VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Saturday, January 10, 2026

Stock Comparison

Nintendo Co., Ltd. vs American Water Works Company, Inc.

Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.

Nintendo Co., Ltd.

7974.JP · Tokyo Stock Exchange

Market cap (USD)$11.8T
Gross margin (TTM)45.4%
Operating margin (TTM)17.6%
Net margin (TTM)21.2%
SectorCommunication Services
IndustryElectronic Gaming & Multimedia
CountryJP
Data as of2026-01-01
Moat score
76/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Nintendo Co., Ltd.'s moat claims, evidence, and risks.

View 7974.JP analysis

American Water Works Company, Inc.

AWK · New York Stock Exchange

Market cap (USD)$25B
Gross margin (TTM)
Operating margin (TTM)
Net margin (TTM)
SectorUtilities
Industry
CountryUS
Data as of2026-01-09
Moat score
79/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into American Water Works Company, Inc.'s moat claims, evidence, and risks.

View AWK analysis

Comparison highlights

  • Moat score gap: American Water Works Company, Inc. leads (79 / 100 vs 76 / 100 for Nintendo Co., Ltd.).
  • Segment focus: Nintendo Co., Ltd. has 3 segments (90.2% in Nintendo Switch platform ecosystem); American Water Works Company, Inc. has 2 segments (91.7% in Regulated Businesses).
  • Primary market structure: Oligopoly vs Monopoly. Pricing power: Moderate vs Moderate.
  • Moat breadth: Nintendo Co., Ltd. has 5 moat types across 3 domains; American Water Works Company, Inc. has 8 across 3.

Primary market context

Nintendo Co., Ltd.

Nintendo Switch platform ecosystem

Market

Dedicated console gaming platform ecosystem (hardware + software + digital storefront + online services)

Geography

Global

Customer

Consumers

Role

Platform owner / first-party publisher

Revenue share

90.2%

American Water Works Company, Inc.

Regulated Businesses

Market

Regulated water and wastewater utility service in certificated/franchised territories

Geography

United States (14-state footprint)

Customer

Residential, commercial, industrial, public authority, fire service, and sale-for-resale customers

Role

Regulated utility owner/operator (water & wastewater)

Revenue share

91.7%

Side-by-side metrics

Nintendo Co., Ltd.
American Water Works Company, Inc.
Ticker / Exchange
7974.JP - Tokyo Stock Exchange
AWK - New York Stock Exchange
Market cap (USD)
$11.8T
$25B
Gross margin (TTM)
45.4%
n/a
Operating margin (TTM)
17.6%
n/a
Net margin (TTM)
21.2%
n/a
Sector
Communication Services
Utilities
Industry
Electronic Gaming & Multimedia
n/a
HQ country
JP
US
Primary segment
Nintendo Switch platform ecosystem
Regulated Businesses
Market structure
Oligopoly
Monopoly
Market share
n/a
n/a
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
76 / 100
79 / 100
Moat domains
Network, Demand, Legal
Legal, Supply, Demand
Last update
2026-01-01
2026-01-09

Moat coverage

Shared moat types

No overlap yet.

Nintendo Co., Ltd. strengths

Ecosystem ComplementsSwitching Costs GeneralBrand TrustIP Choke PointContent Rights Currency

American Water Works Company, Inc. strengths

Concession LicensePhysical Network DensityPermits Rights Of WayCompliance AdvantageScale Economies Unit CostLong Term ContractsGovernment Contracting RelationshipsOperational Excellence

Segment mix

Nintendo Co., Ltd. segments

Full profile >

Nintendo Switch platform ecosystem

Oligopoly

90.2%

Mobile and IP-related income

Competitive

5.8%

Other products and legacy platforms

Competitive

4%

American Water Works Company, Inc. segments

Full profile >

Regulated Businesses

Monopoly

91.7%

Military and Contract Water Services (Other)

Duopoly

8.3%

Want the full wide moat stocks list?

Browse the full ranking of wide moat stocks, updated with moat scores and segment context.

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Looking for expansion-stage stocks?

Proven models entering the expansion stage with unit economics that work.

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Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.