4/24/2013

Nintendo Financials Show Tough But Profitable Year IGN All

Nintendo's results for the past financial year were released this morning, showing that Nintendo has returned to profit after last year's historic first-ever loss.


The net profit was just over 7 billion yen, equivalent to $71,350,918 - not much by Nintendo's standards. Nintendo made an operating loss of 36,410 million yen - that's $365.5 million, despite that return to profitability in terms of net and ordinary income. That means Nintendo didn't make money in day-to-day operations - much of the profit can be attributed to favourable changes in the currency markets as opposed to sales of the company's products. Last financial year the company posted a loss of $530m.


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