How Much is Nintendo Really Worth? (Clue: Very Much)

News Type: Event — Seeded on Sat Nov 25, 2006 9:37 AM EST

Article Source: Joystiq

entertainment, video-games, gaming, nintendo, gamevine, wii, financial-statement, ds-fiscal-earnings

The "journalists" over at Joystiq.com got their hands on Nintendo's financial statement which was hid in plain site on their Japanese web site.

According to the report, 'The house that Mario built' seems to be wallpapered with dollars and spackled with yen as they are currently sitting on net assets totaling $10.86 billion. That can afford them a lot of family-friendly acquisitions.

They also state that by the end fiscal year (March 31st, 2007) they are projecting net sales to be $6.378 billion dollars (before taxes). I guess when your companies history spans three centuries you pick up a couple of good business practices.

Since everyone in the world will own/want a Wii or DS by next Christmas my only advice to you is purchase Nintendo stock and then be subservient to your new digital master because they are on par to rule to world.

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1.5

{"commentId":396700,"authorDomain":"russrenshaw"}

Russ R.

Here is the actual 28 page report. Be warned though that it is a large PDF document.

{"commentId":396700,"threadId":"57017","contentId":"456645","authorDomain":"russrenshaw"}

1 vote

#1 - Sat Nov 25, 2006 9:39 AM EST

{"commentId":397357,"authorDomain":"ultimategfx"}

Mike B

Dang.

I didn't think they had that much still saved up in the Piggy Bank.

{"commentId":397357,"threadId":"57017","contentId":"456645","authorDomain":"ultimategfx"}

1 vote

#2 - Sat Nov 25, 2006 7:51 PM EST

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Nintendo Wii Sales Top 600,000 in U.S.	Associated Press	Mon Nov 27	10
Third-party Wii Component Cables for Under $7	Joystiq	Mon Nov 27	2
Virtual Console Roundup: Rating Wii's Classics Collection from 1UP.com	1up.com	Wed Nov 22	0
Nintendo Says You Need To Be In Shape To Play The Wii	Gizmodo	Mon Nov 27	0

RUSS R.

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How Much is Nintendo Really Worth? (Clue: Very Much)

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