Miyamotoo said:
superchunk said: Nintendo made more profit in FY 2010/2011 than they have lost this generation. While the WiiU was a downer for 3 FYs, its definitely no reason to think they need to drop the HW business. They have enough cash to have a few meh consoles. |
But fact is that they loss only around $9m till now, and with this year (most likely only with this Q1) they will become profitable this gen.
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That $9m figure is Net Profit, how is that in anyway related to how their hardware business is performing? You're latching on to that Net Profit figure but really it's irrelevant to this thread, the thread doesn't say Nintendo lost money, it says their products have lost money. Which is correct.
Mbolibombo said:
Miyamotoo said:
There is difference between operating profit and Net profit, bottom of line is of course net profit. Nintendo had loss if look only operating profit, but overall, they lost only around $9m this gen and with this current fiscal year they actually have solid proof for this gen.
| | FY3/2012 | FY3/2013 | FY3/2014 | FY3/2015 | FY3/2016 |
| Net sales |
647,652 |
635,422 |
571,726 |
549,780 |
504,459 |
| Operating income |
-37,320 |
-36,410 |
-46,425 |
24,770 |
32,881 |
| Ordinary income |
-60,863 |
10,482 |
6,086 |
70,530 |
28,790 |
| Profit attributable to owners of parent |
-43,204 |
7,099 |
-23,222 |
41,843 |
16,505 |
| Net income per share (yen) |
-337.86 |
55.52 |
-183.59 |
353.49 |
137.40 |
| Total assets |
1,368,401 |
1,447,878 |
1,306,410 |
1,352,944 |
1,296,902 |
| Total net assets |
1,191,025 |
1,227,520 |
1,118,438 |
1,167,556 |
1,160,901 |
| Capital adequacy ratio |
87.0% |
84.8% |
85.6% |
86.3% |
89.5% |
| Net assets per share (yen) |
9,313.15 |
9,598.22 |
9,447.00 |
9,862.52 |
9,662.73
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https://www.nintendo.co.jp/ir/en/finance/2015_04.html
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Yes as I was expecting, you never know though. People tend to talk in terms of what suits their agenda :>
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What the OP says is completely correct, and I guess he's using Operating Profit because that shows how Nintendo's Products are actually performing, due to the nature of this site I'd guess that's what people want to know. People want to know if they've made a profit on 3ds,WiiU,Amiibo,Games. That's what Operating Profit shows.
The thread doesn't say Nintendo as a company has lost money, the thread says their products have lost money, which is the more interesting point to me at least.
Obviously I don't know what reasons the OP had in creating this thread, but it doesn't matter if he is biased or a nintendo hater, there's nothing wrong with the thread itself other then the crazed reactions of some.