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Nintendo's 75th Annual General Meeting of Shareholders | June 26, 10 a.m. JST
vinnygambini
Why are strippers at the U.N. bad when they're great at strip clubs???
I think one will get updates on the initiatives Nintendo are planning this FY, such as their partnership with DeNA, QOL, and most likely a reveal of another licensing venture.
I'm hoping digital downloads (MK8, SSB) are touched upon.
I'm hoping digital downloads (MK8, SSB) are touched upon.
Sectorseven
Member
The directors own practically no shares.
Entryhazard
Banned
Iwata will be more pressed than an Ace Attorney witness
No, they're doing 5 games within 2 years of the announcement. More specifically, there are going to be 5 mobile games by the end of the fiscal year in March 2017.
DAREALGUMMY
Member
I have a feeling this one might get really ugly.
It's pretty crazy to think anyone on GAF could invest a couple grand into Nintendo shares and own more of the company than Miyamoto.
James Scott
Banned
He's not going to get fired anytime soon. He's said the right things to the investors thanks to their mobile initiatives.
They also have to get the most out of those puppets
I imaging you're joking, but just in case.
Sammy Samusu
Member
they better get ready for the lashings
Interceptor
Banned
Not really. Shares jumped after the DeNA deal.
This is a shareholder conference and not a place for fanboy outrage like E3.
Entryhazard
Banned
But the shares tanked right after the Digital Event
Can you share how bad was the drop compared to the Dena rise?
Eh, normal fluctuation. Unless you can explain why fanboy disappoint directly weigh on Nintendo stock prices.
Interceptor
Banned
Are you talking about the hypebolic thread after the daily 1-2% fluctuation or do you have real data? They jumped after the DeNA deal, they did not "tank" after the DE.
giant_frying_pan
Member
Absolutely not!
To be fair, I think the directors' shares might be the full 7974 shares, not the NTDOY shares we usually discuss on this side of the Pacific, which are actually a tenth of a share. If so Miyamoto would own something more like $20,000.
Certainly still less than one might think.
Buy on rumors, sell on news. Happens pretty much all the time, everywhere.
Entryhazard
Banned
Still the shares dropped a decent amount. I can see some investors addressing how Nintendo shat the bed this E3. After all it is also about the company image and some shareholders actually care about videogames
Interceptor
Banned
Please quantify that decent amount.
Mysterious
Banned
Shares go up on speculation, and down on news. Standard fare for all tech companies, unless they announce something truly mind-blowing.
Shareholder: "What is an E3?"
GregLombardi
Member
Nintendo shares are right back to where they were before E3, maybe even up a bit, I think.
I don't think shareholders care about fan reactions on the web.
I don't think shareholders care about fan reactions on the web.
protomouse
Member
vinnygambini
Why are strippers at the U.N. bad when they're great at strip clubs???
The shares dropped 2.75% in Osaka; the next day it rose 1.33%.
Square Enix's shares rose more than 4% at the FF7 reveal; and dropped 3.5% the following day.
Nintendo stock hit resistance level at 20,000 yen. Investors are waiting for the annual meeting for further guidance.
Pokemaniac
Member
I just had a thought. Nintendo is doing a very abnormally large amount of online maintenance this week. What if the maintenance is so they can turn on some of the services that they developed with DeNA during this event? There is precedent for Nintendo doing this sort of thing. The web version of Miiverse launched during an investor briefing.
Yeah, there are way too many consecutive heavy maintenance periods in just a few days. There could seriously be something going on right in time for the Shareholder meeting.
I expect this meeting to be about the same as their E3 showing: Mainly stalling for more time. Their primary studios have moved on to the newer system/systems. Without Zelda coming this year, there's simply not that much to talk about. Only difference with the shareholder meeting is that they're still not going to be ready to talk about QoL, nor will they have much to say on the mobile partnership.
As far as I know, they're making a profit again, so there's that to talk about and then basically "Hey, we're working on doing better in the future".
As far as I know, they're making a profit again, so there's that to talk about and then basically "Hey, we're working on doing better in the future".
For what reason? Angering a few irate fans on the Internet doesn't equate to bad business, especially as hands on for those titles show they aren't that bad.
Entryhazard
Banned
I can see them "trade" some execs for better coordination. IIRC DeNA is working on the NX OSRösti;169397327 said:
ZeronosVega
Member
This has me curious as to how much the shareholders are aware of the general negative reaction from E3 was considering the reports by bigger news websites outside of general gaming journalism such as Bloomberg took notice. The mobile deals and theme park will likely tide them over however.
vinnygambini
Why are strippers at the U.N. bad when they're great at strip clubs???
No DeNA board member will be part of Nintendo's board of directors.
Rosti, do we know if Nintendo's 10% ownership of DeNA are voting shares or non-voting?
Edit: Found it. 11.58% of the 1,301,791 total voting rights as of September 30, 2014
Rosti, do we know if Nintendo's 10% ownership of DeNA are voting shares or non-voting?
Edit: Found it. 11.58% of the 1,301,791 total voting rights as of September 30, 2014
If understood Japanese company law correctly the whole board is supposed to be composed of independent directors with no shares in their employer.
It isnt uncommon in the United States for companies to have directors that do not have much if any shares in the company for the same independence concept.
Of course US companies are not required to have independent directors and many (if not most companies) apportion directors with shareholders in mind
This is def the place for DeNA mobile info and QOL, I also expect small tidbits on NX
Also havent Nintendo been operating in the positive as far as money goes for about a year now? If he was gonna be fired it would have been when they were in the negative
Also havent Nintendo been operating in the positive as far as money goes for about a year now? If he was gonna be fired it would have been when they were in the negative
Father_Brain
Banned
I thought it was supposed to launch this calendar year for current platforms. Not necessarily mutually exclusive, I know, but am I misremembering?
Ah, I thought it was end of fiscal year 2016. Thanks for correcting me.
They could give some details at the end of October and then launch it in the following...two weeks? Heck, they could announce it (official name, first details) when the financial results are released, then details at the investor meeting, then launch a few days later.
Retromelon
Member
If there is even a mention of anything nx related i will be happy
James Scott
Banned
The stock went down quite a bit after e3, so I imagine they noticed. Either that or they are Metroid fans
But like posted above:
It really didn't affect stocks that much in the grand scheme of things.
1. set up an account with a brokerage (e.g. schwab, eTrade, whatever you want).
2. transfer money into the account from your bank.
3. buy shares.
Right now is probably not a great time to buy. they can sink a little lower still, and I don't think there are any great announcements coming from them until NX stuff. Unless mobile does huge for them I don't see the stock making much of a gain on positive earnings.