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Nintendo and the Pokémon Co. are seeking ¥10 million in compensation from Pocketpair Inc., the developer of the game Palworld, for alleged patent infringement. The lawsuit claims that Pocketpair violated three patents related to gameplay mechanics involving pokémon characters. The Tokyo District Court is set to hear the case, with Nintendo seeking an injunction against Palworld and damages. Palworld, dubbed "Pokémon with guns" by fans, gained popularity for its unique monster designs compared to Nintendo's franchise. [Extracted from the article]

Nintendo has announced that its next console will be compatible with current Switch games, addressing concerns about the company's ability to maintain its success. The new console will also support online gaming services and more details will be revealed at a later date. Nintendo's stock rose after the announcement, and analysts believe that the news is positive for both investors and users. The company is also expanding into new areas, such as releasing an alarm clock and smartphone app, as well as working on new films based on popular franchises like Super Mario Bros. and The Legend of Zelda. [Extracted from the article]

Investors are optimistic about Nintendo's future as the company's stock rose 5% following poor quarterly earnings. Nintendo is expected to announce details of a new console before the end of the business year, as its current Switch console is in its eighth year on the market. Analysts believe that the upcoming console release will drive the stock price, as Nintendo faces competition from Sony and Microsoft. [Extracted from the article]

Nintendo Co. has revised its profit outlook downwards due to a decline in demand for its Switch console, resulting in a 29% decrease in operating profit for the September quarter. The company now expects to sell 12.5 million units of the Switch this fiscal year, down from the initial forecast of 13.5 million units. Nintendo is focusing on new products and ventures, such as an alarm clock featuring game characters, a smartphone app, and collaborations for animated and live-action films to boost revenue. Analysts suggest that Nintendo may have overestimated the appeal of its 2024 software pipeline, leading to concerns about future hardware and software sales. [Extracted from the article]

Nintendo Co. is facing a decline in profits due to slowing demand for its aging Switch console, leading to a reduction in its operating profit outlook and annual Switch sales forecast. The company is struggling to maintain sales as consumers await the announcement of a new console, facing competition from rivals Sony and Microsoft. To diversify revenue streams, Nintendo is focusing on products like Alarmo, a Nintendo Music app, and expanding into Hollywood with new animated and live-action films based on popular franchises like Super Mario Bros. and The Legend of Zelda. [Extracted from the article]

Nintendo has filed a patent infringement lawsuit against Pocketpair Inc., the creator of the popular game Palworld. The lawsuit, submitted to the Tokyo District Court, seeks an injunction and compensation for damages. Palworld gained attention for its similarities to Nintendo's Pokémon franchise, but Nintendo is focusing on patent infringement rather than copyright violation. Analysts suggest that Nintendo may be using its extensive patent portfolio to protect its intellectual property rights. Pocketpair has responded by stating that it is unaware of the specific patents it is accused of infringing and will investigate the claims. [Extracted from the article]

Nintendo has filed a patent infringement lawsuit against Pocketpair Inc., the creator of the popular game Palworld. The lawsuit, submitted to the Tokyo District Court, seeks an injunction and compensation for damages. While Nintendo did not specify which patents were violated, it is believed that the lawsuit focuses on gameplay mechanics rather than character similarities. The lawsuit comes as a surprise after months of silence from Nintendo and Pokémon Co., who had warned against the unauthorized use of their intellectual property. [Extracted from the article]

Nintendo has filed a patent infringement lawsuit against Pocketpair Inc., the creator of the popular game Palworld. The lawsuit, submitted to the Tokyo District Court, seeks an injunction and compensation for damages. While Nintendo did not specify which patents were infringed, it is believed that the lawsuit focuses on gameplay mechanics rather than character similarities. The lawsuit comes as a surprise after months of silence from Nintendo and Pokémon Co., but Nintendo has stated that it will take necessary actions to protect its intellectual property rights. [Extracted from the article]

Nintendo has acquired Miami-based studio Shiver Entertainment to help bring more games from outside developers to its next-generation Switch platform. Shiver Entertainment specializes in porting video games developed for one platform to others and has successfully done so with games like Hogwarts Legacy and Mortal Kombat 1 for the current Switch console. This move by Nintendo signals a greater interest in bringing in content from external sources to enhance its in-house offerings and address potential performance gaps with rival consoles. The next-generation Nintendo Switch is expected to be announced by March and released next year. [Extracted from the article]

Shares of Nintendo Co. fell by 4.9% in Tokyo after the company warned of a sharp profit decline and announced that a next-generation Switch console would not be released until 2025. President Shuntaro Furukawa stated that while Nintendo plans to announce a successor to the current Switch in the coming year, it will not happen during the annual Nintendo Direct event in June. The delay in the release of a new console poses a challenge for Nintendo, which is still reliant on aging hardware. The company reported a 31% decline in operating profit for the March quarter and expects a decline in Switch sales and software sales for the current fiscal year. Industry analysts suggest that Nintendo may need to cut prices or offer attractive hardware and software bundles to meet their sales targets. Nintendo's history with the Wii U, which failed to replicate the success of the Wii, serves as a cautionary tale. The company is also focusing on its Nintendo Switch Online subscription service and its motion picture business for new revenue streams. [Extracted from the article]

Nintendo has announced that it will be releasing a successor to its popular Switch games console. The announcement comes after the company forecasted a larger-than-expected decline in profits for the current fiscal year. The Switch, which has sold over 141 million units since its release in 2017, has faced competition from Sony's PlayStation 5 and Microsoft's Xbox range. Nintendo's decision to delay the launch of the next-generation console until March 2025 or later suggests that they may be holding back major releases of their popular franchises to boost initial sales of the new machine. [Extracted from the article]

Nintendo Co. has announced that it will release a successor to its current Switch game console by March. This announcement comes after the company forecasted a significant decline in profits for the current fiscal year. Nintendo's president, Shuntaro Furukawa, stated on Twitter that there will be an announcement regarding the next hardware platform by March. The company's decision to delay the launch of the next-generation console until 2025 or later means that it will be competing against newer and more powerful consoles from Sony and Microsoft during the crucial holiday season. Nintendo's successful Nintendo Switch Online subscription service and its foray into the motion picture business are part of its efforts to attract new customers and generate additional revenue. [Extracted from the article]

Palworld, an independent game sensation, was designed to be a conversation starter, according to its creator Takuro Mizobe. Mizobe emphasized that a game must not only be fun to play but also fun to watch, include multiplayer elements, and encourage people to talk about it. The game combines elements from popular games like Pokémon, ARK: Survival Evolved, Factorio, and RimWorld, while also adding unique quirks. Palworld has gained over 25 million players in just a month and has been a major hit for Microsoft's Xbox Game Pass subscription service. Mizobe believes that small studios are the biggest pioneers in game design and plans to continue making multiple small games. [Extracted from the article]

Nintendo Co. shares dropped by 8.8% after the company informed game publishers that the release of its next-generation video game console, the Switch 2, would be delayed until early 2025. Some partners were advised not to expect the console until March 2025 at the earliest. This news comes after investors had pushed Nintendo's stock to an all-time high on expectations of a new machine in 2024. The delay may impact Nintendo's financial performance, as the company is likely holding back blockbuster games for the new hardware. However, some analysts see the share price decline as a buying opportunity and expect an announcement for the new hardware within the next six months. [Extracted from the article]

Nintendo Co. has informed game publishers that the release of its next-generation console, the successor to the popular Switch, will be delayed until the first quarter of 2025. The console was originally scheduled for release in late 2024. Nintendo's current console, the Switch, has sold over 132 million units and is nearing the end of its life cycle. The company has not provided much information about the successor, but expectations were for a release during this year's holiday period. Representatives for Nintendo in the US have not commented on the delay. [Extracted from the article]

Nintendo Co. has raised its annual outlook due to strong sales of its Switch console and better-than-expected earnings for the holiday quarter. The company now expects to sell 15.5 million Switch units in the fiscal year, up from 15 million, and has also increased its revenue, operating profit, and net income guidance. Nintendo's shares have reached an all-time high, driven by the success of its expansion into cinema and the release of popular games. While the company remains tight-lipped about a successor to the Switch, analysts believe a hardware upgrade would help Nintendo compete with Sony and Microsoft. [Extracted from the article]

Nintendo Co. has raised its forecast for Switch console sales and profit for the year after reporting better-than-expected earnings for the holiday quarter. The company now expects to sell 15.5 million Switch units in the fiscal year ended March, up from 15 million. Customized editions of the Switch featuring Super Mario and Animal Crossing themes helped boost sales in the Japanese market. Nintendo's shares hit an all-time high this year, and expectations for a next-generation Switch are contributing to the company's valuation. The existing Switch will be Nintendo's main focus in 2024, and the company is researching new hardware and software. [Extracted from the article]

Nintendo Co. has raised its sales and profit forecast for the Switch console after reporting better-than-expected earnings for the holiday quarter. The company now expects to sell 15.5 million Switch units in the fiscal year, up from 15 million, and has also raised its revenue, operating profit, and net income guidance. Nintendo's shares are at an all-time high, driven by the success of its expansion into cinema and the popularity of its games. While the original Switch console has outlived most rivals, Nintendo is expected to release a new device this year to compete with Sony's PlayStation 5 and Microsoft's Xbox. [Extracted from the article]

Nintendo is set to release a new game console this year, featuring an 8-inch LCD screen, according to analyst Hiroshi Hayase from Omdia. This new device is expected to lead to a doubling in shipments of amusement displays in 2024. The current Nintendo Switch, which has sold over 132 million units, is nearing the end of its life cycle, and expectations are high for the release of the next generation console during this year's holiday period. The competition in the console market has intensified with the success of Sony's PlayStation 5 and Microsoft's Xbox Game Pass service, making a hardware upgrade essential for Nintendo to improve game quality. [Extracted from the article]

"The Mario movie spurred interest in playing the games", Nintendo President Shuntaro Furukawa said at Wednesday briefing. (Bloomberg) -- Nintendo Co. is developing a live-action film based on The Legend of Zelda video game franchise, expanding efforts to bring its popular characters to the big screen. Movie provides Nintendo "a blueprint of how to effectively conceive, produce, market and release a video game movie adaptation", said Comscore analyst Paul Dergarabedian. [Extracted from the article]

Nintendo Plans "Legend of Zelda" Movie After "Mario" Hit Nintendo said it will produce the Zelda picture with Arad Productions, which has worked on Marvel films including Spider-Man: Into the Spider-Verse. (Bloomberg) -- Nintendo Co. is developing a live-action film based on The Legend of Zelda video game franchise, expanding efforts to bring its popular characters to the big screen. [Extracted from the article]

(Bloomberg) -- Nintendo Co. is developing a live-action film based on The Legend of Zelda video game franchise, expanding efforts to bring its popular characters to the big screen. Nintendo said it will produce the Zelda picture with Arad Productions, which has worked on Marvel films including Spider-Man: Into the Spider-Verse. Nintendo Plans "Legend of Zelda" Movie After "Super Mario" Hit. [Extracted from the article]

Movie in April may provide a tailwind for Nintendo's software library and hardware sales, as the company also launched a new game in the Mario franchise recently. (Bloomberg) -- Nintendo Co. raised its annual profit forecast though the outlook fell short of projections, reflecting uncertainty around game spending and a volatile yen. [Extracted from the article]

(Bloomberg) -- Nintendo Co. raised its forecast for the fiscal year ending March on expectations it can sell more games to existing Switch owners. Movie in April may provide a tailwind for Nintendo's software library and hardware sales, as the company also launched a new game in the Mario franchise recently. [Extracted from the article]

The surge, late in the console's life cycle, shows the depth of fan loyalty for Nintendo's games. (Bloomberg) -- Nintendo Co.'s Switch sales doubled in Japan on the release of a Super Mario edition of the console, a surprise boost for the six-year-old console that's pivotal to the gaming firm's bottom line. [Extracted from the article]

Investors have anticipated that Nintendo will update its six-year-old marquee device next fiscal year, which could catalyze a flagging stock price. (Bloomberg) -- Sharp Corp. on Thursday revealed it was supplying liquid crystal displays to an "upcoming" gaming console, potentially spurring speculation that Nintendo Co. is getting ready to update its popular but aging Switch. [Extracted from the article]

Investors have anticipated that Nintendo will update its six-year-old marquee device next fiscal year, which could catalyze a flagging stock price. (Bloomberg) -- Sharp Corp. on Thursday revealed it was supplying liquid crystal displays to an "upcoming" gaming console, potentially spurring speculation that Nintendo Co. is getting ready to update its popular but aging Switch. [Extracted from the article]

(Bloomberg) -- Nintendo Co. expects to sell 15 million units of its Switch console this fiscal year, showing the extent of the slowdown for its six-year-old flagship product. Still, hardware sales are unlikely to rebound now that Nintendo faces rising competitive pressure from Sony Group Corp., which is finally able to ramp up production and deliveries of its PlayStation 5 and aims to sell more than 25 million units this year. [Extracted from the article]

"We expect Nintendo will not release the next-generation hardware over the next 12 months", UBS Securities analyst Kenji Fukuyama said in a letter to clients ahead of the earnings report. (Bloomberg) -- Nintendo Co. expects to sell 15 million units of its Switch console this fiscal year, showing the extent of the slowdown for its six-year-old flagship product. [Extracted from the article]

Saudi Arabia's Public Investment Fund became the largest outside shareholder of Nintendo Co. on Friday, in the latest move by the Gulf state to lower its reliance on oil. Nintendo marked PIF's third investment in a Japanese game company that hit the public disclosure threshold of 5%, along with Nexon Co. and Street Fighter maker Capcom Co. in 2022. [Extracted from the article]

A Nintendo spokesman confirmed the new Zelda game will be the most expensive first-party title from the company other than deluxe editions with extras thrown in. (Bloomberg) -- Nintendo Co.'s upcoming Zelda sequel will be pricier than the company's other Switch games, clearing the way for more game makers to also lift their prices. [Extracted from the article]

(Bloomberg) -- Nintendo Co.'s stock price plunged after it cut its full-year earnings and revenue outlook in a sign of flagging demand for the aging Switch console. The company missed console sales targets in its December quarter earnings results, underscoring uncertainty around the Switch after a six-year run despite a consistent pipeline of software hits. [Extracted from the article]

The company missed console sales targets in its December quarter earnings results, underscoring uncertainty around the Switch after a six-year run despite a consistent pipeline of software hits. (Bloomberg) -- Nintendo Co.'s stock price plunged as much as 6.9% after it cut its full-year earnings and revenue outlook in a sign of flagging demand for the aging Switch console. [Extracted from the article]

(Bloomberg) -- Nintendo Co. cut its full-year earnings and revenue outlook, underscoring uncertainty around its aging Switch console and the global gaming environment. Many investors had expected Nintendo to increase its guidance thanks to twin games Pokémon Scarlet and Pokémon Violet, which became the fastest-selling Nintendo games in the company's history. [Extracted from the article]

Read more: Nintendo Plans to Boost Switch Output to Meet Resilient Demand Nintendo may be able to fire up sales with new special editions of the Switch console, Yasuda has said, tying in with blockbuster launches such as the latest Legend of Zelda installment. (Bloomberg) -- Nintendo Co. cut its full-year earnings and revenue outlook, underscoring uncertainty around its aging Switch console and the global gaming environment. [Extracted from the article]

(Bloomberg) -- Nintendo Co. plans to raise salaries by 10% for current and incoming employees in Japan starting this year, joining other corporate giants hiking wages in an increasingly tight labor market. Domestic salaries are rising at their fastest pace in decades, complicating efforts by the central bank to keep a lid on inflation. [Extracted from the article]

Switch console sales have historically been driven by the launch of marquee games, such as Animal Crossing: New Horizons during the pandemic, and Nintendo has several titles from blockbuster franchises like the Zelda series debuting in 2023. (Bloomberg) -- Nintendo Co. plans to increase production of its six-year-old Switch console in the coming fiscal year after shipping roughly 21 million Switch consoles in the year ending March, according to people familiar with the matter. [Extracted from the article]

Its September launch gave a lift to the hit-driven sales of Nintendo's five-year-old Switch console and that momentum is expected to be sustained by the Nov. 18 launch of the latest entries in the Pokemon series. (Bloomberg) -- Nintendo Co. shares fell 7.1% on Wednesday after the company cut its fiscal-year forecast for Switch console sales by 10% to 19 million. [Extracted from the article]

Its September launch gave a lift to the hit-driven sales of Nintendo's five-year-old Switch console and that momentum is expected to be sustained by the Nov. 18 launch of the latest entries in the Pokemon series. (Bloomberg) -- Nintendo Co. shares fell as much as 6% on Wednesday after the company cut its fiscal-year forecast for Switch console sales by 10% to 19 million. [Extracted from the article]

Its September launch gave a lift to the hit-driven sales of Nintendo's five-year-old Switch console and that momentum is expected to be sustained by the Nov. 18 launch of the latest entries in the Pokemon series. (Bloomberg) -- Nintendo Co. cut its fiscal-year forecast for Switch console sales by 10% to 19 million after reporting earnings in line with expectations. [Extracted from the article]

(Bloomberg) -- Nintendo Co. reported quarterly earnings in line with expectations, thanks to solid software sales and a weak yen that outweighed slowing momentum of the aging Switch console. Its September launch gave a lift to the hit-driven sales of Nintendo's five-year-old Switch console and that momentum is expected to be sustained by the Nov. 18 launch of the latest entries in the Pokemon series. [Extracted from the article]

(Bloomberg) -- Nintendo Co. reported worse-than-expected first-quarter earnings on Wednesday as a weaker yen failed to offset declining hardware and software sales. Nintendo, whose flagship Switch console can be used both at home and on the move, appears to have also suffered from the loss of stay-at-home demand from Covid-19, which Sony blamed for the reduced playing time on its platform. [Extracted from the article]

(Bloomberg) -- Hosiden Corp., a major assembler of Nintendo Co.'s Switch console, withdrew its fiscal year sales forecast citing difficulties procuring electronic components. More than half of Hosiden's revenue comes from its Nintendo business, according to company documents, suggesting Switch console production may be falling behind schedule. [Extracted from the article]

(Bloomberg) -- Hosiden Corp., a major assembler of Nintendo Co.'s Switch console, withdrew its fiscal year sales forecast citing difficulties procuring electronic components. More than half of Hosiden's revenue comes from its Nintendo business, according to company documents, and the revision sugges Switch console production may be falling behind schedule. [Extracted from the article]

The PIF has been building stakes in video game makers and e-sports firms over the past two years, turning to the Japanese market just as a weaker yen has made investments more affordable. (Bloomberg) -- Saudi Arabia's Public Investment Fund took a 5.01% stake in Nintendo Co., its third investment in a Japanese games company as the industry consolidates. [Extracted from the article]

The PIF, as the $500 billion fund is known, has been building stakes in video game makers and e-sports over the past two years. (Bloomberg) -- Saudi Arabia's Public Investment Fund reported a 5.01% stake in Nintendo Co., according to a filing to Japan's Finance Ministry, adding to investments in the country's games industry. [Extracted from the article]

(Bloomberg) -- Nintendo Co. unveiled plans to split its stock into 10 from October, issuing an appeal to investors as the Mario creator struggles to revitalize a five-year-old Switch console and overcome a global chip shortage. Nintendo's operating profit inched higher to 120.2 billion yen ($922 million) in the quarter ended March, with sales growing 6% to 375.13 billion yen. [Extracted from the article]

(Bloomberg) -- Nintendo Co. announced a 10-for-1 stock split after revealing lackluster results on Tuesday, as slowing demand for the aging Switch console overshadowed blockbuster sales of a new Pokémon game and a weaker yen. "The only option for Nintendo to prop up the hardware's sales momentum is to release upgraded hardware", Yasuda said. [Extracted from the article]

(Bloomberg) -- Nintendo Co. fell by more than 4% in Tokyo on Wednesday after announcing that it will delay the launch of the next Zelda game to 2023, spurring concern over software revenue in the next fiscal year. The share decline, which was magnified by the rebounding yen and an ex-dividend trading day, may be shortlived as Nintendo's game pipeline remains strong even without a new Zelda game. [Extracted from the article]