Kresnik on 03 November 2013
| burninmylight said: http://www.nintendolife.com/news/2012/03/nintendo_reportedly_has_8128_billion_yen_in_the_bank Chill |
Not making any comment on whether Nintendo is doomed (actually I will - they're not), but people keep posting this article like it's current and it isn't.
If you look at this financial result page which I think is a year out of date right now:
http://www.nintendo.co.jp/ir/en/library/events/120427summary/index.html
Scroll to halfway down, it says:
B. The balance of cash and deposits on the consolidated balance sheets
| As of Mar. 31, 2011 | As of Mar. 31, 2012 | |
| Cash and Deposits | 812.8 billion yen | 462.0 billion yen |
They had 812.8 billion yen in the bank. That dropped by nearly 50% the following year (mostly not from losses - mainly from assets bought).
I have no idea how much they've got at the moment. Better asking Kowenicki or something like that.
