I see where this is going. Sony close some stores and lays of a lot of people and their loyalist is attacking any and everyone. See, the difference between Sony and Nintendo is the Big N has money the money to adjust. I read some say if Sony goes bankrupt the Playstation will be fine. That's not really true. Then you have some that wants to list the Playstation 1-2 consoles that sold over a 100+ million against the Wii 100 million. If we are discussing companies, then list everything. The Gameboy & DS sold fine. If we are discussing the Wii U as a failure and Nintendo will be first to go bankrupt that's immature. Sony hasn't gone bankrupt from the Vita & PSPGo did it. It will take more flops from Nintendo for that to happen. I see Sony going bankrupt long before Nintendo.

those pages dont work

maybe they are broken, have anothers?

They have one division. No debt. Lots of cash. Literally probably the easiest not to go bankrupt.

Couldn't agree more.

Ninty is at a very low risk of bankrupcy for some good reasons:
1) huge cash and some of the best selling and most profitable franchises allow it to endure some periods of crisis if they don't last too long
2) carefully avoiding bloating, even at cost of struggling producing enough when it has huge sales boosts allows its business to remain sustainable even when HW sales are quite meh
3) should it be forced to port its franchises to other platforms, it could do it without benefiting its direct competitors in the home and portable console business, it could port them exclusively to iOS and Stream (but just in its StreamOS Linux flavour) and it could consider Android too only if the damage to Windows Phone would outweight the benefit for Sony Android phones. It could also carefully choose which games to port to mobile devices to avoid helping them competing with its portable consoles as long as possible.
It could also enter directly the phone and tablet market with its own devices, or even better, license its brand only to the best phone and tablet producers and supervising their design.

I have a feeling people are confused about bankruptcy...

Bankruptcy is when you cannot pay your creditors. When you can't pay all the people you owe money to, you need to have a third party, you enter into a legal state called bankruptcy. Bankruptcy can mean several different things. Creditors may take partial control over your company, or you may have to sell off everything you own and pay what you can. Marvel was in bankruptcy for years before emerging as a healthy company. THQ on the other hand had to sell everything to pay what they owed.

So, for Nintendo to go bankrupt they would have to first burn through all of their cash assets. Even if we assume losses jump to about half a billion a year, they still have 24 years to go before they run out of cash. But, Nintendo also has long term assets. For example, Nintendo is the majority owner of the Seattle Mariners, a team whose value is estimated at 650 million or so. In a dire emergency, Nintendo could sell them and have somewhere around half a billion in cash to fund their key operations. If Nintendo was to liquidate a good deal of such assets, we're probably looking at something like 28 years before they run out of money.

Running out of money is NOT the same thing as bankruptcy. Nintendo would have to owe someone money before they could go bankrupt. So, even after running out of money, Nintendo would need to borrow a sizable sum of money, have that money come due, and be unable to pay it. So, we're probably looking at at least 20 years at the current rate before they go bankrupt.

That's not to say Nintendo can't go out of business. If they think they just can't succeed they might shut their doors, or sell the company or whatever. They're not just going to operate at a loss for 20 years, even though they probably could.

Right now, Nintendo is listed as having 0 dollars in debt, and over 12 billion dollars in cash. Sony is listed as having 8 billion or so in cash and 16 billion in debt. To say that Nintendo is more likely to go bankrupt than Sony is absolutely insane. If Sony makes a $100 million dollars a year for the next 5 years, they have a good shot at bankruptcy. If Nintendo loses a billion dollars for the next 5 years, they wouldn't go bankrupt.

http://finance.yahoo.com/q/ks?s=NTDOY+Key+Statistics
http://finance.yahoo.com/q/ks?s=SNE+Key+Statistics

I mean I mostly agree with you, but I think it is important to stress that there is no way Nintendo will not eventually make drastic changes.

Iwata is supposedly trying some new strategies, and if he fail someone else will take over and make the correct changes. It's too soon to say Nintendo WILL go out of business...

Sony IS going to go bankrupt. Sorry.

OP, the companies have different risk profiles.

Nintendo's core business is rather shitty now, but they have plenty of reserve money and not much debt. They can coast like this for a long time. Even if they make a loss like 2013 for 10 years, they will not go bankrupt, so I don't think Nintendo is at risk of going bankrupt.

Sony (which I support by the way) has lots of debt and lots of risk. They have more assets than Nintendo, but it's not liquid. They are at higher risk of cashflow problems, where they don't have enough cash to pay their debt. This is why their debt was reduced to junk status. Hopefully though they will manage their cashflow well and a default will never happen.