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Forums - Nintendo - Nintendo 3rd Quarter Results (Oct-Dec) - Profit of over 450 million US

Vinniegambini on 30 January 2013
JWeinCom said:
ethomaz said:

Vinniegambini said:

Simple math equation. Last two quarters Nintendo posted 300 million losses. Now Q1 through Q3 Nintendo posts 150 million profit. Hence, Q3 had Nintendo posting profits of 450 million.

I understand that but that's not like the financial results works... the Nintendo results are always consolidaded for the year.

So $160 million profit this quarter.


If Nintendo was at -300 million for the first 6 months, and they profited 160 million dollars, then they should be at -140 million.  That is not the case.

Thank You.



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Zelhawks37 on 30 January 2013

I think he is confused with it being ONLY Q3 with the profits, rather than Q1-Q3 being combined in the report.



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ethomaz on 30 January 2013

Vinniegambini said:

Negative 300 million from Q1 + Q2

Positive 150 million + from Q1 + Q2 + Q3.

Its not that hard to understand that Nintendo posted 450 million profit this quarter as one needs to offset the losses from previous quarter in order to be in the positive. Nintendo is a Japanese company and that's how they consolidate their report. The report for Q3 only should be released soon after the Investors meeting.

I understand that... I just said that's not how the financial results works.

Nintendo posted $160 million profit this quarter because to reach this quarter (Q3) they have to pass the other quarters (Q1 and Q2)... the resulta are cumulatives.

Edit - I'm not confused.



cyberninja45 on 30 January 2013
ethomaz said:

Vinniegambini said:

Simple math equation. Last two quarters Nintendo posted 300 million losses. Now Q1 through Q3 Nintendo posts 150 million profit. Hence, Q3 had Nintendo posting profits of 450 million.

I understand that but that's not like the financial results works... the Nintendo results are always consolidaded for the year.

$160 million profit Q1-Q3.

So $450 million profit Q3

There that's that.....jeesh



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the_dengle on 30 January 2013
ethomaz said:

Vinniegambini said:

Negative 300 million from Q1 + Q2

Positive 150 million + from Q1 + Q2 + Q3.

Its not that hard to understand that Nintendo posted 450 million profit this quarter as one needs to offset the losses from previous quarter in order to be in the positive. Nintendo is a Japanese company and that's how they consolidate their report. The report for Q3 only should be released soon after the Investors meeting.

I understand that... I just said that's not how the financial results works.

Nintendo posted $160 million profit this quarter because to reach this quarter (Q3) they have to pass the other quarters (Q1 and Q2)... the resulta are cumulatives.

Edit - I'm not confused.

So what you're saying is that you guys have been arguing semantics this whole time. That Nintendo "posted" [yearly] profits of $160 mil this quarter, everyone misunderstood what you were saying, and three pointless pages ensued.



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ethomaz on 30 January 2013

I need to do a better explain how the financial results works... I will try to give a example.

- Nintendo posted $50 loss for Q1
- This $50 loss enter in the next Q... so the Q2 already have a dividend of $50 because the last Q
- Then Nintendo post the Q2

It's like a credit card bill (at least in Brazil)... if you didn't pay all the bill then the next moth you receive a new bill added which you have not paid in the previous month.

They is no $450 million profit because you have to pay the loss of the previous quarter... the same happen with profit... if you have profit in a quarter the next quarter have to added this profit in the results.



ethomaz on 30 January 2013

the_dengle said:

So what you're saying is that you guys have been arguing semantics this whole time. That Nintendo "posted" [yearly] profits of $160 mil this quarter, everyone misunderstood what you were saying, and three pointless pages ensued.

No. What I'm saying if you had a loss in the previous quarter you have to pay it in the next quarter... so the profit this quarter is $160m because Nintendo have to pay the loss of the previous two quarters.

That's the motive for the financial result to be cumulative.



the_dengle on 30 January 2013
ethomaz said:

I need to do a better explain how the financial results works... I will try to give a example.

- Nintendo posted $50 loss for Q1
- This $50 loss enter in the next Q... so the Q2 already have a dividend of $50 because the last Q
- Then Nintendo post the Q2

It's like a credit card bill (at least in Brazil)... if you didn't pay all the bill then the next moth you receive a new bill added which you have not paid in the previous month.

They is no $450 million profit because you have to pay the loss of the previous quarter... the same happen with profit... if you have profit in a quarter the next quarter have to added this profit in the results.

YUP, just as I thought, nothing but semantics. If you isolate the third quarter, you see $450 million profit. You don't see $300 million magically fall into a black hole to be completely disregarded.



KHlover on 30 January 2013

They managed to nullify their previous losses and make a profit? Good news



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ethomaz on 30 January 2013

the_dengle said:

YUP, just as I thought, nothing but semantics. If you isolate the third quarter, you see $450 million profit. You don't see $300 million magically fall into a black hole to be completely disregarded.

Yeah... now I understand what you was saying... that's it the $300m loss have to enter in this quarter too .