Nintendo Co (TSE:7974) Beneish M-Score: -1.00 (As of Jun. 27, 2026)

What is Nintendo Co Beneish M-Score?

Nintendo Co TSE:7974 -3.94% 70 Beneish M-Score is -1.00 as of Jun. 27, 2026. GuruFocus rates TSE:7974 with a GF Score™ of 70/100 and a GF Value™ of 円12,153.33 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 532 Interactive Media companies, Nintendo Co ranks worse than 91.17% on this metric.

The zones of discrimination for M-Score is as such:

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator.
An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Warning Sign:

Beneish M-Score -1 higher than -1.78, which implies that the company might have manipulated its financial results.

The historical rank and industry rank for Nintendo Co's Beneish M-Score or its related term are showing as below:

TSE:7974' s Beneish M-Score Range Over the Past 10 Years
Min: -2.84 Med: -2.28 Max: -0.67
Current: -1

During the past 13 years, the highest Beneish M-Score of Nintendo Co was -0.67. The lowest was -2.84. And the median was -2.28.

Nintendo Co Beneish M-Score Related Terms

Nintendo Co Beneish M-Score Historical Data

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The historical data trend for Nintendo Co's Beneish M-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nintendo Co Beneish M-Score Chart

Nintendo Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Beneish M-Score

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-2.04

-2.43

-2.63

-2.43

-1.00

Nintendo Co Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Beneish M-Score	Get a 7-Day Free Trial															-2.43	0.00	0.00	0.00	-1.00

TSE:7974 vs NTES, EA, TTWO: Beneish M-Score Comparison

For the Electronic Gaming & Multimedia subindustry, Nintendo Co's Beneish M-Score, along with its competitors' market caps and Beneish M-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nintendo Co Beneish M-Score vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Nintendo Co's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Nintendo Co's Beneish M-Score falls into.

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70GF Score

Nintendo Co Ltd TSE:7974

Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.

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Nintendo Co Beneish M-Score Calculation

The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.

The M-Score Variables:

The M-score of Nintendo Co for today is based on a combination of the following eight different indices:

-4.84

0.92 * DSRI

0.528 * GMI

0.404 * AQI

0.892 * SGI

0.115 * DEPI

-4.84

0.92 * 1.1396

0.528 * 1.5513

0.404 * 1.1183

0.892 * 1.9856

0.115 * 1.085

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 * 1

4.679 * 0.035284

0.327 * 1.1359

-1.00

This Year (Mar26) TTM:

Last Year (Mar25) TTM:

Total Receivables was 円147,485 Mil.
Revenue was 円2,313,051 Mil.
Gross Profit was 円908,956 Mil.
Total Current Assets was 円3,009,784 Mil.
Total Assets was 円3,805,312 Mil.
Property, Plant and Equipment(Net PPE) was 円127,450 Mil.
Depreciation, Depletion and Amortization(DDA) was 円15,854 Mil.
Selling, General, & Admin. Expense(SGA) was 円0 Mil.
Total Current Liabilities was 円760,148 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Net Income was 円424,056 Mil.
Gross Profit was 円0 Mil.
Cash Flow from Operations was 円289,789 Mil.

Total Receivables was 円65,180 Mil.
Revenue was 円1,164,922 Mil.
Gross Profit was 円710,168 Mil.
Total Current Assets was 円2,752,352 Mil.
Total Assets was 円3,398,515 Mil.
Property, Plant and Equipment(Net PPE) was 円112,612 Mil.
Depreciation, Depletion and Amortization(DDA) was 円15,361 Mil.
Selling, General, & Admin. Expense(SGA) was 円0 Mil.
Total Current Liabilities was 円597,646 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.

1. DSRI = Days Sales in Receivables Index

Measured as the ratio of Revenue in Total Receivables in year t to year t-1.

A large increase in DSR could be indicative of revenue inflation.

DSRI	=	(Receivables_t / Revenue_t)	/	(Receivables_t-1 / Revenue_t-1)
	=	(147485 / 2313051)	/	(65180 / 1164922)
	=	0.063762	/	0.055952
	=	1.1396

2. GMI = Gross Margin Index

Measured as the ratio of gross margin in year t-1 to gross margin in year t.

Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.

GMI	=	GrossMargin_t-1	/	GrossMargin_t
	=	(GrossProfit_t-1 / Revenue_t-1)	/	(GrossProfit_t / Revenue_t)
	=	(710168 / 1164922)	/	(908956 / 2313051)
	=	0.609627	/	0.392968
	=	1.5513

3. AQI = Asset Quality Index

AQI is the ratio of asset quality in year t to year t-1.

Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.

AQI	=	(1 - (CurrentAssets_t + PPE_t) / TotalAssets_t)	/	(1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1)
	=	(1 - (3009784 + 127450) / 3805312)	/	(1 - (2752352 + 112612) / 3398515)
	=	0.175565	/	0.156995
	=	1.1183

4. SGI = Sales Growth Index

Ratio of Revenue in year t to sales in year t-1.

Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.

SGI	=	Sales_t	/	Sales_t-1
	=	Revenue_t	/	Revenue_t-1
	=	2313051	/	1164922
	=	1.9856

5. DEPI = Depreciation Index

Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.

DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.

DEPI	=	(Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1))	/	(Depreciation_t / (Depreciaton_t + PPE_t))
	=	(15361 / (15361 + 112612))	/	(15854 / (15854 + 127450))
	=	0.120033	/	0.110632
	=	1.085

Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.

6. SGAI = Sales, General and Administrative expenses Index

The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.

SGA expenses index > 1 means that the company is becoming less efficient in generate sales.

SGAI	=	(SGA_t / Sales_t)	/	(SGA_t-1 /Sales_t-1)
	=	(0 / 2313051)	/	(0 / 1164922)
	=	0	/	0
	=	1

7. LVGI = Leverage Index

The ratio of total debt to Total Assets in year t relative to yeat t-1.

An LVGI > 1 indicates an increase in leverage

LVGI	=	((LTD_t + CurrentLiabilities_t) / TotalAssets_t)	/	((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1)
	=	((0 + 760148) / 3805312)	/	((0 + 597646) / 3398515)
	=	0.19976	/	0.175855
	=	1.1359

8. TATA = Total Accruals to Total Assets

Total accruals calculated as the change in working capital accounts other than cash less depreciation.

TATA	=	(IncomefromContinuingOperations_t	-	CashFlowsfromOperations_t)	/	TotalAssets_t
	=	(NetIncome_t - NonOperatingIncome_t	-	CashFlowsfromOperations_t)	/	TotalAssets_t
	=	(424056 - 0	-	289789)	/	3805312
	=	0.035284

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Nintendo Co has a M-score of -1.00 signals that the company is likely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →

What does a Beneish M-Score of -1.00 mean?

Nintendo Co (TSE:7974) has a Beneish M-Score of -1.00 as of Jun. 27, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Nintendo Co and its competitors. According to the industry distribution chart, Nintendo Co ranks #485 out of 532 companies in the Interactive Media industry, placing it in the top 91.2%.

Is Nintendo Co's Beneish M-Score too high?

Nintendo Co's current Beneish M-Score is -1.00. Based on the distribution chart, Nintendo Co ranks #485 out of 532 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Nintendo Co has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Nintendo Co's Beneish M-Score compare to NTES and EA?

According to the Interactive Media industry distribution chart, Nintendo Co ranks #485 out of 532 companies for Beneish M-Score. This places Nintendo Co in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Beneish M-Score for an Interactive Media company?

A good Beneish M-Score depends on the Interactive Media industry context. However, Beneish M-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Beneish M-Score mean?

A high Beneish M-Score can signal that a stock is expensive relative to its fundamentals. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Nintendo Co and its competitors. Nintendo Co's current Beneish M-Score is -1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Nintendo Co stock overvalued right now?

Based on GuruFocus' analysis, Nintendo Co (TSE:7974) is currently considered Possible Value Trap. The stock's GF Value™ is 円12,153.33, compared to a current price of 円6,589.00 — trading 45.8% below its estimated fair value. The current Beneish M-Score is -1.00. Nintendo Co's overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Beneish M-Score calculated?

Beneish M-Score is calculated from a company's financial statements. For Nintendo Co (TSE:7974), the current Beneish M-Score is -1.00 as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nintendo Co (TSE:7974) Overvalued in 2026?

Based on GuruFocus' analysis, Nintendo Co stock appears to be undervalued. The current stock price of 円6,589.00 is trading 45.8% below its estimated GF Value™ of 円12,153.33. GuruFocus considers Nintendo Co to be Possible Value Trap.

Key valuation signals for TSE:7974:

Beneish M-Score: -1.00
GF Value™: 円12,153.33 vs. price of 円6,589.00 (45.8% below fair value)
GF Score™: 70/100 with 3 warning signs

No single metric tells the full story. See the TSE:7974 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nintendo Co Business Description

Industry Communication Services Interactive Media

Comparable Companies TSE:9766 TSE:3659 TSE:9697 TSE:9684 TSE:3635 TSE:6460 TSE:2121 TSE:3765 TSE:3632 TSE:3668 NTES EA TTWO RBLX SZSE:002602 SZSE:300418 XKRX:259960 SZSE:002558 ROCO:3293 WAR:CDR

Other Exchanges NTDOY:USA NTDOF:USA NTDOYN:Mexico 0K85:UK 0R1E:UK NTO:Germany NTDO:Canada NTO:Austria

Address 11-1 Hokotate-cho, Kamitoba, Minami-ku, Kyoto, JPN, 601-8501

Website https://www.nintendo.com

Nintendo started its video game console business in 1983 by launching the NES, and started its portable console business in 1989 by launching the Game Boy. Since then, the firm has focused on expanding the gaming population by delivering unique entertainment experiences on its original console systems. However, Nintendo not only makes game consoles, but also owns world-renowned IPs such as Super Mario, Pokemon, and Zelda, which have been a source of cash flow for 40 years.

70GF Score

Get the complete analysis for TSE:7974

Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円6,589.00

Price

円12,153.33

GF Value

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