What is Nintendo blowing cash on?

[TheWPCTraveler]

I just need to know why the hell Nintendo is still making a loss even after the moderate successes they had in 2013 and 2014 (the former had the 3DS finally succeed whilst the Wii U withered; the latter has so far been a moderate success for both platforms).

I won't be surprised if it was on R&D, but damn. They should really be looking at the RoIs if that were the case.