By using this site, you agree to our Privacy Policy and our Terms of Use. Close

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

Vinniegambini on 23 April 2013
kowenicki said:
2nd annual loss now expected. Not good.

2nd operating income loss. Projected net profit of 140 million (net income) nonetheless due to currency gains and other investments - they got a lucky break.

However, this was to be expected as per the following - http://www.nintendo.co.jp/ir/pdf/2013/130130_2e.pdf

If Bloomberg estimates are correct (18.7 Billion), Nintendo will beat its own internal projections of 20 Billion Yen loss. It's not as severe as how the media paints them.

I'm cautiously optimistic for their year-end report. And you?



Around the Network
Vinniegambini on 23 April 2013
kowenicki said:
Vinniegambini said:
kowenicki said:
2nd annual loss now expected. Not good.

2nd operating income loss. Projected net profit of 140 million (net income) nonetheless due to currency gains and other investments - they got a lucky break.

However, this was to be expected as per the following - http://www.nintendo.co.jp/ir/pdf/2013/130130_2e.pdf

If Bloomberg estimates are correct (18.7 Billion), Nintendo will beat its own internal projections of 20 Billion Yen loss. It's not as severe as how the media paints them.

I'm cautiously optimistic for their year-end report. And you?

Well I'm not optimisitic at all because they seem to be rudderless at the moment.  The guys at the top seem to be detached from reality.  I expect a slight loss or very slight profit.

Its all very quaint to bow and apologise for lacking games and missing deadlines etc... but its really not good enough, action not words.

If they miss the target for FY ending March 2014 then he will be a dead man walking.

1. Nintendo is projecting a net profit of 140 million for FY12 (They already attained that number as of Q3 - Nintendo needs to break even this quarter in order to maintain such projections. Judging by Nintendo's Q4 of last year, they were able to do so - break even. As a result, a net profit is pretty much locked)

2. Most definetely. I don't think Iwata will be able to achieve it's 100 Billion Yen operating income to be honest. The momemtum of Pokémon, 3DS and the line-up that follows will allow Nintendo to atleast achieve half of the projected number; however, the Wii U if it continues to follow its trajected path will seriously hurt Nintendo's financials. Iwata sure as hell has his work cut off for him.

On a side note, I think Nintendo would be better off selling their majority interest in the Seattle Mariners as I never understood why they still hold such interest in keeping them.



gigantor21 on 23 April 2013

Tagging.

*grabs popcorn*



Have some time to kill? Read my shitty games blog. http://www.pixlbit.com/blogs/586/gigantor21

:D

Conegamer on 23 April 2013

So only a couple hours left then!



 

Here lies the dearly departed Nintendomination Thread.

Pavolink on 23 April 2013
Vinniegambini said:
Edit: Nintendo's Fiscal-Year earnings will be released on the 24th of April at 4:00pm Japan time (3:00 am Eastern).

Nintendo projects a loss for the loss based on operating income (20 Billion Yen); however, a net profit of 14 Billion Yen due to currency gains.

Nintendo estimated shipments figures this quarter are as followed:

- 3DS - 2.3 Million

- Wii - .5 Million

- Wii U - .9 Million

Analysts claims that Nintendo will post an annual loss of over 18.7 Billion Yen and a net profit of 14 Billion Yen

Analysts doubt that Iwata can commit to the 100 Billion Yen (1 Billion US) operational income for FY13.

Analysts projects Wii U sales at 9 million for FY13 and 70 Billion Yen operational income compared to 100 Billion Yen as outlined by Iwata.

What are your predictions? 24 hours until results!

http://www.bloomberg.com/news/2013-04-22/nintendo-ceo-seen-missing-profit-target-as-wii-u-founders.html?cmpid=yhoo

Wait, Japanese time at this moment is 6:13 am, so it's still almost 10 hours to go?

http://www.timeanddate.com/worldclock/city.html?n=248



Proud to be the first cool Nintendo fan ever

Number ONE Zelda fan in the Universe

DKCTF didn't move consoles

Prediction: No Zelda HD for Wii U, quietly moved to the succesor

Predictions for Nintendo NX and Mobile


Around the Network
Vinniegambini on 23 April 2013
Pavolink said:
Vinniegambini said:
Edit: Nintendo's Fiscal-Year earnings will be released on the 24th of April at 4:00pm Japan time (3:00 am Eastern).

Nintendo projects a loss for the loss based on operating income (20 Billion Yen); however, a net profit of 14 Billion Yen due to currency gains.

Nintendo estimated shipments figures this quarter are as followed:

- 3DS - 2.3 Million

- Wii - .5 Million

- Wii U - .9 Million

Analysts claims that Nintendo will post an annual loss of over 18.7 Billion Yen and a net profit of 14 Billion Yen

Analysts doubt that Iwata can commit to the 100 Billion Yen (1 Billion US) operational income for FY13.

Analysts projects Wii U sales at 9 million for FY13 and 70 Billion Yen operational income compared to 100 Billion Yen as outlined by Iwata.

What are your predictions? 24 hours until results!

http://www.bloomberg.com/news/2013-04-22/nintendo-ceo-seen-missing-profit-target-as-wii-u-founders.html?cmpid=yhoo

Wait, Japanese time at this moment is 6:13 am, so it's still almost 10 hours to go?

http://www.timeanddate.com/worldclock/city.html?n=248

I wrote the time left in the title but forgot to update the front page lol :P

On all accounts yes you are right! Almost 10 hours until the results!



Pavolink on 23 April 2013
Vinniegambini said:
Pavolink said:
Vinniegambini said:
Edit: Nintendo's Fiscal-Year earnings will be released on the 24th of April at 4:00pm Japan time (3:00 am Eastern).

Nintendo projects a loss for the loss based on operating income (20 Billion Yen); however, a net profit of 14 Billion Yen due to currency gains.

Nintendo estimated shipments figures this quarter are as followed:

- 3DS - 2.3 Million

- Wii - .5 Million

- Wii U - .9 Million

Analysts claims that Nintendo will post an annual loss of over 18.7 Billion Yen and a net profit of 14 Billion Yen

Analysts doubt that Iwata can commit to the 100 Billion Yen (1 Billion US) operational income for FY13.

Analysts projects Wii U sales at 9 million for FY13 and 70 Billion Yen operational income compared to 100 Billion Yen as outlined by Iwata.

What are your predictions? 24 hours until results!

http://www.bloomberg.com/news/2013-04-22/nintendo-ceo-seen-missing-profit-target-as-wii-u-founders.html?cmpid=yhoo

Wait, Japanese time at this moment is 6:13 am, so it's still almost 10 hours to go?

http://www.timeanddate.com/worldclock/city.html?n=248

I wrote the time left in the title but forgot to update the front page lol :P

On all accounts yes you are right! Almost 10 hours until the results!

Thanks, I can't wait!

:O



Proud to be the first cool Nintendo fan ever

Number ONE Zelda fan in the Universe

DKCTF didn't move consoles

Prediction: No Zelda HD for Wii U, quietly moved to the succesor

Predictions for Nintendo NX and Mobile


savisn on 23 April 2013

currently up 3.15% on Osaka exchange ahead of earnings. Nikkei up 1.4%.

relatively low volume about 45% of avg. so may be 1-2 large orders that pushed it.



newwil7l on 23 April 2013
Soundwave said:
trestres said:
Tagging, it will be interesting to see what excuses come out of Iwata's mouth. Entertaining as well.


Please understand.

We didn't know you needed to have games to sell hardware. We also didn't know that releasing a console with dated technology at $350 without a hook like the Wiimote was a bad, bad idea.

Please understand.

I have the answer however. Even more ... Mario! And don't forget, Luigi!



Lmfao this is the perfect impersonation

Vinniegambini on 23 April 2013
savisn said:
currently up 3.15% on Osaka exchange ahead of earnings. Nikkei up 1.4%.

relatively low volume about 45% of avg. so may be 1-2 large orders that pushed it.

Yup. Saw that myself. What are you expecting from their results? You think they will meet or exceed their estimates?

On a side note, I think Nintendo finished its share buy back program. On March 8th there was a lot of volume for the stock, a lot more than usual. I mean it was an insane amount and no announcement was followed odd.