Nintendo To Release Fiscal Year Earnings After State Of Emergency Lifts

I'm guessing Nintendo should be less affected by the situation than companies like Square (Tokyo), Capcom (Osaka), Koei (Yokohama), and Platinum (Osaka) since for some reason the state of emergency doesn't affect Kyoto despite its close proximity to Osaka... Though Nintendo does have some studios in Tokyo so they'll be somewhat affected.

Are Nintendo still cash rich? Most companies exist in debt, investing in more to please greedy investors. When something unexpected happens, they ask for tax payers to bail them out. What happened to high risk, high reward? Seems rigged to me. I get it's a free economy but companies should invest in what they have and protect themselves instead of chasing year after year growth by cost cutting, short cuts et al. It all started as a get rich quick scheme that has become out of control. It would certainly create more opportunity for others and broaden competition. It's not like everyone won't be super busy when this dies down. Capitalism needs to be more responsible because this global crisis has really highlighted who is important. And it's not CEOs and actors.

@GrailUK Nintendo has a very healthy cash surplus.

I wonder if there will be a dip in video games sales once people start coming out of quarantine. Everyone might want to get outside for as long as they possibly can.

Since you asked, my thoughts are that this is an unnecessary article.

@GrailUK
According to their Consolidated Balance Sheet (https://www.nintendo.co.jp/ir/en/finance/highlight/index.html), Nintendo's sitting on 15 Trillion Yen in total Assets-liabilities.
13.7 Billion USD or 11.1 Billion Pounds.