Iconic video game company Nintendo (OTC: NTDOY) is absolutely loaded with cash. According to its most recent financial update, the company had over 1 trillion yen in cash and deposits, equating to around $9.4 billion. Considering the market capitalization of the company is just $55 billion, this cash position is substantial.
More than cash, Nintendo's unrivaled video game intellectual property (IP) is a competitive advantage . In this video from Motley Fool Backstage Pass , recorded on Jan. 10 , contributor Jon Quast talks with analysts Sanmeet Deo and Clay Bruning about Nintendo's need to use cash to better leverage this valuable IP.
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Can Nintendo Use Its Cash to Better Leverage This Competitive Advantage?