Nintendo profitable in 3rd quarter and year-end?

[OceanJ]

Tarumon said:
If you look at Nintendo's exchange rates on 3/31/12 of 82.19 JPYUSD vs 9/30/12 77.60 which resulted in an additional JPY 19,282,000,000 of translation loss. We can roughly estimate each 1 JPY to USD fluctuation results in 4 billion yen of losses for Nintendo. From 9/30/12 to 12/31/12, the exchange rate ameliorated by nearly 9 JPY to $1 USD. Quick and dirty math says, Nintendo gets to recover up to 36 billion yen in losses quarterly, plus the 3rd qtr is the highest sales, hard to see 12/31/12 numbers come in too ugly.

For the fiscal year, Nintendo assumed 80 jpyusd to arrive @ 20 billion yen in operating income. As of today's rate @87ish, that operating income would roughly improve to 50 billion yen, assuming rest of their assumptions come in line. Due to below expectation hardware numbers thus far, this might explain why Nintendo is extra stingy with marketing blitz? With the merger of Osaka with TSE, Nintendo stands a chance to be included in the Nikkei, so any oomph in numbers will really give the stock the boost it needs.

Good observations here, nice job.