Post by: Svevan on February 20, 2007, 06:28:58 AM
A report from Reuters today states that Japanese toy maker Tomy has cut its annual profit forecast from 5 billion yen to 1.7 billion yen, blaming high sales of Nintendo's Wii and DS game systems for diminishing toy sales.
Tomy says that Nintendo's video game systems have replaced demand for these toys among young boys. Tomy manufactures cards, action figures, and other traditional toys based on licensed media such as movies and television.
Post by: Arbok on February 20, 2007, 06:39:23 AM
Oddly enough, could be both consider that Tomy does dabble in stuff like Pokémon toys, although not nearly to the degree that Bandai did, so propping up Nintendo in this case wouldn't be all bad for them.
Post by: WuTangTurtle on February 20, 2007, 06:47:03 AM
Post by: Kairon on February 20, 2007, 07:09:32 AM
~Carmine "Cai" M. Red
Kairon@aol.com
Post by: JonLeung on February 20, 2007, 07:21:46 AM
Movie attendance is down because of video games, supposedly. I used to work at Playdium, where it was often discussed that any video arcade (or variation of one) had low attendance because of home video games. And, of course, violence, particularly among young people. Dumb, dumb, dumb.
But they're blaming Nintendo specifically for their bad toy sales? As already mentioned, that's another PR boost for Nintendo! :P
Toys ARE pretty cool these days, actually. Some of them, anyway. Maybe 'cause I don't remember anybody having Power Wheels when I was a kid. I was totally into Transformers (G1), but that took a while to slow down even after I got a NES.
Post by: Smash_Brother on February 20, 2007, 07:52:04 AM
Post by: NWR_pap64 on February 20, 2007, 08:31:59 AM
Quote
Originally posted by: Smash_Brother
Isn't Tomy's name all over the Naruto games which are exclusively on GC, GBA, DS and now Wii?!
You're right, my ape friend. They publish all the popular Naruto games on the Nintendo consoles (if I am not mistaken), so they should still be getting some profit.
Oh and I have to tell this to Tomy...
Cards were outlawed the day they invented good graphics.
Post by: jg233 on February 20, 2007, 09:03:48 AM
Post by: Terranigma Freak on February 20, 2007, 09:04:19 AM
Post by: King of Twitch on February 20, 2007, 09:14:14 AM
Post by: Maximilian on February 20, 2007, 09:41:35 AM
Anyway, I just want to say "oh, cry" for Tomy. It's crazy that they're blaming Nintendo specifically, though I think it's not only promotion but the fact that DS fricking owns Japan and the Wii is off to an excellent start there as well.
Post by: Blue Plant on February 20, 2007, 10:36:13 AM
Post by: Infernal Monkey on February 20, 2007, 11:43:49 AM
Quote
Tomy manufactures ultra expensive cards, action figures, and other outdated overpriced toys based on licensed media such as Naruto and Naruto.
There we go!
Post by: Jome20 on February 20, 2007, 01:17:34 PM
Post by: Mario323 on February 20, 2007, 02:52:41 PM
(PS: who is Tomy?)
Post by: NWR_pap64 on February 20, 2007, 03:05:09 PM
Quote
Originally posted by: Jome20
It is kinda funny that Tomy would specifically blame Nintendo for their lack of sales. I find this pretty amusing. But I won't be laughing if Tomy is seriously upset about this and ends up pulling their support for Nintendo and takes away their Naruto games. The Naruto fighting games are awesome, especially the 3rd and fourth one. I can't wait for the fifth one which presumably will be on the Wii.
I doubt it will go that far. Their most profitable projects HAVE been the Naruto games on the Nintendo consoles. How can you stop supporting the company that also proves to be the most profitable?
Post by: UniversalJuan on February 20, 2007, 03:55:19 PM
Quote
Originally posted by: pap64Quote
Originally posted by: Jome20
It is kinda funny that Tomy would specifically blame Nintendo for their lack of sales. I find this pretty amusing. But I won't be laughing if Tomy is seriously upset about this and ends up pulling their support for Nintendo and takes away their Naruto games. The Naruto fighting games are awesome, especially the 3rd and fourth one. I can't wait for the fifth one which presumably will be on the Wii.
I doubt it will go that far. Their most profitable projects HAVE been the Naruto games on the Nintendo consoles. How can you stop supporting the company that also proves to be the most profitable?
Simple, you take business lessons from SEGA.
Post by: Podings on February 20, 2007, 09:20:16 PM
It is, however, not very admirable of them company-wise to blame someone with a completely different product for their own lack of success. They're the ones in the action figure business, THEY figure out how to sell more action figures.
If they were to disrupt the toy business altogether, like Nintendo did, I bet they too would be pretty pleased with themselves.
