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Forums - Nintendo - Mario Kart 8 Reaches 2.82mil Worldwide in Just 1 Month (32 Days/33 for Japan)

It is shipped + digital

Nintendo knows digital, and knows how much they shipped, they don't know how much wall mart and the other retail places sold.

I think Nintendo lost money because they have 5000 employess whose wags they have to pay every month. even if they are making a profit on all hardware + software sales, that profit dooesn't match yet fixed expenses.



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Gammalad said:
What else is Nintendo spending on to be not making a profit from this? Are they going on a massive buying spree we aren't aware of?


Clearly, you did not read the OP.

"The operating loss was 9.4 billion yen because total selling, general and administrative expenses including fixed expenses exceeded gross profit." Source

Selling expenses are those expenses incurred in attempting to create sales for the company. Examples include marketing expenses and compensation for sales staff. General and administrative expenses, meanwhile, represent most overhead costs of operating a company's business, which includes advertising among other things. If you want a full breakdown of what Nintendo are spending on, look up the definition of the various types of expenses listed in the quote.

To me, this says that the operating loss is at least partially attributable to the amount of money they are spending on marketing - something they are probably having to throw more money at now than if they'd spent it 18 months ago. The cost of things like E3 and the various related marketing pushes they're doing would also have made an impact on this.

They are spending money on marketing now to reap the benefits of the sales in the future.



forethought14 said:
 
Hedra42 said:

And I say again, I get the difference between. We can't blindly assume these figures are shipped, because Nintendo have reported sold-through figures before. Proof from last month:

"Nintendo has given us confirmation that Mario Kart 8's global sell-through is approximately 2 million in less than a month, as announced by Genyo Takeda speaking on behalf of Nintendo President Satoru Iwata." http://uk.ign.com/articles/2014/06/27/2-million-copies-of-mario-kart-8-have-reportedly-been-sold

So, for this month, are we actually 100% sure that someone at Nintendo said that these figures represent shipped to retailers? BEcause I've  just gone through all documents and can't find it either way. I want to know from those who think it's sold-through, where they're getting their info from.

If it is shipped, then I'm seeing a lot of apples and oranges being compared in this thread.

Whenever someone gives "sell-THROUGH" values, that means it was sold to customers, not retailers. Takeda gave a Sold-through value on the 27th of June, so it was sold to customers at that time. Nintendo's Financial Reports are always shipped unless otherwise stated in press-releases, because that's how it has always been. If you don't believe me, then consider this: How could Nintendo have sold both approximately 2 million and 2.8 million to customers for roughtly the same time period, how does that make any sense? We're talking about Q1, which ended on the 30th of June. Takeda confirmed 2 million to customers (sell-through) on the 27th, the 2.8 million value was given up to the 30th, does anyone honestly expect they sold the rest of 700-800K in only 3 days? No, they have shipped 2.8 million to retailers (sold-in) and approximately 2.0 million were sold to customers (sell-through). How much is it now? Well, if we assume the usual Mario Kart legs, it probably sold less than last month, 200K +/-  for all of July.  

For the third time, I get the difference between sell-through and shipped. I don't need a lecture or have their definitions explained to me.

And, as previously stated, we cannot blindly assume something to be shipped "because it always is".

Having said that, I appreciate your logic that Takeda confirmed MK8 's figures were approximately 2 million sold-through to customers by June 27th, and that 2.82 million by 30th June would indicate that the latter figure indicates shipped, going by the sheer difference. In the absence of definitive proof, your logic is sufficient for me to accept that in this case, we are talking about shipped.



Good news!!! Way to go!!



MoHasanie said:
That's amazing! The only good news to come from yesterday's financial results. Hopefully it will go on to sell 5+ million units.

5 million? I honestly don't see MK8 selling less than 7/8 million! It's going to be the best selling WiiU game in the longrun after all..



                
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RenCutypoison said:
DanneSandin said:
RenCutypoison said:


The problem is, people wought a wii U knowing that MK would eventually be there. So it did push the sales, but it can't be quantified.

To push sales now, they need to surprise people. Because most people who are interested in classic nintendo Ips already bought wii U. They kinda did it with e3 2014 announcement though

Well, that's kind of the point, isn't it? They need to attract new costumers, not just the old Nintendo faithful


They wouldn't want to loose the old nintendo faithful either, that's all they have right now =p

Yes and thats the sad part :p they really need to expand their audience if they are to survive



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DanneSandin said:
RenCutypoison said:


They wouldn't want to loose the old nintendo faithful either, that's all they have right now =p

Yes and thats the sad part :p they really need to expand their audience if they are to survive


Well, they did with the wii, but the wrong way. By targeting non gamers, they made a lot of money, but non-gamers' wii started to take dust after 2-3 years.

So they are not interested in future nintendo products.

A good example of expanding audience would be Sony. Their main first party offering were popular with kids on ps1, 12-15 yo with ps2, and 18-25yo with ps3.

That way they kept their first audience as they grew up, but also attracted everyone around them. The genesis did the same by targeting teenagers, because they knew the NES kids had grown up.



RenCutypoison said:
DanneSandin said:
RenCutypoison said:


They wouldn't want to loose the old nintendo faithful either, that's all they have right now =p

Yes and thats the sad part :p they really need to expand their audience if they are to survive


Well, they did with the wii, but the wrong way. By targeting non gamers, they made a lot of money, but non-gamers' wii started to take dust after 2-3 years.

So they are not interested in future nintendo products.

A good example of expanding audience would be Sony. Their main first party offering were popular with kids on ps1, 12-15 yo with ps2, and 18-25yo with ps3.

That way they kept their first audience as they grew up, but also attracted everyone around them. The genesis did the same by targeting teenagers, because they knew the NES kids had grown up.

Yes ineed. I think had the Wii been another HD console and gotten all the 3rd party support, there would only be 2 consoles right now, and Nintendo would be one of them. Targeting the blue ocean was geniusly dnoe by Nintendo, but they should have gotten the hardcore market onboard as well, either by making "hardcore" games themselves or gotten 3rd party support.

It kinda feels like Nintendo is stuck with the same market they've had for a very long time, but what they need is new blood that actually sticks around, and that calls for Nintendo to evolve in some way or another.



I'm on Twitter @DanneSandin!

Furthermore, I think VGChartz should add a "Like"-button.

KLXVER said:
forethought14 said:
DarkRPGamer007 said:
Losing 90 million is a lot better than hundreds of millions of dollars, am I right? Profit is on the horizon for Nintendo I can sense it

One thing that's worrying, is how they were able to lose more than last year during the same time period, despite the fact they had a multi-million seller like Mario Kart 8. How exactly are operations going on at Nintendo to make them lose that much money? 


They have alot of projects going on I guess. The QoL platform, Amiibos, many games etc...

Also I think the bundle wouldn't be bringing in that much profit. Also Mario Kart 8 had to be expensive to make and all the free games being given away. Dang when you look at it they're improving but it's gonna take a while for sales to resurface



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