Nintendo posts first ever loss - $460 million

[kumagawa]

This is much worse than I first thought it was.
From
http://www.nintendo.co.jp/ir/pdf/2012/120426e.pdf
Cash as of 31st of March 2011 = $10 billion
Cash as of 31st of March 2012 = $5.6 billion
nearly 50% of Nintendo's cash reserves gone in 1 YEAR.