I remember years ago hearing that since a lot move most of their Nintendo assets into the US Dollar around the end of th 90s, whenever the Yen does well, it is more likely to hurt Nintendo on these types of things. Is that no longer true?

I think they'll still make a loss because Wii U.

The apology Iwata gave on Nintendo Direct is nothing compared to what he'll have to do about Wii U sales.

The yen did not climb until recently and so that will not have a huge impact on Q3. The Wii U should be flat as the software sales most likely offsale hardware losses.  The 3ds did great though, so I epect a nice boost there.  Surely it'll be better than last q3.

Also, expect another forecast downgrade and a certain drop in the stock price after wednesday.

Japanese multinational corporations in general do worse with a strong yen because it hurts exports and international sales. Either they increase the dollar price of say, a DS, and suffer lower sales (and the negative response of a price hike so is rarely done), or keep the same price and suffer lower profits when monetizing assets back into the home currency.

For example DS sells for $100, and yen is at 100/dollar. So each DS nets 10,000 yen.
Then the yen gets strong and is 80/dollar. Each $100 DS only nets 8,000 yen to the balance sheet. That's 2,000 yen less per unit, and we are talking millions of units. The lost revenue is immense on this scale.
Then lets factor in an example that it costs 8,000 yen per unit to manufacture, ship, market, and pay the middle-man sellers, and suddenly you are making NOTHING at all. Yes I realize this is an oversimplification but it's still supportive of the point.

Nintendo is up 5% yes, but by end of day it will be at 0%.  

Considering the current state of the yen it would be very nearly impossible for Nintendo to post a loss I would think.

tagged

lets hope so.

tagged!

2 more days. Tagging for later.