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Forums - Gaming Discussion - Nintendo market cap hits 5tn yen.

JRPGfan said:

Stock markets... are weird.

PSN alone makes more money than All of Nintendo does.

Yet Nintendo stock is higher? why?

Revenue is vanity, profit is sanity, cash is king... Or something to that effect.

That and Sony is more than just video games.



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Miyamotoo said:
TheWPCTraveler said:

IIRC, profit margins off digital sales and PS+ subscriptions are larger than whatever Nintendo makes money off of.

And yet Nintendo made last FY higher profit than hole Sony.

http://www.cnbc.com/2017/04/28/sony-earnings-fy-17.html

"Sony forecast profit to reach 500 billion yen ($4.50 billion) in the financial year through March 2018..."

 

http://www.cnbc.com/2017/04/27/nintendo-earnings-fy-17-switch-console-sales.html

"Nintendo is aiming for operating profit of 65 billion yen this fiscal year..."

 

500 > 65



Miyamotoo said:
Lawlight said:

Ah, yes - the movie division $1B write-off and Nintendo's profit that came from the sports team. Obviously when it comes to gaming, Sony's gaming division trounces Nintendo even with its sports team sales.

But again Nintendo made more profit than hole Sony and now has higher market cap than hole Sony (hole point of this thread). That's quite interesting because Nintendo is much smaller company and has around 5k employs while Sony has around 120k employs.

Only because of one-offs on each side. Sony's gaming division is much healthier than Nintendo's.



JRPGfan said:
Miyamotoo said:

And yet Nintendo made last FY higher profit than hole Sony.

http://www.cnbc.com/2017/04/28/sony-earnings-fy-17.html

"Sony forecast profit to reach 500 billion yen ($4.50 billion) in the financial year through March 2018..."

 

http://www.cnbc.com/2017/04/27/nintendo-earnings-fy-17-switch-console-sales.html

"Nintendo is aiming for operating profit of 65 billion yen this fiscal year..."

 

500 > 65

Not wanting to but in, and not really taking sides, but the discussion is about the profits/market cap now, not in the future.



My (locked) thread about how difficulty should be a decision for the developers, not the gamers.

https://gamrconnect.vgchartz.com/thread.php?id=241866&page=1

onionberry said:
pretty cool for a company that only does video games.

Sometime in the next few years, Nintendo will be much more than gaming. The fact Mario was such a central figure in the first 2020 Olympic games showcase/trailer, and that they plan to finish the theme park that same year, is huge.

Kimishima likes the $$$



Bet with bluedawgs: I say Switch will outsell PS4 in 2018, he says PS4 will outsell Switch. He's now permabanned, but the bet will remain in my sig.

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That's some really good work. Kimishima is doing what he does best when his company needs it most.



"You should be banned. Youre clearly flaming the president and even his brother who you know nothing about. Dont be such a partisan hack"

Lawlight said:
Miyamotoo said:

But again Nintendo made more profit than hole Sony and now has higher market cap than hole Sony (hole point of this thread). That's quite interesting because Nintendo is much smaller company and has around 5k employs while Sony has around 120k employs.

Only because of one-offs on each side. Sony's gaming division is much healthier than Nintendo's.

Idk about "much healthier." Nintendo has only had about 3 years or so in losses, which is their first in decades? They are at least stable throughout their tenure compared to Sony which tends to profit really well or lose pretty bad (i.e. the PS3). Now Nintendo's back in profitability and their position so far is really good. The Switch is selling, the 3DS is still strong, and Nintendo's big titles are doing really well (Zelda being GoTY and GotG contender and ARMS outselling both SFV and TK7 FW in Japan alone) with more to come for the rest of the year and 2018 starting with the biggest new hit from Japan outside of Yokai Watch, Splatoon. Plus their new mobile venture is pretty good and their plans to further expand brand awareness such as merchandise and theme parks (hopefully in time for the Tokyo games) are coming into fruition. 

Not trying to dig at Sony and they've done a good job after the PS3, but right now Nintendo is at a better place than they were even last year and there's potential that they'll do even better.



Vor said:
The title is a bit misleading. Sony is still a bit ahead with $48million.

Kudos to DS/Wii though. Even with all the Switch hype during the peak of Wii craze the market cap is twice as big.

The Market Cap fluctuates easily anyway, there's really nothing set in stone with this aspect of financials. Wealth and Assets would be more interesting and by previous reports Nintendo takes that cake ahead of Sony. Sure, Sony's Market Cap is 48 Billion, but who knows what it'll be a year from now with investors. It's good that both have increased their caps but it isn't the stat that users here should be interested in.



JRPGfan said:
Miyamotoo said:

And yet Nintendo made last FY higher profit than hole Sony.

http://www.cnbc.com/2017/04/28/sony-earnings-fy-17.html

"Sony forecast profit to reach 500 billion yen ($4.50 billion) in the financial year through March 2018..."

 

http://www.cnbc.com/2017/04/27/nintendo-earnings-fy-17-switch-console-sales.html

"Nintendo is aiming for operating profit of 65 billion yen this fiscal year..."

 

500 > 65

That isn't profit, thats actually operating income.

"Sony forecast profit to reach 500 billion yen ($4.50 billion) in the financial year through March 2018 from 288.7 billion yen a year prior, when earnings were roughly in line with a revised estimate announced earlier this month."

Operating income - 288.7

https://www.sony.net/SonyInfo/IR/library/fr/16q4_sony.pdf

 

Again that change anything, this year Sony had much higher operating income for FY 2017 but Nintendo had bigger profit. Not to mention we talking about current situation, not future.



SpokenTruth said:
Lawlight said:

Ah, yes - the movie division $1B write-off and Nintendo's profit that came from the sports team. Obviously when it comes to gaming, Sony's gaming division trounces Nintendo even with its sports team sales.

Tell us how much Sony's game division market cap is worth.   I mean this is a thread discussing market cap, you didn't like Sony losing so you bring in a totally different set of goal posts.

 

Sony's market cap is still higher than Nintendo's on the US stock exchange.