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

the_dengle on 30 January 2013
tbone51 said:
can someone give me exact list of sold hardware life to date!

Close enough.

DS is overtracked though.



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Carl on 30 January 2013

DS once again sold more than its shipped according to VGChartz?

Told ya so.

Wii extremely close to hitting that 100 Million milestone.



                            

Soundwave on 30 January 2013

Someone should fix the title, it's misleading and inaccurate. Nintendo posted a net income of $159 million for the quarter, not $450 million.



Vinniegambini on 30 January 2013
Soundwave said:
Someone should fix the title, it's misleading and inaccurate. Nintendo posted a net income of $159 million for the quarter, not $450 million.

NINTENDO - Consolidated Results for the Nine Months Ended December 2012. Thus, Nintendo's report is from Q1 through Q3. As a result, if one only looks at Q3, Nintendo did 450 million as Q1 and Q2 totalled over 300 million losses. In all, Nintendo posted a net income of 159 million combining all three quarters.



Metrium on 30 January 2013
Farsala said:
tbone51 said:

some1 pls confirm, im lost!

so does this mean tht wii u has 3.06mil units sold of when? Dec 31? Also 3DS has 29.84? vgc has it at 28.2?

help!!!


Shipped vs Sold

So 3DS: 29.84-28.2= 1.64 in stock

This is a question I've been asking myself for a while now. When a console is shipped, does Nintendo get their money right away from the retailer since the retailer buy the consoles from Nintendo in order to later sell them to the customers or does Nintendo need to wait for the retailer to sell it to the customer before they can get their money?



 

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Soundwave on 30 January 2013
Vinniegambini said:
Soundwave said:
Someone should fix the title, it's misleading and inaccurate. Nintendo posted a net income of $159 million for the quarter, not $450 million.

NINTENDO - Consolidated Results for the Nine Months Ended December 2012. Thus, Nintendo's report is from Q1 through Q3. As a result, if one only looks at Q3, Nintendo did 450 million as Q1 and Q2 totalled over 300 million losses. In all, Nintendo posted a net income of 159 million combining all three quarters.


Shouldn't net income be below $150 million then if they had losses over $300 million for Q1/Q2?

450 - 300 (+) < 159



Player2 on 30 January 2013
Vinniegambini said:
Soundwave said:
Someone should fix the title, it's misleading and inaccurate. Nintendo posted a net income of $159 million for the quarter, not $450 million.

NINTENDO - Consolidated Results for the Nine Months Ended December 2012. Thus, Nintendo's report is from Q1 through Q3. As a result, if one only looks at Q3, Nintendo did 450 million as Q1 and Q2 totalled over 300 million losses.

Put minuses in the Q1 and Q2 numbers (or write them in red) in the OP, people* may understand it better that way.

 

* Those willing to.



Vinniegambini on 30 January 2013
Soundwave said:
Vinniegambini said:
Soundwave said:
Someone should fix the title, it's misleading and inaccurate. Nintendo posted a net income of $159 million for the quarter, not $450 million.

NINTENDO - Consolidated Results for the Nine Months Ended December 2012. Thus, Nintendo's report is from Q1 through Q3. As a result, if one only looks at Q3, Nintendo did 450 million as Q1 and Q2 totalled over 300 million losses. In all, Nintendo posted a net income of 159 million combining all three quarters.


Shouldn't net income be below $150 million then if they had losses over $300 million for Q1/Q2?

450 - 300 (+) < 159

I'm judging with current exchange rates. Tomorrow we will have the full breakdown with the investors meeting and a seperate report with Q3 only results.

At the moment its:

Q1 = (189.5 million)
Q2 = (118.4 million)
Q3 = 468 million
To date Q1-Q3 = 160 million

I will update the OP once the report is out. Nonetheless, the results should not differ by that much.



Soundwave on 30 January 2013

Unless something disastrous happens in Q4, especially with the yen easing, Nintendo should comfortably make a small profit (by their standards) this fiscal year though.

3DS is maybe not selling as well as they want but clearly selling enough to drive a good amount of profit. Those NSMB2 sales are nothing to scoff at.

With Dragon Quest VII, Luigi's Mansion 2, Tomadachi Collection 2, Megaten, Monster Hunter 4, and Pokemon X/Y, they got Japan on lock down this year. I imagine a Zelda 3DS or Donkey Kong Country 3DS could happen this year too. Probably a Final Fantasy V remake too.



Vinniegambini on 30 January 2013
Soundwave said:

Unless something disastrous happens in Q4, especially with the yen easing, Nintendo should comfortably make a small profit (by their standards) this fiscal year though.

3DS is maybe not selling as well as they want but clearly selling enough to drive a good amount of profit. Those NSMB2 sales are nothing to scoff at.

With Dragon Quest VII, Luigi's Mansion 2, Tomadachi Collection 2, Megaten, Monster Hunter 4, and Pokemon X/Y, they got Japan on lock down this year. I imagine a Zelda 3DS or Donkey Kong Country 3DS could happen this year too.

Operating Income loss of 20 million yen, net income of 14,000 yen for year-end forecast.

Bascially, they are not profitable at the moment by selling video games, they are currently catching a break with the weaker yen and will post a profit because of the it.