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Forums - Nintendo - Fun Fact: Nintendo's interest on their Cash Reserve is enough to fund Breath of the Wild

vivster said:
Which makes the fact that they refuse to lower their margin on their hardware and software even worse. They really are the Apple of console gaming.

The reason Apple and Nintendo continue to stay where they are is BECAUSE they're really frugal. Sony's game division was in the red for years off and on, even during the PS2 era and Microsoft's game division almost never rose into the black. Sega was like a mad-man with cash and they almost went entirely out of business at one point. Nintendo knows how to manage money with the best of them.



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caffeinade said:
KLAMarine said:

Goodness, I hope not. Especially if VI will be anything like IV or V.

I would not be opposed to a spin off in the Mushroom Kingdom; would you?

I'd love any PS2-era GTA game. PS360 GTAs were not as good.



We don't know exactly how much cash Nintendo has because they haven't reported since late July (they will update us again on Monday). That said, some of the estimates on this thread are embarrassingly off.

Nintendo's last report showed that as of June 30th, they had 702 billion yen of cash and 251 billion yen in "short term securities." When investors calculate a firm's cash, they typically add up these two lines, since short term securities can quickly be converted to cash (companies sometimes call ST securities "cash equivalents").

If you use the current 113.7 yen dollar exchange rate, Nintendo had $8.38 billion US dollars in cash/ST securities at June 30th. However, that number is higher now because several months have passed, and also because Nintendo stores much of their cash in US dollars, and the dollar has recently strengthened against the yen.

TLDR:  Nintendo has more than $8 billion USD of cash and equivalents.