DaleinCalgary
Member
If they had 7x the cash they do now they could have bought Activision-blizzard
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Nintendo is the richest company in Japan with over $11 billion in cash and no debt
- Thread starter Thick Thighs Save Lives
- Start date
- Business
tusharngf
Member
this .. but I miss the 2d castlevania games on nintendo handhelds. I hope they make another 2d Castlevania.
James Sawyer Ford
Member
Sitting on truckloads of cash isn’t a good thing necessarily.
Should do buybacks or dividends if they aren’t going to reinvest it
Should do buybacks or dividends if they aren’t going to reinvest it
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HeWhoWalks
Gold Member
How's your debt Sony?
Deerock71
Member
AREYOUOKAY?
Member
They could sit around and do nothing like Valve when it comes to making new games if they wanted to.
Cert.in.Death
Member
The real trick is convincing people to keep buying them…
DaleinCalgary
Member
correct, Nintendo would never be dumb enough to do thatNintendo to ABK:
DaleinCalgary
Member
Um no, they fuck up every 2nd generation.
Marvel14
Banned
3)Hire gaming engineering geniuses to continue to develop the best gameplay the industry has to offer.
HeWhoWalks
Gold Member
Eh, they didn't get there without losses of their own. I love Nintendo, but let's not pretend the road to success was perfectly paved.
The two most successful console manufacturers, in fact, have had their share of losses, but continue to win generations because they know how to tackle the industry. They still had to put in the work.
efyu_lemonardo
May I have a cookie?
Eh, depends how you define a fuck up. Their sales aren't always great but they are almost never in the red.
LordOcidax
Member
11 Billion is what they have in cash… Not the company value… Mario IP alone cost more than that for sure.
Tiago Rodrigues
Member
It's not just about that...Nintendo unlike Sony doesn't need $300M per huge game because they don't chase visuals the way Sony does. That has never been their thing.
The fact they have brands like Pokemon with them is also a huge plus.
I agree with your 3 points btw.
Magic Carpet
Member
That means they can afford to launch with an OLED model for the Switch 2. Right?
cinnamonandgravy
Member
love nintendo, but stuff like this always reminds me of their penny pinching crap, like removing the digital-out from late gen gamecubes, and this monstrosity:
twilo99
Member
It would’ve taken a decade to make that back tho.. the company that did buy ABK makes that money back in less than 2 years
Astral Dog
Member
And they deserve every penny
AREYOUOKAY?
Member
Nintendo to ABK:
“Mama-Mia you haven’t learned your lesson after buying Rare?”
But seriously their good talent left years ago.
rodrigolfp
Haptic Gamepads 4 Life
Where is Toyota? Is Subaru above it?
SegaSnatcher
Member
If only they realized that their future should be with Microsoft..........
Oh Phil
Oh Phil
Woopah
Member
They do have a habit of sitting on cash, but thankfully with Switch they are reinvesting a lot of the profits.
Spukc
always chasing the next thrill
I liked the game
Hudo
Member
Still looks better than PS5.love nintendo, but stuff like this always reminds me of their penny pinching crap, like removing the digital-out from late gen gamecubes, and this monstrosity:
Tiago Rodrigues
Member
That's more on japan's work culture than anything.
How many Japanese companies have those reports happening? They are really rare.
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Morrie’s wig shop
Member
Or make $300 million dollar Spider-Man sequel???
Deerock71
Member
You understand that those companies likely have debts, no? Nintendo makes toys vs. automobiles.
rodrigolfp
Haptic Gamepads 4 Life
I understand. What I don't understand is japanese.
IAmRei
Member
I saw this many times today : ))
Aion002
Member
BouncyFrag
Member
Living a life in debt is awful.
MAtgS
Member
3) is make a movie that rakes in a billion dollars.
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UltimaKilo
Gold Member
Xbox and Sony struggling and Nintendo is killing it. This is why I don’t question Nintendo!
BlackTron
Member
The same people who say "I swear whenever anyone says Nintendo is doomed/should go third party someone else comes in with the same argument about how much money they have"
Uhh, YEAH
Orbital2060
Member
JordiENP
Member
means they own their assets, have 11 billion in cash and no debt.
Elysium44
Banned
It was rhetorical, I know what it literally means, it just doesn't mean a whole lot.
List of largest Japanese companies - Wikipedia
Market cap / profits / revenue are more meaningful than a relatively small company that pointlessly amassed a few billion. (Pointlessly if they're sitting on it.)
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JordiENP
Member
it means a lot, Sony has like 14 billion in cash, but their debt is around 30 billion. Just to give you an example
Heimdall_Xtreme
Jim Ryan Fanclub's #1 Member
The photo was missing the Duracell batteries xD
“Mama-Mia you haven’t learned your lesson after buying Rare?”
But seriously their good talent left years ago.
Trogdor1123
Gold Member
When did debt become a bad thing for companies? Does Japan handle debt differently through taxes?
Deerock71
Member
Well, it might become a bad thing when you're forced to revise your income stream downward to the tune of hundreds of millions of dollars, which in turn could make your stocks take a tumble. It's tough to come up with a recent example of that happening, though.
Trogdor1123
Gold Member
That can certainly happen when a company has excessive debt but sitting on too much cash isn’t helpful either. Depends on their plans and risk tolerance I suppose.
Itchy Tickles
Neo Member
1) Exploit fans as much as possible.
2) Release a system built for like 3 games and then release refreshed versions of the console with the same power and price, but different screen and still shit controllers.
3) Charge for online and access to SOME games up to, I think, the N64 that somehow can run worse than before.
4) Still treat online as if it's some weird Japanese mythological monster that will eat your 2nd baby's hair. Crazy how far behind they are.
5) Remake / Remaster games nonstop and sell them for more than they cost originally. Some with little effort.
6) Be a Nintendo fanboy and think paying was over the odds is a sign of quality and not being stupid. Have you seen how they treat their "fans" ?
7) Games rarely go on sale (not a legal thing to do, but they have to be the worse) and stop shops in big and smaller countries from buying top up vouchers and digital games so Nintendo can over charge what they want and then act like they are doing you a favour with some shit voucher scheme. Scum.
8) There's obviously more, but congrats Nintendo! A really nice friendly company.
2) Release a system built for like 3 games and then release refreshed versions of the console with the same power and price, but different screen and still shit controllers.
3) Charge for online and access to SOME games up to, I think, the N64 that somehow can run worse than before.
4) Still treat online as if it's some weird Japanese mythological monster that will eat your 2nd baby's hair. Crazy how far behind they are.
5) Remake / Remaster games nonstop and sell them for more than they cost originally. Some with little effort.
6) Be a Nintendo fanboy and think paying was over the odds is a sign of quality and not being stupid. Have you seen how they treat their "fans" ?
7) Games rarely go on sale (not a legal thing to do, but they have to be the worse) and stop shops in big and smaller countries from buying top up vouchers and digital games so Nintendo can over charge what they want and then act like they are doing you a favour with some shit voucher scheme. Scum.
8) There's obviously more, but congrats Nintendo! A really nice friendly company.