9.64
Cash From Operations, 2 Yr. CAGR %	89.46	-8.73	-27.38	26.31	-80.67
Capital Expenditures, 2 Yr. CAGR %	-19.19	-12.2	77.91	45.78	-7.45
Levered Free Cash Flow, 2 Yr. CAGR %	97.83	-9.83	-30.99	25.23	-45.5
Unlevered Free Cash Flow, 2 Yr. CAGR %	97.85	-9.8	-30.99	25.21	-45.51
Dividend Per Share, 2 Yr. CAGR %	65.55	36.47	-8.47	1.95	-19.68
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	18.55	12.19	6.97	-1.68	-11.76
Gross Profit, 3 Yr. CAGR %	33.98	23.59	11.33	-0.56	-9.12
EBITDA, 3 Yr. CAGR %	51.69	32.51	12.51	-5.67	-20.96
EBITA, 3 Yr. CAGR %	53.38	33.4	12.7	-6.19	-21.88
EBIT, 3 Yr. CAGR %	53.38	33.4	12.7	-6.19	-21.88
Earnings From Cont. Operations, 3 Yr. CAGR %	50.5	34.91	18.72	0.7	-16.43
Net Income, 3 Yr. CAGR %	50.98	35.03	18.72	0.7	-16.43
Normalized Net Income, 3 Yr. CAGR %	50.87	34.3	18.62	0.04	-17.82
Diluted EPS Before Extra, 3 Yr. CAGR %	51.39	35.81	19.6	1.48	-16.04
Accounts Receivable, 3 Yr. CAGR %	26.29	21.77	-3.34	-12.68	-22.7
Inventory, 3 Yr. CAGR %	-15.09	14.65	42.7	21.57	33.56
Net Property, Plant and Equip., 3 Yr. CAGR %	-0.14	1.46	6.29	9.1	9.76
Total Assets, 3 Yr. CAGR %	14.41	16.35	13.85	8.8	8.48
Tangible Book Value, 3 Yr. CAGR %	12.53	13.71	13.79	11.64	9.6
Common Equity, 3 Yr. CAGR %	12.43	13.64	13.73	11.58	9.6
Cash From Operations, 3 Yr. CAGR %	59.02	19.32	-2.45	-8.95	-65.33
Capital Expenditures, 3 Yr. CAGR %	-9.97	-10.93	31.12	31.99	35.82
Levered Free Cash Flow, 3 Yr. CAGR %	74.05	18.98	-3.46	-12.28	-30.99
Unlevered Free Cash Flow, 3 Yr. CAGR %	74.06	19.01	-3.46	-12.28	-31.01
Dividend Per Share, 3 Yr. CAGR %	55.54	35.83	19.5	-1.68	-16.07
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	28.38	28.23	8.69	6.85	-2.3
Gross Profit, 5 Yr. CAGR %	34.44	36.6	17.02	13.75	2.05
EBITDA, 5 Yr. CAGR %	73.01	74.09	22.53	16.1	-3.82
EBITA, 5 Yr. CAGR %	81.1	82.4	23.22	16.2	-4.32
EBIT, 5 Yr. CAGR %	81.1	82.4	23.22	16.2	-4.32
Earnings From Cont. Operations, 5 Yr. CAGR %	96.22	36.03	25.16	20.32	1.51
Net Income, 5 Yr. CAGR %	96.24	36.03	25.4	20.39	1.51
Normalized Net Income, 5 Yr. CAGR %	98.67	66.42	24.89	19.71	0.65
Diluted EPS Before Extra, 5 Yr. CAGR %	96.57	36.5	26.16	21.14	1.98
Accounts Receivable, 5 Yr. CAGR %	29.64	5.94	11.41	3.67	-13.25
Inventory, 5 Yr. CAGR %	16.51	39.16	12.77	2.86	40.45
Net Property, Plant and Equip., 5 Yr. CAGR %	-0.97	-0.32	3.46	5.88	6.33
Total Assets, 5 Yr. CAGR %	13.54	12.63	11.81	13.27	11.93
Tangible Book Value, 5 Yr. CAGR %	10.07	10.63	11.49	13.14	12.1
Common Equity, 5 Yr. CAGR %	10.06	10.59	11.43	13.06	12.08
Cash From Operations, 5 Yr. CAGR %	61.81	72.25	16.23	22.06	-48.94
Capital Expenditures, 5 Yr. CAGR %	8.47	-6.22	18.22	8.47	14.07
Levered Free Cash Flow, 5 Yr. CAGR %	63.52	67.38	20.22	21.45	-23.2
Unlevered Free Cash Flow, 5 Yr. CAGR %	63.53	67.4	20.22	21.45	-23.2
Dividend Per Share, 5 Yr. CAGR %	71.42	36.4	25.81	21.1	1.94