Quantcast
Locked: Nintendo is worth more than Sony!

Forums - Nintendo Discussion - Nintendo is worth more than Sony!

FishyJoe said:

Way to go financial genius, you are looking at financial data from 2006. 2007 numbers have been out for months. Nintendo is in another world financially in 2007. Sales grew 89.8% from 2006 to 2007. Net income grew 77.2%.

You want to judge a company on your basis? Ok then, how about GM? GM has over $207 billion in revenue for 2007. GM has over $186 billion in assets. It makes Sony look like a pipsqueak. Do you want to own GM because of it's revenue and assets??? Be my guest.


Really, the numbers I used  WERE for the 2006 FISCAL year, which ended in march 2007, but you're right that is SO long ago they shouldn't even be considered valid any longer. I didn't realize that you travelled to 2008 and brought the 2007 numbers back with you. Post any of this data you have with a source if you don't mind.

@Lingyis, sorry I can't find the data I'm looking for. I'm at work and that was all I can find at the moment, I know I didn't prove my point, just showing different figures that I had at my disposal.

Forbes - Global top 2000 list its current at 3/29/2007(if this isn't good enough then to hell with it), and it includes market value, which is what some like to use, and it's got assets, which is what I was looking for, it'll take me longer to find liabilities, then I can figure assets - liabilities = NET worth<-- that's what I was getting...

Rank

CompanyCountrySales ($bil)Profits ($bil)Assets ($bil)Market Vaue ($bil)
164 SonyJapan 63.62 1.05 88.75 52.14
695 NintendoJapan 4.33 0.84 9.79 34.00

 

EDIT: Do you know where to look for total company liabilities, I have some software at work that I can pull these type of reports for customers for a fee.... maybe I should talk someone into getting full reports on Nintendo and Sony, then I can view them too ;)  .... I don't think it'd be a good idea to pull them for myself, they'd probably frown upon it, heh.



Around the Network

I admit to have not much knowledge about financials, but wasn't the period April 1st 2006 - March 31st 2007:

  • Nintendo's fiscal year 2007
  • Sony's fiscal year 2006

Maybe that's the reason for a little bit confusion in this thread?

Don't flame me if I am wrong.



Legend11 correctly predicted that GTA IV (360+PS3) would outsell SSBB. I was wrong.

A Biased Review Reloaded / Open Your Eyes / Switch Gamers Club

vizunary said:

Really, the numbers I used WERE for the 2006 FISCAL year, which ended in march 2007, but you're right that is SOOOO long ago they shouldn't even be considered valid any longer. I didn't realize that you travelled to march 2008 and brought the 2007 numbers back with you. Post any of this data you have with a source if you don't mind.

@Lingyis, sorry I can't find the data I'm looking for. I'm at work and that was all I can find at the moment, I know I didn't prove my point, just showing different figures that I had at my disposal.

Forbes - Global top 2000 list its current at 3/29/2007(if this isn't good enough then to hell with it), and it includes market value, which is what some like to use, and it's got assets, which is what I was looking for, it'll take me longer to find liabilities, then I can figure assets - liabilities = NET worth<-- that's what I was getting...

Rank

CompanyCountrySales ($bil)Profits ($bil)Assets ($bil)Market Vaue ($bil)
164 SonyJapan 63.62 1.05 88.75 52.14
695 NintendoJapan 4.33 0.84 9.79 34.00

 

EDIT: Do you know where to look for total company liabilities, I have some software at work that I can pull these type of reports for customers for a fee.... maybe I should talk someone into getting full reports on Nintendo and Sony, then I can view them too ;) .... I don't think it'd be a good idea to pull them for myself, they'd probably frown upon it, heh.


I get my information directly from the source, the financial reports from the company themselves. You can read the data yourself. The data you presented is clearly from 2006 not 2007. 

http://www.nintendo.co.jp/ir/pdf/2007/070426e.pdf

http://www.sony.net/SonyInfo/IR/financial/fr/06q4_sony.pdf

The facts are all there and undeniable.  

 



RolStoppable said:

I admit to have not much knowledge about financials, but wasn't the period April 1st 2006 - March 31st 2007:

  • Nintendo's fiscal year 2007
  • Sony's fiscal year 2006

Maybe that's the reason for a little bit confusion in this thread?

Don't flame me if I am wrong.


The forbes numbers I found were for both N and Sony 2006 fiscal year, which both are from April 2006 to March 2007. I am looking at some different sites, but I'm not gonna buy more recent reports just to discuss them here.



vizunary said:

The forbes numbers I found were for both N and Sony 2006 fiscal year, which both are from April 2006 to March 2007. I am looking at some different sites, but I'm not gonna buy more recent reports just to discuss them here.


You are flat out wrong. The data you presented are clearly from the 4/1/05-3/31/06 time frame. You don't need to buy anything, financial reports are downloadable from each company.

http://www.nintendo.co.jp/ir/pdf/2007/070426e.pdf

http://www.sony.net/SonyInfo/IR/financial/fr/06q4_sony.pdf

 



Around the Network
vizunary said:
 

Really, the numbers I used WERE for the 2006 FISCAL year, which ended in march 2007, but you're right that is SO long ago they shouldn't even be considered valid any longer. I didn't realize that you travelled to 2008 and brought the 2007 numbers back with you. Post any of this data you have with a source if you don't mind.

@Lingyis, sorry I can't find the data I'm looking for. I'm at work and that was all I can find at the moment, I know I didn't prove my point, just showing different figures that I had at my disposal.

Forbes - Global top 2000 list its current at 3/29/2007(if this isn't good enough then to hell with it), and it includes market value, which is what some like to use, and it's got assets, which is what I was looking for, it'll take me longer to find liabilities, then I can figure assets - liabilities = NET worth<-- that's what I was getting...

Rank

CompanyCountrySales ($bil)Profits ($bil)Assets ($bil)Market Vaue ($bil)
164 SonyJapan 63.62 1.05 88.75 52.14
695 NintendoJapan 4.33 0.84 9.79 34.00

 

EDIT: Do you know where to look for total company liabilities, I have some software at work that I can pull these type of reports for customers for a fee.... maybe I should talk someone into getting full reports on Nintendo and Sony, then I can view them too ;) .... I don't think it'd be a good idea to pull them for myself, they'd probably frown upon it, heh.


don't worry about it.  i mean, i'm gonna be looking at market cap anyway, since it is the simplest and likely the least controversial of all measures (haha).  i'm sure net worth = assets - libabilities for Sony would still be like 5 times greater than nintendo.  

i'll look these up for completeness' sake.  plus put up some other numbers because... they're just so damn interesting. 



the Wii is an epidemic.

FishyJoe said:

I get my information directly from the source, the financial reports from the company themselves. You can read the data yourself. The data you presented is clearly from 2006 not 2007. 

http://www.nintendo.co.jp/ir/pdf/2007/070426e.pdf

http://www.sony.net/SonyInfo/IR/financial/fr/06q4_sony.pdf

The facts are all there and undeniable.  

 

The undeniable fact is that your definition of worth is different than mine.



from ninty's statment:

Nintendo's net asset (ie. net worth): 1102018 million yen (3-31-07)

from google finance (i'm too lazy to look up from sony's statement)

Sony's total asset (3-31-07): 11716362 million yen
Sony's total libabilities : 8345658 million yen
Net worth: 3370704 million yen

so almost exactly 3:1. anyway, in US$: (=123 yen)

nintendo: 8.96 bln US
sony: 27.4 bln US

for comparison, for kicks:

exxon-mobil: 114.11 bln (market cap: ~$470 bln)
pfizer: 72.488 bln ( ~$180 bln)
walmart: 59.911 bln ( ~ $200 bln)
goldman: 35.786 bln (~ $90 bln)
microsoft: 34.973 bln ( ~ $270 bln)
apple: 12.261 bln ( ~$100bln)
boeing: 5.611 bln ( ~$75 bln)
dell: 4.129 bln (~$64 bln)
Ford: -3.71 bln (~$17 bln)
GM: -4.347 bln (~$22bln)

as long as your net worth is positive, you're doing fine.







the Wii is an epidemic.

The problem with only listing physical assets and liabilities is that it fails to account for things like management, intellectual property, human resources, etc. Is it even possible to assign a value to Mario or Pokemon?



FishyJoe said:
The problem with only listing physical assets and liabilities is that it fails to account for things like management, intellectual property, human resources, etc. Is it even possible to assign a value to Mario or Pokemon?

 exactly.   also, things like cash is included in it... so, the day microsoft issued $20 bln in dividends, it's net worth went down $20 bln that day.  so it also don't make much sense.

when people talk of "value of a company" it usually refers to the market cap.  i particularly like it because it's the value given to the company by the free market--i.e. everybody's guess of what the company is worth is included in there so you can't really argue that "it's undervalued" or "overvalued".



the Wii is an epidemic.