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Forums - Nintendo Discussion - Nintendo Fiscal Earnings - 70 Million Profit Year-End, Q4 - Loss (70 Million)

Chandler on 24 April 2013

Yen saved their asses, but a profit is a profit.



Ongoing bet with think-man: He wins if MH4 releases in any shape or form on PSV in 2013, I win if it doesn't.

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curl-6 on 24 April 2013

So... this is good news, or bad news?



Otakumegane on 24 April 2013
Vinniegambini said:
3DS software sales:

Animal Crossing - 3.87 million
Luigi's Mansion 2 - 1.22 million
Kid Icarus - 1.18 million

4 million for AC. Woot.

Glad to see Kid Icarus getting well deserved sales, and it's undertracked.



http://gamrconnect.vgchartz.com/profile/92109/nintendopie/ Nintendopie  Was obviously right and I was obviously wrong. I will forever be a lesser being than them. (6/16/13)

Soundwave on 24 April 2013
curl-6 said:
So... this is good news, or bad news?


It's kinda both, lol. Basically the weakening yen saved Nintendo from a very bad year.



Otakumegane on 24 April 2013
curl-6 said:
So... this is good news, or bad news?


Good news that they made net profit, but badnews cause Q4 losses and the fact that yen saved their asses. Terrible for WiiU but nice 3DS software numbers.

It's not enough to get Iwata get fired or anything I think.



http://gamrconnect.vgchartz.com/profile/92109/nintendopie/ Nintendopie  Was obviously right and I was obviously wrong. I will forever be a lesser being than them. (6/16/13)

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Vinniegambini on 24 April 2013
curl-6 said:
So... this is good news, or bad news?

In my opinion, bad news as they were saved by the weakening yen. Their business model has remained the same as last year, a money losing transaction.



Mythmaker1 on 24 April 2013
curl-6 said:
So... this is good news, or bad news?


Bit of both.

Good news is, they didn't lose any money.

Bad news is, it's only a little better than last year.

But with the currency exchange rate pushing the other way, it became a slight profit instead of a serious loss.



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Conegamer on 24 April 2013

Well, a profit is a profit. Could have been worse, could have been much better.

Their Wii U prediction is optimistic but possible. Does seem like VGC is about right though.



 

Here lies the dearly departed Nintendomination Thread.

Soundwave on 24 April 2013


The kinda worrisome thing about the 3DS is it's numbers from last year in Q3 and Q4 are way down year over year. Which is unusual for a platform entering mid-cycle, it should be accelerating greatly right now, not decelerating.

The 3DS software attach ratio is not very good either.



Vinniegambini on 24 April 2013

DAMN, Nintendo is changing most of its board of directors. New department heards are about to step in hmmmm....

http://www.nintendo.co.jp/ir/pdf/2013/130424_3e.pdf