has nintendo ever lost money 1 finanscal year or will it happen

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RolStoppable said:

ItsaMii said:
When was the Virtual Boy released? It should have affected at least one quarter. As for an entire year, I really do not know.

1995, when the SNES was still dominant and easily offset anything the Virtual Boy lost. I think the one negative quarter they had in the last two decades was in the middle of the Gamecube era (2003).

Early 2000 if I remember correctly and it was due only to an unfavorable conversion rate ( yen - dollar ).

However Yamauchi risked to lose his company prior the entry of Nintendo on Toy business ( Ultra-Hand by Gumpei Yooi ) and gaming business ( they sold an Odissey-based console around 1977 ).

This fact , I think, influenced him so Nintendo is amous to be a conservative company with an huge hoard of cash in bank.

Yamauchi's success in video games -- Nintendo dominated the industry in the 1990s -- didn't come overnight. After Yamauchi succeeded his father as president in 1949, the company was almost forced to file for bankruptcy in the late 1960s after several failed attempts to expand its product lineup into toy guns, baby carriages and even to fast food, according to several books written on Nintendo's history.

Chastened by the experience, Yamauchi vowed then not to borrow money to fund Nintendo's operations.

"Even if we need 500 billion ($4 billion) or 1 trillion yen, I never, ever want to bow my head to someone to ask for money, and that is the very message I want to bestow on the new management," Yamauchi said last week.