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Forums - Sales - Japan Game Makers earnings preview

TOKYO, April 24 (Reuters) - Following are consensus estimates for net profit at major Japanese electronics for the last and current financial year, as well as the companies' own estimates for the past financial year.

Figures are in billions of yen. Numbers in parentheses next to the company names show the number of analysts' polled by Thomson Reuters.

Numbers in parentheses next to figures are percentage changes from a year earlier.

The percentage change for the 2009/10 consensus is based on the 2008/09 consensus.

                                    2008/09          2008/09          2009/10
                            (Consensus)       (company)        (consensus)
   

NINTENDO(24)     243.3(-5 pct)    230.0(-11 pct)   329.0(+35 pct)
SONY(19)              -175.3              -150.0                  -109.6

* Slow demand hampering recovery at Sony

* Another strong year for Nintendo as games sell well

TOKYO, April 24 (Reuters) - Sony Corp (6758.T) and other top Japanese electronics firms are likely to forecast smaller losses when they report annual results in the coming weeks, thanks to job cuts, plant closures and other cost-saving steps.

But game maker Nintendo Co Ltd (7974.OS) is expected to predict a record profit on the successful overseas debut this month of a new DS handheld player and a strong lineup of upcoming software titles including "Wii Sports Resort."

Sony is all set to report billions of dollars in net losses after the global financial crisis hit demand and precipitated price declines.

Sony's TV operations are likely to remain in the red despite efforts to cut production costs, while profit margins at its cash cow digital camera business will shrink amid heightened competition in a crowded market, analysts said

Unlike other consumer electronics makers, Nintendo will likely continue to defy the global downturn with stellar sales of its game machines, analysts said.

"I expect higher sales this year for both the DS and the Wii. The new DS was off to a strong start in the United States as well as Europe," said Okasan Securities analyst Masashi Morita.

"The Wii console has some more room to grow in Europe, where its penetration rates are not that high yet."

STRONG GAMES

Nintendo President Satoru Iwata said this month that the latest model of the DS, the DSi, sold 300,000 units each in North America and Europe in the first two days of sales.

He said the Wii has lost some steam in Japan, but that the company aims to rekindle demand by launching promising titles.

http://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUST3905320090424

http://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUST22505420090424?pageNumber=1&virtualBrandChannel=0

Edited from the above two links to exclude non game related information...



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It will be good to see the official numbers.

Nice that Sony is predicted to lose less this time!



I want to see the SCE numbers



I think Sony's future as a portable electronics maker could be in some jeporday (cell phones, music players). Apple is taking them to school. 

The Walkman brand is effectively a dead duck. 



Apple isn't on that list. V_V Jees.

Sony is making a nice recovery though.

Nintendo has a amazingly strong presence here.



I'm Unamerica and you can too.

The Official Huge Monster Hunter Thread: 



The Hunt Begins 4/20/2010 =D

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Billions of dollars in losses is not what I would call a "nice recovery". 



Somewhere they earned dropped 41 billion in losses, that is a recovery.

They aren't throwing the water in cups they are irrigating the stuff out of their sinking boat and seems like they are filling the holes of their sinking ship.

I guess they should over charge for an under performing piece of hardware at that price. =P



I'm Unamerica and you can too.

The Official Huge Monster Hunter Thread: 



The Hunt Begins 4/20/2010 =D

Sony hardware, whether its game consoles, TVs, cell phones, or music players is no longer a market leader in any category. They have fallen a lot since the 90s/early 2000s as a whole. 



All the OP shows is that they've been recovering within the last 3 years. You just seem to want to play move the goal posts.

Either stick to the context of the thread or don't argue.

There is no discussion here about market leader and you'd be fishing if you refer to the line about a "crowded market".



I'm Unamerica and you can too.

The Official Huge Monster Hunter Thread: 



The Hunt Begins 4/20/2010 =D