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

Forums - Nintendo - Nintendo this gen making profit despite Wii U is their biggest faile ever

Miyamotoo on 16 July 2016

I making this thread because another thread people think Nintendo lose money this gen, and that isn't true at all.

Have on mind that Nintendo aiming to have profit for current fiscal year of 35,000 million yen.

https://www.nintendo.co.jp/ir/en/finance/2015_04.html

(million yen)
  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


Around the Network
Barkley on 16 July 2016

It's better to discuss operating profit to see how a company and it's products are currently performing.

And actually if you add together the 5 fiscal years you have their that's still a loss (all be it less then a billion yen.) So your argument is pretty flimsy. But if you want to discuss the performance of the 3ds, WiiU and Nintendo's Games Operating Profit is the one you want to look at.



Slimebeast on 16 July 2016

How much is that in Dollars? Yearly revenue of around $6 billion?

A bit bigger than Xbox, AMD and Nvidia, but a bit smaller than Sony's gaming revenue.

And the Nintendo profit numbers, the bottom line is that they have broke even during those five years?



Barkley on 16 July 2016

Basically the company has gained a little money, but the products (3ds, WiiU, Games) have lost money.



Miyamotoo on 16 July 2016
Barkley said:

It's better to discuss operating profit to see how a company and it's products are currently performing.

And actually if you add together the 5 fiscal years you have their that's still a loss (all be it less then a billion yen.) So your argument is pretty flimsy. But if you want to discuss the performance of the 3ds, WiiU and Nintendo's Games Operating Profit is the one you want to look at.

The operating is on rise, so that's definitely positive.

Yes they are currently minus around 1b yen and that's around $9.5m, but with current fiscal year they will sold profit overall, they targeting 35b yen profit for year ending march 2017, and thats around $335m.

So at end, despite Wii U is their worst selling console ever, they will solid profit this gen.

 

Slimebeast said:
How much is that in Dollars? Yearly revenue of around $6 billion?

A bit bigger than Xbox, AMD and Nvidia, but a bit smaller than Sony's gaming revenue.

And the Nintendo profit numbers, the bottom line is that they have broke even during those five years?

1b yens is $9.5m, previus year they made profit of around $150-160m, for curent year they aim 35b yen of profit in dolars around $335m..

 

RolStoppable said:
That's just semantics when you consider the big picture:

1. Nintendo has performed far below their own expectations regardless of the metrics you use.
2. Nintendo has not performed so badly that they should seriously consider to stop making hardware.

Of Course, that's my point, even they get performed much less than they expected (thanks to Wii U), they will end up with solid profit, and of course they will not consider leaving hardware market.

 

Barkley said:

Basically the company has gained a little money, but the products (3ds, WiiU, Games) have lost money.

I don't think that around $300m of profit will be little money.



Around the Network
Miyamotoo on 16 July 2016
Ka-pi96 said:
umm... those bolded figures are still showing a loss

Yes currently loss, of 1b yen which is around $9.5m, but with current fiscal year they will have profit at of around $300m.



Miyamotoo on 16 July 2016
Ka-pi96 said:
Miyamotoo said:

Yes currently loss, of 1b yen which is around $9.5m, but with current fiscal year they will have profit at of around $300m.

But this year isn't over yet and with how much the yen has strengthened recently a profit this year certainly isn't guaranteed...

Profit for this year is guaranteed, especially with Pokemon GO...Nintendo forecast for this year is profit of 35b yen and thats around $335m, we will see how much exalty will be profit at end of year, but some profit will definitely be there.



Aeolus451 on 16 July 2016

You made your point in the other thread. This thread is really pointless because of that. If everyone posted a thread in response to other threads they didn't like....well this forum would be full of spam.



Miyamotoo on 16 July 2016
Aeolus451 said:
You made your point in the other thread. This thread is really pointless because of that. If everyone posted a thread in response to other threads they didn't like....well this forum would be full of spam.

Yeah you are right, mods can lock this thread.



zippy on 16 July 2016

Not all losses made by Nintendo this gen are attributed to Wii U. The 3DS had a ropey start and the price was dramatically slashed, I believe the losses taken by 3DS were the first losses in the companies video game history?