Tarumon on 30 January 2013
The net profit guidance has very insignificant consequence as it adds little to the base of cash. The big picture is Nintendo was light not only on Wii U, but even 3DS. The tone has been set and the business model and enterprise value of Nintendo will be challenged again. One cannot operate a company based on its cash position. Nintendo has some serious soul searching to do as this fiscal turnaround has no substance behind it. Fundamentals are still deteriorating and much needs to done in terms of communicating Wii Us plans. This is no let's surprise our fans at E3 time, this is everyone and their mother will start kicking you when you are down time.
