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Topic: Something big is going on at Nintendo.

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cookiex

On a related note, Nintendo's new R&D building was completed recently.

Untitled

Located just down the street from HQ, it cost about $200m to build and will house 1,500 workers at a working space 4x larger than the old one.

Edit: Found a Google Maps image from when it was being built. HQ is below to the right.
https://maps.google.com/maps?q=34.972553,+135.754441&num=...

Edited on by cookiex

cookiex
Self-appointed NintendoLife Hyrule Warriors ambassador

cookiex

Retro hiring new people makes sense since they moved to a much larger office recently.

Edited on by cookiex

cookiex
Self-appointed NintendoLife Hyrule Warriors ambassador

CaviarMeths

They needed a larger building to store all of the cash that the 3DS prints.

So Anakin kneels before Monster Mash and pledges his loyalty to the graveyard smash.

Warruz

Just sounds like Nintendo is Strengthening its base.

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AJ_Lethal

They're taking names to make games that will kick donkey.

cue montage using this song as background music
Please watch the profanity — TBD

Edited on by theblackdragon

supermario182

cookiex wrote:

On a related note, Nintendo's new R&D building was completed recently.

Untitled

Located just down the street from HQ, it cost about $200m to build and will house 1,500 workers at a working space 4x larger than the old one.

Edit: Found a Google Maps image from when it was being built. HQ is below to the right.
https://maps.google.com/maps?q=34.972553,+135.754441&num=...

my god its beautiful.

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play my games and demos here!!

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LzWinky

Their stocks are worth more than Sony's, not the entire companies

Current games: Everything on Switch

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dumedum

DarkwingLz wrote:

Their stocks are worth more than Sony's, not the entire companies

Well, the market cap is higher. The investment community uses this figure to determine a company's size, as opposed to sales or total asset figures.

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LzWinky

dumedum wrote:

DarkwingLz wrote:

Their stocks are worth more than Sony's, not the entire companies

Well, the market cap is higher. The investment community uses this figure to determine a company's size, as opposed to sales or total asset figures.

So you're saying that Facebook was once bigger than Google? Yeah no

Current games: Everything on Switch

Switch Friend Code: SW-5075-7879-0008 | My Nintendo: LzWinky | Nintendo Network ID: LzWinky

dumedum

DarkwingLz wrote:

dumedum wrote:

DarkwingLz wrote:

Their stocks are worth more than Sony's, not the entire companies

Well, the market cap is higher. The investment community uses this figure to determine a company's size, as opposed to sales or total asset figures.

So you're saying that Facebook was once bigger than Google? Yeah no

I don't think that ever happened. Google's market cap is ~400 billion. Facebook's is ~100.

"Dubs Goes to Washington: The Video Game".

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Snagrio

For some reason this reminds me of when I used to play the Age of Empires series. I utilized the turtle strategy and walled everything off to build my army to maximum capacity and potential before coming out late in the game to wipe others out in full force. >:]

That's what it seems like here. Nintendo is expanding internally, building up teams and resources before unleashing everything they've got later. Let's hope it pays off.

Snagrio

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LzWinky

If the wii u becomes popular, this lousy start will be nothing more than a faded memory.

Current games: Everything on Switch

Switch Friend Code: SW-5075-7879-0008 | My Nintendo: LzWinky | Nintendo Network ID: LzWinky

rjejr

It's not so much "coincidence" as the first full work/news week of January. Last week most people were busy celebrating the new year. Companies don't like hiring new people until after the books close month end, same for advertising for new jobs. Why pay employees Christmas bonuses when you can just wait to hire them Jan 1st?

So I suppose it can kind of sort of been seen as "coincidence", but it's more ike a lot of news coming out after 2 weeks of Christmas and New Years celebrating and offices being closed and people being on vacation. If all this news came out some random week in Oct or Apr then I'ld be more inclined towards making something out of it.

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shingi_70

They're expanding nearly all their studios to cope with developing for both the 3DS and Wii U.these past two years probably taught them they need to pick up the slack even more so than previous generations.

WAT!

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luisesteban

They know that need more working force. It's good. The games are coming.

luisesteban

Klimbatize

It's probably to hurry up and create a new home console and sweep Wii U under the rug.

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cbkummer

Klimbatize wrote:

It's probably to hurry up and create a new home console and sweep Wii U under the rug.

That would actually be the WORST thing Nintendo could do. "Oh, sorry everyone who just dropped $300+ on the Wii U, we're done with that. Buy THIS instead!" And before you say anything, people have bought the Wii U.

cbkummer

Snagrio

cbkummer wrote:

Klimbatize wrote:

It's probably to hurry up and create a new home console and sweep Wii U under the rug.

That would actually be the WORST thing Nintendo could do. "Oh, sorry everyone who just dropped $300+ on the Wii U, we're done with that. Buy THIS instead!" And before you say anything, people have bought the Wii U.

Agreed. Sega basically did the same thing and look what happened to them.

Snagrio

3DS Friend Code: 4081-5821-0404 | Nintendo Network ID: WingedFish64

sub12

shingi_70 wrote:

They're expanding nearly all their studios to cope with developing for both the 3DS and Wii U.these past two years probably taught them they need to pick up the slack even more so than previous generations.

I agree, even with the 3DS selling like hotcakes, most developers (especially western) seem much more interested in the Iphone/Ipad market.

sub12

ACK

Wait, people aren't taking this market cap too seriously, are they?

It must be noted that this is a speculative figure, based upon investment trends and prospects. In Nintendo's case, the market cap increased significantly, largely due to a couple of factors. The obvious, encouraging reason is China opening it's doors to foreign consoles. Clearly this benefits Nintendo's bottom line.

The other is more cynical and possibly equally significant (if not more so). That's because many analysts are convinced that there is a high probability Wii U's dubious outlook will force Nintendo to coalesce to board demands and embrace smartphone software development and/or licensing.

This is largely a case of investors looking at the lucrative potential of Nintendo IP being prostituted to the largest markets.

Edited on by ACK

ACK

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