Tag: Financials - Page 5
News Nintendo Misses Out on Nikkei 225 as Stock Slumps Over 8%
Recent stock rises partly due to potential of joining the listing
Earlier in the Summer we saw increases in Nintendo's stock value as a strong performance from the 3DS and the prospective inclusion on the Nikkei 225 Stock Average drove positive trading. The Nikkei 225 lists notable stocks and is undoubtedly a positive inclusion for any company...
News Wii U Research & Development Costs May "Undermine Profitability"
IHS head of games Piers Harding-Rolls not writing off Wii U
Yesterday brought us Nintendo's Q1 financial reports, with the headlines generally focused on an overall profit, strong 3DS performance and poor Wii U sales. In terms of what was expected for the three months in question, it was a report with little in the way of major surprises, though did...
Talking Point Nintendo's Financial Results Tell a Tale of Two Systems and Bold Ambition
The company builds wealth amidst negative Wii U news
Nintendo has announced its first quarter financial results, which brought some notable headlines. The company made an operating loss, but ultimately posted a net profit; despite hardware and software business struggling overall, Nintendo had boosted its coffers by roughly 8.6 billion yen ($87.8...
News Nintendo's First Quarter Financial Results Boosted By 3DS Performance
Despite operating loss and Wii U struggles, no change in profit projections
A few months ago Nintendo released its annual financial results, which saw the company make an overall profit but an operational loss, meaning its business had been partly bailed out by economic instruments, as opposed to profiting from selling video games and hardware. The...
Feature Nintendo's Financial Revelations and Hardware Strategies
3DS leads as Wii U goes slow and steady
Around this time every year Nintendo reports its financial results for the previous 12 months, and in by-gone days they could be summarised very easily — "we're rolling in cash like money hogs, victory lattes for everyone". Recently it's not been quite that simple, with the decline starting with the initial...
News Nintendo Confirms Yearly Net Profits, But Higher Than Expected Operating Losses
Wii U sells 3.45 million units, missing four million target
To start with, Nintendo's financial results for 2012/2013 aren't as bad as predicted yesterday by Bloomberg; in fact, if you're just interested in the balance sheet Nintendo's affairs are in the black — the net income when all is said and done is a profit of 7,099 million Yen, which...
News Analysts Predict Financial Year Losses to be Reported by Nintendo
We'll know soon enough
When Nintendo revealed its financial update for Q3 at the end of January, it projected a net profit of 14 billion Yen (just over $150 million) for the financial year; it must be said that this projected profit was in spite of an operating loss, which reflects the core business of producing and selling consoles and games. That...
News Square Enix CEO Resigns Ahead of Financial Losses
Major restructuring is planned
With the financial year closing in the coming week, Square Enix has stated that it anticipates an "extraordinary loss" as it puts into effect major restructuring of the company. With disappointing sales of console titles and the costs of making sweeping organisational changes, the company anticipates reporting a loss...
News Nintendo Is Strengthening Development Teams, Defends Wii U Capabilities
Unannounced games slated for late 2013
Following this week's financial reports, Nintendo had its standard Q&A session with investors to discuss the results and business plans. The full transcript has been published in Japanese but, at the time of writing, the English translation is yet to arrive. Thankfully, NeoGaf member farnham has translated...
News Nintendo Cuts Profit Projections After Half-Year Results
Losses continue to fall despite weaker than expected 3DS sales
Despite all of the hype and excitement currently around Nintendo and the upcoming launch of Wii U, in addition to its efforts to improve its download platforms and more, the company's been working against a backdrop of difficult financial results. Earlier this year Nintendo had to report...
News Nintendo Confirms Financial Loss for First Quarter
Not a surprise
As you may recall, Nintendo announced its first annual loss in 30 years in April, as the company faced the music for problems with the 3DS launch and a declining Wii. It's just announced its results for the first quarter of this current financial year and, as anticipated, it's a loss. In the three months that ended 30th June this...
