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Posts with tag financial

Nintendo stocks rise, execs get jewel-encrusted unicorn bonuses

Or, in the case of the fellow to the right, the Tony Montana bathtub.

For those of you who've been keeping track of the business situation with Nintendo, then you've already got your party hat on and have made several copies of your butt with the Xerox machine. Nintendo's stocks are on the rise. In fact, they're at a five-month high.

What's behind this rise? Well, The Telegraph is reporting that it's due to those of us here in the United States, because we've been buying up Wiis and Nintendo products like it's going out of style. So, if you've bought a Wii or Nintendo game recently, pat yourself on the back. You're helping Nintendo prosper.

[Via GamesIndustry.biz]

Nintendo says Kirby, Animal Crossing, Super Mario Stadium this year


Nintendo of Japan just released a statement of their financial results (PDF link here) for the period from April to December of last year (spoilers: they did well) which includes a list of projected 2008 releases. Unlike the actual financial results, this bit contains some surprises! Seen above is the list for Japan.

Both Animal Crossing and some kind of new Kirby game have general "2008" release dates, as does a thankfully still-planned Disaster: Day of Crisis. Also basically new is Super Mario Stadium Family Baseball, a game about which we've heard absolutely nothing since October, and not really anything then, either. We're also quite happy to see Mario Kart Wii planned for a spring release in the U.S. and Japan, and a Q2 release in Europe.

[Via Game|Life]

Iwata: Expect more Wiis in stores this month


The whole text of Nintendo's financial results briefing is worth reading (and would be mandatory if we could assign homework), but we'd especially like to point out this quote from Satoru Iwata: "As this month's production will be sold in the worldwide markets by the end of the next month, a small increase is expected at the retail outlets from next month." We knew that Nintendo was looking into expanding production, but could we already see results?

This report is from the end of April, so "next month" probably refers to May. We hope the statement is accurate and that the supply of Wiis increases from none to some very soon!

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