last92 on 02 September 2016
But excess cash is not a good thing per se. It means that Nintendo doesn't know how to invest it for profitable projects=lack of creativity and planning or a fucked up capital budgeting process. Or just plain management stupidity. Especially in a situation where a company is struggling on their core business and it still has such a high amount of cash.
I'd be way happier to see that cash halved in the next few years to undertake some interesting projects. They said they need cash because the gaming industry is volatile so they need some sort of shield for the bad times, right? Well, now is "bad times" for them, so time to spend some of that cash.
