Nintendo currently has $4.7 billion in the bank

[vkaraujo]

outlawauron said:

vkaraujo said:

outlawauron said:

Why are you assuming Nintendo had zero short term investments in 2012? It's unreasonable to believe that all of the money they've invested into it was apart of the $10 billion they had in reserve.

What is being pointed is that they had a little more than 10B in current assets in 2012 and now they have 10B. If it is in cash, short term investments or stock, they still have around the same amount of cash, but in different forms. Since they didn't sold any long-term assets (buildings or IPs), than they are about the same.

Maybe they have more liabilities, but i can't say without the 2012/2013 balance sheet.

That's not what the article said at all. Instead of reading articles, I just pulled financial reports: 2012 and 2014.

It looks like Nintendo is clarifying their assets and separating things to be more clear with their newer reports. They've lost a good chunk of money in the recent years, but a disasterious amount.

I see, against 2011 indeed. Against 2012 they still lost something, but not that much.

 

Total assets: ¥1,368,401 (2012) against  ¥1,306,410 (2014)

Current Assets: ¥1,140,786 (2012) against ¥1,024,136 (2014)

Liabilities: ¥177,376 (2012) against ¥187,971 (2014)

 

In Yen the fall doesn't look that big to be honest, maybe in U$ the exchange rate is affecting the perception

They are losing money, no point arguing over that.