Nintendo 3rd Quarter Results (Oct-Dec) - Profit of over 450 million US

[Vinniegambini]

ethomaz said:

Vinniegambini said:

Simple math equation. Last two quarters Nintendo posted 300 million losses. Now Q1 through Q3 Nintendo posts 150 million profit. Hence, Q3 had Nintendo posting profits of 450 million.

I understand that but that's not like the financial results works... the Nintendo results are always consolidaded for the year.

So $160 million profit this quarter.

Negative 300 million from Q1 + Q2

Positive 150 million + from Q1 + Q2 + Q3.

Its not that hard to understand that Nintendo posted 450 million profit this quarter as one needs to offset the losses from previous quarter in order to be in the positive. Nintendo is a Japanese company and that's how they consolidate their report. The report for Q3 only should be released soon after the Investors meeting.