Nintendo Investors Meeting - 8:00 PM EST (15 mins left)

[magoghm]

sonicfan1373 said:

czecherychestnut said:

It would have been Nintendo's revised yearly projections thread, in which Nintendo revised their projections down for Wii U and 3DS and lowered their yearly results prediction from 55 billion yen to a -25 billion loss. 

The results in this thread are for the quarter, in which consoles sell 2-3x more than the rest of the year combined, meaning it was expected Nintendo would make a quarterly profit, but due to the previous quarterly losses (and the upcoming on) it will be a yearly loss.

But it appears that the results are compounded (April-December 2013) so it takes the loss of previous quarters into account. Furthermore, based on previous years results Q4 does not have a massive impact on their profits unless they are doing heavy R&D or paying large end of year taxes; so this does make me wonder about their end-of-year projection made on January 17.

I see in Nintendo's financial statement http://www.nintendo.co.jp/ir/pdf/2014/140129e.pdf that they spent 43.2 billion yen on R&D during the first 3 quarters, but they expect to spend 70 billion yen for the full year. That's a huge increase in R&D expenses for the last quarter.