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

slit

Member
I hope they have a major strategy change soon, they have to know what they're doing is not working. I don't want Ninty to go down like this.
 

Sid

Member
None, but the expectation is that if said console had similar specs and architecture to the others, it would get multiplats by default because publishers would port their game to toasters if they could.
Even then I don't think a significant portion of that crowd would buy a 3rd party game on a Nintendo system over their preferred platform.
 
Can't believe how much they turned things around for 3DS, but somehow can't do it for WiiU.
PS4/Xbone sales show there's hunger for new hardware and 3DS sales show there's life in the Nintendo brand. I just don't get it.

It's Nintendo's bizarre assumption that it can continue its slow drip feed of safe franchise installments, Mario Kart and Smash Bros, and expect that to make a difference. Neither game will significantly move the needle in the long term.

Nintendo isn't doing anything to turn the collective heads of the industry with sequels like that. They need to bring back exciting installments of series that haven't been seen in years. They need a new F-Zero that's a visual showstopper, a new StarFox that greatly expands on the classic arcade goodness, a new re-imagining of 3D Metroid, a soft reboot (gameplay-wise I mean) of Zelda, and a myriad of new IPs that are quirky and take as much advantage of the WiiU's hardware as possible. Pikmin 3 was a step in the right direction, but Nintendo failed to capitalize on that momentum. They also need something like Tomodachi Life on the WiiU. Not a port, mind you, but something equally as creative and as attention grabbing.

Mario Kart and Smash won't be games that "save" the platform. Nintendo needs to wake up and start being aggressive with their software. They're being frustratingly sluggish in kicking their software development into high gear. They're sitting on mountains of IPs and ideas that can turn heads and charge the console with new buzz and instead the best thing they can do is continue hyping Mario Kart and Smash for years?
 
Nintendo isn't Doomed, there's just no obvious way to reverse the decline. The wiiu is in terrible shape, but their handheld sector long term is in worse shape.

The 3DS is not selling like the DS, and is operating in a market where there is no real competition from Sony. The vita may as well not exist at ALL in the west.

Smartphones are just killing that market, and the decline is clear and irreversible. Smartphones are viewed as a necessity and will only get cheaper and more powerful. There is no strategy or game Nintendo can make to reverse that. Dedicated handhelds are dead men walking, the only question is time.

this. smartphones/tablets in five years will be a massive leap from what is out now. gaming on smartphones/tablets can only get better. Nintendo has to then compete with a dedicated handheld in a market were everyone owns a smartphone/tablet that'll easily be able to play games that are similar to what the Vita can offer in quality now. any big publisher could put out a hardcore or casual game capable of delivering almost console quality experiences, smartphones/tablets all the while still being a phone with apps, and other features. how does Nintendo compete?

-releasing a smartphone? sounds costly and unfruitful. i don't know any adult that would be a "Nintendo phone" compared to whats already on the established market, not to mention the amount of money competing with cell phone service providers would cost.

-releasing a high end dedicated handheld? not unless dedicated handheld gaming becomes really niche. it still has to be affordable, expensive handhelds that do nothing but game don't offer much in value compared to consoles, PC's, or tablet/smartphone gaming.

-the kids market? in five years time kids and tablet/smartphone gaming will be even more prevalent than it is now, which is saying a lot because it's already extremely mainstream. also kids are playing run-away-success type of games, which can't just be manufactured with any proven formula, so it's a constant guess as to what will become the next Angry Birds or Minecraft, either way the tablet/smartphone ecosystem seems to be getting more complex with online gaming and features, so i only think kids will become that much more invested into whatever smartphones/tablets have to offer.
And this. Handheld's market will be dead soon enough and there's no way Nintendo can compete with Apple, Samsung and all the others in the smartphone hardware business.

I never thought I would say this one day, but I think it's time (in some years) for Nintendo to move on the smartphone market by releasing their IPs on Apple Store/Google Play. Most of the games are utter shit right now anyways, so it would be good timing to lead with quality there. They could release some gaming devices too.

And Wii U never had a direction or a specific audience. I'm not even sure Nintendo really know what they're doing.

Nintendo's best bet in my opinion is transforming themselves into the Japanese Disney. make animated or live action films based on established Nintendo IP's and hire talented writers and directors to make the films a success. (ala Marvel as a recent example of how to manage a portfolio of characters.) then after a decade or so build a theme park in either Japan or the US and reap the rewards. video gaming for Nintendo is inevitably not going to work out, the console space is just not something Nintendo is going to figure out any time soon, and the handheld market is going to evaporate soon due the mobile market become more complex and versatile. so Nintendo will be left out of both the console and handheld/mobile or do terribly in both.

Nintendo would be very wise to start the process of capitalizing on its rich portfolio of characters and IP's while Nintendo is still relevant in pop culture. Movies, TV shows, and Comics would all be a great way to explore their portfolio, becoming a third party developer/publisher in gaming would also do them better if they start to be phased out of console and the handheld market in the near future.
 
Even then I don't think a significant portion of that crowd would buy a 3rd party game on a Nintendo system over their preferred platform.
The idea would be the people that have a Nintendo system as their preferred platform to buy them, I guess.

Once you're that high in a company you don't get demoted and stay around.

It's out completely or nothing.
Can't they make a "compulsory retirement" or some shit?
 

cyberheater

PS4 PS4 PS4 PS4 PS4 PS4 PS4 PS4 PS4 PS4 PS4 PS4 PS4 PS4 PS4 PS4 PS4 Xbone PS4 PS4
It was their hope that they would view gaming as an alternative to tv, reading, etc. Some probably did, but they are still playing the Wii :p.

They certainly didn't wait outside stores waiting for WiiU to be released.
 

Yamauchi

Banned
Brutal. The Segafication of Nintendo.

Wonder where they'll go next? Tablets and kids' software? Surely Iwata is not foolish enough to blow through all of Nintendo's warchest while pursuing this tired, dying business model. Course he did say he would resign if Nintendo didn't make 100B yen in profit this year...
 
Brutal. The Segafication of Nintendo.

Wonder where they'll go next? Tablets and kids' software? Surely Iwata is not foolish enough to blow through all of Nintendo's warchest while pursuing this tired, dying business model. Course he did say he would resign if Nintendo didn't make 100B yen in profit this year...

I would Much rather them go third party then Mobile

Cant imagine not having them make big budget franchise games anymore
 

Hugstable

Banned
It's Nintendo's bizarre assumption that it can continue its slow drip feed of safe franchise installments, Mario Kart and Smash Bros, and expect that to make a difference. Neither game will significantly move the needle in the long term.


The Slow drip feed of VC titles I understand, but do you really expect them to pump out games faster? It takes time for games to be made and to come out free of bugs and glitches. The 3rd parties aren't there so you see alot of holes in how often games come out on the Wii U, but Nintendo themselves has been releasing quite a bit of games on both the Wii U and 3DS themselves. If they just worked on games and rushed them out without taking the time they do, then games would all turn out like the mess that was Battlefield 4 in the beginning.
 
If I'm understanding what you're meaning, kinda like a window seat/job? Sort of like what happened to Kutaragi at Sony?

Yeah they seemingly could do that
Yeah, that's the idea. Change the leadership but no need to boot people, specially since he had a few successes under his belt
 

AniHawk

Member
Brutal. The Segafication of Nintendo.

Wonder where they'll go next? Tablets and kids' software? Surely Iwata is not foolish enough to blow through all of Nintendo's warchest while pursuing this tired, dying business model. Course he did say he would resign if Nintendo didn't make 100B yen in profit this year...

i am guessing another handheld and console, plus some sort of expansion into the fitness industry.

these are just guesses though.
 

Yamauchi

Banned
I would Much rather them go third party then Mobile

Cant imagine not having them make big budget franchise games anymore
The problem with going 3rd party is that it limits them to an industry that is already stagnant. The growth potential for the home console market is not impressive, and it seems to be very quickly dying in Japan, which is the market Nintendo focuses on.
i am guessing another handheld and console, plus some sort of expansion into the fitness industry.

these are just guesses though.
Could be, though I'd say it wouldn't be the wisest move given that Konami has already beaten them on the fitness front.
 
i am guessing another handheld and console, plus some sort of expansion into the fitness industry.

these are just guesses though.

Thats almost 100% confirmed to happen. Stated by Iwata himself this year. Fitness is just a start though, future endevours into education etc are planned as well. All still gaming related / gaming supported. Iwata wants to build up synergies and spread the portfolio, not cut it down.
 
I hope they have a major strategy change soon, they have to know what they're doing is not working. I don't want Ninty to go down like this.

Already announced. It's called QoL.

With the very low sales guidance, it's clear Nintendo has little faith in the Wii U. That's not an area of significant growth for the company.

Nintendo is just riding it out at this point.
 

Trey

Member
Even though it's killing them financially, I'm loving what they're doing. The Wii U and especially the 3DS have been great purchases for me.
 

Guevara

Member
Brutal. The Segafication of Nintendo.

Wonder where they'll go next? Tablets and kids' software? Surely Iwata is not foolish enough to blow through all of Nintendo's warchest while pursuing this tired, dying business model. Course he did say he would resign if Nintendo didn't make 100B yen in profit this year...

Unless Iwata is removed I just about guarantee Nintendo will try to release another home console. They just don't get it and they'll spend the next few years chasing the Wii success.
 

inky

Member
What I really don't understand is how the Wii U is still $450 where I live. Fucking console is over and they still can't have it at a fair price.
 
The other part I don't understand is why they have been staffing up over the last few years but their output has decreased. They must really be struggling with HD development given that they have added around 1,000 people over the last 5 years and the games are still somewhere in the ether.

They should have opened a western games studios and hired those 1000 people.
 
The Slow drip feed of VC titles I understand, but do you really expect them to pump out games faster? It takes time for games to be made and to come out free of bugs and glitches. The 3rd parties aren't there so you see alot of holes in how often games come out on the Wii U, but Nintendo themselves has been releasing quite a bit of games on both the Wii U and 3DS themselves. If they just worked on games and rushed them out without taking the time they do, then games would all turn out like the mess that was Battlefield 4 in the beginning.

They did very little at all with the Wii on the second half of its life. This first wave of new software is taking too long because they did both jack and squat to actually get comfortable with HD development, and now they're suffering a massive drought in software because they're just now doing what they should have done 5 years ago.

At this point we'll still get this drip feed, I'm sure. I don't know when they'll hit their stride and start offering a solid second wave of new titles at a much faster pace, but I guarantee they'll be spending this year's E3 stalling their Direct conference with more X news, more Smash news, more Pokemon News. If I see a solid revival of a dead series or a new, creative IP this year I'll be genuinely surprised and will gladly admit I was wrong.
 

slit

Member
Already announced. It's called QoL.

With the very low sales guidance, it's clear Nintendo has little faith in the Wii U. That's not an area of significant growth for the company.

Nintendo is just riding it out at this point.

I know about QoL but at this point those plans are pretty vague, at least publicly and anyway I meant from a more traditonal gaming perspective. I believe they are branching out but not abdoning their core business.
 
I know about QoL but at this point that plans are pretty vague, at least publicly and anyway I meant from their the more traditonal gaming perspective. I believe they are branching out but not abdoning their core business.

You said "I hope they have a major strategy change soon, they have to know what they're doing is not working."

QoL IS the major strategy change. Nintendo is going to be pursuing the same strategy with handhelds because the 3DS is at least moderately successful.

Who knows where Nintendo is going with a next console...if they're even planning on releasing another home console after the Wii U disaster.
 

Opiate

Member
It was great idea of Nintendo to appeal directly to the most unloyal demography on the planet. Good going Nintendo.

It's not like those consumers are especially or particularly disloyal -- this is just the nature of emerging markets. Think of the early days of "traditional" or "hardcore" gaming: empires rose and fell rapidly (Colecovision, Intellivision, SNK, and of course Atari. Did you know Sears made a console back in the day too?) but as markets solidify and consolidate you get increased brand loyalty and stability. There isn't any reason to think the casual market will be different, we just don't know who the long term winners will be yet. Obviously, Nintendo is not one of those long term winners.
 
Brutal. The Segafication of Nintendo.

Wonder where they'll go next? Tablets and kids' software? Surely Iwata is not foolish enough to blow through all of Nintendo's warchest while pursuing this tired, dying business model. Course he did say he would resign if Nintendo didn't make 100B yen in profit this year...
I don't recall him saying he'd resign.
I recall him saying he didn't recall saying he'd resign.
He did emphasise that he was ' commited' to make the 100bn yen, which sounds like something was at stake. Maybe now he has to shave his head.
 

slit

Member
You said "I hope they have a major strategy change soon, they have to know what they're doing is not working."
QoL IS the major strategy change. Nintendo is going to be pursuing the same strategy with handhelds because the 3DS is at least moderately successful.

Who knows where Nintendo is going with a next console...if they're even planning on releasing another home console after the Wii U disaster.

Ok, I'm saying I mispoke. I just wasn't really talking about QoL. I hope they are not done with consoles though, or at least are going the hybrid route.
 
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