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Forums - Nintendo - Nintendo have not made an operating profit overall this generation.

naruball on 16 July 2016
Ck1x said:
Barkley said:

Most people on this site keep stating that the WiiU is profitable for Nintendo even with it's poor performance, however Nintendo has throughout this generation so far actually LOST money overall. People have used it as a primary reason as to why Nintendo shouldn't leave the hardware business, stating that it is still profitable even when performing badly. However if the 3ds cannot cover the damage done by the WiiU then this is clear not the case. Unless they far exceed projections for this coming fiscal year Nintendo will end the generation with a net loss. Hopefully the NX can turn the situation around and return to Nintendo overall making a profit on their platforms.

I had not realised this at all, thanks to ZhugeEX for the image from his twitter.

What you are pointing out still doesn't negate the fact that WiiU is profitable for them now! You are alluding to how much money they lost overall, which Nintendo themselves stated a strong Yen caused the bulk of their losses(even Sony was claiming this for a long time).

I don't even get why people are so concerned with Nintendo's pockets, if Nintendo isn't giving up on dedicated hardware after the WiiU(which was the worst case scenario) then why do you care about what their profits look like?. Nintendo is still worth just as much as the whole of Sony and they have no debt, so if they say they are in dedicated hardware for the long haul so be it! It's as if people are fast lyrics holding on to some fantasy of Nintendo games on their Playstation because they secretly want to play Nintendo games. As long as they keep finding success with stuff like Wii, DS and now Pokémon GO, it will be a very long time before you guys see Nintendo games on Playstation...

Source? I'll wait.



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Soundwave on 16 July 2016

Welp, this generation is over for Nintendo and they've already got that Pokemon Go money flooding in, so if they're crying about this last generation ... they are crying all the way to the bank.

They are going to be go right back to making ungodly amounts of money over the next five years even if NX is only a middling success.



Soundwave on 16 July 2016
naruball said:
Ck1x said:

What you are pointing out still doesn't negate the fact that WiiU is profitable for them now! You are alluding to how much money they lost overall, which Nintendo themselves stated a strong Yen caused the bulk of their losses(even Sony was claiming this for a long time).

I don't even get why people are so concerned with Nintendo's pockets, if Nintendo isn't giving up on dedicated hardware after the WiiU(which was the worst case scenario) then why do you care about what their profits look like?. Nintendo is still worth just as much as the whole of Sony and they have no debt, so if they say they are in dedicated hardware for the long haul so be it! It's as if people are fast lyrics holding on to some fantasy of Nintendo games on their Playstation because they secretly want to play Nintendo games. As long as they keep finding success with stuff like Wii, DS and now Pokémon GO, it will be a very long time before you guys see Nintendo games on Playstation...

Source? I'll wait.

I believe he's probably referring to the market cap of the company, in which case, he would be correct if you use that metric. 

Nintendo closed yesterday with a market cap of 3.94 trillion, Sony is at 4.01 trillion, but Nintendo's stock is skyrocketing because of Pokemon Go, so it will probably overtake Sony by the middle of next week or so. 



Fei-Hung on 16 July 2016
Soundwave said:
Welp, this generation is over for Nintendo and they've already got that Pokemon Go money flooding in, so if they're crying about this last generation ... they are crying all the way to the bank.

They are going to be go right back to making ungodly amounts of money over the next five years even if NX is only a middling success.

Was just watching the Easy Allies Podcast and it turns out Nintendo didn't make the game, publish it or have anything to do with it other than some licensing along with 3 other companies I.e. Nintendo isn't making much at all from Pokemon Go. 

 

The app has benefit Nintendo as people have assumed Nintendo had a lot to do with the app and they are making money. This has resulted in share prices rising, but I'm not sure they will stay that way once people start realising this and the other two games don't do well. 



naruball on 16 July 2016
Soundwave said:
naruball said:

Source? I'll wait.

I believe he's probably referring to the market cap of the company, in which case, he would be correct if you use that metric. 

Nintendo closed yesterday with a market cap of 3.94 trillion, Sony is at 4.01 trillion, but Nintendo's stock is skyrocketing because of Pokemon Go, so it will probably overtake Sony by the middle of next week or so. 

Well, at least you get why such statement is wrong.



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Mbolibombo on 16 July 2016

This thread was relevant in 2014. Not so much anymore, not sure why you are making this thread. No one is saying Nintendo was profitable those years between 11-14, they have been for two straight years though.



tak13 on 16 July 2016
Barkley said:

Most people on this site keep stating that the WiiU is profitable for Nintendo even with it's poor performance, however Nintendo has throughout this generation so far actually LOST money overall. People have used it as a primary reason as to why Nintendo shouldn't leave the hardware business, stating that it is still profitable even when performing badly. However if the 3ds cannot cover the damage done by the WiiU then this is clear not the case. Unless they far exceed projections for this coming fiscal year Nintendo will end the generation with a net loss. Hopefully the NX can turn the situation around and return to Nintendo overall making a profit on their platforms.

What do you believe has caused the losses so far this generation? Is the 3ds turning a good profit but it still can't offset the damage done by the WiiU? Are the WiiU losses not THAT bad, but the 3ds isn't profiting as much as it seems? Or is Nintendo losing money in other areas not related to their dedicated hardware?

I had not realised this at all, thanks to ZhugeEX for the image from his twitter.

 

FY 2011/2012     OPERATING LOSS: $459.54 Million

 

FY 2012/2013     OPERATING LOSS: $366 Million

 

FY 2013/2014     OPERATING LOSS: $456 Million

 

FY 2014/2015     OPERATING PROFIT: $207.83 Million

 

FY 2015/2016     OPERATING PROFIT: $148.5 Million

 

FY 2011-2016     OPERATING LOSS: $925.21 Million

(these figures don't seem to PRECISELY line up with the graph, potentially due to changes in the YEN's Value? If these figures are inaccurate if someone could find more accurate figures that would be appreciated.)

 

 

In their entire history they lost money only three times, three concsecutive fiscal years, recently!  Nintendo in that time had only 22% possibility for bankruptcy, do you know why? Because they're super rich, even patcher cites this... And soon after they got back to profitability, that with wii u! Nintendo just neeeds to sell nx on profit from the beginning! That is feasible if it doesn't have an expensive component like wii u had! What are you trying to say with this thread? I suspect what , something that is misguided.

  The thread is pointles, do you understand it?



Barkley on 16 July 2016
Mbolibombo said:
This thread was relevant in 2014. Not so much anymore, not sure why you are making this thread. No one is saying Nintendo was profitable those years between 11-14, they have been for two straight years though.

Because a lot of people on this site gave me the impression they believed Nintendo had made a profit overall this generation, I believed that also. Just saw this on Zhuugex's tweet and decided to post it.

As for this thread not being relevant, this is a sales site, and information related to the earnings of Nintendo over the entire console generation is very relevant no matter what year we are in, but as we are still IN that console generation it is definitely relevant.



Barkley on 16 July 2016
tak13 said:

The thread is pointles, do you understand it?

How is discussing the earnings of a video games company on a sales website pointless?

A lot of Nintendo fans seemingly coming into the thread saying that because Nintendo have posted profits the past two fiscal years discussing their profits of the overall generation is irrelevant. That's mind blowingly illogical.

"Yeah but they posted profits last two years so you're not allowed to discuss anything before that!!!!"

 

This thread isn't saying "NINTNEDO IS DOOMED, THEYRE GONNA GO BANKRUPT, OMFG!!!! THEY'RE GONNA KEEP LOSING MONEY FOREVER" Jesus.



tak13 on 16 July 2016
Barkley said:
tak13 said:

The thread is pointles, do you understand it?

How is discussing the earnings of a video games company on a sales website pointless?

A lot of Nintendo fans seemingly coming into the thread saying that because Nintendo have posted profits the past two fiscal years discussing their profits of the overall generation is irrelevant. That's mind blowingly illogical.

"Yeah but they posted profits last two years so you're not allowed to discuss anything before that!!!!"

Yeah, it's not!

However, I call it pointless because of the reason that this thread is based on... My arguments are above!