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[Mihael Mello Keehl]

Iwata will announce a second straight annual loss tomorrow, losing 18.7 billion yen in the 12 months ended March 31, according to the average of 15 estimates compiled by Bloomberg. For the year started April 1, Nintendo may post operating income of 70 billion-yen, according to the average of 19 estimates -- short of a target he said was a personal “commitment.”

Also:

Also from the article:

"While Nintendo struggles with its main business, a weakening of the yen may give some relief, as it boosts the value of overseas earnings. The Japanese currency has depreciated about 13 percent against the U.S. dollar this year and touched a four-year low of 99.95 on April 11.
That may enable the company to post net income of 14 billion yen tomorrow, the company said in January."

http://mobile.bloomberg.com/news/20...ofit-target-as-wii-u-founders.html?cmpid=yhoo

The 100 billion yen operating income goal is for the fiscal year that just started.

Discuss

 

[Metaroo]

Hot DAMN

 

[Wuthering_Heights]

I for one, am shocked.

 

[outunderthestars]

Ouch.

Time to clean house a bit.

 

[Tucah]

Nintendo bomba

 

[JordanLMiller]

Please understand

 

[Kyoufu]

edit: how much is that in $?

That's "only" about $188 million dollars if you're wondering.

Doesn't seem that bad. Not resignation worthy, surely?

 

[Azure J]

Goddamn.

Blood in the water.

 

[Slayer-33]

God DAYUM

 

[Galang]

Damnnnnnnn

 

[EightBitNate]

Don't worry, guys. That's like 3 bucks in American money.

 

[Road]

That's "only" about $188 million dollars if you're wondering.

 

[A Sentient Keyboard]

Iwata resignation incoming?

 

[zerokoolpsx]

Holy shit, that is a lot. It's about $188.2 million.

 

[Randolph Freelander]

Translate that for me. Is that like 8 dollars? 80 million? 20?

 

[Geek]

Not to downplay the shitty financial performance Nintendo is probably about to announce, but "according to the average of 15 estimates compiled by Bloomberg" is key here.

 

[Wellscha]

Dat strong Yen.

 

[Yawnier]

Fucking ow.

 

[Skyzard]

No wonder there are no games for the Wii U yet, how much did they pay themselves after the Wii..

 

[Meelow]

That's "only" about $188 million dollars if you're wondering.

So nothing really horrible.

Guys Nintendo just released a console, not shocked by this.

 

[VOOK]

I don't think its that bad, considering how shit the Wii U is doing.

 

[rjc571]

Is that $1.8b?!

No, ~$190 million

 

[Blades64]

Hopefully this pushes them to get their act together.

 

[markot]

That's "only" about $188 million dollars if you're wondering.

Yeah, it isnt 'that' much.

 

[ascii42]

edit: how much is that in $?

more like somewhere between $187 million and $200 million, I think.

 

[Hero]

This is what happens when you don't release games.

 

[grimshawish]

Well we knew this was coming based on previous results.

 

[JDSN]

$200,000,00?

Damn son, totally deserved it too. You would think they'd used the last two years of not releasing shit on the Wii to prepare for HD development, but nope.

 

[DragonKnight]

This investor conference will need to be substantial. No wait for e3 bullshit. We all did that last year and got fucked in the ass hard. What the fuck is coming out and when?

 

[Drencrom]

Iwata on suicide resignation watch

 

[Y2Kev]

The era of Big Nintendo is over. ~Iwata clinton

 

[BlazingDarkness]

 

[BorkBork]

Context needed. How much did they lose in Q4?

Edit for perspective: They lost $460 million in fiscal year 2011.

 

[Rösti]

Just to clarify, the earnings release will be distributed on 2013年4月24日（水）(Wednesday, JST). So Tuesday North American time.

 

[Majine]

Anticipating alot of great software from Panic Mode Nintendo.

 

[lobdale]

About 18 million dollars, or roughly 5-10% of what Disney lost on John Carter.

Spoiler

lol

wups lol i read 1.8 billion so roughly exactly what disney lost on john carter

Spoiler

lol ;_;

 

[anaron]

 

[GiantEnemyGoomba]

Hey, that's only half the loss of last year!

 

[Iacobellis]

So much for that 100 billion goal.

 

[Kandinsky]

Fuck yeah, Iwata get out.

Also Reggie.

 

[Solid Samus]

I wonder how much money Sony lost off the PS3 in the same amount of time since launch

 

[tkscz]

edit: how much is that in $?



Doesn't seem that bad. Not resignation worthy, surely?

Yeah it would be. Even though they still brought in 70 billion yen ($704.1 million), they still lost and sadly, a promise is a promise.

 

[JazzmanZ]

So much for that 100 billion goal.

you do realize that goal is for NEXT year right?

 

[Clov]

$188 million loss? That's... painful.

Iwata better get his act together soon. Regardless of the Wii and DS, if he's making the company lose THIS much money, his head will be on the chopping block if he doesn't start bringing in profits.

That's just what I think though, I know nothing about business.

 

[Snowden's Secret]

Is this a larger or smaller loss than last year. That's the context I need before I choose which Iwata meme to use.

Hey, that's only half the loss of last year!

EDIT: So there's my answer. This probably deserves the bananas.

 

[antonz]

This is an estimate from analysts. I would wait for the real deal and considering how stacked the latter half of the year is Nintendo can make some major dollars.

 

[Mihael Mello Keehl]

Just to clarify, the earnings release will be distributed on 2013年4月24日（水）(Wednesday, JST). So Tuesday North American time.

No specific time? When is the meeting though when they talk about future product and changes? Is it the same day?

 

[radrelic]

Yamauchi save us

 

[Y2Kev]

I think it's actually not as bad as their results last year. I think they lost ~$500MM last year?

Interested to see their revenue.

 

[bjb]

Ouch....Wii U...