They're forecasting a 50% increase in net sales though, which is really the number to watch.

Meh still doomed

And none of it will be invested in creating new IPs, creating new studios, investing into western development or create partnership with western third parties.

Yeah...

Somebody's grumpy. 

Splatoon and Arms are laughing pretty hard now.

Do the profits not include the money paid to employees? Or is that taken into account?

I opened the thread to see people downplaying everything. Not disappointed. Thanks

Most employee salaries are a part of "cost of goods sold" or "selling and admin expenses". So they are subtracted out before we get to "profit".

You can see last year's income statement from the annual report on page 22 of the document here:

https://www.nintendo.co.jp/ir/pdf/2016/annual1603e.pdf

The income statement breaks it out pretty well. 

EDIT:

The most current income statement can be found on page 8 below:

https://www.nintendo.co.jp/ir/pdf/2017/170427e.pdf

The FY numbers are encouraging, but the 500% increase in profit year over year is mostly due to accounting stuff. Popping the champagne would be premature. 

Man, some of you guys get riled up over everything...

The profits are good, but we can't just ignore where they come from. They sold a baseball team, and they had huge profits in the summer from Pokemon go, which have largely tappered off.

Neither of those sources will be around in a meaningful way for the next fiscal year. So anyone claiming that this is some big comeback needs to remember that these were one off events and that they dont reflect Nintendo's actual business of selling games and hardware.

But please, feel free to call me a hater because you'd rather remain blissfully ignorant of the reality of the situation.