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Forums - Nintendo - Analysts Expect Nintendo To Report Net Profit Of ¥6.8 Billion In Quarter Through September

Nintendo will be announcing its second-quarter earnings tomorrow and analysts expect them to reveal a net profit of  ¥6.8 billion in the quarter through to September. Last year the company reported a net loss of ¥8.02 billion, however this year they’re expected to announce that they’ve wiped out their operating loss. The Wall Street Journal says that Nintendo’s revenue is expected to fall to ¥106 billion in the quarter from ¥115 billion a year earlier. Here’s what they have to say.

WHAT TO WATCH:

  • EARNINGS OUTLOOK: While the figures for the second quarter are set to look more encouraging, helped by robust sales of high-margin software, analysts say the real test for Nintendo will be the quarter through December, including the holiday shopping season. Jefferies analyst Atul Goyal says it is possible Nintendo will lower its guidance for the current fiscal year due to weak hardware sales. While Nintendo forecasts an operating profit of ¥40 billion for the year through March, Goyal predicts a loss of ¥25 billion.
  • NEW SERVICES, APPS: The company has said it will launch a new healthcare-related service with more details to come before the end of the year. Some analysts also predict the unveiling of a smartphone application. Investors will keep an eye out for any information on these possible new offerings. But some Nintendo watchers say what the company really needs is a more drastic change in its strategy, such as making its games available through smartphones.
  • RESTRUCTURING: The company has so far been reluctant to embrace wider restructuring measures. Investors will pay close attention to any specific steps aimed at cutting expenses and streamlining operations, including potential job cuts.
  • CHINA STRATEGY: Analysts are hoping Nintendo will explain how it will expand its business in China as well as other emerging markets, where many see the biggest potential growth.

http://mynintendonews.com/2014/10/28/analysts-expect-nintendo-to-report-net-profit-of-%C2%A56-8-billion-in-quarter-through-september/



If you're interested in Nintendo content and understand german, maybe you want to take a look at my youtube channel! :)

https://www.youtube.com/user/RealGamingExpert

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So profit of 60m?

Guess we'll find out soon.



Sigs are dumb. And so are you!

Were finding out tomorrow. Hopefully they have under predicted!

Either way, I'm not surprised. Wii U is profitable since..ages.



Ka-pi96 said:
Those yens are kind of annoying. Keep have to try working out what that is in pounds

Well that shouldn't take too long!
There are a lot of sites for that.



If you're interested in Nintendo content and understand german, maybe you want to take a look at my youtube channel! :)

https://www.youtube.com/user/RealGamingExpert

RolStoppable said:
Ka-pi96 said:

It's still annoying, having to go back and forward all the time. At least when it's in dollars I can just assume about half of that amount is about what it would be in pounds.

Well, if you assume that 100 yen are S1, then you are already halfway there.

And really, you English people should stop using pounds. Get with the program and use kilograms like the rest of the world.


haha made me lol

 

btw its more like  90yen = 1 dollar

110 not 90.
i was doing it wrong. 1 yen = 0,009x dollar



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About 63M USD, I wonder how this will look going into the holidays. I would like to think Nintendo is on track to get out of this financial hole, however we shall see.



"I think it will be the HDS"-Me in regards to Nintendo's next handheld.

Things are hopefully looking up for Nintendo.



I expect Nintendo will be pleased with anything that doesn't start with a minus right now :p (same can be said for Sony).

There's very little to be happy about with tiny profits, but there's a lot to complain about with losses.



Zekkyou said:
I expect Nintendo will be please with anything that doesn't start with a minus right now :p (same can be said for Sony).

There's very little to be happy about with tiny profits, but there's a lot to complain about with losses.

Well with the Amiibos they should be able to make a lot of money!

The end of the year looks really bright!

Hopefully they can post a profit now already!



If you're interested in Nintendo content and understand german, maybe you want to take a look at my youtube channel! :)

https://www.youtube.com/user/RealGamingExpert

getting rid of the operating loss would be great