Nintendo posted the first loss in the company’s history at the end of the last financial year, which is notable for a couple of reasons. For starters, the fact that in a fickle industry like video games they’ve run at a profit for 30 years without a hiccup is pretty impressive. Second, the fact that even a dependable giant like Nintendo can be brought low – to the tune of 43.2 billion yen – suggests that something big is up.
There have been plenty of theories about why this happened. The most prosaic is simply that the strength of the yen, especially versus the US dollar, has stripped the guts from the company's overseas profits. It’s certainly been a contributing factor, one that’s weakened Japanese manufacturers in general, but not to the same degree as Nintendo.
The shelves in your local game store have the answer.
The rejection is non-final (and even when such rejections are labeled as “final”, the process is far from over, given that there can be, at minimum, an appeal to the Federal Circuit).
Good, as they should! A game mechanic like that shouldn't be locked behind a patent, and Nintendo didn't invent it either.
Nintendo wants to keep wasting money on bullshit lawsuits, real smart in this economy. They should put that money aside for other game projects. On the other hand, I don't care if they waste it all either, and they are screwed in the future maybe that will teach them a lesson.
Nintendo completed its share repurchase and set its secondary offering price at 8,347 yen ahead of March 16 delivery.
Nintendo filed a lawsuit in the United States Court of International Trade.
Nintendo of America is suing the United States government over the sweeping tariffs President Donald Trump put in place last year, according to a complaint filed Friday in the U.S. Court of International Trade and obtained by Aftermath.
The fact that you have ANY disagrees will forever baffle me. And to the (apparent) MAGA contingent that exists on this website, enjoy your 8-9 dollar gas.
Yes, they had better be pissed after Trump told them the way they rip off the USA is over.
LOL I read this on gaff, will they refund the money back to the gamers? highly unlikely. Didn't they just raise prices and pass it onto the gamers? Only Nintendo would send out the Ninjas to the US government.
That’s what I was thinking, imagine them winning hypothetically, getting a s**t load of money back which they would have lost if they hadn’t raised their prices and it’s business as normal.
It would just mean people paid more for no reason since they got the money back anyway.
A lot of companies partially passed the cost to consumers instead of all of it. They would still have to at least pay that back to gamers, but we know that won't happen. What's also sad is that prices won't come back down after the initial hike caused by tariffs.
People didn't understand the full repercussions of tariffs. That alone should have cost him the presidency if people knew it was a permanent price hike for consumers
Naw they should sue the government for forcing the tax to begin with. No one reasonably expects these companies to absorb the taxes. Many smaller companies tried and were shut down or faced to increase prices to try to maintain their business. The tariffs effect everyone.
I meant it mostly as a joke cause we all know the costs of these tariffs were passed onto the consumer. But it's seems no matter how vocal we are here in the states our "representatives" don't seem to care enough to represent us. And things are about to get worse.
The companies were doing what the law required then to do, the tariffs however were illegally implemented. Usually it's criminals we punish, you seem to have different ideas 🤷♂️
Seriously? Just one year an Nintendo is already in trouble... Please..
Nintendo is fine and will continue to do well. The Wii is just in its final legs at this point. Not that many frst party support, and third party is just scare. The latest Zelda game has given the console much neede attention, but even so that and the latest Dragon Quest will mark the beginning of a transition between the Wii ad the next console.
Ugh, hard to express myself when high.
1 year of losses and all the sudden they're doomed?
Sony just posted a 6.2 billion lost, and then just this month it was reported that they lost 2.8 billion from the PLAYSTATION division. They also cut 10,000 employees, closed a couple of studios, and reported that they haven't made a profit within the last FOUR years.
But you're writing about Nintendo over a 500 MILLION (not billion) loss? People are worried about the wrong company.
Not that I want Sony to go under, I love Sony and their products. Just saying, there's a company out there that's taking it 50x worse than Nintendo is right now so we should be worried about THEM.
Nintendo is the godfather of innovation and Elite gaming.
Basically meaning that the Nintendo brand is too educated and well respected to lay in its final resting place.
The Nintendo 3DS entertainment system is destroying its moderate handheld competition, and the Nintendo Wii U entertainment system is months away from being released to the world.
The Nintendo award winning 1st party exclusive content will steal the spotlight of E3 2012, and cement a place in gamers hearts and souls worldwide. Just as they have been doing since the beginning of gaming time. Next generation will be no different. Once again nay sayers will be handed a full high calorie plate full of crow to chew on.
One mediocre financial loss (first ever) will do nothing to bring down the Nintendo Brand.
Just as Shok mentioned above, there are other gaming brands out there that are in far worse trouble than industry leader Nintendo. This flaming article has a target painted on the wrong team as far as financial struggles go. Anyone who has read an article or two knows there is another brand doing far worse than Nintendo financially at the moment.
E3 will arrive, we Elite Nintendo gamers will experience pure Nintendo greatness, Lord Miyamoto will bless us with new content, and we will carry on with our gaming lives. Have a blessed day and happy gaming.
Rated E For Everyone
If I hear one more F*cking article bout the damn ipad/iphone eating sales of not just games, freaking everything(Movie theaters, Phones, Cameras, Games, Books, Ereaders, MP3's, laptops, pianos, iced T, Beds, Clothes, etc...), I might just punch somebody in the face. Just because it has the feature, doesn't make the original feature is obsolete, especially when the original feature is 10x better.