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Bloomberg: Nintendo to announce 18.7 Billion Yen loss for the fiscal year

If there is a possibility of new announcements being made in relation to this investor meeting (such as games, etc), would they be tomorrow or Wednesday?

1. On Tuesday we will get an "Outlook for fiscal year ending March 31, 2014" summary which may announce major titles that we will see from now until late March 2014.

2. On Wednesday we will get a "Launch of Primary NINTENDO Products by Region (Apr. 2013~) chart which will demonstrate future software lineup by Nintendo.

3. On Wednesday, we will also get presentations / outlines / Q&A with Iwata that he may use to announce / reveal titles.

So really, it's a tossup.
 
he doesn't "need to go" because you don't like the Wii U. he isn't a bad businessman. he's very clever from what i've seen. he put his name on the line because that's the norm over there. it isn't because he has been running the company into the ground the past decade.



dude makes video games for a living. it's an art field. he's doing what he needs to do.



it means they're making tons o video games

I actually own a WiiU and I quite like it despite the the major drought.
 
Wait, you're serious? How can you see that as a problem with his credibility, and how is Miyamoto not being taken seriously? If you only live on GAF I understand, but c'mon :lol.

Because it's childish and doesn't do him any favors when most of the rhetoric being bandied around is centered on how poorly the company is performing under his watch.
 
1. On Tuesday we will get an "Outlook for fiscal year ending March 31, 2014" summary which may announce major titles that we will see from now until late March 2014.

2. On Wednesday we will get a "Launch of Primary NINTENDO Products by Region (Apr. 2013~) chart which will demonstrate future software lineup by Nintendo.

3. On Wednesday, we will also get presentations / outlines / Q&A with Iwata that may use to announce / reveal titles.

So really, it's a tossup.
Thanks. :) So one way or another, new game announcements are likely?
 
I'm guessing the money being vacuumed is a joke but, my god, these guys have no dignity whatsoever.

dream, do you remember the debut of wii music

miyamoto showed up on stage blowing into the ass of a wii remote pretending to play a saxaphone while the bad midi sounds playing better resembled clowns farting than an actual musical instrument
 
1. On Tuesday we will get an "Outlook for fiscal year ending March 31, 2014" summary which may announce major titles that we will see from now until late March 2014.

2. On Wednesday we will get a "Launch of Primary NINTENDO Products by Region (Apr. 2013~) chart which will demonstrate future software lineup by Nintendo.

3. On Wednesday, we will also get presentations / outlines / Q&A with Iwata that may use to announce / reveal titles.

So really, it's a tossup.
Wednesday japan time? Cause that would be like late tomorrow no?
 
He is turning Sony around...

Sony has gotten BETTER under Hirai while Nintendo Iwata has two terrible launches. Kaz wasnt the CEO when the PS3/Vita released. Sorry.

He was the head of Playstation when Vita was developed and released.

I think it's to point out how no one is chomping at the bit and calling for Kaz Hirai's head, despite the fact that Sony's going to post similar losses this year.
I'm all for admitting poor FY results, even if they are better than the year before, but using them to call for Iwata's blood is just ridiculous.

If the two worst years in the history of Nintendo is a ridiculous reason to call for their CEO to be fired, what would be a good reason?
 
Thanks. :) So one way or another, new game announcements are likely?

Low. They may talk about them in vague terms 'new opportunities' or 'upcoming titles with X capabilities' or 'we intend to launch 400 games for Wii U by years end' for example.

EDIT: Wednesday American time, Thursday Japan time.
 
dude makes video games for a living. it's an art field. he's doing what he needs to do.

Right? Heaven forbid a CEO in an industry of entertainment and yes, toys, isn't a monotone drone. The company is devoted to making people happy, goodness gracious. I think the whole industry needs to get over itself and stop trying to be the next Hollywood.
 
what makes you think he needs to go?

He let the Wii drop off a cliff and oversaw two bad launches (though 3DS is doing very well right now). And he keeps on making the same promises not to make the same mistakes and he goes on ahead and makes those same mistakes.
 
Low. They may talk about them in vague terms 'new opportunities' or 'upcoming titles with X capabilities' or 'we intend to launch 400 games for Wii U by years end' for example.
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Tablets taking off. People who don't own one? Poorer. People who would buy Wii U? Poorer. Match-made with them advertising it as a free tablet with your nintendo console.

Super generalizations obviously, but this was my thinking and I think it's quite smart - doesn't help the angry hardcore of course - until they realize how much more convenient off-tv play is, but they weren't a serious consideration for affecting the tech behind the Wii U from what I see, and rightly so really going on their main target demographic (worldwide).

The GamePad is far too poor in quality relative to any tablet worth a damn to be considered worthwhile as an alternative to a tablet. In theory, I can understand where you're coming from and can see the appeal of such a device on a conceptual level. But the GamePad is far too poor in quality in every facet that matters in terms of being remotely comparable to a full-fledged tablet. The screen quality is too poor, the battery life is too terrible, and the range that the thing can stream from the console just doesn't cut it.

Now, sure, many will argue that the comparison is silly anyway since the GamePad isn't a tablet device. And that's true. However, I think the whole concept might fare slightly better if they could have it pass for being a decent tablet-lite device that excelled in gaming software.
 
dream, do you remember the debut of wii music

miyamoto showed up on stage blowing into the ass of a wii remote pretending to play a saxaphone while the bad midi sounds playing better resembled clowns farting than an actual musical instrument

Yeah, see. This is why I don't think Miyamoto expects to be taken seriously. He puts himself in situations like that, and he jumps on stage pretending to be Link every few years. I think it's part of his idiot savant schtick--which is fine because he's not the one running the company.
 
I actually like that Iwata doesn't take himself too seriously. You make electronic toys, live a little. I still can't believe people were mad at notch because he hosted a party...with girls!
 
Absolutely I agree but I don't think you are the target so much, more like reasonably medium to well-off families with children (already have a Wii but don't have a/enough laptops or a tablet). They need a new console, they'd like a tablet but don't really care that much, if it will allow you to surf the internet as well as be an awesome gift for the kids, it should do alright. Nintendo pushed this a bit in the beginning but less and less later on I feel, hopefully they will again with a new Mario or Mario Kart.

Dedicated tablets are much more appealing but not everyone can afford it and eventually the time will come when the Wii U will be the main wanted gift and having a tablet included will help make the sale ... [over a 3DS!]. They will never be able to market a tablet to kids like Nintendo can with the Wii U. Nagging leads to sales.
Ah, I made the mistake of assuming that they were after gamers since they talked about getting lots of third party support and being all about the "core".
 
Because it's childish and doesn't do him any favors when most of the rhetoric being bandied around is centered on how poorly the company is performing under his watch.

So it would be okay if the company was performing well? It sounds like you just don't like fun.
 
The GamePad is far too poor in quality relative to any tablet worth a damn to be considered worthwhile as an alternative to a tablet. In theory, I can understand where you're coming from and can see the appeal of such a device on a conceptual level. But the GamePad is far too poor in quality in every facet that matters in terms of being remotely comparable to a full-fledged tablet. The screen quality is too poor, the batter life is too terrible, and the range that the thing can stream from the console just doesn't cut it.

Now, sure, many will argue that the comparison is silly anyway since the GamePad isn't a tablet device. And that's true. However, I think the whole concept might fare slightly better if they could have it pass for being a decent tablet-lite device that excelled in gaming software.

I think they are hoping the people they are targeting (young families) won't have the budget/tech savvy to mind, or won't know until it's too late :P

Ah, I made the mistake of assuming that they were after gamers since they talked about getting lots of third party support and being all about the "core".

Understandable :( ZombiU and CoD aren't really traditional Nintendo games though so I guess they did try somewhat.
 
I actually like that Iwata doesn't take himself too seriously. You make electronic toys, live a little. I still can't believe people were mad at notch because he hosted a party...with girls!

I agree. For all the bitching we seem to do about the industry being run by dull, gray suits, this should be a refreshing sight. Hell, its not like the man walks around the building dressed like that.

What a ridiculous complaint dream is making.
 
That would be unbelievably stupid considering the declining console market in Japan.

That's the paradox of modern Japanese console game design. They're based in Japan, they grew up and live there, it's what they know, and most of the press they read and 99% of all the people the know and will ever meet are Japanese, so of course they're going to focus on the Japanese market. However, the domestic market is too small to fund large game companies, so they need success overseas in order to survive. However, tastes in Japan and the West have diverged significantly enough this gen where making products that satisfy both markets is extremely difficult. Ignoring Japan and focusing on the West doesn't seem to work (Capcom says hi!) and doing the opposite leads to games with small budgets that either don't get exported out of Japan (hello Type-0) or need to be released at an inflated price to make a profit (SMT IV).

After the Wii Nintendo thought it could do both by themselves, but the market has proved them very, very wrong. They need outside help, especially in the West, but so far we've seen no indication of them getting that. Unless they get some major support in the West the Wii U is going to constantly struggle, and unfortunately it doesn't look like that's going to happen any time soon.
 
You know who Iwata reminds me of? Joe Dumars. Hear me out.

Much like the 04 and 05 pistons, iwata creates two unlikely juggernauts that crush their competition out of nowhere. The entire league/industry is blindsided.

For six straight years, Nintendo dominates, paralelling the Pistons' 6 straight ECF appearances.

When the current generation gets old, Iwata has a bizarre plan to smoothly transition its dominance; the reliance on 3D and the gamepad parallels Dumars' hypothesis that combo-positions ala ben gordon rodney stuckey charlie villaneuva etc are the futurwbpf the NBA.

Much like Dumars, Iwata was wrong. But because of the sheer audacity of choices that lead to unprecedented success before, they get a pass from their organizations far longer than lesser men would have gotten.

so was moneyhatting bayonetta 2 the equivalent of drafting brandon knight
 
What they have the actual meeting the day after?

April 24th (April 23rd in USA):

1. FY 2013 (April 1st, 2012 - March 31st, 2013) earnings release



April 25th (April 24th in USA)

1. Supplementary information about FY earnings release
2. Briefing by Iwata and others
3. Outline by Iwata
4. Published Q&A between Iwata and Investors
 
Nintendo's logic is quite simple; they produce their own systems because their software will sell better to its target audience (Skyzard is right its budget families) with a cheaper priced console.

They've struggled recently to price it correctly and to get software out to sell them on.
Their key strategy is their key problem.

However it is still a strong strategy, they just need to meet it better.
Nintendo releasing an expensive console really is pointless unless it honestly does something new.

The WiiU is more about the gamepad, the console is built to bring current Ninty games to High Definition resolutions. Thats all there is to it. I don't know why they or anyone pretends this is not exactly what is going on.
 
he doesn't "need to go" because you don't like the Wii U. he isn't a bad businessman

Fine. He's a poor manager. There is zero excuse for such a weak output of software in a platform's first six months. The teams that he is ultimately responsible for could not deliver on time, and thus the new platform that should be carrying some momentum from the Wii has next to nothing ready from internal teams.

Then we look at the continued weakening of third-party relations. Again, Iwata is ultimately responsible.

Iwata is also ultimately responsible for sales of his hardware in all territories. The 3DS had been down YOY for 8 straight months here in the US before barely breaking into the positive in March. This trend in only the platform's second year. Why? Where have the games been? That's on him.

Iwata bears responsibility. Is it fireable? That's debatable. I can live with him staying, but I do believe that his lack of management skill is evident.
 
So it would be okay if the company was performing well? It sounds like you just don't like fun.

Success makes it easier to ignore the lack of professionalism. In contrast, struggling magnifies what a buffoon he looks like wearing a Luigi hat as his sidekick vacuums imaginary...things.
 
Yeah, see. This is why I don't think Miyamoto expects to be taken seriously. He puts himself in situations like that, and he jumps on stage pretending to be Link every few years. I think it's part of his idiot savant schtick--which is fine because he's not the one running the company.

Iwata is doing it for the fans, I bet you he busts balls in private and calls Miyamoto every name in the book and designates Reggie to the basement of the NOA headquarters forced to listen to Martinet cut voiceovers for half of the day if he fucks up.
 
if the Wii U matched up with the PS4 spec for spec...would it have change anything over the last 6 months? (no)
I don't think they needed to go PS4 levels but a machine obviously more advanced than current gen would have helped. Helped them market it. Helped third parties see something 'bigger, better, faster'. Shown them Nintendo still wanted to go after core gamers. Got the press excited a bit. Overall they could have had a much better level of support and mindshare had they just spent some money on core tech, even if it meant dropping BC and taking on a different architecture.
 
He let the Wii drop off a cliff and oversaw two bad launches (though 3DS is doing very well right now). And he keeps on making the same promises not to make the same mistakes and he goes on ahead and makes those same mistakes.

Wii was on the market way past it's expiration date as it was. It sucks that you feel burned but that thing had to go.
 
Success makes it easier to ignore the lack of professionalism. In contrast, struggling magnifies what a buffoon he looks like wearing a Luigi hat as his sidekick vacuums imaginary...things.

Give it a rest, he's directly communicating with the fanbase via a livestream.

He's not going to show up at the investor's meeting like that, lucky for you.
 
April 24th (April 23rd in USA):

1. FY 2013 (April 1st, 2012 - March 31st, 2013) earnings release



April 25th (April 24th in USA)

1. Supplementary information about FY earnings release
2. Briefing by Iwata and others
3. Outline by Iwata
4. Published Q&A between Iwata and Investors
Ok..I see. Still though what time on 24th USA? Or what time around?
 
The WiiU is more about the gamepad, the console is built to bring current Ninty games to High Definition resolutions. Thats all there is to it. I don't know why they or anyone pretends this is not exactly what is going on.

I don't think anyone is necessarily missing that point. People aren't pretending anything contrary to what you are suggesting is occurring. What people are observing is that this strategy is currently not working at all, and the path to recovery -- outside of a belief that strong first party software will invariably turn this ship around -- seems very distant and perhaps unattainable given the terrible, terrible launch it's experiencing right now.
 
so was moneyhatting bayonetta 2 the equivalent of drafting brandon knight

Oh my god

Edit: Nintendo probably could have dramatically increased their 3rd party support if the Wii and Wii U were 1.5-2x as powerful. They wouldn't be as strong as the competition, but close enough to a tweener system that people wouldn't treat it like a last gen port box.
 
I suppose I'm way late but their revised forecast in January said they expect to lose 20 billion so the actual news is they might do better than previously thought.
 
Fine. He's a poor manager. There is zero excuse for such a weak output of software in a platform's first six months. The teams that he is ultimately responsible for could not deliver on time, and thus the new platform that should be carrying some momentum from the Wii has next to nothing ready from internal teams.

Then we look at the continued weakening of third-party relations. Again, Iwata is ultimately responsible.

Iwata is also ultimately responsible for sales of his hardware in all territories. The 3DS had been down YOY for 8 straight months here in the US before barely breaking into the positive in March. This trend in only the platform's second year. Why? Where have the games been? That's on him.

Iwata bears responsibility. Is it fireable? That's debatable. I can live with him staying, but I do believe that his lack of management skill is evident.

Nintendo does not need third-party relations if they can sell the platform on their own merits. Wii was not a failure in the eyes of investors because the fans didn't get their Assassin's Creed. The console made dough because consumers purchased Nintendo games. By itself, that is not a bad business move.

Wii U having a six month drought is the only thing I can find to mark it for, and even we won't know if that was a true failure until we see what happens this holiday. Maybe it is smart to keep your major titles to hit in quick succession during the release of a competitors console. It certainly seems like a good choice to me, despite upsetting early adopters (including me). That's what I thought they were doing to begin with.

3DS no games? lol
 
I'm guessing the money being vacuumed is a joke but, my god, these guys have no dignity whatsoever.

You realize the money part of it was added in the gif, yes?

Even if you do, there's no problem with a game company having a little fun.
 
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