According to Japan's Nikkei, Nintendo is to reveal a pre-tax loss of ¥100 billion (£821 million) when it reports its half-yearly financial results tomorrow.

The newspaper claims that the loss - which will almost double the ¥55 billion (£451 million) loss predicted by Nintendo - will be largely due to exchange rates. The strength of the Yen against the Euro is expected to account for a loss of ¥40 billion (£328 million).

Should Nikkei's claim be true it would mean Nintendo has sustained a loss of ¥74.5 billion (£611 million) in the last three months alone. Its financial results for the first quarter of its financial year, released in July, showed a loss of just ¥25.5 billion.

http://www.next-gen.biz/news/nikkei-nintendo-post-%C2%A5100-billion-loss

Edit - Scratch that, I'm didn't realise it was H1 they were announcing.

Wouldn't that be the first time in its history that Nintendo doesn't profit overall in a fiscal year??

All 3 will get hit hard by exchange rate again this year.

I believe so ... it could be by a large extent as well.

Isn't MS in a better position though? They made $1.3B last FY and their profits were down marginally this Q over the same Q last year.

Sony also did well profit wise despite the  Yen situation last year as well (the division with Playstation in anyway)

Jebus!

100 billion Japanese yen = 1.3154 billion U.S. dollars

Oh shit, why the hell is the link in £, who cares about the pound! Will have to redo my figures

If I understand things correctly MS won't have an exchange rate issue at all since it is not a Japanese company but a US one...

As to Sony could be but pointing at last year is not any indication since last year Nintendo did more than well profit wise  despite the Yen situation...

Precisely, dollar makes it seem so much more than it is :L