Nintendo Lowers 2016 financial forecast

[ZhugeEX]

mjk45 said:

ZhugeEX said:

There wasn't always a "Gaming Only" division for Sony and Microsoft. So directly comparing to Nintendo can be misleading for some years. 

 

Also I feel like I'm repeating myself here but this revision HAS NOTHING TO DO WITH NX OR R&D COSTS. 

Here is a breakdown of Nintendo financial performance over the past few years. FY2016 refers to the year ending March 31st 2016. 

 

CLICK FOR LARGER VERSION

Correct me if I'm wrong doesn't R&D being a liability get put on the books at the time the  expenses occured.

Correct, but Nintendo never mentioned R&D in their revision. They said the exchange rate impact and lower than expected performance of the 3DS was the reason for the decrease. I wouldn't expect Nintendo to suddenly start increasing R&D costs this late into the year, especially when it would have been accounted for in the prior forecast and budgets were set then.