Quantcast
Destructoid Japanator Tomopop Flixist
Dtoid Forums now support TapATalk and ForumRunner on your iOS/Android devices. Whoot.

Nintendo's losses get bigger, but sales still strong photo

The 3DS has become healthy and games are selling well, but Nintendo's still losing quite a bit of cash. The company recently increased its fiscal year-end expected losses from ¥20 billion to ¥65 billion.

From the beginning of the fiscal year up to December 31, Nintendo posted a loss of ¥48.35 billion, down from a ¥49.5 billion profit from last year. The strength of the yen has been partially blamed for the losses, although Nintendo has also said that the 3DS' slow start has had a significant effect.

Still, the 3DS has now shifted 15 million units worldwide, so maybe it'll start strong when the fiscal year begins again after March. Then we'll have to see what the Wii U does for the company (or to it). 

Nintendo posts losses on strong yen and falling sales [BBC]








More gaming stories around the web. Got news? Submit yours to tips@destructoid.com

Jim Sterling serves as reviews editor for Destructoid.com, head of the Podtoid podcast, and produces a number of news stories, original features, one-of-a-kind videos. With his passionate argumentative style, controversial opinions, harsh delivery, and dedication to brutal honesty Sterling is a name that you can't help but recognize. Likes PS2, iPod Touch, Silent Hill 2, Metal Gear Solid, Dynasty Warriors 3 Meet the rest of the team



Post a comment! You can also post a photo below:

Comment with Facebook





Click connect and comment instantly!

Comment with Dtoid





New? SIGN UP - it takes 5 seconds

54 comments | showing # 1 to 50
prev
next 50 comments

Mysterious-G's Avatar - Comment posted on 01/26/2012 08:43
Mysterious-G
Am I strange? This spider or whatever in the header looks incredibly juicy and tasty...
Ali Sed's Avatar - Comment posted on 01/26/2012 08:46
Ali Sed
inb the inb4's
Noir's Avatar - Comment posted on 01/26/2012 08:47
Noir
That is the most amazing looking insect I have ever seen yet I have no idea what it is.
Armoured Badger's Avatar - Comment posted on 01/26/2012 08:47
Armoured Badger
Gah Fuck! That thing is terrifying!
Namodacranks's Avatar - Comment posted on 01/26/2012 08:48
Namodacranks
>Inb4 hurr durr spiders r scary lol im so unique
santiagodelossantos's Avatar - Comment posted on 01/26/2012 08:50
santiagodelossantos
That spider raped my childhood
tuoman's Avatar - Comment posted on 01/26/2012 08:51
tuoman
Ali, yes you were. Namo, no you weren't.
BalloonFighter's Avatar - Comment posted on 01/26/2012 08:53
BalloonFighter
Mysterious-Q
No you ain't crazy. That spider thing be a fake spider thing. I think you hungry.
santiagodelossantos's Avatar - Comment posted on 01/26/2012 08:55
santiagodelossantos
On topic, the strength of the yen has seriously affected Japanese companies such as nintendo and Sony. I expect nintendo to keep making money soon. If you look at the sales charts the 3ds and its games have been on the top for some time in Japan.
BalloonFighter's Avatar - Comment posted on 01/26/2012 08:56
BalloonFighter
You ain't Mysterious-Q.
Isay Isay's Avatar - Comment posted on 01/26/2012 08:56
Isay Isay
The losses are getting bigger!



And Leon is getting laaaaarrrrrger!
dtomek's Avatar - Comment posted on 01/26/2012 09:00
dtomek
On a tangential note, fiscal years are fucking stupid. What's wrong with using a regular calendar like the rest of us...eh accountants?
MasterBalls's Avatar - Comment posted on 01/26/2012 09:02
MasterBalls
Jim, this article is very well written. For not how to write it, see www.kotaku.com
MrFloppyknickers's Avatar - Comment posted on 01/26/2012 09:03
MrFloppyknickers
That's one of those Canel spiders isn't it?
Retrofraction's Avatar - Comment posted on 01/26/2012 09:05
Retrofraction
well really the losses are not that bad considering that they were out selling everything a few months back
Janklogs's Avatar - Comment posted on 01/26/2012 09:05
Janklogs
DOOOOOOOOOOMED
VitaminShoe's Avatar - Comment posted on 01/26/2012 09:12
VitaminShoe
"Nintendo posted a loss of ¥48.35 billion, down from a ¥49.5 billion profit from last year." Can someone properly explain this sentence for me? So is this a profit but not as much as last year or did they actually end up 48 billion yen in the hole where they made 49 billion just one year ago?
VitaminShoe's Avatar - Comment posted on 01/26/2012 09:13
VitaminShoe
also that is one awesome yet horrifying insect
BrainWasherAttendent's Avatar - Comment posted on 01/26/2012 09:13
BrainWasherAttendent
It's all over, nintendo.
MrFloppyknickers's Avatar - Comment posted on 01/26/2012 09:17
MrFloppyknickers
Vitamin, it seems they went from making 49.5 billion yen of profit to losing losing 48 billion yen. So a swing of roughly 98 billion yen.
Stealth's Avatar - Comment posted on 01/26/2012 09:22
Stealth
Didnt they also say they expect a profit as early as 1 month from now?


15 million is the highest any nintendo system has ever sold in its first 10 months
Black Nexus's Avatar - Comment posted on 01/26/2012 09:31
Black Nexus
Does raid make grenades?
Lt Frank Drebin's Avatar - Comment posted on 01/26/2012 09:33
Lt Frank Drebin
My gut tells me it's because they are spending money to develop the Wii U.
MrFloppyknickers's Avatar - Comment posted on 01/26/2012 09:33
MrFloppyknickers
Hmm, is it surprising though that at the start of the year you post a profit. After all tracking wise you're starting from scratch at the beginning of a new fiscal year right? Profits could be legit or just an illusion of timing.

When do thy make their big supply purchases? When do they pay contractors? When's the next big research expenditure? It may all be rosey, and hopefully it is, but it's not guaranteed and may just be corporate jockeying.
Occams electric toothbrush's Avatar - Comment posted on 01/26/2012 09:45
Occams electric toothbrush
@Isay Isay: You just made me chortle. Bless your eyes.
Jaku Omanga's Avatar - Comment posted on 01/26/2012 09:51
Jaku Omanga
Dooooooooooommmmmmed
able to think's Avatar - Comment posted on 01/26/2012 10:08
able to think
@Black Nexus More like tactical nuclear missiles! That thing needs to fucking die.
Sexualchocolate's Avatar - Comment posted on 01/26/2012 10:23
Sexualchocolate
Inafter comments.

#toohipster
s0lesurviv0r's Avatar - Comment posted on 01/26/2012 10:30
s0lesurviv0r
That insect made me flashback to Inhumanoids.
Themuad's Avatar - Comment posted on 01/26/2012 10:31
Themuad
I imagine that they are pumping alot of cash into RnD.

That or hookers and blow... would probably make cooler games if nintendo HQ had some more of that.
sofik88's Avatar - Comment posted on 01/26/2012 10:33
sofik88
Jim Sterling, spinning facts and news since... when exactly did mr Sterling joined Destructoid?

Nintendo added few other numbers and among those was ¥53.7 billion figure that covered entire exchange loss between Dollar/Euro and Yen due to strong Yen, and that's just for the last 9 months.
NotoriousBIG420's Avatar - Comment posted on 01/26/2012 10:42
NotoriousBIG420
@Jim

More interested in the header image then story. Please tell me what that creature is.
RaginDude's Avatar - Comment posted on 01/26/2012 11:02
RaginDude
Don't tell me Mario is getting old.
GoofierBrute's Avatar - Comment posted on 01/26/2012 11:22
GoofierBrute
Isay Isay has made my morning.
Camel Toad's Avatar - Comment posted on 01/26/2012 11:37
Camel Toad
Camel spider? Oh, Canel. Carry on.
Sonic7877's Avatar - Comment posted on 01/26/2012 11:45
Sonic7877
Notice how Jim has to end every Nintendo article on a negative note.
worm jerky's Avatar - Comment posted on 01/26/2012 11:48
worm jerky
Camel spider GTFO.
Automation's Avatar - Comment posted on 01/26/2012 12:18
Automation
Are you implying the Wii U is going to sexually molest the company?
Cerun's Avatar - Comment posted on 01/26/2012 12:28
Cerun
I'm sorry but I am with everyone else here, that spider is fascinating. More so than the news!

What IS it? What does it eat? Is it carnivorous, or an omnivore, or is it even a spider?

Goddamn nature is cool. We need a game that uses more of the weirder things in nature, like the fungi that drive ants mad and from their corpses spawn more fungi. Ants can detect that shit in their brethren so they carry them off and leave them to die on their own. You can't write this shit!
JoeTheProYaKnow's Avatar - Comment posted on 01/26/2012 12:32
JoeTheProYaKnow
I was walking through the park one day

In the the merry, merry month of May

When I was caught by surprise

By a pair of googly eyes

When I was walking through the park one day, hooray!
BoomingEchoes's Avatar - Comment posted on 01/26/2012 12:42
BoomingEchoes
So that... thing... in the header image is rocking gold teeth, as if he was straight out the barrio. Thats hardcore right there.
TheRedComet's Avatar - Comment posted on 01/26/2012 12:43
TheRedComet
Is that a spider or some other bug?
Begaria's Avatar - Comment posted on 01/26/2012 13:10
Begaria
I didn't realize that a picture of Jim's cock would get so many comments.
Cossner's Avatar - Comment posted on 01/26/2012 14:32
Cossner
^^Comment of the year.
egan n24's Avatar - Comment posted on 01/26/2012 15:14
egan n24
imagine one of those things crawls right by you as you sit at your desk at work.
Netnavi's Avatar - Comment posted on 01/26/2012 15:15
Netnavi
Deadly Creatures sequel please!
Chris Creo's Avatar - Comment posted on 01/26/2012 16:02
Chris Creo
And not a single fuck was given?
RockWallofMight359's Avatar - Comment posted on 01/26/2012 16:59
RockWallofMight359
I'd imagine they would still feel repercussions of their financial issues from the earlier point in the year. As more software for the 3DS and Wii U come out, I think this will prove with time.

If yen is the issue, then what Nintendo needs to do is find a way to appeal to American audiences the way they did with the DS and Wii. That would jump-start their profits.
prev next 50 comments

Comment with Facebook





Click connect and comment instantly!

Comment with Dtoid





New? SIGN UP - it takes 5 seconds

Comments policy

Destructoid is an open discussion community. You don't need to "audition" to post a comment - just speak your mind. We respect differing opinions on the site, so have at it. Be smart, funny, insightful, clueless, or cute -- but back it up with substance. Keep your cool, keep it fun. We only ask that you act respectfully and above all: don't be a troll and ruin it for everyone else. Don't bring down gamers or we'll, you know, gently shoot you in the face and stuff you into a flaming mailbox. Each comment is your opportuntity to make this community awesomer. Is that even a word?

Avoiding the banhammer only requires common sense: spamming, trolling, racism, NSFW stuff, and other forms of sucking will not be tolerated. If anyone is griefing please report abuse. Be good. Don't suck!