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

Cygnus X-1

Member
I agree completely. Iwata seems to think the problem is at the margins, when this is clearly a failing of core competency.

Somehow I wonder what Yamauchi saw in this man. He had a lifetime experience in that industry and he judged Iwata was the best man within Nintendo to take over.

More on your subject, the problem in creating a change in core business is that Nintendo is a specialized industry with little or nothing experience outside this field. Changing a company requires years; yet, change is imperative and needs to be done in the short term.

In my opinion, it is impossible for Nintendo and especially the culture within Nintendo to change that radically in such a short time and keep productivity levels to high standard. One of the biggest problem smartphones introduced is the massive increase in the adaption rate for surviving in that market.

People keep saying that Wii and DS were the result of Nintendo catching a light in a bottle - but it is wrong. Wii and DS were the result of hard work in commercials, relatively low price, and innovation where innovation was necessary. And loads of hype. The reason why Wii U failed is because people don't find it interesting enough - it doesn't have anything obvious that the consumer would want to purchase immediately or that can make it appear special. Everyone wanted to swing a Wii Remote imaging to play tennis or wielding a sword. Nobody was interested in another tablet, since countless tables are on the market.

In the end.....this is really the core problem for the mass market. All other problems so much mentioned here are also true, but they are not the determining factor.

So, the solution for Nintendo to exist is to bring to the market something the market has yet to see.
 
As though Nintendo hasn't already been trending sharply in that direction for the past few years? Come on.
They've recently manage to produce games like Pikmin 3, Rusty's Real Deal Baseball, Wonderful 101, Pushmo, and Wii Sports Club so I'm not sure that's really the case.
A third party Nintendo would have to get rid of a huge chunk of their business, and they'd be competing on two consoles where the audience doesn't even want their style of games. So it makes sense that they'd probably rely on their best sellers. Mario, and Pokemon are a given. The others...not so much. Zelda could probably be retooled to appeal even more to westerners, but that might be costly. I doubt third party Nintendo would want to take that risk.
 

Coolwhip

Banned
They've recently manage to produce games like Pikmin 3, Rusty's Real Deal Baseball, Wonderful 101, Pushmo, and Wii Sports Club so I'm not sure that's really the case.
A third party Nintendo would have to get rid of a huge chunk of their business, and they'd be competing on two consoles where the audience doesn't even want their style of games. So it makes sense that they'd probably rely on their best sellers. Mario, and Pokemon are a given. The others...not so much. Zelda could probably be retooled to appeal even more to westerners, but that might be costly. I doubt third party Nintendo would want to take that risk.

Meh, this argument is so weak. And the examples you give, Wii Sports Club? Really?

You know what's costly? Producing sub par hardware and ecosystems and noone buying them.
 

AniHawk

Member
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.

i sincerely hope no one is of the belief that there's any reviving the wii u.
 

Cygnus X-1

Member
One of the best investment Nintendo did is to put the software department and the hardware team under the same roof. Games produced within Nintendo haven't gotten bad quality wise. They still produce incredible software, although the franchises are overused. The problem lies in the hardware-tech, which is what the consumer has to buy first.
 

kadotsu

Banned
console division could bounce back. the wii u is a pretty bad product from many different angles.

What angle make a Nintendo console marketable? A console with current gen specs would still have a shit OS, network and no 3rd party support. Unless they get the next Wii like phenom their consoles will go down the Sega Abyss of shorter lifespans and smaller audiences.

The only angle I see is to merge the portable and the home console, which they are rumored to do. I hope they succeed with it and don't get killed by mobiles on the low end and current-gen on the high end.
 
Meh, this argument is so weak. And the examples you give, Wii Sports Club? Really?

You know what's costly? Producing sub par hardware and ecosystems and noone buying them.
How is it a weak argument? They don't only make Mario/Pokemon, that whole idea is some ignorant gamefaqs bs.
Also,They'd be destroying their hardware business to compete on consoles where their games won't sell. The audience on PS3, and 360 didn't want to play "Nintendo-like" games and I doubt anyone with a PS4 would want to either.

The PS4 is successful because SONY had a clear vision. They targeted a specific demo(Young western men), and struck gold. PS4's audience wants Skyrim, CoD, and Fifa not Mario. A third party Nintendo will never ever make any sort of sense(At least in SONY/MS's ecostytem.) They'd be better off turning eShop into steam on PCs.

What angle make a Nintendo console marketable? A console with current gen specs would still have a shit OS, network and no 3rd party support. Unless they get the next Wii like phenom their consoles will go down the Sega Abyss of shorter lifespans and smaller audiences.

The only angle I see is to merge the portable and the home console, which they are rumored to do. I hope they succeed with it and don't get killed by mobiles on the low end and current-gen on the high end.
They're rumored to be merging they're portable, and home console's ecosystems. They're not going to make some stupid hybrid console that no one will want.
 
i sincerely hope no one is of the belief that there's any reviving the wii u.
No one is, not even Nintendo, as evidenced by this FY's estimated shipments. Anyone that thinks the system may have a revival is delusional at this point, because you just know the shit has hit the fan when even Nintendo is finally admitting defeat by way of these shipment numbers.
 
People keep saying that Wii and DS were the result of Nintendo catching a light in a bottle - but it is wrong. Wii and DS were the result of hard work in commercials, relatively low price, and innovation where innovation was necessary. And loads of hype. The reason why Wii U failed is because people don't find it interesting enough - it doesn't have anything obvious that the consumer would want to purchase immediately or that can make it appear special. Everyone wanted to swing a Wii Remote imaging to play tennis or wielding a sword. Nobody was interested in another tablet, since countless tables are on the market.

What do you think people meant by "catching a light in a bottle?" What you described is exactly what they meant. It's not easy to reproduce those conditions and circumstance, which is partially why the Wii U has failed to catch on.
 

Pwnsweet

Banned
It says a lot about a console when you have enough time to create this post while you're waiting for it to load up the system settings...
 
R

Rösti

Unconfirmed Member
since i doubt there's a stream,whn we can realistically expect some info about this investor presentation?
David Gibson usually tweets live from these events, I'm quite sure he will do it this time around as well.

https://twitter.com/gibbogame

The slides are usually uploaded to the IR page quite quickly once the presentation is over.
 
What angle make a Nintendo console marketable? A console with current gen specs would still have a shit OS, network and no 3rd party support.

Well, the first thing that they can do it get rid of their shitty and snobby attitude that they have when it comes to third party developers and how they seemingly feel that they don't need them. The Wii U should be a big wakeup call to them that their own IP's are not enough to carry a console. And that the most hardcore Nintendo fans aren't enough to carry it along either. They need third party developers and they need gamers that are interested in more than Nintendo's established IP's.
 

Elija2

Member
How is it a weak argument? They don't only make Mario/Pokemon, that whole idea is some ignorant gamefaqs bs.
Also,They'd be destroying their hardware business to compete on consoles where their games won't sell. The audience on PS3, and 360 didn't want to play "Nintendo-like" games and I doubt anyone with a PS4 would want to either.

The PS4 is successful because SONY had a clear vision. They targeted a specific demo(Young western men), and struck gold. PS4's audience wants Skyrim, CoD, and Fifa not Mario. A third party Nintendo will never ever make any sort of sense. They'd be better off turning eShop into steam on PCs.

I think the point is that if Nintendo went third-party they would retire their hardware division and move completely to making games for other consoles. In that case, it makes sense that Nintendo's audience would follow them to the other consoles and continue to buy their games. Plus they would have a new audience that doesn't buy Nintendo consoles but is still interested in their games. So if anything they could only sell more games.
 

Oriel

Member
Wii U is Nintendo's Saturn. I wouldn't be surprised if they decide to prematurely end production of the console and move towards a true "next gen" console, certainly something that can rival the Xbone and PS4.
 
Is he? I thought it was the old CEO of NoA before Iwata took over. Source please?

My word isn't good enough? :p

Here is the composure of the Board of Directors:

V31f8UU.png



Here are the changes that Iwata is planning to make in the Shareholder election in June:

Zed3312.png




Results from last year:


岩田 聡 772,384 218,960 2,164 77.26 可決
Satoru Iwata
Approve: 772,384
Oppose: 218,960
Approval Rating: 77.26%

竹田 玄洋 927,081 64,265 2,164 92.73 可決
Genyo Takeda
Approve: 927,081
Oppose: 64,265
Approval Rating: 92.73%

宮本 茂 927,149 64,197 2,164 92.74 可決
Shigeru Miyamoto
Approve: 927,149
Oppose: 64,197
Approval Rating: 92.74%

君島 達己 927,930 63,418 2,164 92.82 可決
Tatsumi Kimishima
Approve: 927,930
Oppose: 63,418
Approval Rating: 92.82%

竹村 薫 927,931 63,417 2,164 92.82 可決
Kaoru Takemura
Approve: 927,931
Oppose: 63,417
Approval Rating: 92.82%

髙橋 成行 936,553 54,795 2,164 93.68 可決
Shigeyuki Takahashi
Approve: 936,553
Oppose: 54,795
Approval Rating: 93.68%

大和 聡 936,628 54,720 2,164 93.69 可決
Satoshi Yamato
Approve: 936,628
Oppose: 54,720
Approval Rating: 93.69%

田中 晋 936,635 54,713 2,164 93.69 可決
Susumu Tanaka
Approve: 936,635
Oppose: 54,713
Approval Rating: 93.69%

高橋 伸也 936,609 54,739 2,164 93.69 可決
Shinya Takahashi
Approve: 936,609
Oppose: 54,739
Approval Rating: 93.69%

進士 仁一 936,576 54,772 2,164 93.68 可決
Hirokazu Shinshi
Approve: 936,576
Oppose: 54,772
Approval Rating: 93.68%



Historical Results:


Iwata, 2010:
Approve: 952,201
Oppose: 19,072
Approval Rating: 96.74%

Iwata, 2011:
Approve: 932,379
Oppose: 48,339
Approval Rating: 92.89%

Iwata, 2012:
Approve: 913,453
Oppose: 83,740
Approval Rating: 90.60%

Iwata, 2013:
Approve: 772,384
Oppose: 218,960
Approval Rating: 77.26%
 

prag16

Banned
It says a lot about a console when you have enough time to create this post while you're waiting for it to load up the system settings...

You had made only 5 posts in 5 years... and this was important enough to dust off your keyboard and make it your 6th? It doesn't even have anything to do (except very tangentially) to the topic.


ANYWAY on topic, this has probably been asked, but can we expect updates tonight from someone with insight into the proceedings, or is this something that will take longer to materialize?

EDIT: Ah, missed this one; cool:

Rösti;111017284 said:
David Gibson usually tweets live from these events, I'm quite sure he will do it this time around as well.

https://twitter.com/gibbogame

The slides are usually uploaded to the IR page quite quickly once the presentation is over.
 

KingSnake

The Birthday Skeleton
I think the point is that if Nintendo went third-party they would retire their hardware division and move completely to making games for other consoles. In that case, it makes sense that Nintendo's audience would follow them to the other consoles and continue to buy their games. Plus they would have a new audience that doesn't buy Nintendo consoles but is still interested in their games. So if anything they could only sell more games.

The point is that the Nintendo console audience is not enough at this moment and with the current costs for console developments to support more than the big IPs like Mario platformers, MK, SSB, Pokemon and Zelda. Unless we expect the handheld audience to move to console and pay full console price for games.
As for the rest of audience for Nintendo type of games the sales of Rayman Legends speak for themselves.
 

Cygnus X-1

Member
What angle make a Nintendo console marketable? A console with current gen specs would still have a shit OS, network and no 3rd party support. Unless they get the next Wii like phenom their consoles will go down the Sega Abyss of shorter lifespans and smaller audiences.

The only angle I see is to merge the portable and the home console, which they are rumored to do. I hope they succeed with it and don't get killed by mobiles on the low end and current-gen on the high end.

The process probably started very recently. They moved in the new building in february of this year. By now, everything should be set and discussion on the next home and portable system should be on their way. Well, this is how I would have planned things.

I think it will be fascinating. This is the first time hardware and software teams will work so closely and this will probably result in a different hardware architecture with unified OS and a software conceived more in function of the hardware. Also, I expect the entire process to be faster because of increased efficiency.
 

Coolwhip

Banned
You had made only 5 posts in 7 years... and this was important enough to dust off your keyboard and make it your 6th? It doesn't even have anything to do (except very tangentially) to the topic.


ANYWAY on topic, this has probably been asked, but can we expect updates tonight from someone with insight into the proceedings, or is this something that will take longer to materialize?

EDIT: Ah, missed this one; cool:

He made 6 posts in 5 years. Hard to imagine that really.
 

RiggyRob

Member
My word isn't good enough? :p

Here is the composure of the Board of Directors:

V31f8UU.png



Here are the changes that Iwata is planning to make in the Shareholder election in June:

Zed3312.png




Results from last year:






Historical Results:


Iwata, 2010:
Approve: 952,201
Oppose: 19,072
Approval Rating: 96.74%

Iwata, 2011:
Approve: 932,379
Oppose: 48,339
Approval Rating: 92.89%

Iwata, 2012:
Approve: 913,453
Oppose: 83,740
Approval Rating: 90.60%

Iwata, 2013:
Approve: 772,384
Oppose: 218,960
Approval Rating: 77.26%

So theoretically, if Nintendo decided to fire Iwata / Iwata resigned and they appointed someone from within the company to President, Miyamoto is the most likely candidate to replace him? Or is that just a list of the board members who elect the President / show approval for them?
 

atr0cious

Member
certainly something that can rival the Xbone and PS4.

If you look at the Mario Kart trailers, it looks like they think the Wii U already does that, so you should expect something cheaper next time. Nintendo has the most famous game IPs on the planet, they'll probably just turtle up, and use all the indie connects they have now to be their own little ecosystem. I expect the QoL to be a roku like device, that will sync up with the next generation of hardware, both handheld and home console.
 
So theoretically, if Nintendo decided to fire Iwata / Iwata resigned and they appointed someone from within the company to President, Miyamoto is the most likely candidate to replace him? Or is that just a list of the board members who elect the President / show approval for them?

Miyamoto is not even remotely likely to become CEO if Iwata were to get the boot. He's as much to blame as Iwata for Nintendo's current situation.
 

prag16

Banned
I wonder if at this point it even makes sense to make Wii U games. Maybe they should just move everything to the 3DS.

The two years of absolute zero (aside from Skyward Sword) output for Wii leading up to the Wii U launch definitely hurt Nintendo.

Even with the Wii U being a losing proposition, repeating that mistake wouldn't be a great idea.
 
The two years of absolute zero (aside from Skyward Sword) output for Wii leading up to the Wii U launch definitely hurt Nintendo.

Even with the Wii U being a losing proposition, repeating that mistake wouldn't be a great idea.

I actually don't think so. I don't think the next console will have any relation to what happens with Wii U besides the fact that Nintendo's console division is in the shitter. I mean I don't think they should pull support completely, but just putting any more huge resources into the system is really not going to benefit Nintendo.
 

Cygnus X-1

Member
My word isn't good enough? :p

Here is the composure of the Board of Directors:

V31f8UU.png

Iwata needs to put at least one NOA representative in that board of directors. The weakness of non-Japan representatives is one of the main reason they completely failed to understand the storm who was approaching them.
 
I think the point is that if Nintendo went third-party they would retire their hardware division and move completely to making games for other consoles. In that case, it makes sense that Nintendo's audience would follow them to the other consoles and continue to buy their games. Plus they would have a new audience that doesn't buy Nintendo consoles but is still interested in their games. So if anything they could only sell more games.
I can understand the idea of the "Nintendo Core" following them where ever they go. However, if one is going to suggest that Nintendo "go third party" why not on one of the dreaded mobile platforms or PC? Again, the family/casual/kid market doesn't exist on SONY, and MS's consoles. They'd gain nothing from being on an Xbox or Playstation.
Tbh, they'd gain nothing from dismantling their hardware business. None of these scenarios would make sense in the long run.
 
This is extremely ironic given your avatar.

Nintendo only software would mean the death of Metroid for sure.

Actually, some of Nintendo's core IPs like Metroid would probably flourish more on other systems. Of course, whether or not they would have the resources to bother with it is another question.
 
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