phaedruss on 28 June 2014
| Arkaign said: What everyone misses is the massive reduction in liabilities, which is smart financial management. Think of it this way, to compare to a personal level : Nintendo is like a person who started a few years ago with $40k in Credit Card debt, $10k in cash, and $10k in other assets. Now in current year, they have $10k in Credit Card debt, $6k in cash, and $12k in assets (along with some major home improvements and maintenance out of the way). The analogy isn't perfect, but reducing long-term liabilties makes it dramatically easier to be profitable even with the same income. |
Well according to the chart on page 4 I think, they have the same liabilities as 2012 but far less than 2010.
