Nintendo's Stock: Values Keep Rising

[Teeqoz]

Hedra42 said:

Teeqoz said:

Easy. Sony gets loads of money (and profit) from non-PS businesses.

Here's Sony's results per segment for the 12 months ending on march 30th:

As you can see, Sony had higher operating income from financial services (primarily life insurance), than gaming, and they also had sizeable profits from Music, Home Entertainment & Sound (TVs and speakers et.al) and Imaging Products and Solutions (cameras and lenses and stuff like that).

The narrative that the only segment of Sony currently doing well is Playstation is quite wrong. It is one of the best performing, and in the future might become the best performing segment, but still not the only one making money.

Thanks. It's only fair to provide supporting info when calling someone out for being wrong.

Although it should be noted that Game and Network has the highest positive percentage change from 2015 to 2016, and in terms of operating income, is not far behind Finance. The rest are way behind.

Like I said, it is one of the best performing segments, and I think it'll probably become the best performing segment (in fact Sony forecasts that for FY17), but it's not the only money maker. Their forecast for FY17 has Gaming at 180 Bn yen operating income, with the whole company at 500 Bn yen. And even then, that is misleading, because they are forecasting one segment (corporate and elimination, which I guess is basically management, accounting, legal fees and loads of other stuff) to lose 200 Bn, and the other segments making 700 Bn, giving a net result of 500 Bn. So of those 700 Bn in positive operating income, Playstation contributes 180 Bn, or about 25%.