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Forums - Nintendo Discussion - Nintendo Fiscal Earnings - 70 Million Profit Year-End, Q4 - Loss (70 Million)

leo-j said:
curl-6 said:
JGarret said:
curl-6 said:
Nintendogamer said:
Wii will top 100M any time soon then,

Yup.

Quite an impressive number for the succesor to a console that sold 22m lifetime.


Indeed.Now that was a comeback!

On the other hand, it makes it even more painful to see its successor performing worse than the Cube and the very expensive $599 PS3.

That tends to happen when you launch a console without system-selling software and let it fall into a draught immediately following launch.


NSMB U isn't a system seller? Neither is Assassin's Creed III?

By now fans have long since realized that the NSMB series doesn't live up to the NES/SNES games in the way it was hoped they would. That leaves the game's primary audience as parents buying for their kids, and parents won't buy a $350 Wii U when they can get a 360 for $99. The Wii U is currently outside the casual's price range. ($250 and below)

And Assassin's Creed 3 was on PS3/360/PC, so most gamers already had a system to play it on.



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curl-6 said:
JGarret said:
curl-6 said:
Nintendogamer said:
Wii will top 100M any time soon then,

Yup.

Quite an impressive number for the succesor to a console that sold 22m lifetime.


Indeed.Now that was a comeback!

On the other hand, it makes it even more painful to see its successor performing worse than the Cube and the very expensive $599 PS3.

That tends to happen when you launch a console without system-selling software and let it fall into a draught immediately following launch.


I guess they truly believed a new NSMB game (that´s way too similar to the others) would be enough to get people to fork over the $$$.

It boggles the mind they let the Wii die prematurely (it was practically abandoned as soon as 2010 was over) and still couldn´t get at least Pikmin 3 out for the launch window period.I figured this time there would be no drought, especially taking into account the Wii´s premature death, but I guess you were right that a lot probably has to do with the 3DS.



Vinniegambini said:
Tarumon said:
Nintendo may have some difficulties reaching their top line projections for fiscal 2014 unless Wii U really does have a decent software release from here on out. Buttomline projection though seems very easy based on their 90 yen estimate. With Cash and Short Term Securities (nearly $10 billion USD worth), and a probable continuation of Yen weakness, a 12% weakening from 90 base projection would give you almost all of the $1 billion in net income projected. As of today we are past the 99 level with G20 having essentially given green light to BOJ's money printing.

Nintendo seems to have "survived" their missteps and has a fighter's chance to crawl back into financial relevancy.

Overall, it seems Nintendo did sacrifice Q4 to have a clean slate from here on forth. Inventory levels are pretty high to be honest. Nintendo must of not not slown down production lines and maintained the 5.5 million (Wii U) which is why, in my opinion, the loss is greater for Q4.


Yeah, I think Iwata's padding 2014 however he can to ensure a "turnaround".



JGarret said:
curl-6 said:
JGarret said:
curl-6 said:
Nintendogamer said:
Wii will top 100M any time soon then,

Yup.

Quite an impressive number for the succesor to a console that sold 22m lifetime.


Indeed.Now that was a comeback!

On the other hand, it makes it even more painful to see its successor performing worse than the Cube and the very expensive $599 PS3.

That tends to happen when you launch a console without system-selling software and let it fall into a draught immediately following launch.


I guess they truly believed a new NSMB game (that´s way too similar to the others) would be enough to get people to fork over the $$$.

It boggles the mind they let the Wii die prematurely (it was practically abandoned as soon as 2010 was over) and still couldn´t get at least Pikmin 3 out for the launch window period.I figured this time there would be no drought, especially taking into account the Wii´s premature death, but I guess you were right that a lot probably has to do with the 3DS.

Yeah, leaving the Wii to die two years too early and still not having anything to show for it in terms of Wii U software is rather pathetic.

They also overinvested in the 3DS at the expense of Wii U, hence why the 3DS is currently rolling in software while Wii U is skin and bones.



Tarumon said:
Vinniegambini said:
Tarumon said:
Nintendo may have some difficulties reaching their top line projections for fiscal 2014 unless Wii U really does have a decent software release from here on out. Buttomline projection though seems very easy based on their 90 yen estimate. With Cash and Short Term Securities (nearly $10 billion USD worth), and a probable continuation of Yen weakness, a 12% weakening from 90 base projection would give you almost all of the $1 billion in net income projected. As of today we are past the 99 level with G20 having essentially given green light to BOJ's money printing.

Nintendo seems to have "survived" their missteps and has a fighter's chance to crawl back into financial relevancy.

Overall, it seems Nintendo did sacrifice Q4 to have a clean slate from here on forth. Inventory levels are pretty high to be honest. Nintendo must of not not slown down production lines and maintained the 5.5 million (Wii U) which is why, in my opinion, the loss is greater for Q4.


Yeah, I think Iwata's padding 2014 however he can to ensure a "turnaround".

The turnaround seems to be in motion with Iwata promoting himself to CEO of Nintendo of America. America should be Nintendo's largest revenue steam, but has been declining ever since. Nintendo's goal for 3DS software seems locked with Monster Hunter, Pokemon, Tomodachi and other significant releases; Wii U however is hard to predict as Nintendo is most likely eyeing Holiday sales but this Holiday season is going to be packed from their 3DS offerings and their competitors - It's going to take a miracle.

Overall, their investing activities allowed them to post a profit. It will determine Nintendo's success for this fiscal-year certainly. On a side note, their cash and equivalents increased?



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I'm thinking now....

I was close to say the Wii sales are dead but what that means to Wii U? So I changed my mind.

Wii sales = Meh
Wii U sales = Poor
3DS sales = Expected
DS sales = Meh

Little profit for the year... so I was wrong... for the quarter loss again.



snowdog said:
Anyone know when the investor's Q&A is..?


April 25th. BUt don't know the exact hour. Right now is midnight, so  if it's at the same time as the results, we are 16 hours to go.

 

OT: So, in the end is 70M net profit for the full year? Black again?



Proud to be the first cool Nintendo fan ever

Number ONE Zelda fan in the Universe

DKCTF didn't move consoles

Prediction: No Zelda HD for Wii U, quietly moved to the succesor

Predictions for Nintendo NX and Mobile


I'm confused at how Nintendo is projecting next year operating income at $1 Billion, but net income at $550 million. If the Yen is favorable wouldn't their net income be greater (just like this past year)? Why is the net income projection lower than the operating income projection?

Oh and my predictions:

1. I think 3DS will meet or exceed its hardware and software projections next year due to:

    -Monster Hunter 4, Tomodachi Collection, Pokemon, continued great Animal Crossing sales, Mario and Luigi, Mario Party and Zelda in Japan will be great sellers

    -Animal Crossing, Pokemon, Mario and Luigi, Zelda, Donkey Kong Country Returns, Mario Party in America will be great sellers

    -I think sometime before the holidays a price drop is coming for the 3DS. 3DS will drop to $149.99 and 3DSXL will drop to $179.99.

2. 9 Million for the WiiU right now looks unrealistic, but it could happen due to:

    - Price drop this Holiday season. Basic goes down to $279.99 and deluxe goes to $329.99. This will essentially put the system at around $200 cheaper than what I think the PS4 and Xbox3 will launch at ($499).

    - Lots of games that will push the hardware - 3D Mario, Mario Kart, Pikmin 3, Wii Fit U, Zelda Wind Waker HD, Retro's next game (Meroid?), Yarn Yoshi, a possible surprise game, and third party games like Watch Dogs, Batman, Assasins Creed 4, Rayman, Call of Duty, and possibly GTA5 if rumors are to be believed

    - Better marketing

A more realistic prediction may be around 6 to 7 million Wii U's sold. But it could happen.



For those asking, Nintendo's Q & A will be at 9:00 am JPN time (8:00 ES)



Am in the UK Vinnie, how many hours time is that for the sake of those of us living in other time zones..?