Author Topic: Question about Nintendo. (Read 4846 times)

Fish · « **on:** July 27, 2003, 03:13:37 PM »

I was wondering, almost everytime someone mentions Nintendos moneys, they say they have 6 billion dollars, but in Planet gamecube news it says Nintendo has made over 15 billion on Pokemon alone, so shouldent Nintendo have way more than 6 billion?

Shdows · « **Reply #1 on:** July 27, 2003, 03:40:30 PM »

Not necesarily. They have to make all that Pokemon stuff as well, and make everything else for that matter. It's not all profit.

Grey Ninja · « **Reply #2 on:** July 27, 2003, 03:50:07 PM »

Nintendo has 6 billion dollars in CASH at all times.

They own assets that are worth a great deal more than 6 billion.

Fish · « **Reply #3 on:** July 27, 2003, 03:53:49 PM »

Oh, i see. Thank you.

And its good that you changed your Avatar Grey Ninja, i almost started to cry every time i saw it, so sad

Grey Ninja · « **Reply #4 on:** July 27, 2003, 04:12:16 PM »

Which one? This one or Kenshin?

Fish · « **Reply #5 on:** July 28, 2003, 03:59:44 AM »

The moving one, i think you had one after that and now changed it into this, the one where that dude watched me and then closed his eyes and nodded. sad...

Mario · « **Reply #6 on:** July 28, 2003, 04:22:33 AM »

Actually i remember reading in a recent article that Nintendo had 4.5 billion. Then in another article comparing Nintendo and Sony i read that Nintendo had 6.4 billion and Sony had 5.9 billion.

mouse_clicker · « **Reply #7 on:** July 28, 2003, 10:16:33 PM »

Is their 6 billion actually in cash? Economies fluctuate (especially the Japanese economy) and what's worth 6 billion today could be worth much less several years down the line. I'd assume they'd put it in a more stable medium.

cheers69 · « **Reply #8 on:** July 28, 2003, 11:07:39 PM »

who cares how much they make aslong as they make good games

Grey Ninja · « **Reply #9 on:** July 29, 2003, 05:15:29 AM »

Quote
Originally posted by: Fish
The moving one, i think you had one after that and now changed it into this, the one where that dude watched me and then closed his eyes and nodded. sad...

Heh. That was a chick actually.

I can't really say much more without giving some EXTREME spoilers for the game Xenogears.

EDIT: Mouse Clicker, that money is available instantly on demand. I would assume that it's not sitting in a huge pile somewhere, but it's definately on call in a huge bank account.

mouse_clicker · « **Reply #10 on:** July 29, 2003, 12:31:54 PM »

Meh, I guess that's good enough. I wonder what kind of security they have on that.

RickPowers · « **Reply #11 on:** July 29, 2003, 10:13:24 PM »

Dude, it's the 21st century. There's no actual "cash". It's all ones and zeros in a computer.

The six billion dollar figure bandied about is what you call "liquid assets". It's money available for operating expenses, R&D, purchases, etc. It's also worth noting that I believe Nintendo is entirely debt-free as well, a rarity in the business world.

PIAC · « **Reply #12 on:** July 29, 2003, 10:41:38 PM »

well ill be jiggered, debt free! nintendo's accountants etc need a pat on the back, and their own game

mouse_clicker · « **Reply #13 on:** July 30, 2003, 12:59:29 AM »

Still, what's worth 6 billion today could be 3 billion tomorrow- economies are going through a very turbulent time.

But when a company has failed to experience a loss in decades, I think it's expected for no debt to be present.

thecubedcanuck · « **Reply #14 on:** July 30, 2003, 02:22:32 AM »

Cash is the MOST stable way to go Mouseclicker, even though economies change quite drastically, the US greenback has proven to be very stable over time. Cash is a very loose term BTW, rick is 100% correct with the term liquid assets, the is 6 billion Nintendo can access at any time with minimal effort.

mouse_clicker · « **Reply #15 on:** July 30, 2003, 11:43:57 AM »

Well, I assumed when they said "cash", they meant "yen", and the Japanese economy isn't so stable.

And are you sure the American dollar has remained stable? Sports cars in the 50's and 60's cost something like $6,000 and that was expensive. Now they're $80,000 or more. I read somewhere the average anual income before World War I was roughly $1,200, and now it's much higher, although proportionally they're the same. That would seem to indicate the dollar's been going down steadily for most of the century.

Ryujin · « **Reply #16 on:** July 30, 2003, 11:56:08 AM »

Inflation happens almost no matter what. But inflation isn't 'economic turbulence'. It's fairly steady, and there isn't going to be a sudden decrease in cash value while Nintendo's not looking because of inflation.... And if I were Nintendo most of it would be invested, getting interest on that 6 billion.... That means on interest (if they get interest on it) they make between 120,000,000 and 300,000,000 a year

that's not bad (first figure is 2% interest, second is 5%).

mouse_clicker · « **Reply #17 on:** July 30, 2003, 12:03:08 PM »

Ah well, thanks for clearing that up for me.

And I were Nintendo, I'd make sure the interest was compound interest.

Gup · « **Reply #18 on:** July 30, 2003, 12:04:18 PM »

Quote
Originally posted by: Ryujin
And if I were Nintendo most of it would be invested, getting interest on that 6 billion.... That means on interest (if they get interest on it) they make between 120,000,000 and 300,000,000 a year that's not bad (first figure is 2% interest, second is 5%).

What do you think they're doing??? It's not like they've sticked 6 billion bucks in a bag and left it in some closet to collect dust.

Ryujin · « **Reply #19 on:** July 30, 2003, 12:12:42 PM »

Gup, you don't seem to understand posts very well... I meant that they probably have it earning interest, I never implied that they had it just sitting around...

Gup · « **Reply #20 on:** July 30, 2003, 12:16:46 PM »

Actually, if you read your own typing/writing(

), you said,"And if I were Nintendo most of it would be invested, getting interest on that 6 billion...." meaning they weren't doing so already.

Ryujin · « **Reply #21 on:** July 30, 2003, 12:22:14 PM »

Quote
Actually, if you read your own typing/writing(), you said,"And if I were Nintendo most of it would be invested, getting interest on that 6 billion...." meaning they weren't doing so already.

Actually, in my last post I accused you of not understanding the meaning of my posts. And the meaning of THAT post was that I would invest because it was a smart thing to do and I assumed they were investing... I never said I didn't think they were investing, so you just misunderstood my post as I clearly stated earlier...

News:

Author Topic: Question about Nintendo. (Read 4846 times)