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Forums - Sales - So for gaming, when does the fiscal year start/end?

I don't believe they won't post profits, because even if the Wii U is sold at a loss, they gain money back through 1st and 3rd party game sales, which we know is over 10 million in Q3 and Hardware was 3 million in Q3. Plus the fact that their 3DS is selling like hotcakes, means in my opinion a return to profit... but by how much.



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curl-6 said:
Thanks guys. Seems weird that there isn't a universal fiscal year.

I'm not so much interested in the fiscal results, more in the possibility than Nintendo might end its silence regarding upcoming games soon. Waiting for Pikmin 3 and Wonderful 101 is becoming torture.

I'm not sure why, but many people say that they'll make announcements now that the new year as started. (Can anyone explain this logic to me?)

Well not every company is founded in the same quarter so I think that's where the differences are coming from.



Otakumegane said:
Pretty much guaranteed loss though for Q4? With WiiU selling at a loss after all.


Q4 should be profitable due to pretty good 3DS sales.  Q3 was profitable although mostly because of exchange rates helping (which it's poised to do again).  Fiscal year looks to be a loss but Q4 should be small profit.



curl-6 said:
Thanks guys. Seems weird that there isn't a universal fiscal year.

I'm not so much interested in the fiscal results, more in the possibility than Nintendo might end its silence regarding upcoming games soon. Waiting for Pikmin 3 and Wonderful 101 is becoming torture.

I'm not sure why, but many people say that they'll make announcements now that the new year as started. (Can anyone explain this logic to me?)

They have an investor meeting and usually update upcoming releases.  A big part of those meetings is trying to convince investors you have a plan to grow the bottom line and the way to do that in this business is to sell consoles and software.  So showing that you have system selling software on the horizon is a good thing.  It doesn't mean they wouldn't put it out sooner, but they have to address it to some degree for the investors or investors will stay away.  I would expect if they move Pikmin and W101 past May there will be questions as launch window has flown.



savisn said:
Otakumegane said:
Pretty much guaranteed loss though for Q4? With WiiU selling at a loss after all.


Q4 should be profitable due to pretty good 3DS sales.  Q3 was profitable although mostly because of exchange rates helping (which it's poised to do again).  Fiscal year looks to be a loss but Q4 should be small profit.

Don't forget that Wii sold well during the holidays. That's where they made most profits from (and its games).

They are pretty low on games this quarter and only 3DS is doing good hardware numbers. It's gonna be close.



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savisn said:
curl-6 said:
Thanks guys. Seems weird that there isn't a universal fiscal year.

I'm not so much interested in the fiscal results, more in the possibility than Nintendo might end its silence regarding upcoming games soon. Waiting for Pikmin 3 and Wonderful 101 is becoming torture.

I'm not sure why, but many people say that they'll make announcements now that the new year as started. (Can anyone explain this logic to me?)

They have an investor meeting and usually update upcoming releases.  A big part of those meetings is trying to convince investors you have a plan to grow the bottom line and the way to do that in this business is to sell consoles and software.  So showing that you have system selling software on the horizon is a good thing.  It doesn't mean they wouldn't put it out sooner, but they have to address it to some degree for the investors or investors will stay away.  I would expect if they move Pikmin and W101 past May there will be questions as launch window has flown.

So any idea when this meeting will be? Im dying for news on upcoming Wii U games.



curl-6 said:
savisn said:
curl-6 said:
Thanks guys. Seems weird that there isn't a universal fiscal year.

I'm not so much interested in the fiscal results, more in the possibility than Nintendo might end its silence regarding upcoming games soon. Waiting for Pikmin 3 and Wonderful 101 is becoming torture.

I'm not sure why, but many people say that they'll make announcements now that the new year as started. (Can anyone explain this logic to me?)

They have an investor meeting and usually update upcoming releases.  A big part of those meetings is trying to convince investors you have a plan to grow the bottom line and the way to do that in this business is to sell consoles and software.  So showing that you have system selling software on the horizon is a good thing.  It doesn't mean they wouldn't put it out sooner, but they have to address it to some degree for the investors or investors will stay away.  I would expect if they move Pikmin and W101 past May there will be questions as launch window has flown.

So any idea when this meeting will be? Im dying for news on upcoming Wii U games.


Should be April 25th



savisn said:
curl-6 said:
savisn said:
curl-6 said:
Thanks guys. Seems weird that there isn't a universal fiscal year.

I'm not so much interested in the fiscal results, more in the possibility than Nintendo might end its silence regarding upcoming games soon. Waiting for Pikmin 3 and Wonderful 101 is becoming torture.

I'm not sure why, but many people say that they'll make announcements now that the new year as started. (Can anyone explain this logic to me?)

They have an investor meeting and usually update upcoming releases.  A big part of those meetings is trying to convince investors you have a plan to grow the bottom line and the way to do that in this business is to sell consoles and software.  So showing that you have system selling software on the horizon is a good thing.  It doesn't mean they wouldn't put it out sooner, but they have to address it to some degree for the investors or investors will stay away.  I would expect if they move Pikmin and W101 past May there will be questions as launch window has flown.

So any idea when this meeting will be? Im dying for news on upcoming Wii U games.


Should be April 25th

Okay, I should be able to stay alive that long... maybe... XD