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Forums - Nintendo - Nintendo profit seen surging 160% on sale of Mariners stake

DonFerrari said:
Well, that certainly helped their bottom line.

In before, if this was Sony there would be things like the complainings about building being sold.

Not an equivalent situation. Sony is a much larger company, with more employees, and massive debt. Nintendo is much smaller company with huge cash reserves.



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bunchanumbers said:
onionberry said:

They are expanding to other business like movies and orlando parks, even restaurants. They still own a small part of the team but is not like the team was a money maker for them.

But it could have been. TV deals for sports teams go into the billions now. Sure the investment in the team has paid for itself many times over, but they still could have made more money in the long run by owning the team.

Plus when EA deserts Nintendo Switch they could have made a new licensed baseball game like they did on the N64. Still the best mechanics in a baseball game that I have played. 



 

 

That's a lot..

Wonder if they would have made more if they held onto the team for longer, but a quick way to make a lot of money



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Platina said:
That's a lot..

Wonder if they would have made more if they held onto the team for longer, but a quick way to make a lot of money

easily more money in the long term. ticket revenue, sponsorship deals. merch profits.  



 

 

bunchanumbers said:
onionberry said:

They are expanding to other business like movies and orlando parks, even restaurants. They still own a small part of the team but is not like the team was a money maker for them.

But it could have been. TV deals for sports teams go into the billions now. Sure the investment in the team has paid for itself many times over, but they still could have made more money in the long run by owning the team.

 

Cobretti2 said:
Platina said:
That's a lot..

Wonder if they would have made more if they held onto the team for longer, but a quick way to make a lot of money

easily more money in the long term. ticket revenue, sponsorship deals. merch profits.  

 

They said they selling Marines stake because they want to invest that money in other business that way more important for their core bussines, they said that money will be used for Nintendo themed parks (If I recall those parks will costa around $300-400m), movies, toys and otherNintendo merchandaise, restaurants...so not that they will only make profit from those new business but that will be huge marketing for their IPs and that will directly influence on better selling of their products. All that is huge part of their plan of levering awareness and visibility of their IPs in almost every aspect of life, so with all that on mind actualy Mariners stake is great move from Nintendo.



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Darc Requiem said:
DonFerrari said:
Well, that certainly helped their bottom line.

In before, if this was Sony there would be things like the complainings about building being sold.

Not an equivalent situation. Sony is a much larger company, with more employees, and massive debt. Nintendo is much smaller company with huge cash reserves.

Yes, it isn't the same situation. But a lot of those posts were saying Sony wouldn't have posted profits without the sale of the buildings, and this would be a similar case going by the last years. And of course Nintendo case is a lot more positive, even more if they invest in what Miyamotoo posted and they generate profit.



duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"

http://gamrconnect.vgchartz.com/post.php?id=8808363

Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"

http://gamrconnect.vgchartz.com/post.php?id=9008994

Azzanation: "PS5 wouldn't sold out at launch without scalpers."

Excellent investment selling it for 10 times what they paid about 10 years later. they must be delighted.