NJ5 on 11 May 2009
I just checked out what the $1.14 billion fiscal-year loss really means.
In Q1, Q2 and Q3 they had profits of 35 bln yen, 20.8 bln yen, 10.4 bln yen respectively, or 66.2 billion yen in total.
$1.14 billion is 111 bln yen. So their predicted loss for Q4 is 177.2 bln yen, or $1.8 billion. If they lose that much in each quarter of the fiscal year that's a $7.2 billion yearly loss... Even if it's half or a third of that due to improvements in the yen and cost cutting, that's a huge loss (and that's not counting the economy getting worse than in this quarter).
My Mario Kart Wii friend code: 2707-1866-0957
