Investment Thesis:
Nintendo Co., Ltd. (OTCPK:NTDOF) has seen tremendous growth in revenues over the past two years with the successful release of the Nintendo Switch console in March 2017. However, the console is approaching two full years out on the market, and history suggests Switch sales could start to decline next year. Switch hardware and software sales contribute close to ~80% of the company’s total revenues according to the most recent earnings release. The company’s stock will likely suffer from declining Switch revenues over the next five years.
Management is committed to growing