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After shutting down several popular emulators, Nintendo admits emulation is legal
(www.androidauthority.com)
Tabletop, DnD, board games, and minecraft. Also Animal Crossing.
3rd International Volunteer Brigade (Hexbear gaming discord)
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It probably does work out for them because of how famous they are. I want to play a Nintendo game; I have the options of either emulating or buying a console. I would probably emulate so I don't have to buy a whole new computer just to play Nintendo games. However if no emulators exist I'd be forced to buy a console. This wouldn't work out for smaller companies who don't have the kind of advertising and brand recognition of Nintendo, but I don't think Nintendo has issues with people knowing about and wanting to play their games.