Buzzi said:
I read this figure everywhere, but maybe it was 13T yens, I'm not sure...still, that's a lot of money for a company who profits every year, they could actually give away millions of 3DS for free and still be a wealthy enough company...or invest them in more teams. |
just did a quick check - as of March 2011 Nintendo has roughly $9Bn in current cash. They owe $4Bn in the short term however so they really have $5Bn spare sitting around. I don't quite understand why they have such a surplus, surely they would be better investing some more cash into the business? My guess is that they have made a ton from the Wii, are investing as much as they possibly need to, and don't want to tie down their money in any long term investments (like savings accounts etc).
Will be very interesting to see their accounts when their Annual Report comes out for fiscal year 2012.