Wouldn't that be reported as part of Nintendo's other non-operating expenses? If the Mariners themselves are private, probably can't get an exact breakdown of their balance sheet.
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Nintendo full year financial results [23.2B yen loss, 3.6M Wii U/12M 3DS forecast]
- Thread starter zomgbbqftw
- Start date
Wouldn't that be reported as part of Nintendo's other non-operating expenses? If the Mariners themselves are private, probably can't get an exact breakdown of their balance sheet.
Father_Brain
Banned
As though Nintendo hasn't already been trending sharply in that direction for the past few years? Come on.
metalslimer
Member
One of the more delusional things I've read in defense of Nintendo and that's saying something.
Right. If Nintendo is ever going to relevant in the console sector again (and I'm honestly not sure they ever will be), it will be a long time before it happens. Even assuming they magically find some gimmick that the current tech industry will not replicate and do better in 6 months, they will keep running into the same problems.
I believe 9pm EST.
airmangataosenai
Member
3.6million is still an unrealistic estimate.
Father_Brain
Banned
2.5-3.0 would be more plausible, but even that might be too optimistic.
That price estimate may take into account a $50 price drop towards the end of the year. Now if they combine that price drop with the $50 off sale we saw on bundles for Christmas 2013, I can see that moving some consoles. $199 is a good deal.
ThoughtsOfSpeaking
Banned
Football GAF
Is Iwata starting to remind you of David Moyes? That was realisation that just hit me.
You could also compare him to Arsene Wenger.
Is Iwata starting to remind you of David Moyes? That was realisation that just hit me.
You could also compare him to Arsene Wenger.
Cool, cheers mate.
MoogleWizard
Member
The previous two games in those franchises sold more than 10 and 30 million units respectively. You'd think that these new titles would move more than 3.6 million consoles, at least I hope so...
If not, then the Wii U is well and truly dead. =/
J'aime Fils-Aime
Neo Member
Wasn't New Super Mario Bros. Wii one of the biggest sellers on the Wii? That didn't do much to sell systems. I wouldn't get my hopes up on Smash or Kart.
Blackage
Member
Guess that depends on if they're system sells or, if they sold because the Wii had a stupidly large base hungry for anything decent.
Yes but most of those things could have been improved without the need to launch a new machine. Their third-party relations are bad in part because the hardware can't run the new games as easy as PS4/XO
metalslimer
Member
Maybe I'm over optimistic about this holiday (and I haven't been optimistic about anything Wii U related for a while, but I imagine they can ship half of that to Japan and the US during Q3 this year. With some channel stuffing somewhere, I would think they would be able to get close. Of course I think 3 million is a more reasonable estimate.
Aquamarine
Member
Nintendo Q4 Investor Presentation + Q&A
05/07/14 / 09:00 PM EDT
Nintendo E3 Digital Event
06/10/14 / 12:00 PM EDT
Iwata's Potential Election to the Board of Directors
Friday, June 27th, 2014
The Abominable Snowman
Member
The sequels to New Super Mario Bros and 3D Mario World/Galaxy were also on the Wii. Sometimes, franchise history isn't enough.
I do agree that Mario Kart is the biggest release on the Wii U so far, but I'm not sure if that's internet/GAF hype getting to me or genuine feelings
Imperfected
Member
3.6 million at least seems like an aggressive goal to work towards. I'm not saying he will, because "goals" and "aggression" aren't things I've come to associate with Iwata, but in general terms setting a target a little bit above your expected outcome to take a forward stance on your fiscal year plans isn't out of the question.
It's not the sort of purely delusional targets he was setting last year.
theprodigy
Member
Spieler Eins
Member
It's the first big Nintendo title showing a generational leap, so unlike the previous Mario cash-ins, even casuals are gonna understand the differences/advantages of having MK8 over the Wii game. MK will cause the most systems sold, but who knows how many, it's just one title after all.
Not sure what Smash is supposed to do, since it's gonna be another title devalued by 3DS/Wii equivalents featuring identical experiences most people are gonna be content with for several years, instead of spending 300 bucks on a version with minor HD polish.
1) Mario Kart Wii sold 35 million+ copies
2) Mario Kart as a franchise has consistently moved hardware and sold pretty strongly for Nintendo (even in the Gamecube days)
3) Mario Kart 8's praised as a good looking game and seems to be the best-looking first party title on the system.
4) The release dates have been pretty consistent so it's not nostaligia-based sales like with New Super Mario Brothers.
Father_Brain
Banned
It would help somewhat, but Nintendo's demonstrated lack of interest in doing anything to cultivate an audience for third-party core games on their consoles is a much bigger hurdle IMO. They haven't even tried since Geist, and that was nine years ago.
Imperfected
Member
Super Mario 3D World is from a franchise (3D Mario) that's sold quite well, consistently, and was praised even by many major media outlets as the best game released during its window at the very least, if not the best game of the year.
At some point you just stop banging the drum.
Pancakes R Us
Member
Really think so? I don't see that at all. If anything, I see MK as one of those titles (of the recent ones anyway) where visuals have reached a point where they can get better but it doesn't really matter given the art style.
Aquamarine
Member
Iwata is Chairman of the Board of Directors. That's where the center of his power is located.
Shareholders have to elect Mr. Iwata every year to that position because he's not royalty / Nintendo is a public company.
So on that date, we will see if the various appeasements Iwata has made to please investors (stock buyback, paycut, continuing to offer dividends) will be sufficient to keep him in power for another year.
If he doesn't get elected to the Board of Directors, he can still remain as CEO, but it would be very clear that Iwata is no longer welcome by the shareholders to run Nintendo...and the Board is supposed to act in the best wishes of their shareholders.
Quadraphonic
Member
I highlighted the important part.
Entryhazard
Banned
Actually PCs took off regarding gaming capabilities in specs only after the N64/PS1 era
Tinfoilhatsron
Banned
What? There's an election? If I was Iwata I'd be packing up right now.Nintendo Q4 Investor Presentation + Q&A
05/07/14 / 09:00 PM EDT
Nintendo E3 Digital Event
06/10/14 / 12:00 PM EDT
Iwata's Potential Election to the Board of Directors
Thursday, June 26th, 2014
Mysterious
Banned
Is he? I thought it was the old CEO of NoA before Iwata took over. Source please?
They have a vote of confidence, but he doesn't have to be removed or not if the shareholders don't vote for him.
I think he'll still barely squeak out over 50% though. They'll give him a year or two more to see the unveiling of the QoL products and the last attempt at reviving Wii U.
Imperfected
Member
The fact that they didn't shit-can him on the spot for his irresponsible and potentially unethical behavior months back makes me doubt they're going to remove him now. He hasn't done much since then to raise the ire of investors. (Granted, inaction itself could be a reason to oust him, but it seems like he gets a stay of execution on that for as long as the QoL platform remains in the Mystery Box.)
Unethical?
oh please that QOL thing is gonna flop harder then a manatee falling from a skyscraper and you know as well as I Nintendo doesn't know how to execute launches of any type successfully.
Unless of course he already has his faithful companions as the other board members...
anywho this thread has been very entertaining. I'm really curious to see how Nintendo go about handling their E3 direct this year.
in 3 hours+ time we should get some interesting comments from he-understands-us-gamers Iwata as well! Can't wait
Zombie James
Banned
Dr. Black Jack
Member
Imperfected
Member
He refused to revise projections in the face of all sane evidence to the contrary, keeping them at a level that he not only knew the company could not meet, but would in fact miss by an enormous margin. He did this despite having multiple opportunities at which projections were expected to be routinely adjusted (ie, two quarterly earnings reports), and continued to maintain the fiction right up until he legally could not do so anymore.
From the stance of business ethics, it's extremely poor behavior to mislead investors to that degree. Especially given that, in hindsight, there was absolutely no reason he should have believed his projections were still attainable.
Agree, they should have focused more in creating diversity and appealing a bit more to western tastes.
perfectchaos007
Member
If QoL fails, Nintendo's hole may be too deep to dig out of. I wish I could be confident in Nintendo's vision, but their last 3-4 years have been catastrophic aside from a couple years of 3DS success.
Doesn't that depend on how much money they're putting into it?
perfectchaos007
Member
It does, but I don't see Nintendo going anything but all out on this. In their last investors meeting, QoL was talked up quite a bit, so I imagine a hefty investment will be dropped on this as its going to be an important integral component to connect between their other consoles. This doesn't sound like it will be a half hearted 3rd pillar stab like the DS was because there's too much at stake now.
I think the main worry for Nintendo should be the ticking timer on the relevance of Mario and Zelda if kids of today completely ignore Nintendo and go with mobile gaming.
I would imagine no one wants to take over with him as the company losses money.
Iwata will be forced to step down after they announce some new hardware.
That has more to do with what Nintendo does with their handhelds and consoles and how they license their ips.
