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gamesindustry.biz - 2/6/2009

News: Nintendo set to benefit from publisher downsizing

— gamesindustry.biz — Satoru Iwata expects "more attractive titles" from publishers as they refocus on Wii and DS... (more) News: Nintendo set to benefit from publisher downsizing

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gamepolitics.com - 2/6/2009

South Korea's President Wants to Take on Nintendo

— gamepolitics.com — Lee Myung-bak (left), President of South Korea, wonders why his nation can't build video game hardware to... compete with Nintendo. During a visit to the Ministry of Knowledge Economy this week, Lee said: A lot of our elementary school children have ... (more) South Korea's President Wants to Take on Nintendo

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kotaku.com - 2/5/2009

Colorful Nunchuks Hit Wii [Wii]

— kotaku.com — Accessory maker Logic3 just released a half dozen colored nunchuk minis for the Wii. But don't you... dare call them nunchuks, because these bad boys are "FunChuks"... seriously or they'll sue you. Ok maybe they won't sue you, but making colorful ... (more) Colorful Nunchuks Hit Wii [Wii]

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Analyst - latest financial data shows that Wii growth may be over, Nintendo knows something big has gone wrong
GoNintendo — ... for three years. they know something big has gone wrong, and that people are not buying the machines.” - Hiroshi Kamide, KBC Financial Products So…Nintendo knows that there is a big issue? What issue could there be? Wii sales are sure to drop now that the holiday season is over, but would we really see huge public interest in November and December, only to see no one want the Wii in January? I’m no analyst, but I don’t think we’ll see a complete 180 when it comes to sales. Link This entry was posted on Thursday, January 29th, 2009 at 4:02 pm and is filed under ...

Wii's "Roaring Growth" Over?
Edge Online - Interactive Entertainment Today — ... full-year net income forecasts by one-third to $2.55 billion, analyst Hiroshi Kamide with KBC Financial Products speculated that the Wii craze may be burning out--an almost unthinkable prospect amongst many industry watchers. Today s revision suggests that the roaring pace of Wii growth that we ve seen until now may be over, he said in a report in the Financial Times . The numbers also imply that we are going to see a sudden collapse in the fourth quarter from record margins to some of the thinnest margins Nintendo has experienced for three years. Nintendo also drew back Wii ...

Has "Something Big Gone Wrong" At Nintendo? [Nintendo]
Kotaku — ... "Today’s revision suggests that the roaring pace of Wii growth that we’ve seen until now may be over", Kamide told The Times. "The numbers also imply that we are going to see a sudden collapse in the fourth quarter from record margins to some of the thinnest margins Nintendo has experienced for three years". ...

Nintendo Revises Forecast, Analysts Get Nervous
The Escapist : Latest News — ... Wii has dropped off due to a lack of "must-have" titles for the system compared to even six months ago, while the dramatic rise in valuation of the yen over 2008 has cut a large chunk out of Nintendo's profits. And based on Nintendo's reputation for staying in close contact with its retailers around the world, Kamide said the revision could mean that Nintendo sees trouble coming. "They know something big has gone wrong, and that people are not buying the machines," he said. Source: Times Online , via ...

Nintendo Is Teh Doomed! Oh Noes!!!
G4 TV - TheFeed — ... Okay, I was totally having fun with you when I wrote this article's title. *snicker* However, one financial analyst was unimpressed with Nintendo's latest financial report. The Times Online has quoted Hiroshi Kamide, a KBC Financial Products analyst, as saying: ...

Analyst Believes Nintendo "Knows Something Big Has Gone Wrong"
Kombo.com — ... that something really has gone wrong at Nintendo, believing it to be the reason the company had recently made cuts to its profit forecast. "Today's revision suggests that the roaring pace of Wii growth that we've seen until now may be over. The numbers also imply that we are going to see a sudden collapse in the fourth quarter from record margins to some of the thinnest margins Nintendo has experienced for three years. -- Hiroshi Kamide, Analyst for KBC Financial Products, to The Times The article notes Kamide as the only major analyst to put a "sell" recommendation on ...

Nintendo’s stock feels the pain
That VideoGame Blog — ... is reporting (via Times Online) that Nintendo has cut its 2008 sales forecast by 33 percent from its previous estimates. This is not to say that Nintendo is in need of a bailout. The heroic Wii and its strong 2008 lineup of Mario Galaxy and Super Smash Brothers gave Nintendo some of the best profit margins it has seen in years during the first three fiscal quarters. However, Nintendo’s fourth quarter has been awful, and it will close the financial year ending March 31 with a profit of Y230 billion ($2.5 billion US), not ...