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[zomgbbqftw]

Their cash was used to buy future inventory. They also have 7 billion in real estate that can be sold and no debt. They aren't in bad shape.

Really?

"Property, plant and equipment 86,588"


86bn yen is around $900m. It's not the same as Sony who really do have a vast property empire they can sell if need be. Even taking this figure as a written down book value, I don't see how one could get it up to $7bn worth of property alone.

 

[jcm]

Really?

http://www.hoovers.com/company-info...nancial.Nintendo_Co_Ltd.30448ece704bc9b7.html

I see 5.61 billion USD in cash? Down from 9.8...

If you look at their earnings report, you can see the short term securities, which is treated the same as cash.

¥947B, which is about $9.5B at today's rates.

 

[AirBrian]

You just can't look at the bottom line and expect to know the whole picture. There are so many other factors to consider here. FX will play a major role. It sounds like profits will be up from last year, but what does revenue look like? If they're deleveraging at a higher rate than typical margins, then you have to look at their cost structure. They may not be sized right for their operations, they may have taken a big loss on some unususual or extraordinary items (translation/transaction costs, etc.). My point is until you see the full P&L and balance sheet compared to last year, guessing "doom/gloom 3rd party" or "yay, up from last year!" is quite pointless.

 

[Celine]

The WiiU is most likely going to be the last Nintendo home-console, because why invest in a platform thats continually shrinking and third parties deem absolutely poisonous to their interests and will not even glance at post WiiU?

Because that's their job and if they makes enough money they will continue to do it.
If they fail, they will try again.
That's what the high cashflow is for, to guarantee stability and permit to take risks like the Wii was.

"most likely going to be the last Nintendo home-console"
*roll-eyes*

 

[Dark Octave]

When they say that this is the last gen for consoles, they may be talking about Nintendo.

 

[73V3N]

When they say that this is the last gen for consoles, they may be talking about Nintendo.

Joke post?
joke post.

 

[-MB-]

When they say that this is the last gen for consoles, they may be talking about Nintendo.

Try harder.

 

[Pie and Beans]

"most likely going to be the last Nintendo home-console"
*roll-eyes*

So are you rolling your eyes at me, or Iwata who agreed with me that they shouldnt bother if they can't outsell Gamecube? An achievement the WiiU is fulfilling as if it were scripture.

 

[Conor 419]

It's.not.even.been.six.months.

 

[Celine]

So are you rolling your eyes at me, or Iwata who agreed with me that they shouldnt bother if they can't outsell Gamecube? An achievement the WiiU is fulfilling as if it were scripture.

At you.

When WiiU sells less than total GC and Nintendo won't release a new home system then we will talk again.

 

[Cheebo]

It's.not.even.been.six.months.

Nintendo was having major issues last year as well and had a loss then too.

 

[Pyrokai]

So are you rolling your eyes at me, or Iwata who agreed with me that they shouldnt bother if they can't outsell Gamecube? An achievement the WiiU is fulfilling as if it were scripture.

What constantly amazes me is that if there is ONE industry that is unpredictable, it's the video game industry. The Wii U could turn itself around overnight with one proper game, Microsoft could fold its Xbox division, whatever. We have no idea what can change the tides and shift momentum. Are the signs there? Not really, no. Not yet, at least. The Wii U will be on the market for 5-6 years. Anything could happen in the time.

Am I the only one that thinks this? Most console cycles never play out the way anyone predicts.

 

[Daingurse]

At you.

When WiiU sells less than total GC and Nintendo won't release a new home system we will talk again.

The Wii-U is tracking below GC currently. What kind of title would you say needs to come out to change this? I can't think of anything that will make this console more than a "modest" success like the GC or worse. And Nintendo wants more than a modest sucess after the damn Wii.

 

[Pie and Beans]

It's.not.even.been.six.months.

So on May 18th, does some magic gate unlock and we're all allowed to talk about this obviously too upsetting conversation?

Oh but then "its not even been a year!", Spaceworld, etc

In 2014? Absolutely.

Ah yes. There it is.

 

[Conor 419]

Nintendo was having major issues last year as well and had a loss then too.

They've just launched two new systems almost adjacently...

"So on May 18th, does some magic gate unlock and we're all allowed to talk about this obviously too upsetting conversation?"

In 2014? Absolutely.

 

[DragonSworne]

I honestly do not understand the iwata apologists. Who cares what he did? He is currently ruining the company. Besides, he obviously failed to capitalize on Wii and ds given their current struggles. That alone should warrant him getting fired.

But the biggest reason he should be fired? He has failed to give us good games at a good pace.

 

[Celine]

The Wii-U is tracking below GC currently. What kind of title would you say needs to come out to change this? I can't think of anything that will make this console more than a "modest" success like the GC or worse. And Nintendo wants more than a modest sucess after the damn Wii.

I know.
I doubt a single game will change it.
My personal expectation for WiiU LTD is greater than GC and N64 LTDs.
If I had to bet on how much WiiU Nintendo would like to sell I would say 50M.

 

[-MB-]

I honestly do not understand the iwata apologists. Who cares what he did? He is currently ruining the company. Besides, he obviously failed to capitalize on Wii and ds given their current struggles. That alone should warrant him getting fired.

But the biggest reason he should be fired? He has failed to give us good games at a good pace.

My 3ds is disagreeing hard here.

 

[Tom_Cody]

No, ~$190 million

Eh, so essentially breaking even.

Time to see if their releases over the next 6 months can help them expand their success in the Japanese 3DS market on to the Wii U and overseas.

 

[peanutbutterlatte]

I honestly do not understand the iwata apologists. Who cares what he did? He is currently ruining the company. Besides, he obviously failed to capitalize on Wii and ds given their current struggles. That alone should warrant him getting fired.

But the biggest reason he should be fired? He has failed to give us good games at a good pace.

With the Wii U? Maybe. Before that though? I guess you could argue the 3DS, but they've released, in my opinion, some of their best games under Iwata's tenure. And the 3DS hasn't just turned around this year, it's becoming a total beast.

 

[Daingurse]

I know.
I doubt a single game will change it
My personal expectation for WiiU LTD is greater than GC and N64 LTDs.
If I had to bet on how much WiiU Nintendo would like to sell I would say 50M.

Actually yeah a single game could do it, it worked for the Wii. That game pad still has no killer app.

 

[DragonSworne]

My 3ds is disagreeing hard here.

Imaging those games better and more often. That's a Nintendo that can only exist without Iwata

 

[-MB-]

Imaging those games better and more often. That's a Nintendo that can only exist without Iwata

WTF you talking about, 3ds ha sbeen gettign a plethora of great games for some time now.
ONly thing Nintendo coudl do better is providing the launch period with such a pace of great games, which is the problem with WiiU atm, but 3DS is doing mightily fine on the releasefront.

 

[73V3N]

Imaging those games better and more often. That's a Nintendo that can only exist without Iwata

lol

I guess every other CEO should be fired too then.

 

[DragonSworne]

3ds might finally be getting a few games monthly now, but there are still too many which 3ds isn't getting, even among Nintendo franchises.


The output could be way better, and the reason it isn't is because of Iwata's incompetence. The only way he could compensate for the disastrous 3ds launch was by pulling all resources from other areas.

Will 3ds suffer once he tries to fix Wii u?

 

[Celine]

Actually yeah a single game could do it, it worked for the Wii. That game pad still has no killer app.

The likes of Super Mario Bros, Tetris or Wii Sports exists but are "unknown quantities"/"unpredictable hits" as such I prefer not to rely on them when thinking on the future of a system.

 

[-MB-]

3ds might finally be getting a few games monthly now, but there are still too many which 3ds isn't getting, even among Nintendo franchises.


The output could be way better.

So a few games a month isnt good enough anymore? wtf
Basically you just cant be pleased, so why bother listen to you anyway.

 

[Pyrokai]

Imaging those games better and more often. That's a Nintendo that can only exist without Iwata

Dude....the output of quality games Nintendo is known for is no small feat. What makes you think another CEO can output that same quality at 2x the pace?

Talent is hard to find and hard to keep. They have managed to do both.

 

[peanutbutterlatte]

3ds might finally be getting a few games monthly now, but there are still too many which 3ds isn't getting, even among Nintendo franchises.


The output could be way better.

Amongst the popular titles, what exactly? It's got a big Mario title, Mario Kart, it's getting Zelda and Pokemon by year's end, and there's a Smash Bros. in the works for it.

There's many Nintendo's IP catalogue they haven't touched, sure, but not any that would make mad dolla.

Imaging those games better and more often. That's a Nintendo that can only exist without Iwata

This also shows you pretty much have no idea how a company works. Regardless of CEO, games take a long time to make. Iwata can't whip them raw and make them work 48 hour shifts.

 

[Steve Youngblood]

It's.not.even.been.six.months.

I remember when you were beating the drum of "the launch aligned numbers are superior to the 360/PS3; you people calling these numbers bad don't know what you're talking about!" I honestly don't understand the aim of crying foul when people call a spade a spade. The Wii U is performing terribly. There's nothing wrong with recognizing that and surmising that the path to recovery may be difficult and unlikely.

Perhaps you are in the camp that thinks this thing will be fine come holiday 2013 when the heavy hitters start streaming out. If so, if/when that happens, you can pat yourself on the back for not writing it off early and say "I told you so!" if you so desire. But I've said it before and I'll say it again: I don't understand why you and others are so determined to discredit people on a message board from speculating on such topics when there are actual facts available to us that allow us to make plausible -- if ultimately incorrect -- extrapolations about where things are headed.

The notion that it's too early to conjecture about where the Wii U is headed is silly. Mind you, those guesses might ultimately prove off the mark, as many prognostications often prove incorrect. There's really no right or wrong answer here. If you disagree with the current pessimism, simply argue that point and disagree with the doomsaying. But attempting to discredit the critics with posts like "It's.not.even.been.six.months." is silly and pointless.

 

[Daingurse]

The likes of Super Mario Bros, Tetris or Wii Sports exists but are "unknown quantities"/"unpredictable hits" as such I prefer not to rely on them when thinking on the future of a system.

Then expect N64-GC numbers ltd for the Wii-U. Without that type of"Unknown Quantity", (actually like this term) that's what we're getting.

 

[Daingurse]

Editouble Post

 

[Cheebo]

They've just launched two new systems almost adjacently...

That is not an excuse. Well over a year gap between WiiU and 3DS. In 2001 GBA and GCN launched just mere months apart. They had no loss that year.

Nintendo has not had a loss for over 30 years until last year. Now they have losses 2 years in a row.

 

[Aquamarine]

Imaging those games better and more often. That's a Nintendo that can only exist without Iwata

You're overestimating the development capacities of Nintendo.

Iwata maintains a nice balance of sustainability and can reap large profit margins by keeping development teams relatively small and budgets focused despite an obsession within the industry for massive budgets and fancy cinematics.

He's a good CEO in that regard.

 

[z0m3le]

The likes of Super Mario Bros, Tetris or Wii Sports exists but are "unknown quantities"/"unpredictable hits" as such I prefer not to rely on them when thinking on the future of a system.

Which was his point, that the Video Game industry is unpredictable thanks to these titles.

For instance, those 3 titles were the reasons their platforms took off, there are others too for other platforms, without which, the entire industry would look drastically different. To make this even harder, we have almost no idea what future titles will be coming for any platform especially in terms of exclusives. The only ones we have a solid idea on is 3DS, 360 and PS3.

 

[DragonSworne]

So you guys currently enjoying the 3ds output, what do you think will happen next year when Iwata tries to fix Wii U?

3ds output will turn into 2011-2012 Wii output.

 

[disco]

I honestly do not understand the iwata apologists. Who cares what he did? He is currently ruining the company. Besides, he obviously failed to capitalize on Wii and ds given their current struggles. That alone should warrant him getting fired.

But the biggest reason he should be fired? He has failed to give us good games at a good pace.

Who could even replace him though!? Who has the broad expertise on all levels of an individual company like Nintendo? Nobody. He has done the best in can in the onslaught attack of iPhones and iPads.

 

[BlockheadBrown]

Nintendo was having major issues last year as well and had a loss then too.

DOOM! GLOOM AND DOOM, I TELL YOU!
/sarcasm

 

[Bel_Air_Jeff]

There is an on-going crazy argument that Nintendo is always doomed and are going to go out of business. It's really turning me off to this place and it's really sad

 

[D.Lo]

It's not really fair, it's Japan that is fucked. Any Japanese company that sells overseas is screwed.

Crazy they can even basically break even really.

 

[BGBW]

Imaging those games better and more often. That's a Nintendo that can only exist without Iwata

So Iwata goes and suddenly Nintendo is pumping out higher quality games at a quicker pace? I think you you need to stay away from the land of imagination for a bit. It's screwing with your perception of reality.

 

[BlockheadBrown]

So you guys currently enjoying the 3ds output, what do you think will happen next year when Iwata tries to fix Wii U?

3ds output will turn into 2011-2012 Wii output.

Why the "this or that" mentality?

 

[Tobor]

Actually yeah a single game could do it, it worked for the Wii. That game pad still has no killer app.

The gamepad is not as intuitive or interesting as the Wiimote. A Wii Sports like killer app isn't possible.

This is one of my major issues with Iwata. A competent CEO would have taken a look at an early build of Nintendo Land and either killed the project, or revamped it. It should have been clear the Gamepad wasn't going to be good enough.

 

[-MB-]

So you guys currently enjoying the 3ds output, what do you think will happen next year when Iwata tries to fix Wii U?

3ds output will turn into 2011-2012 Wii output.

Give me that time machine u have been using please.

 

[DragonSworne]

So Iwata goes and suddenly Nintendo is pumping out higher quality games at a quicker pace? I think you you need to stay away from the land of imagination for a bit. It's screwing with your perception of reality.

The land of imagination is believing Iwata is capable of suddenly changing what he has done the last 10 years.

But please understand I guess.

 

[73V3N]

So you guys currently enjoying the 3ds output, what do you think will happen next year when Iwata tries to fix Wii U?

3ds output will turn into 2011-2012 Wii output.

Yeah because the DS stopped getting games once the Wii came out.

 

[Daingurse]

Who could even replace him though!? Who has the broad expertise on all levels of an individual company like Nintendo? Nobody. He has done the best in can in the onslaught attack of iPhones and iPads.

Not even close, if he was really all about the paper, then we'd see their games on Android and ios mobile devices. This is a conflict of philosophy and Nintendo is stubborn.

 

[DragonSworne]

Why the "this or that" mentality?

Because that's how Nintendo's been operating the last 5 years and it doesn't look like it's changing anytime soon as long as Iwata is CEO.

 

[GiantBreadbug]

Imaging those games better and more often. That's a Nintendo that can only exist without Iwata

Sorry, but that's hyperbole of the highest degree.

I'm no Iwata apologist, but saying that giving him the boot will magically decrease development cycle length and increase game quality is, well, silly.

 

[Aquamarine]

The land of imagination is believing Iwata is capable of suddenly changing what he has done the last 10 years.

But please understand I guess.

Yeah, get rid of the CEO who can skillfully plan IPs around conservative budgets and high profit margins.

Replace him with a CEO who pours millions and millions into IPs without careful planning. Balloon development teams. That'd TOTALLY make Nintendo more profitable.