Nintendo Announces First Half FY 2011 Financial Results

[bmmb1]

Galaki said:

bmmb1 said:
I think (though I may be wrong) that some of you may be over-attributing these losses to development costs and sales - I am under the impression the that bulk of the losses is due to exchange rate issues, with the difference this time around (vs. the past) that sales were not good enough to offset the exchange rates losses.

I think the exchange rate contribute to over 40% of that $1.3B losses.

Net loss is actually $0.922B, but anyway, I actually read somebody in GAF who calculated the exchage rate to be more like 85% of the losses, but I am not certain how he had arrived at the number he got. Maybe he read the data more closely, but then again maybe he misread/miscalculated.