Nintendo has 812.8 billion yen in the bank
Posted on March 13, 2012 by Brian(@NE_Brian) in General Nintendo, News
You have to reason to be worried about Nintendo. They’ve got lots – and I mean lots – of money stowed away in the bank.
Take a look at this tidbit from the latest issue of Nintendo Gamer:
“Buried in reams of financial data is the revelation that Nintendo have 812.8 billion Yen (£6.7/$10.5 billion) in the bank – enough for it to take a 20 billion Yen loss (£163/$257 million) every year until 2052. Then there’s almost 469 billion Yen (£3.8/$6.0 billion) held in premises, equipment and investments. When that runs out – we’re in the year 2075 by this point – they’ve got some of the most valuable intellectual property in gaming to sell off before the company goes out of business.”
So even though the 3DS went through a rough patch in its first year and Wii sales have been down as of late, Nintendo has plenty of cash to keep them going for decades.
