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

That's exactly what they say they're going to do [in their next systems]

They are already late to game as it is

And this functionality is entirely possible already on 3DS/WiiU

But maybe it is smarter to start fresh and just hang tight on the current stuff...

A damn shame. At least 3DS had a good run.
 
The number of Nintendo fans going full-on Iraqi Information Minister in here is amazing. There is an almost Fox News level of dedication to talking points.

How bad do sales have to be before some of them acknowledge that Nintendo's current strategy simply is not working?
Who says their current strategy is working?
 
The number of Nintendo fans going full-on Iraqi Information Minister in here is amazing. There is an almost Fox News level of dedication to talking points.

How bad do sales have to be before some of them acknowledge that Nintendo's current strategy simply is not working?

I'm pretty sure every Nintendo fan knows their current console situation is a mess.
 
I heard that before. It was when the GB line was phased out despite the DS being just a third pillar.

I really don't think the situation here is the same. The QOL isn't a game machine. They're even talking about how Nintendo can't only be defined by games and such. The comparison that you're implying there, in this case, would mean the end of Nintendo as a game company.
 
The yamauchi share buy back really hurt them. On the plus side it's good to see nintendo finally being realistic as far as projected wiiu sales go. It seems they have finally realised that the market has changed. On other interesting thing is the sheer amount of money spent on R&D. This suggests that they are far into the cycle of developing new machines. You don't spend several hundred million on nothing.
So it's something of a mixed bag, a big loss (with some extenuating circumstances) and low projected sales but maybe a hint of nintendo trying to put the ship right and realisic projections.

As we are talking about R&D expenses, it does not seem that the products are very far along. Otherwise these R&D costs would have been capitalised.
 
This can't be overstated. A big reason why I've never seriously considered buying a Wii U is just due to how tragically, stubbornly behind the times Nintendo is when it comes to their digital platform/account system. It's fucking shameful.

Yes. I mean when you make deal about MK8 having game chat in 2014 somethings wrong. I'm buy the bundle cause I love games(good price). In less your die hard Nintendo fan, the Wii U can never be a main console.
 
This whole "Sony and MS consoles only have generic AAA crap" bullshit simply needs to stop. I know that Nintendo fans like to pretend that Nintendo is this white knight in a dangerous land of Dudebro, but it simply isn't the case. Seriously, go look at the games that have been announced for the PS4 for example. Dozens of new IPs covering a wide range of genres, art styles, and gaming tastes.

Nintendo isn't the only company creating unique and compelling content.

90% of what's released on those platforms in the AAA space is crap though IMO.

Prove me wrong by showing me some really exciting gameplay from something coming out by the end of this year cause all I see is mostly the same generic trash we've been getting for the past 8 years.
 
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.

Bahahahhahahahah, just love the transparent saltiness.

Anyway things aren't looking great at Nintendo, the predictions are at least realistic though. I find it very hard to get optimistic about Nintendo's future prospects, especially since I'm not keen on QOL at all. The Wii-U is selling absolutely abysmally, and the 3DS is no juggernaut. If QOL busts, they're just going to be bleeding money till they get out new hardware. But damn, will Nintendo be viable in the home console market after this?

But as long as they are stubborn enough to stay in the console business, I hope to see a decent traditional console with a bit of grunt for it's time. Just a little bit, I'm not asking for much. An actual Dreamcast-like intermediary console would have been great, like a Wii-U with a 5770/6770ish GPU. That's not what we recieved.

Of course what I want isn't necessarily going to lead them to success either. Quite simply, it's just what I want to see. As long as I'm forced to buy Nintendo hardware to play any Nintendo games, I'd prefer said hardware to be fucking decent.
 
This whole "Sony and MS consoles only have generic AAA crap" bullshit simply needs to stop. I know that Nintendo fans like to pretend that Nintendo is this white knight in a dangerous land of Dudebro, but it simply isn't the case. Seriously, go look at the games that have been announced for the PS4 for example. Dozens of new IPs covering a wide range of genres, art styles, and gaming tastes.

Nintendo isn't the only company creating unique and compelling content.

I would end this line of argumentation, it's not winnable. You are exceedingly vague but if you push it you'll create list wars which is just as bad. If people say "No it doesn't" saying "Yes, it does!!" isn't really a worthwhile argument.

What I can say is Nintendo hits a ton of genres that are consistently under-represented on other consoles which I feel a segment of gamers definitely appreciate.
 
I thought we were talking cash, not total assets held.
You brought up total assets held when talking about where that cash was being spent. Investment in properties and equipment i.e. non-current assets.
How the fuck does a building decline in value? I get the stocks and companies bit, which was more about holding control from outside forces and expanding into new ventures, but buildings? Let's obfuscate the argument and move the goalposts some more shall we?
Not sure if serious.
 
The number of Nintendo fans going full-on Iraqi Information Minister in here is amazing. There is an almost Fox News level of dedication to talking points.

How bad do sales have to be before some of them acknowledge that Nintendo's current strategy simply is not working?

If you're right, Nintendo will be put in the position of being bought out or hostilely taken over by another company in several years.

Or they'll be in Sony's position of nobody wanting them due to their debt load and selling divisions for scraps.
 
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.

People need to stop being so obtuse when it comes to Nintendos accounting system It fucking sucks, PERIOD. There is no defending it and people should be demanding more from Nintendo in this day and age My freaking PSP had better onine system going for it, PSP. I had a proper store, i had download lists with proper accounting system and PSN id shared with PS3 and could redownload all day as many times as i want on a couple PSP systems if i really wanted. Oh and i could buy PSone games on PS3 and turn around and download and play it on my psp. Again let me stress so people understand how fucking behind Nintendo is, ON MY PSP.
 
The number of Nintendo fans going full-on Iraqi Information Minister in here is amazing. There is an almost Fox News level of dedication to talking points.

How bad do sales have to be before some of them acknowledge that Nintendo's current strategy simply is not working?

I'm pretty sure the part where I said "hey this isn't working, but they have to spend some cash to form a new strategy" isn't a talking point.

But please, continue to guffaw and attempt to derail the thread with your troll baiting.

Not sure if serious.
Something something depreciation and amortization.


Real estate is an absolute premium in Japan. Property prices aren't falling by any stretch.
 
I don't understand when people kept complaining that they sat on this warchest then guffaw at the warchest depleting when they actually use it to do exactly what they asked.



How the fuck does a building decline in value? I get the stocks and companies bit, which was more about holding control from outside forces and expanding into new ventures, but buildings? Let's obfuscate the argument and move the goalposts some more shall we?
Something something depreciation and amortization.
 
Well, that settled that then!

(Halo Wars?)

Obviously that doesn't count because of reasons.


Honestly though, how likely is it for Iwata to get the boot soon? I don't want it to happen but these colossal failures are reaaaally hard to ignore now.
 
I wish Nintendo would use some of the warchest money to design a not totally underpowered console with a stupid gimick.
But I'm naive.

Some new offices are way more important.

Are you crazy that will kill them. Its better if they continue to build unsuccessful consoles and lose a little bit of money each generation. I mean that way they can continue posting losses till 2050.

In all seriousness, Nintendo you need third parties....and I think third parties would want power on par with the other consoles....so please don't mess this up again.
 
this hyperbole...

do some research about the nintendo war chest plz.

Feel free to disagree that Nintendo is at risk of exiting the hardware business, but however fashionable on this board it may be - throwing the term 'hyperbolic' at that opinion is just plain lazy.

If you would bother to read, you would notice I never said Nintendo would go bust over this. A warchest doesn't guarentee hardware makes sense this next cycle.
 
I just can't help but look at Sony's new direction they have taken since they restructured.

They literally offer the best Value per dollar spent in the console space.

And its convenient fresh and streamlined.

They are inviting and relatively nimble (look at how quick feedback is implemented in their systems compared to the PS3/PSP)

Nintendo needs to rethink their stance on competing. They keep trumpeting the VALUE of their quality software which is very real.

The barriers they put up to get access to that software though.....
 
The Virtual Console, at minimum, should share across consoles and you should be able to redownload your purchases on secondary hardware through an account login. Your excuse is "Nintendo is stupid" which is not good enough.

Like agree with the VC part. The other part is not "nintendo is stupid" but "nintendo always valued BC" (and probably their in house engines), so when they had a choice between working on an improved version of their current platforms - or break with their current technology path, they made the former. This had some strategic disadvantages, mainly a huge technology gap between their handhelds and their home consoles, in addition to scalability and the use of tools by other companies that were made to work on these (modern) architectures instead of ARM and IBM powerPC processors.
 
No this is their third in a row.

Wow... Were my numbers correct ?, he wanted $100 billion profit but instead lost $232 million ?. If so he should resign or the investors should get rid, he shouldn't be allowed to be in charge of the launch of another two systems.

Bizarre, ain't it. I can only assume it's rooted in wilful ignorance. If anything, it's Nintendo systems that tend to have the narrowest libraries.

That really annoys me, their snobbery is sickening. Sony really should be praised for the extremely diverse line up of new IP even in the final year of PS3.
 
To what end though? Third party support is negligible, so the only reason why Nintendo would deliberately take the hit on these niche titles is so people have the hardware to buy their own cash-cow titles. Which seems like odd logic to me: surely their most popular franchises - the Mario Karts, the Smash Bros - are much more likely to convince people to buy the console than relatively niche titles like X and Wonderful 101.

I think the main idea is that there are people that are interested in 1-2 big Nintendo games, but don't want to buy a console just for that and to offer them more games as incentives. Of course they didn't bet on W101 to sell that bad. They probably hoped that it will sell better by bringing more "non Nintendo fans" on board together with Pikmin 3, Zelda WW HD, SM3DW during last holidays. It didn't work. The same bet is on Bayo 2 this year in a package with MK8 and SSB 4. They did this even during Wii (when they didn't have to do it) funding several small niche games.

As I said, they should have bet on FPS and sports too, that's a big omission.

And if it was about diversity, why on earth would Nintendo make so many damn 2D platform games anyway? Yes, I know Kirby is different to Donkey Kong, which is different to Yoshi, which is different to Mario, but they're all riffing on a very similar theme.

Because this is what they are good at. They should compensate this by using Monolith Soft (like they use with X), building more diverse 1st party studios and making 3rd party collaborations, as they try now.
 
I wish Nintendo would use some of the warchest money to design a not totally underpowered console with a stupid gimick.
But I'm naive.

Some new offices are way more important.

The warchest nonsense I always hear about is hilarious. Why are we, as consumers, trying to act like this warchest is benefiting us or masking the problem that continues to exist?

The first thing that comes to mind whenever I see this annoying term is that Nintendo (Wii U/3DS) and Sony (PS3/PS4/Vita/PC) has far more exclusives than Microsoft and their "warchest" (combine Nintendo/Sony and they're still a small percentage of Microsoft). There isn't any excuse for them to not have many games as the other companies since they were only supporting the 360 and now only the Xbox One.

So why is this warchest not allowing MS to have better hardware or keep up with the overall software output of Nintendo/Sony? The hardware situation applies to Nintendo.
 
Fair enough. I was thinking more of the turn based variety since RTS' don't interest me.
Honestly dude, I don't know. I just guessed that was a strategy RPG. It's not a genre I particularly get involved with.

I stand by my original point though, both Sony and MS consoles have more diversity in their libraries than Nintendo consoles.

90% of what's released on those platforms in the AAA space is crap though IMO.

Prove me wrong by showing me some really exciting gameplay from something coming out by the end of this year cause all I see is mostly the same generic trash we've been getting for the past 8 years.
There's no need to prove you wrong. You're in a minority with niche tastes. Just go back over the last 8 years of GAF GoTY awards and you'll see the type of games that most people like.

It might help you find good modern games if you broke out of the 'must be AAA' mentality too.
 
the sad thing about the whole wii U fiasco is that pretty much everyone using their brain predicted it even before the console was out.
 
I just can't help but look at Sony's new direction they have taken since they restructured.

They literally offer the best Value per dollar spent in the console space.

And its convenient fresh and streamlined.

They are inviting and relatively nimble (look at how quick feedback is implemented in their systems compared to the PS3/PSP)

Nintendo needs to rethink their stance on competing. They keep trumpeting the VALUE of their quality software which is very real.

The barriers they put up to get access to that software though.....

Yes, they look incredibly nimble attached to a bleeding dinosaur that luckily their insurance division has been able to prop up such agility.

I like Sony's games division, but you can't really compare a conglomerate with many divisions to support the games division, that also happens to be a failing company overall spare insurance.
 
They won't be able to recreate the Wii's flash in the pan success and they can't compete with MS and Sony at the high end. 3rd party publishers aren't coming back to Nintendo, that ship has sailed. Mobile is being swallowed up by smart phones, all they have left are the hardcore Pokemon and Mario fans, most of whom are well past their 30s at this point and don't have the time to invest in gaming. Not trying to be a doom sayer but that's just the market environment they have to contend with.
 
This whole "Sony and MS consoles only have generic AAA crap" bullshit simply needs to stop. I know that Nintendo fans like to pretend that Nintendo is this white knight in a dangerous land of Dudebro, but it simply isn't the case. Seriously, go look at the games that have been announced for the PS4 for example. Dozens of new IPs covering a wide range of genres, art styles, and gaming tastes.

Nintendo isn't the only company creating unique and compelling content.

Yup i agree but sadly these "fights" about who has the better games will continue on. It is a shame really.
 
Yes, they look incredibly nimble attached to a bleeding dinosaur that luckily their insurance division has been able to prop up such agility.

Hey now

I am only addressing the Playstation division

Damn shame that the rest of Sony has yet to get their act together.. But thats a really complicated beast man
 
90% of what's released on those platforms in the AAA space is crap though IMO.

Prove me wrong by showing me some really exciting gameplay from something coming out by the end of this year cause all I see is mostly the same generic trash we've been getting for the past 8 years.
Can you stop please? I love Nintendo to death but to ignore Mocrosoft and Sony and assume all their IP are crap is just ignorant and embarrassing. You're in a minority with your tastes.

And btw, worst case scenario for Nintendo is them going third party before being gone completely so you will always have Nintendo IP's to play.
 
I think with Mario Kart and Smash the Wii U can drag its corpse to 4 million and I think Nintendo believes this as well. They always predict way higher than the end result and have to apologize, maybe they're doing this so they can say "look! sales were over our expectations!" But that's only if they're lucky and regardless, it isn't hitting more than 4 million and that's saddening :(
 
Yes, they look incredibly nimble attached to a bleeding dinosaur that luckily their insurance division has been able to prop up such agility.

I like Sony's games division, but you can't really compare a conglomerate with many divisions to support the games division, that also happens to be a failing company overall spare insurance.

So you're not going to acknowledge the PLAYSTATION side of business? You know, the divison that brought in a profit this quarter when this when their suppose to lose money?

What does Playstation have to do with their TVs? This should be common sense when talking about video games
Reread what I said.

Playstation would not be as successful if it didn't have other divisions to prop it up early on. Now they've been able to be a success on their own, despite the majority of their other divisions completely failing. Playstation alone won't save Sony, but their insurance is keeping them afloat.
What you quoted talked about all of the right moves they made to be successful. Some of the things Nintendo has to improve really doesn't require any risks. They just have to listen and actually make moves. Not having a big business like insurance to back them up isn't necessary for some of these basic changes.
 
At this point, if Nintendo isn't convinced that those numbers justify booting Iwata, then I'm not sure they deserve to be saved.

I like Iwata

I think his heart was always in the right place. His largest flaw is his unwillingness to acknowledge his competitors and the trends/standards that were being set in motion.

In both the games space and the "new markets" he was hoping to exploit
 
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