InfoAnda - Nintendo on roll on Wii, but cautious on high yen

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Putin announces more aid as Russia exits crisis | International | | 21 November 2009
Honduran leader offers to leave if Zelaya steps aside | 8 October 2009
Soaked Australia focuses on flood clean-up | 16 January 2011

Spain's canny chefs cook for credit crunch | 19 January 2009

">Forum Views () ">Forum Replies ()

Read more with google mobile : Nintendo on roll on Wii, but cautious on high yen

Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: Nintendo on roll on Wii, but cautious on high yen By YURI KAGEYAMA,AP Business Writer AP - Tuesday, May 5 TOKYO - Japanese video game and console maker Nintendo Co. reports fiscal fourth quarter earnings on Thursday. The following is a summary of key developments and analyst opinion related to the period. ADVERTISEMENT OVERVIEW: Unlike other major Japanese manufacturers battered by the global slowdown, Nintendo has racked up solid sales of its machines, the Wii home console and the DS portable, appearing to underline the often-expressed view of President Satoru Iwata that Nintendo is relatively recession-free. In recent months, the Kyoto-based maker of Pokemon and Super Mario games has fixed its chronic supply shortage problem, allowing production to catch up with booming demand. The only exception appears to be Japan, a notoriously trend-conscious market, where sales momentum for the Wii is gradually running out. Game software scheduled to go on sale in upcoming weeks may help reverse that. Another danger is the strong yen, which trims the value of overseas earnings, and Nintendo makes more than 85 percent of its sales overseas. On the plus side is the DSi, the upgrade of the popular handheld game device, which went on sale in Japan late last year and last month in the U.S. and Europe. BY THE NUMBERS: Nintendo has lowered its forecasts for the fiscal year to account for the strong yen as well as the global slowdown. Nintendo is expecting a net profit of 230 billion yen ($2.3 billion) for the fiscal year ending March 31, down 10.6 percent from the previous year and below its earlier forecast for a 345 billion yen profit. Sales are expected to grow 8.8 percent to 1.82 trillion yen, but below its previous forecast for 2 trillion yen sales. Analysts surveyed by Thomson Reuters, on average, expect fiscal year profit of 245.6 billion yen. It is also lowering its Wii shipment forecast for the fiscal year that ended March to 26.5 million from 27.5 million. But it's bullish on the DSi, expecting to ship 31.5 million machines during the fiscal year, 1 million more than the initial forecast. Nintendo has sold more than 50 million Wii consoles worldwide since late 2006, and more than 100 million DS machines cumulative worldwide. ANALYST TAKE: Nomura Securities Co. remains bullish on Nintendo, shrugging off the year-on-year decline in U.S. unit sales of the DS and Wii in March as caused by consumers waiting for the arrival of the DSi and the absence of major Wii software games comparable to "Super Smash Bros. Brawl," which went on sale in March 2008. "We think this represents a temporary reactionary decline rather than the impact of the economic slowdown in the U.S. or demand peaking out," Nomura said in a recent report. "We expect Wii sales to gain momentum again after the July launch of the eagerly awaited 'Wii Sports Resort.'" WHAT'S AHEAD: Nintendo is trying to turn the Wii into a living room must-have by introducing video-on-demand and other Internet-linking services. It's the latest stage in its ongoing mission to woo people who aren't the usual gaming crowd, such as the elderly and women. But even Iwata acknowledges Nintendo has to keep coming up with innovations. Nintendo is hoping to turn its DS into a Net-linking mobile device to receive audio guidance at a museum or coupons at a shopping mall, and it has been testing it out as an educational tool in schools. Nintendo continues to face challenges from formidable rivals, Microsoft Corp. with its Xbox 360 home machine and Sony Corp. with its PlayStation 3, PlayStation 2 and PlayStation Portable. STOCK PERFORMANCE: Nintendo shares have lost more than half their value over the past year. On Friday, the last day of trading before Tokyo markets closed for national holidays, Nintendo gained 1.3 percent to close at 26,550 yen. Email Story IM Story Printable View Blog This Recommend this article 0 users recommend Sign in to recommend this article » Most Recommended Stories » Related Articles: Business Pending home sales up 3.2 percent in MarchAP - 1 hour 57 minutes ago EU revises forecast; predicts deep, wide recessionAP - 1 hour 59 minutes ago No Boston Globe deal, but more talks expectedAP - 2 hours 1 minute ago Sprint Nextel loss widens, beats viewAP - 2 hours 3 minutes ago Wall Street poised to rise as stress tests eyedReuters - Tuesday, May 5 Most Popular – Business Viewed GM could follow Chrysler into bankruptcy: analysts Swine flu in decline: Mexico Kenyan women to sex-starve men -- for politics Citigroup may need $10 bln more: report Father rejects Madonna's adoption bid: report View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

Other News on Monday, 4 May 2009
Nepal government wobbles over army chief's sacking | International |
Iraq rules out extension of U.S. withdrawal dates | International |
France captures 11 suspected Somali pirates | International |
Wolverine slashes rivals in $160 million global bow | Entertainment |
Angels & Demons director sees Vatican meddling | Entertainment |
Mexico breathes easier in flu epidemic | International |
Pentagon chief to reassure Saudis on Iran outreach
Australia delays carbon trade, may toughen target | International |
Iraq rules out extension of U.S. withdrawal dates
Karzai signs up for Afghan poll, names running mates | International |
Former Israeli premier faces prostate cancer
Nepal president defies Maoists over sacked army head | International |
Fiat boss unveils plans for European car giant: FT
Supermarket tycoon wins Panama election | International |
Swine flu in decline: Mexico
Indian communists face farmer backlash in election | International |
Venezuela military helicopter crash kills 17 | International |
In crisis more Russian men want talk, not sex | International |
China quake survivors face intimidation, detention: Amnesty | International |
NY Times Co. threatens Boston Globe shutdown
Report: Senators seek answers on KBR overcharges
Syria's Assad urges US to talk to Hamas, Hezbollah
US flu tally jumps to 245 as labs catch up
Berlusconi's wife wants divorce: reports
John Edwards faces federal investigation
Czechs, Slovak killed in Austrian Alps avalanche
Alaska volcano shows increased unrest
Jackson says NAACP must help save auto industry
Craigslist founder helps memorialize murder victim
Season of tragedy ending at Sierra ski community
21 dead in India as bus falls into river
21 dead as bus falls into river in India
Obama to meet Afghan and Pakistan leaders
Jenny McCarthy inks deal with Winfrey's Harpo | Entertainment |
Nepal in crisis over attempts to fire army chief
NBC renews Medium | Entertainment |
At least 20 dead as storm batters Philippines
IFC Films hearts Valentine's Day | Entertainment |
Amnesty says China quake survivors face intimidation, detention
Green Day tests new ground on way to Breakdown | Entertainment |
Storms leave 20 dead in Philippines
Weather forecast for the Asia-Pacific region
ADB head: Asia must tackle poverty, climate change
China denies targeting Mexicans
New Zealand slump may have deepened, job market weakens
Nepal row flares after army chief sacked
ADB sees 'mild recovery' next year
Hollywood Wax Museum auctions wax celebs
Firmer won, earnings draw funds back to S.Korea
Korea Hot Stocks-Retailers, shipbuilders, Hyundai Steel up
KKR in talks on buying AB InBev unit in SKorea
China bans pork imports from Alberta: govt
Taiwan dollar surges on China ties, global outlook
Hollywood Wax Museum auctions wax celebs
S.Korea govt bonds slide after export, CPI data
No butts: China orders officials to smoke
Seoul shares open higher, financials lead gains
Saddam gets stamp of disapproval from Iraqi show
Jenny McCarthy inks deal with Winfrey's Harpo
Pete Seeger turns 90 with birthday concert in NYC
China's Mongols see bleak future for their culture
Ron Howard movie `Parenthood' reborn as NBC series
CBS launches unprecedented ad campaign
Ron Howard: Vatican obstructed 'Angels & Demons'
The films that highlighted this year's Tribeca
Vatican plays down differences before Israel trip
Pakistan battles Taliban | International |
Wave of attacks in south Afghanistan kill 29
Berlin studies request to take Guantanamo prisoners | International |
Attacks kill 20 in southern Afghanistan
Israel's Peres omits mention of Palestinian state | International |
European economy to shrink four percent
Iran says U.S. sanctions will not halt nuclear work
Berlusconi rejects patch-up with wife, seeks apology | International |
Spanish judge to probe deadly Israeli raid on Gaza
Fiat plans new global car giant
Eritrea sick of Somalia arms accusations | International |
Madonna launches appeal against adoption rejection
Taylor's request for war crimes acquittal rejected | International |
Obama outreach to Muslims worries Israelis
Greek scandal vote may force snap election | International |
Court okays breast removal for transsexual teen: report
Afghan suicide attack kills seven, including mayor
Venezuelan capital jolted by 5.3 earthquake | International |
Afghan leader heads to US for anti-terror summit
Australia delays emissions trading
New York Times Co wields axe over Boston Globe
Chad and Sudan agree to halt attacks
Climate change 'cultural genocide' for Aborigines
HP and RIM form alliance on BlackBerry | Technology |
EU urges Internet governance revamp | Technology |
Journalist group: US reporter hospitalized in Iran
EU urges Internet governance revamp
Obama to crack down on business taxes
4 dead in Fla. family slaying; teen son escapes
Buffett sees end to recession, uncertain on timing
Inmates vying for coal mining jobs in Appalachia
The Nation's Weather
French forces 'killed pirate hostage' off Somalia
Storms, possible tornadoes hit South; 1 killed
Obama to attend Cinco de Mayo event on May 4
Colorado lawmakers mount up to see effects of laws
Swine flu may return 'with 'a vengeance': WHO
More court review set for '04 Janet Jackson flash | Entertainment |
Deadly clashes in NW Pakistan as peace deal unravels
Madonna's adoption case in Malawi adjourned | Entertainment |
China denies discriminating against Mexicans
Wolverine slashes rivals in debut | Entertainment |
Indonesia's anti-corruption chief arrested
Pakistan battles Taliban as pact hangs in balance
Asia Pacific countries start disaster drills
Indonesia police detain anti-graft boss over murder
NKorea says Obama administration same as Bush's
Pakistan peace deal under fire amid attacks
Nepal's prime minister resigns
Pakistan targets 80 bln rupees in T-bill auction
Taiwanese tycoon challenges Buffett's investment
AIG close to selling building to Japanese company
Taiwanese tycoon challenges Buffet's investment
Tech-savvy Japanese on holiday tinker with robots
Taiwan inflows surge on warming China ties
Nintendo on roll on Wii, but cautious on high yen
China triples wind power capacity goal: report
`Twilight,' `Slumdog' lead MTV award nominees
US-ENTERTAINMENT Summary
Author sees A-Rod as insecure, needing to please
B'way ticket availability through Sunday, May 10
Paternity dispute erupts in Madonna adoption case
New Orleans Jazz Fest 40th year riffs on old, new
US-TECH Summary
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01