Nintendo's Sales and Earnings Fall

[LordTheNightKnight]

Galaki said:

Gamerace said:

So someone (knowledgable) tell me if I'm right.   Nintendo made money, but because 85% was in foreign currency when that's converted to yen it shows as a loss due to current exchange rates.    However the bulk of that money would stay with NOE/NOA and not actually need to be converted at all, meaning in actual fact, Nintendo made a truckloads of money instead of boatloads?

Pretty much yes but they still need to release the numbers in Yen for their reports.

So NOA and NOE are basically Nintendo's offshore accounts right now.