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Nintendo full year financial results [23.2B yen loss, 3.6M Wii U/12M 3DS forecast]

46.4 billion yen = 454 million usd
23.2 billion yen = 228 million usd

gGVUkys.gif


Realistically what can Nintendo do to stop the hemorrhaging?
 
Nintendo Network, including Miiverse, work on both Wii U and 3DS, same account and all. The functionality on 3DS is quite limited because the system wasn't designed with a unified extensible online infrastructure in mind, but future platforms will be.

One of the few acknowledgements from them that I have taken positively!
 
The way some people carry on in this forum, its as if they want 3 me too gaming boxes with the same me too games and features. I for one love that Nintendo march to their own beat. Their software is top notch, well crafted and made with care. The day that I can only choose to play fucking COD, FIFA and GTA clones is the day I stop gaming. Yes, that's a bit hyperbolic but I feel that the industry needs a third player with its own ideas.
 

wsippel

Banned
IIRC, there was a thread recently that quoted Iwata as having said something like 'I thought of QOL shortly before the investor meeting in Jan 2014".

Am I remembering that correctly? Has qol only been under development for < 5 months?
Maybe. But I think it's more likely that they were already working on something, but Iwata didn't know how to sell it until earlier this year.
 

Mithos

Member
Wow. Crazy numbers. Let's hope they pull out some stops at E3, they need a price cut, badly.

A €150 drop in price both Basic/Premium in Europe didn't do much at all, sure it wasn't an official price cut, but should that matter?

And now prices are back up again on whats left of the Basics in stocks and Premiums are just ~€50 more expensive then Basics.
 

Exile20

Member
The sad thing is that its possible to get some great performance out of cheap hardware but they refuse to do the work.

Instead releasing a bloated and slow OS and then taking over a year to not quite fix it.

Don't remind me, the os speed is just embarrassing. it is as if each app was created by a different dev group. Nothing talks to each other, nothing flows at all. The UX is just terrible to say the least.

The ever decreasing war chest...

Dude, they posted their first lost in 2012. You are acting like they were losing for 10 years now.

Here's the exact quote taken from a feature in the latest issue of the UK's Nintendo Gamer magazine: "Buried in reams of financial data is the revelation that Nintendo have 812.8 billion Yen (£6.7/$10.5 billion) in the bank - enough for it to take a 20 billion Yen loss (£163/$257 million) every year until 2052.

http://www.gamesradar.com/nintendo-doomed-not-likely-just-take-look-how-much-money-its-got-bank/

Sony is 1.2 billion in the red.
Sony has added $200 million to its projected losses, bringing the total to $1.2 billion.

And they are still around.
 
The way some people carry on in this forum, its as if they want 3 me too gaming boxes with the same me too games and features. I for one love that Nintendo march to their own beat. There software is top notch, well crafted and made with care. The day that I can only choose to play fucking COD, FIFA and GTA clones is the day I stop gaming. Yes, that's a bit hyperbolic but I feel that the industry needs a third player with its own ideas.

If they are going to offer less, or at least a more singular path to Nintendo software... then the hardware should be designed and tuned as such

300-350 for the bloated mess that is the WiiU is a bit much

Mark Cerny had the right idea designing the PS4 by specifically noting that Simplicity and "getting out of the players way" should be a design focus.
 
Nintendo has already pulled it around when DOOM strikes.

This situation will be no different.

nintendo is always doomed, and they are never doomed

This is probably the worst situation Nintendo have been in. Years of cumulative loss, home console doing unprecedentedly bad, handheld declining significantly and some money/resources are being invested in QoL at the same time.
 
Nintendo Network, including Miiverse, work on both Wii U and 3DS, same account and all. The functionality on 3DS is quite limited because the system wasn't designed with a unified extensible online infrastructure in mind, but future platforms will be.

I bought Fez on PSN last week and I can play it on PS3, PS4, or Vita with my save automatically carrying over between them.

The Vita came out at the same time as the 3DS, both of them years after the iPhone, and it was built with a unified extensible online infrastructure in mind.

Soon with PSNow I will be able to play PSN games on tablets.
 

KingSnake

The Birthday Skeleton
Maybe I'm an optimist, maybe I'm naive, but no I don't see it as nonsense at all. I look at the games that sell on Steam, new IP's that make money, and I have to think that Nintendo with all of their assets and experience could do an even better job. I look at some of the new IP's over the years that have been successful on PS3 and X360 and yes I believe that Nintendo could be very successful competing in the same space with games like Pikmin, Bayonetta, and W101. And even more so with the Mario's, Zelda's, Pokemon's, etc. I simply don't see Nintendo having a hard time competing as a software / handheld hardware only company in today's market. Now imagine if they also put some games out on portable devices, I believe they would be hugely successful with the freedom to compete on huge userbases like that.

The Wii's problem was that a huge chunk of it's users were not gamers at all but rather fitness fad users. Nintendo wouldn't have that problem as a software company releasing on portables, PS4, X1, and Steam.

I suppose I just have faith in Nintendo's software quality speaking for itself.

Why would Nintendo invest in a Bayonetta game as a 3rd party when the owner of the IP doesn't have the confidence to do so on the same market?
Why would a 3rd party Nintendo pay money to Platinum Games to make a game (W101) when they could allocate those money to their internal development teams?
What would make a DKC game succeed where a Rayman game failed?
 

noobasuar

Banned
So many people gleeful at the prospect of one of the best, if not the best software developer in the industry doing bad.

If Nintendo ever leaves videogames I hope all of you enjoy playing the same yearly garbage franchises that are bound to come out.
 

Tripon

Member
It'll be interesting if Nintendo does decide to do a merger or significant acquisition to shake things up. That's what they really need to do.
 
I bought Fez on PSN last week and I can play it on PS3, PS4, or Vita with my save automatically carrying over between them.

Soon with PSNow I will be able to play PSN games on tablets.

Yup

We are seeing this all over with Steam, Apple, XBL, and Google

Modern conveniences and simplicity are SERIOUSLY underrated! Especially when trying to capture a broad audience.

They need to unify and streamline access to their products. Make is fast easy and cheap!
 
People go on about this war chest and they can't even put in place a proper account management structure to their online service. Their attitude stinks at times in my opinion, the fan in me gets irritated by their decision making.
 

QaaQer

Member
So many people gleeful at the prospect of one of the best, if not the best software developer in the industry doing bad.

.

you really need to quote actual posts when saying shit like that. AFAIK, nobody is happy that the wii u is a pos and handheld gaming in decline.
 

E-phonk

Banned
I bought Fez on PSN last week and I can play it on PS3, PS4, or Vita with my save automatically carrying over between them.
I pre-ordered mario kart 8 and will get a free full game (pikmin3/wonderful 101/monster hunter) from Nintendo.


(I agree though, their virtual console games should be shared between 3DS/WiiU/Wii)

That $10.5 billion warchest is now closer to $3.4 billion. That 2052 calculation is fantasy.

It's actually 7, if you include short-term investments etc, but that doesn't change that the warchest argument is a bit stupid.
 
gGVUkys.gif


Realistically what can Nintendo do to stop the hemorrhaging?

Fasttrack development of a new powerful console without gimmicks. Shift new Zelda and other Wii U titles that are in early development onto the new console. Launch Nov 2015 with an incredible lineup of first party titles and a machine powerful enough to run multiplatorm games as good as if not better than the PS4.
 

Shiggy

Member
Maybe. But I think it's more likely that they were already working on something, but Iwata didn't know how to sell it until earlier this year.

It's pretty unlikely that he does know now ;)

Dude, they posted their first lost in 2012. You are acting like they were losing for 10 years now.

2010:
1,252,321 mio Yen

2014:
795,215 mio Yen

In just 4 years that happened.
 

cj_iwakura

Member
So many people gleeful at the prospect of one of the best, if not the best software developer in the industry doing bad.

If Nintendo ever leaves videogames I hope all of you enjoy playing the same yearly garbage franchises that are bound to come out.

Yes, because region locking is such a pro-consumer strategy.

I won't miss them.
 

wsippel

Banned
One of the few acknowledgements from them that I have taken positively!
Nintendo acknowledged a lot of things and made many important changes in recent years (like merging IRD and RED, founding NERD, strengthening NTD and so on), but most people either don't know or simply decided to ignore them.
 
you really need to quote actual posts when saying shit like that. AFAIK, nobody is happy that the wii u is a pos and handheld gaming in decline.

Seriously

I take no pleasure in their decline. Their decisions during this time in their life is infuriating.

It seems like the only thing they have ever done well is make awesome games.

They have had Legitimate hardware triumphs though. GBA SP and DS Lite were some of the best design and conceived systems of their time.
 

Effect

Member
Fasttrack development of a new powerful console without gimmicks. Shift new Zelda and other Wii U titles that are in early development onto the new console. Launch Nov 2015 with an incredible lineup of first party titles and a machine powerful enough to run multiplatorm games as good as if not better than the PS4.

In addition actually advertise the hell out of it. All of that is worthless if they don't actively try to sell it to the masses and continually do so.
 
Why would Nintendo invest in a Bayonetta game as a 3rd party when the owner of the IP doesn't have the confidence to do so on the same market?
Why would a 3rd party Nintendo pay money to Platinum Games to make a game (W101) when they could allocate those money to their internal development teams?
What would make a DKC game succeed where a Rayman game failed?

Nintendo's buying public from the Wii and DS days still exist, they are just entirely uninterested in investing in Nintendo's hardware environment. Hence the lagging sales in some of their greatest IP, including NSMB, 3D Mario, Wii Sports, Wii Fit, DKC, and Zelda. And soon to be Mario Kart. The games are not the problem, they are as good as ever.

Nintendo has to meet their fans halfway, or they won't have any fans left. They have to start making real investments on the hardware side, or stop making hardware, there is no magical third option that exists.
 

Sulik2

Member
The rate that Nintendo is burning through their cash reserves is the most concerning thing to me. They need something to start making them money fast, or they are going to have to do layoffs for the first time.
 

SmokyDave

Member
So many people gleeful at the prospect of one of the best, if not the best software developer in the industry doing bad.

If Nintendo ever leaves videogames I hope all of you enjoy playing the same yearly garbage franchises that are bound to come out.
Yup, that's all there is in this world. The light and truth of Nintendo, or the dark, dank yearly garbage franchises.

If Nintendo went under tomorrow, it wouldn't make the slightest bit of difference to me.
 
I pre-ordered mario kart 8 and will get a free full game (pikmin3/wonderful 101/monster hunter) from Nintendo.


(I agree though, their virtual console games should be shared between 3DS/WiiU/Wii)

So what? You get free games for preordering on other consoles all the time. We are talking about unity between platforms, not bonus downloads.

If you spill a soda on your Wii U you need to file a police report to keep that "free full game" on the new Wii U you buy, that's a problem.
 

Mpl90

Two copies sold? That's not a bomb guys, stop trolling!!!
Nintendo acknowledged a lot of things and made many important changes in recent years (like merging IRD and RED, founding NERD, strengthening NTD and so on), but most people either don't know or simply decided to ignore them.

Maybe it could be a good thing to make a thread about these changes, so who don't know becomes informed. I mean, if there's enough material to do a thread about it.
 

jaosobno

Member
Nintendo should get rid of the hardware shackles and focus on what they do best in the industry (imo), making videogames. On EVERYTHING.

Yep, I fully agree. I would LOVE to play Super Mario, Mario Kart, Zelda, Metroid, etc. on my PS4 and I would buy any of those games day 1. But there is no fucking way I will ever buy a WiiU just for those games.

I understand perfectly that people who buy Nintendo hardware do so (mostly) because they want to play Nintendo games on it. But for me, there is no way I'm buying specific home console just so I can play a few games.

Also, I don't get why Nintendo refuses to release GBA and NDS hits on mobile platforms (tablets, smartphones). Surely, nobody buys those games on such old platforms, but I would bet there is a sizable audience that would love to play those games on our mobile devices. You can always keep the latest entries of games on your current flagship handheld and re-relase on mobile only after a large time window has passed.
 

codhand

Member
Fasttrack development of a new powerful console without gimmicks. Shift new Zelda and other Wii U titles that are in early development onto the new console. Launch Nov 2015 with an incredible lineup of first party titles and a machine powerful enough to run multiplatorm games as good as if not better than the PS4.

righghght.
 
Fasttrack development of a new powerful console without gimmicks. Shift new Zelda and other Wii U titles that are in early development onto the new console. Launch Nov 2015 with an incredible lineup of first party titles and a machine powerful enough to run multiplatorm games as good as if not better than the PS4.
And if they fail?
 

Shiggy

Member
Why would Nintendo invest in a Bayonetta game as a 3rd party when the owner of the IP doesn't have the confidence to do so on the same market?
Why would a 3rd party Nintendo pay money to Platinum Games to make a game (W101) when they could allocate those money to their internal development teams?
What would make a DKC game succeed where a Rayman game failed?

Why did they do so if they didn't think the games would sell well on Wii U? Do you seriously think that they fund games just for the sake of it, without even thinking about the viability of those titles? I know, this is Nintendo, and I also often question their business decisions as they seem to live within some bubble. But what you are suggesting is just insane.
 

QaaQer

Member
Fasttrack development of a new powerful console without gimmicks. Shift new Zelda and other Wii U titles that are in early development onto the new console. Launch Nov 2015 with an incredible lineup of first party titles and a machine powerful enough to run multiplatorm games as good as if not better than the PS4.

In the mobile phone industry, the fastest moving segment of consumer tech by far, it would take a minimum of 18 months to develop a from-scratch product, and be very expensive. And that is ignoring things like OS and dev tool development.

If Nintendo was to switch course and make a console that ignored their current R&D, which afaik is focused on combining the Wii U and 3DS into one architecture, it would take at least 3 years.
 

tranciful

Member
Fasttrack development of a new powerful console without gimmicks. Shift new Zelda and other Wii U titles that are in early development onto the new console. Launch Nov 2015 with an incredible lineup of first party titles and a machine powerful enough to run multiplatorm games as good as if not better than the PS4.

The problem is that Nintendo's development teams are struggling to adapt to Wii U scale.. they're experiencing the growth problems that the rest of the industry went through 6-8 years ago. It'd be even tougher for them to jump into PS4/XBO scale.

Wii made them incredibly overconfident. They totally miscalculated the Wii U appeal and didn't prepare enough for the next gen transitions.
 
Nintendo's buying public from the Wii and DS days still exist, they are just entirely uninterested in investing in Nintendo's hardware environment. Hence the lagging sales in some of their greatest IP, including NSMB, 3D Mario, Wii Sports, Wii Fit, DKC, and Zelda. And soon to be Mario Kart. The games are not the problem, they are as good as ever.

Nintendo has to meet their fans halfway, or they won't have any fans left. They have to start making real investments on the hardware side, or stop making hardware, there is no magical third option that exists.

They made the mistake of thinking that they never had to compete.

They wrote of Sony/Microsoft during the Wii days since their focus was on a different market

They wrote off Mobile/Tablets for the same reasons. Big mistake in the long term it seems as they are ill prepared to compete in either space.
 

Maxrunner

Member
Yup, that's all there is in this world. The light and truth of Nintendo, or the dark, dank yearly garbage franchises.

If Nintendo went under tomorrow, it wouldn't make the slightest bit of difference to me.

Well as long as there is the CODS and FIFAs all is well....
 

noobasuar

Banned
Yup, that's all there is in this world. The light and truth of Nintendo, or the dark, dank yearly garbage franchises.

If Nintendo went under tomorrow, it wouldn't make the slightest bit of difference to me.

Yes we all know you have no taste in games. You don't need to keep reminding us.
 

E-phonk

Banned
So what? You get free games for preordering on other consoles all the time. We are talking about unity between platforms, not bonus downloads.
And Sony started doing this - recently. They might do this with their future platform, but at them moment their platforms are build on completely different technologies.

I DO agree (once again) they should do it for their VC games though.
 

KingSnake

The Birthday Skeleton
Fasttrack development of a new powerful console without gimmicks. Shift new Zelda and other Wii U titles that are in early development onto the new console. Launch Nov 2015 with an incredible lineup of first party titles and a machine powerful enough to run multiplatorm games as good as if not better than the PS4.

What multiplatform games? Made by whom? Why would any third party invest on ports for this new console?

What launch games would this console have?

Who would buy this console? At what price? Will they buy it even without 3rd party games?

Can Nintendo survive a 2014-2015 with the costs associated to launching a new console and making the launch games?
 
So what? You get free games for preordering on other consoles all the time. We are talking about unity between platforms, not bonus downloads.

If you spill a soda on your Wii U you need to file a police report to keep that "free full game" on the new Wii U you buy, that's a problem.

That's what I meant when I said this thread is full of bulshit and fud.
 
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