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[Aquamarine]

So for anyone still even slightly confused about this:



These are Nintendo's projections potentially determining Iwata's "retirement" if his commitment doesn't fall through:

1. One hundred billion JPY ($1.068 billion) in operating income (not net income)

2. This one hundred billion JPY will be reflected in the financial report at the end of FY 2014 (for the period from April 1st, 2013 - March 31st, 2014), reported to shareholders ~late April 2014.

3. Changes in the foreign (Dollar, Euro) exchange rate may modify this commitment.




Nintendo has forecasted the following for tomorrow's FY release:

670,000 million JPY ($6.746 billion) profit in net sales

20,000 million JPY ($201.36 million) loss in operating income

20,000 million JPY ($201.36 million) profit in ordinary income

14,000 million JPY ($140.952 million) profit in net income




So Bloomberg is reporting that Nintendo will MEET their thrice-revised FY projections.

Meeting projections = crucial. While it implies a severe lack of momentum, I don't predict that the FY release will impact Nintendo as much as you guys think.

Now, it's up to Iwata to sell shareholders / investors on the future of Nintendo, through Q&As, product roadmaps, and presentations.

He has until March 31st, 2014 to make a 100 billion JPY in operating profit.

Bloomberg, among other analysts currently watching Nintendo, is predicting that Nintendo will fail at this, and only make 70 billion JPY in operating profit.

 

[hachi]

Everything devolved in to being based around gimmicks rather than improving the core experience. When Nintendo ignore gimmicks (Mario Galaxy) they still make fantastic games, when they feel the need to tack things on to justify the gimmick at the time (Skyward Sword) it's directly negatively impacting the quality of games I want to enjoy.

Not to mention it's under his watch Nintendo have completely failed to remain relevant in the online area. Don't get me started on their digital distribution policies.

Such nonsense.

It's a toy company, and toys are all that gaming amounts to at the end of the day. "Gimmick" is a confused concept in your usage, and denotes a successful innovation or unique hook where toys are concerned: in other words, the most fundamental part of good design.

The Wii brought Nintendo back into nearly every family's living room. It was one of the greatest things to happen in the company's history, possibly coming in second after the initial worldwide hit of the NES.

Their problems have nothing to do with getting back to core-gamer basics. It's just that their latest inventions have hit a very saturated market and have failed to hook the average consumer. But there--in the average consumer, never the core gamer--is where the problem lies, and where they should continue to devote their efforts.

 

[frankie_baby]

So when does Iwata get the boot? I want to see some changes.

he doesn't, his statement was based on a target for april next year

 

[mentalfloss]

Everything devolved in to being based around gimmicks rather than improving the core experience. When Nintendo ignore gimmicks (Mario Galaxy) they still make fantastic games, when they feel the need to tack things on to justify the gimmick at the time (Skyward Sword) it's directly negatively impacting the quality of games I want to enjoy.

Not to mention it's under his watch Nintendo have completely failed to remain relevant in the online area. Don't get me started on their digital distribution policies.

You may have a point with online, but that's much better now with eShop and miiverse.

I don't really see any merit in the rest of your post.

 

[StreetsAhead]

pokemon sells 14m units
mario & luigi sells 4m units
animal crossing sells 5m units
zelda sells 4m units
yoshi sells 3m units
mario golf sells 2m units

at $34.99 a game, that gets them to $1.1b in revenue. say they take 50% of every game sold, that's $550m

on the wii u side:

mario wii u sells 4m
mario kart sells 5m
zelda wwhd sells 2m
pikmin sells 1m

at $60 a game, that's about about $720m in revenue. if they take a similar amount. $360m for the year from those console games. they're still $90m short of the goal, but that can be made up with other stuff.

the problem is, this is an extremely optimistic view. fuck, there aren't even 3m wii us sold to customers, and to do it, they're going to need to spend some money marketing. i really don't see how they do it.

Gaps would be filled with stuff like Tomodachi Collection, Band Bros., Game & Wario, TW101, digital games sales and on-going sales of already released games.

Well on the executive front absolutely. But on the creative side, it is a different story. The majority of producers are about 40-50 years old. But Nintendo has created a system where 60 year olds hover above those producers. Basically no Kojima or Suda or Ueda is fully possible at Nintendo until they fully pass the reigns over. Sakurai is the one exception because he works as a contracted employee.

I think you're right. I think there are some very creative people at EAD and SDP who could create some really cool things if given more free reign. I don't disagree with everything Miyamoto says, but I think he could stand to be more open and the producers/directors could do more to stand by their ideas/games.

 

[Brinbe]

bahaha, so fucked

 

[Skyzard]

Theortical Question,

If Iwata wasn't running Nintendo the Wii U would of been a more powerful console?

Answer,

?????

I'd say it's more likely as they would have been more likely to consider the Wii as a fad.

I don't particularly want to see Iwata go, I imagine it would have been hard for anyone and don't really know what more they could have done. I don't think the Wii U would have been better off more powerful either.

 

[serplux]

Give me a break. These are videogames, not cancer research. I don't owe the ceo of a multibillion dolla company any more respect than some random guy off the street.

And yet you're angry as hell that he has ruined Nintendo, a video game company. Come on.

 

[metalslimer]

Which argument exactly? I couldn't give two shits if he goes or stays.

You certainly seem to be aghast that people are criticising him though.

And yet you're angry as hell that he has ruined Nintendo. Come on.

When did i say he ruined Nintendo? Dont confuse my arguments for Daves shitty ones. He did great with th wii and ds and currently just seem to be a bad fit for the current market

 

[nckillthegrimace]

Sure thing.

Glad we agree. It's patently obvious that the dungeons in TP and SS are much more complex than those in LttP, so there's really nothing to argue about. Since puzzles and dungeons are the core of Zelda, I don't see how you can say that LttP is difficult because the puzzles are all so rudimentary.

 

[TheNatural]

Why does anyone even care about iwata? Talk about tears of impotent rage. If you are reveling in Nintendo's suckitude, shouldn't you want Iwata to stay so Nintendo continues to suck? Iwata has presided over like the first losses in Nintendo's history. I say promote him!

I think most people don't want Nintendo to suck just to suck, they want them to suck so there's change. Iwata getting the axe would be change.

Old man Yamauichi still calls the shots as the biggest shareholder. If he blows a gasket over the numbers tomorrow, Iwata may be on his way out.

 

[lwilliams3]

“Nintendo can achieve the target if it can release the game softwares as planned,” said Yasuda at Ace Securities.

That's what needs to be done. The 3ds software will help them, but Nintendo needs to boost their console game output.

 

[Salsa]

well kinda expected, no wonder they're bringing out the big guns

 

[schuelma]

Shouldn't we wait on the burial until we get the real results?

 

[RedSwirl]

That's less than they lost last year right?

 

[Snowden's Secret]

pokemon sells 14m units
mario & luigi sells 4m units
animal crossing sells 5m units
zelda sells 4m units
yoshi sells 3m units
mario golf sells 2m units

at $34.99 a game, that gets them to $1.1b in revenue. say they take 50% of every game sold, that's $550m

on the wii u side:

mario wii u sells 4m
mario kart sells 5m
zelda wwhd sells 2m
pikmin sells 1m

at $60 a game, that's about about $720m in revenue. if they take a similar amount. $360m for the year from those console games. they're still $90m short of the goal, but that can be made up with other stuff.

the problem is, this is an extremely optimistic view. fuck, there aren't even 3m wii us sold to customers, and to do it, they're going to need to spend some money marketing. i really don't see how they do it.

Convert your numbers into yen and you're way over the 100b, no?

 

[Scum]

Why does anyone even care about iwata? Talk about tears of impotent rage. If you are reveling in Nintendo's suckitude, shouldn't you want Iwata to stay so Nintendo continues to suck? Iwata has presided over like the first losses in Nintendo's history. I say promote him!

You're going to have you work cut out for you if Iwata is still around for many years to come! lool

 

[Thoraxes]

Of course not that goes towards the point I was making. They cancelled the VB 15 years ago (?) because even cancelling it wouldn't be that terrible going forward. It was an embarrassment but it wouldn't cripple the company like cancelling the Wii U potentially would. Nintendo is in a worse spot then they have been in years and years.

This isn't even the same situation as the GC was in because at that time it was only Nintendo, Microsoft, and Sony. You have many more companies that are trying to compete for them entertainment dollars. Nintendo is also at a disadvantage because the company isn't use to working in HD engines for HD games. The Wii U lacks certain OS features. The account system is lacking.

The 3DS is selling much better but it's not doing well in the U.S. and Europe last I saw. Nintendo is in a worse spot than they have been in a very long time and THAT was the point I was making. Though I do expect going forward the Wii U will improve significantly.

I see your points, but I really do think 5 months is too short a time to try and draw any long-term sales conclusions, and then give specific reasons why when all we know is how it relates to gamers and not the mass market.

 

[StreetsAhead]

“Nintendo can achieve the target if it can release the game softwares as planned,” said Yasuda at Ace Securities.

That's what needs to be done. The 3ds software will help them, but Nintendo needs to boost their console game output.

If Iwata does anything this year, it should be to tell Miyamoto to stop fucking around. No more delays. Games get released on time.

 

[axisofweevils]

So for anyone still even slightly confused about this:
Nintendo has forecasted the following for tomorrow's FY release:

670,000 million ($6.746 billion) JPY profit in net sales

20,000 million ($201.36 million) JPY loss in operating income

20,000 million ($201.36 million) JPY profit in ordinary income

14,000 million ($140.952 million) JPY profit in net income


So Bloomberg is reporting that Nintendo will MEET their thrice-revised FY projections.

Meeting projections = crucial. While it implies a severe lack of momentum, I don't predict that the FY release will impact Nintendo as much as you guys think.

Now, it's up to Iwata to sell shareholders / investors on the future of Nintendo, through Q&As, product roadmaps, and presentations.

He has until March 31st, 2014 to make a 100 billion JPY in operating profit.

Bloomberg, among other analysts currently watching Nintendo, is predicting that Nintendo will fail at this, and only make 70 billion JPY in operating profit.

Thanks for this. Should be added to the OP.

 

[shinra-bansho]

You also can't make up people getting into a frothing rage over a Video Game CEO as if he went back in time and raped them in their childhood.

...

Where can I see this?

I see plenty of misplaced affection towards the CEO of a video game company on a regular basis, I've seen relatively dispassionate analysis of Iwata's failures, I've also seen typical unwarranted animosity by a few individuals as well. But I don't think I've seen anything on the level of the stated hyperbole.

 

[wsippel]

So when does Iwata get the boot? I want to see some changes.

My guess: Not anytime soon. Ask again a year from now. Not that you would immediately see any significant changes either way...

 

[Naked Prime]

removing Iwata, scrapping the Wii U, etc wouldn't fix thing...so I fail to see any real reasoning to genuinely want him gone. If people didn't like the Wii because motion controls were a gimmick the 100 millions people that bought them, Move & Kinect designers and publishers that banked rolled PS360 games with budget Wii game sales might tend to disagree.

 

[Pikma]

pokemon sells 14m units
mario & luigi sells 4m units
animal crossing sells 5m units
zelda sells 4m units
yoshi sells 3m units
mario golf sells 2m units

at $34.99 a game, that gets them to $1.1b in revenue. say they take 50% of every game sold, that's $550m

on the wii u side:

mario wii u sells 4m
mario kart sells 5m
zelda wwhd sells 2m
pikmin sells 1m

at $60 a game, that's about about $720m in revenue. if they take a similar amount. $360m for the year from those console games. they're still $90m short of the goal, but that can be made up with other stuff.

the problem is, this is an extremely optimistic view. fuck, there aren't even 3m wii us sold to customers, and to do it, they're going to need to spend some money marketing. i really don't see how they do it.

Well, you forgot a projection:

Earthbound sells 7824873m units

Moves 200 Wii U consoles.

Spoiler

Gotta thank those EB fans

 

[LeleSocho]

"I want Nintendo to do well, that's why I wish they have a really shitty fiscal year, just so they can recover"

Makes sense.

I don't care what they are doing financially, i care on what they give me hardware and software wise. Funnily enough the moment i most enjoyed from their products were the moments they were doing "bad" financially.
From what i care they only need to achieve enough to stay afloat.

 

[peanutbutterlatte]

When did i say he ruined Nintendo? Dont confuse my arguments for Daves shitty ones. He did great with th wii and ds and currently just seem to be a bad fit for the current market

The whole cancer research comment was really stupid. You can't go on a board like this then try and criticize people for getting a little dramatic or passionate even. Of course it's trivial. This all is, when you take things to that sort of ridiculous strawman level.

 

[Jinfash]

pokemon sells 14m units
mario & luigi sells 4m units
animal crossing sells 5m units
zelda sells 4m units
yoshi sells 3m units
mario golf sells 2m units

at $34.99 a game, that gets them to $1.1b in revenue. say they take 50% of every game sold, that's $550m

on the wii u side:

mario wii u sells 4m
mario kart sells 5m
zelda wwhd sells 2m
pikmin sells 1m

at $60 a game, that's about about $720m in revenue. if they take a similar amount. $360m for the year from those console games. they're still $90m short of the goal, but that can be made up with other stuff.

the problem is, this is an extremely optimistic view. fuck, there aren't even 3m wii us sold to customers, and to do it, they're going to need to spend some money marketing. i really don't see how they do it.

Even with my most optimistic scenario being slightly higher, it's just as difficult. Especially when we're only accounting for revenues!

What are the chances of him working pro bono for the entire year?!

 

[Petrae]

It's beating the DS in the same timeframe, how is that lethargic?

That will end this month as DS vaults ahead, and over the last 9 months in the US, only one month has seen growth year over year: March, and it was by a mere 1%. Not exactly a ringing endorsement of success.

 

[metalslimer]

...

Where can I see this?

Apparently being critical amounts to being in some red maniacal rage.

The whole cancer research comment was really stupid. You can't go on a board like this then try and criticize people for getting a little dramatic or passionate even. Of course it's trivial. This all is, when you take things to that sort of ridiculous strawman level.

I never criticized anyone for being passionate. I said some ceo of a video game company did not deserve my respect. Respect is a strong word for me and i dont throw it out for many people.

 

[grimshawish]

...

Where can I see this?

http://www.neogaf.com/forum/showthread.php?t=544560

 

[Instro]

Theortical Question,

If Iwata wasn't running Nintendo the Wii U would of been a more powerful console?

Answer,

?????

Their current direction is a product of multiple people within Nintendo so I don't think that would be the case.

 

[ClovingWestbrook]

I see your points, but I really do think 5 months is too short a time to try and draw any long-term sales conclusions, and then give specific reasons why when all we know is how it relates to gamers and not the mass market.

I definitely am more bullish for Nintendo going into E3 and the rest of the year but right now the company is in a precarious position. Again, having a couple Mario IP's, a Zelda, and any other surprises will definitely help but Nintendo in reality has squandered six crucial months when they should have been capitalizing BIG time on the Wii U being the sole 'next gen' console.

 

[Hero]

So many people can't read or jump to conclusions. While it is possible Iwata could get the boot tomorrow it's unlikely and going by his own statement he has until next year to make up for it.

I hope he stays just to piss you guys off more.

 

[Deleted member 17706]

It's beating the DS in the same timeframe, how is that lethargic?

*rabble rabble* smartphones tablets mobile social free-to-play *rabble rabble*

 

[Shikamaru Ninja]

I would still find it amazing for 3D Mario or Mario Kart to make it this Fall. I'm sure Nintendo has some type of emergency plan for one of them this Holiday season. But I'm very interested in seeing how they make this deadline on a big budget HD entry to a mammoth intellectual property.

Nintendo has to be delaying Wii Fit Plus for dear life, because it would be sent out to die right now. Unfortunately, with Game & Wario, Pikmin 3, and The Wonderful 101. I see three straight bombs. Well Pikmin should do ok. Maybe. Not a million seller by any means.

 

[javac]

You certainly seem to be aghast that people are criticising him though.

Not really, I kinda feel people are pouring too much emotion in this, that goes for both sides. I mean people can talk about what they want and yeah some people are emotionally attached to this stuff and that's fine, we grew up with video games but this seems futile. Just an excuse to sling mud either way.

 

[serplux]

When did i say he ruined Nintendo? Dont confuse my arguments for Daves shitty ones. He did great with th wii and ds and currently just seem to be a bad fit for the current market

Alright then, that's fine. I like ya metalslimer, and I enjoy having these conversations, even though they piss me off sometimes.

 

[Scum]

So many people can't read or jump to conclusions. While it is possible Iwata could get the boot tomorrow it's unlikely and going by his own statement he has until next year to make up for it.

I hope he stays just to piss you guys off more.

Me too.

 

[ClovingWestbrook]

So many people can't read or jump to conclusions. While it is possible Iwata could get the boot tomorrow it's unlikely and going by his own statement he has until next year to make up for it.

I hope he stays just to piss you guys off more.

Well at least we know you're priorities are in order.

 

[Kimawolf]

Their current direction is a product of multiple people within Nintendo so I don't think that would be the case.

They just need young blood. I think Iwata with a young group of management and a wild and free NOA would run wild.

 

[AniHawk]

Apparently being critical amounts to being in some red maniacal rage.

calm down

 

[Kazuma Kiryu]

You also can't make up people getting into a frothing rage over a Video Game CEO as if he went back in time and raped them in their childhood.

are people really raging about it? My guess is that this recent iwata discussion has been fueled by the appaling wiiU fiasco. can't say i'm surprised how it turned out.
but that's just me, i don't care if he stays or leaves.

 

[PaulExcellent]

I hope he stays.
He's awesome.

 

[Tookay]

removing Iwata, scrapping the Wii U, etc wouldn't fix thing...so I fail to see any real reasoning to genuinely want him gone. If people didn't like the Wii because motion controls were a gimmick the 100 millions people that bought them, Move & Kinect designers and publishers that banked rolled PS360 games with budget Wii game sales might tend to disagree.

It wouldn't fix anything currently, true.

But some are of the thought that it could change things long-term, for their future consoles/output.

 

[digoutyoursoul]

So many people can't read or jump to conclusions. While it is possible Iwata could get the boot tomorrow it's unlikely and going by his own statement he has until next year to make up for it.

I hope he stays just to piss you guys off more.

Won't piss me off, I just vote with my wallet.

 

[StreetsAhead]

I would still find it amazing for 3D Mario or Mario Kart to make it this Fall. I'm sure Nintendo has some type of emergency plan for one of them this Holiday season. But I'm very interested in seeing how they make this deadline on a big budget HD entry to a mammoth intellectual property.

Nintendo has to be delaying Wii Fit Plus for dear life, because it would be sent out to die right now. Unfortunately, with Game & Wario, Pikmin 3, and The Wonderful 101. I see three straight bombs. Well Pikmin should do ok. Maybe. Not a million seller by any means.

Pikmin is the one game that might do OK right now. Wii Fit was rated in Australia back in January...the game is done, they just can't afford to release it now. Christmas/holiday is a much better time.

I agree that to get Mario or Kart out by Christmas would require a small miracle.

 

[Schnozberry]

...

Where can I see this?

I see plenty of misplaced affection towards the CEO of a video game company on a regular basis, I've seen relatively dispassionate analysis of Iwata's failures, I've also seen typical unwarranted animosity by a few individuals as well. But I don't think I've seen anything on the level of the stated hyperbole.

I'd have to dig through the thread where he mentioned resignation, but people implied without irony that they would not cry if he committed seppuku.

 

[Pappasman]

So for anyone still even slightly confused about this:

These are Nintendo's projections potentially determining Iwata's "retirement" if his commitment doesn't fall through:

1. One hundred billion JPY ($1.068 billion) in operating income (not net income)

2. This one hundred billion JPY will be reflected in the financial report at the end of FY 2014 (for the period from April 1st, 2013 - March 31st, 2014), reported to shareholders ~late April 2014.

3. Changes in the foreign (Dollar, Euro) exchange rate may modify this commitment.

Nintendo has forecasted the following for tomorrow's FY release:

670,000 million JPY ($6.746 billion) profit in net sales

20,000 million JPY ($201.36 million) loss in operating income

20,000 million JPY ($201.36 million) profit in ordinary income

14,000 million JPY ($140.952 million) profit in net income

So Bloomberg is reporting that Nintendo will MEET their thrice-revised FY projections.

Meeting projections = crucial. While it implies a severe lack of momentum, I don't predict that the FY release will impact Nintendo as much as you guys think.

Now, it's up to Iwata to sell shareholders / investors on the future of Nintendo, through Q&As, product roadmaps, and presentations.

He has until March 31st, 2014 to make a 100 billion JPY in operating profit.

Bloomberg, among other analysts currently watching Nintendo, is predicting that Nintendo will fail at this, and only make 70 billion JPY in operating profit.

So they're meeting their goals? Why is everyone in this thread acting like iwata is already dead?

 

[Hero]

Well at least we know you're priorities are in order.

What priorities? I don't have any Nintendo stock, if Iwata runs Nintendo in the ground it doesn't effect me.

 

[scitek]

Selling at a loss was a bad idea, Nintendo should've just slapped their name on the Ouya.