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Forums - Nintendo - Nintendo made profit of $920m in FY2016.

Lawlight said:
Miyamotoo said:

Like wrote, Marines made them profit of around $400-450m profit this year, so yes, Nintendo would still made profit of around $500m even without Marines.

$661 from the Mariners sale. So, $259M in profit. Of course a bunch of that came from Pokemon Go, which doesn't leave much for the core gaming business.

Core gaming business, which 11 of the 12 months consisted of Wii U and 3DS. *shrugs*



The BuShA owns all!

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onionberry said:
I like when Nintendo makes money cause I like to read comments about how this is not that good or comments about how "this is because of this certain bs, and doesn't mean shit" thanks guys, love.

No wonder Nintendo news or anything "Nintendo" threads gets lots of replies xD 



Pocky Lover Boy! 

What I do not get is the Switch is still very new and people are calling it a "success" already. Jeez.

I know they are still kind of hard to get but I have seen Switches on store shelves multiple times. It was months after release before I saw a PS4 just sitting on a shelf. I do not think the Switch is doomed by any means but to call it a success already is just insane to me



rolltide101x said:
What I do not get is the Switch is still very new and people are calling it a "success" already. Jeez.

I know they are still kind of hard to get but I have seen Switches on store shelves multiple times. It was months after release before I saw a PS4 just sitting on a shelf. I do not think the Switch is doomed by any means but to call it a success already is just insane to me

Well seeing Switches are store shelves is rare so far. Likely you happened to see the shelves within a few hours of them being restocked. I have yet to see a Switch, as is the case with a lot of people. People are saying the Switch is a success because it is selling like crazy, mostly sold out worldwide after two months, has two system sellers after two months that will continue to push sales, and has a ton of hype and many many more people that would buy the system right now if they could find one.

There's huge interest in the US for the Switch and being a handheld it is going to completely dominate Japan, Europe will be a bit weaker but still they are hard to find in most places in Europe still after two months according to reports. This doesn't mean it's gonna sell 100 million, but it is looking like a guaranteed success because there is a ton of interest for it.



Lawlight said:
Miyamotoo said:

Like wrote, Marines made them profit of around $400-450m profit this year, so yes, Nintendo would still made profit of around $500m even without Marines.

$661 from the Mariners sale. So, $259M in profit. Of course a bunch of that came from Pokemon Go, which doesn't leave much for the core gaming business.

They didn't receive a ton from Pokemon Go because they gave away the publishing rights (not a smart move). Likely also had to eat some dead inventory on Wii Us they had to take back from retailers. It's better to take the short term loss than sour a relationship with a key retail partner. Those Wii U's all just basically dissapeared over night, there was no "$149.99 Wii U" clearance price or anything, so I think Nintendo just bought them back. Which is kind of a shame because I probably would've picked up an extra Wii U unit if I could've gotten one for $100-$150. But that probably weighed down their financials. 

I don't think Mario Run made much money for them either despite being downloaded a ton, casuals are not willing to pay even $10 for games these days. 

Good news for Nintendo is they're likely to make a shit-ton of money this fiscal year. $90 Joycons, $60 Pro Controllers, Switch systems flying off shelves, Mario Kart + Zelda + Splatoon + Mario Odyessy software sales, a paid online service, even that 2DS I think will sell ok. They're gonna kill it this year. 



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Soundwave said:
Lawlight said:

$661 from the Mariners sale. So, $259M in profit. Of course a bunch of that came from Pokemon Go, which doesn't leave much for the core gaming business.

They didn't receive a ton from Pokemon Go because they gave away the publishing rights (not a smart move). Likely also had to eat some dead inventory on Wii Us they had to take back from retailers. It's better to take the short term loss than sour a relationship with a key retail partner. Those Wii U's all just basically dissapeared over night, there was no "$149.99 Wii U" clearance price or anything, so I think Nintendo just bought them back. Which is kind of a shame because I probably would've picked up an extra Wii U unit if I could've gotten one for $100-$150. But that probably weighed down their financials. 

I don't think Mario Run made much money for them either despite being downloaded a ton, casuals are not willing to pay even $10 for games these days. 

Good news for Nintendo is they're likely to make a shit-ton of money this fiscal year. $90 Joycons, $60 Pro Controllers, Switch systems flying off shelves, Mario Kart + Zelda + Splatoon + Mario Odyessy software sales, a paid online service, even that 2DS I think will sell ok. They're gonna kill it this year. 

Last year was a down year overall for Nintendo outside of Pokemon and the increase in sales for the 3DS. Yet, despite that, they still were able to profit even a little on a down year.

And with the products you've mentioned in the last paragraph, there is potential for greater profits, especially if Mario Kart, Splatoon 2, and Mario Odyssey, along with Zelda, have the legs that we know they have. I would also like to add that the 3DS games coming out could still have decent sales for the systems "final" year. Also consider the royalties for DQXI and MHXX in Japan. Then we have E3, which will be more interesting now due to the Switch's recent launch and the potential for more coming later in the year and beyond in 2018, at least.



Kai_Mao said:
Soundwave said:

They didn't receive a ton from Pokemon Go because they gave away the publishing rights (not a smart move). Likely also had to eat some dead inventory on Wii Us they had to take back from retailers. It's better to take the short term loss than sour a relationship with a key retail partner. Those Wii U's all just basically dissapeared over night, there was no "$149.99 Wii U" clearance price or anything, so I think Nintendo just bought them back. Which is kind of a shame because I probably would've picked up an extra Wii U unit if I could've gotten one for $100-$150. But that probably weighed down their financials. 

I don't think Mario Run made much money for them either despite being downloaded a ton, casuals are not willing to pay even $10 for games these days. 

Good news for Nintendo is they're likely to make a shit-ton of money this fiscal year. $90 Joycons, $60 Pro Controllers, Switch systems flying off shelves, Mario Kart + Zelda + Splatoon + Mario Odyessy software sales, a paid online service, even that 2DS I think will sell ok. They're gonna kill it this year. 

Last year was a down year overall for Nintendo outside of Pokemon and the increase in sales for the 3DS. Yet, despite that, they still were able to profit even a little on a down year.

And with the products you've mentioned in the last paragraph, there is potential for greater profits, especially if Mario Kart, Splatoon 2, and Mario Odyssey, along with Zelda, have the legs that we know they have. I would also like to add that the 3DS games coming out could still have decent sales for the systems "final" year. Also consider the royalties for DQXI and MHXX in Japan. Then we have E3, which will be more interesting now due to the Switch's recent launch and the potential for more coming later in the year and beyond in 2018, at least.

Being cut out of those Pokemon Go profits probably still stings, but I think the Switch launch takes a lot of that sting off. I think they expected a lot from Mario Run and didn't get it either. So kind of a up, down, good, bad, wild n' wacky year for Nintendo. 

They should have Animal Crossing iOS/Android for the coming year too and if they're smart that will be a free-to-start game with microtransacitons up the ass. Yes, I know Nintendo doesn't like it, but mobile customers just won't pay money upfront for a game. 



Soundwave said:
Kai_Mao said:

Last year was a down year overall for Nintendo outside of Pokemon and the increase in sales for the 3DS. Yet, despite that, they still were able to profit even a little on a down year.

And with the products you've mentioned in the last paragraph, there is potential for greater profits, especially if Mario Kart, Splatoon 2, and Mario Odyssey, along with Zelda, have the legs that we know they have. I would also like to add that the 3DS games coming out could still have decent sales for the systems "final" year. Also consider the royalties for DQXI and MHXX in Japan. Then we have E3, which will be more interesting now due to the Switch's recent launch and the potential for more coming later in the year and beyond in 2018, at least.

Being cut out of those Pokemon Go profits probably still stings, but I think the Switch launch takes a lot of that sting off. I think they expected a lot from Mario Run and didn't get it either. So kind of a up, down, good, bad, wild n' wacky year for Nintendo. 

They should have Animal Crossing iOS/Android for the coming year too and if they're smart that will be a free-to-start game with microtransacitons up the ass. Yes, I know Nintendo doesn't like it, but mobile customers just won't pay money upfront for a game. 

Yea its unfortunate that Nintendo's philosohpy for mobile, which is commendable, won't exactly cut it. While there are a lot of downloads for Mario Run, there's not a lot of interest in buying the app, especially at $10. Though I'm glad Fire Emblem Heroes is finding some success. For an IP that was near the brink of death prior to Awakening, this rise to prominence is one of Nintendo's few sucesses this gen (alongside Splatoon, return of Kid Icarus, 3DS overcoming tough launch, Smash 4's all-time roster, and BOTW being one of the highest acclaimed games of all-time and finding success as the Wii U's swan song and the start of a new beginning with the launch of the Switch). For Heroes, I'm sure there's a good amount of money being put in to get the new characters like as Ike as of recent.

We'll see how Animal Crossing goes with it's mobile debut. It'll probably be popular at least in Japan considering how well New Leaf has sold 5 years after release. For those who don't know, the game has had tremendous legs, along the likes of Minecraft, Pokemon, Yokai Watch during its peak, MH, etc. Even the new revision with amiibo has sold relatively well.



Soundwave said:
Miyamotoo said:

Like wrote, Marines made them profit of around $400-450m profit this year, so yes, Nintendo would still made profit of around $500m even without Marines.

Pretty sure you are wrong there. 

It's $661 for the Mariners sale, this is accounted for as a complete profit total actually, as it is net funds coming in. You don't subtract the original price from 1992, that was something for the 1992 financials. 

Technically actually I believe it was Yamauchi's personal money that purchased the Mariners to begin with, it wasn't taken out from Nintendo's company assets, I think they may have used the Nintendo of America branch in the purchase because at the time there was a big bruhaha over a Japanese businessman taking over an American baseball team. Ownership of the company was transferred over to Nintendo of America towards the end of Mr. Yamauchi's life in prepartion for his passing. 

So it's $661 for the Mariners (which basically is like a gift from Mr. Yamauchi) + Nintendo's operating profit from the game business, which is only $264 million. You can't really call that a $500 million profit minus the Mariners. 

This actually a textbook example of why companies are forced to disclose operating profit and net profit seperately, because companies would easily be able to lie/mislead about their profitability in situations just like this. 

How can be complete profit if they paid for Marines $125m? If you pay for something 5m, and than you sell that late for 5m, your profit is actually 5m, not 10m.

 

Lawlight said:
Miyamotoo said:

Like wrote, Marines made them profit of around $400-450m profit this year, so yes, Nintendo would still made profit of around $500m even without Marines.

$661 from the Mariners sale. So, $259M in profit. Of course a bunch of that came from Pokemon Go, which doesn't leave much for the core gaming business.

Yes, $660m, but those $660m are not all profit, they paid $125m for Marines in 1992.