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Soundwave on 30 January 2013
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NintendoPie said:
Train wreck said:

Nintendo has a odd way of reporting stuff, they consolidate their number on a ongoing basis.
Here is the quarter over quarter change:

for Q3 Nintendo had:

total sales of 342 billion yen (3.76 billion dollars)
operating income of 23 billion yen (252 million)
net income of 42.5 billion yen (461 million)

Last year for the same period

total sales 340 Billion yen

operating income of 40.9 billion yen

net income of 21.9

Those are quite nice numbers, to be honest.

Yes and no.

They technically are up through three quarters in net income, but they are still forecasting an operating loss of $220 million for the full fiscal year.

Meaning their game business still is not technically profitable, the reason they will be able to break even (barely) this year is because of the yen shifting into a more positive position. Has nothing to do with their game division growing. 

Also they slashed forecasts for basically all their hardware and software quite significantly.

It's one of those "could've been worse" scenarios, but yeah, hopefully they are learning a lesson or two without getting burned too badly. The stock price is not likely to be pretty today in Japan.