| MohammadBadir said: I believe it's a well known fact Nintendo has over 12 billion dollars in the bank. |
http://nintendoeverything.com/nintendo-has-812-8-billion-yen-in-the-bank/
$10.5 billion when that article was made, which is now severely out of date. It refers to the ¥812.8 billion which can be found in this article:
http://www.nintendo.co.jp/ir/en/library/events/120427summary/index.html
(If you scroll down to table B about halfway down the page):
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 |
As you can see, their amount in the bank decreased from ¥812.8 billion to ¥462.0 billion in a year. And if the 812.8 billion = $10.5 billion, then I don't understand how 462.0 billion = $12 billion.
Unless, of course, they've added $7 billion to their bank accounts in the past year. I can't find anything in their most recent consolidated report:
http://www.nintendo.co.jp/ir/en/library/events/130425summary/index.html
About the balance of their bank account, though.
So again, I'm struggling to understand where he (and apparently you) got $12 billion from. Unless there's some other source that I'm unaware of which you can point me towards?
edit: Or if you were being sarcastic. In which case, I missed that; this being the internet and all.
