Ever since the late 1980s, Nintendo (OTC: NTDOY) has been a dominant force within the video game industry. It continually puts out popular hardware devices like the Nintendo Switch and has built a deep library of entertainment franchises like Mario and Zelda. Historically, the company has not made many moves outside of video games.
That all may be changing with the company’s new initiatives coming in the next few years. Here are four ways Nintendo is moving beyond video games, and what it could mean for the stock.