Nintendo published their financial forecast modifications for the year along with their third quarter earnings report today.
Even though the company saw success with Super Mario 3D Land, Mario Kart 7 and Zelda: Skyward Sword this quarter, stronger-than-expected yen appreciation and revised sales forecasts have caused Nintendo to lower their net sales forecast from 790,000 million yen to 660,000 million yen. Other changes include altering their originally forecasted operating income from a 1,000 million yen gain to a 45,000 million yen loss. The company is also expecting a net loss of 65,000 million yen.
Nobuo Nagai, senior managing director and representative director at Nintendo, died Sunday after battling with stomach cancer. He was 66 years old.
An employee at the company for nearly 45 years, Nagai joined Nintendo in 1967. He was appointed to senior managing director and representative director in 2004.
While his name isn’t as recognizable as some of his colleagues, Nagai was an important member in the manufacturing of hardware, overseeing progress at Nintendo’s production plant in Uji city.
Japanese newspaper Nikkei reports that a funeral service will be held for Nagai on January 25 in Yamatokōriyama.No comments
It was reported that Nintendo, Sony and EA backed out of supporting the Stop Online Piracy Act last week, but it turns out that they never officially endorsed the act in the first place.
The original source letter, which had the three companies listed as supporters, was actually drafted before SOPA came into existence. The companies mentioned in the letter were in favor of legislation similar to what would be later introduced in SOPA, but the fact of the matter is that it wasn’t an endorsement of SOPA itself.
While this revelation means Nintendo, Sony and EA did not specifically state they supported SOPA, it doesn’t change the fact that these companies still support the act as members of the ESA.No comments
EA, Nintendo and Sony were among many of the companies listed as being in support of the Stop Online Piracy Act. However, a recent revision to the supporters list no longer has the three companies listed.
While this may seem like the three companies have dropped their support for SOPA, they are still members of the Entertainment Software Association, a group that supports the act. So, unless the ESA drops its support for SOPA, EA, Nintendo and Sony are still in favor of the act. Indirectly.
In the wake of the backlash over GoDaddy.com’s support for SOPA, I’m surprised there are still companies associating themselves with the act. Protecting your interests means nothing, if you’ve alienated all of your customers.No comments
A Game|Life interview with Shigeru Miyamoto appears to be the source of a big misunderstanding. In the interview, the Super Mario Bros. creator mentioned he wanted to shift his focus away from supervising big games like The Legend of Zelda in favor of working on smaller projects with the younger developers at Nintendo.
Unfortunately, the legendary game creator didn’t exactly phrase his intentions in the clearest way possible, leading many to believe he was retiring from the company.
“Inside our office, I’ve been recently declaring, ‘I’m going to retire, I’m going to retire,’” Miyamoto said through his interpreter. “I’m not saying that I’m going to retire from game development altogether. What I mean by retiring is, retiring from my current position.
“What I really want to do is be in the forefront of game development once again myself,” Miyamoto said. “Probably working on a smaller project with even younger developers. Or I might be interested in making something that I can make myself, by myself. Something really small.”
Following the interview, Nintendo’s stock dropped two percent, which may be a result of the misunderstanding. The company quickly issued multiple statements clarifying Miyamoto’s comments and reassuring the public that he would not be retiring.
“Video game designer Shigeru Miyamoto’s role at Nintendo is not changing. He will continue to be a driving force in Nintendo’s development efforts. In discussing his priorities at Nintendo in a media interview, Mr. Miyamoto explained how he is encouraging the younger developers at the company to take more initiative and responsibility for developing software. He attempted to convey his priorities moving forward, inclusive of overseeing all video game development and ensuring the quality of all products. Mr. Miyamoto also discussed his desire to pursue fresh ideas and experiences of the kind that sparked his initial interest in video games.”
A formal letter to Congress [.pdf] calling for stricter internet policing measures lists Nintendo, Sony, EA and several other companies in support of legislation designed to prevent copyright infringement.
Nintendo is no stranger when it comes to piracy. The company spent a good deal of time and effort trying to curb the sale of piracy-enabling DS flash cards.
While American Censorship Day may be over, you can still contact your representatives and tell them how you feel.No comments
Nintendo and West Coast Customs unveiled a pair of life-sized Mario-themed go-karts at this year’s LA Auto Show.
The karts were a collaborative effort made to promote the next month’s launch of Mario Kart 7.
Nintendo America COO Reggie Fils-Aime and West Coast Customs founder Ryan Friedlinghaus were both at the show to present the karts.
The show floor is only open to the press today, but the public will be able to see it in person tomorrow when the event officially starts.
Source: Mario Kart facebook pageNo comments
[Image: Sonic Colors]
An anonymous source speaking to Sonic news site TSSZ News shared some details on Sonic Dimensions, a spiritual sequel to Sonic Colors that is reportedly in the works for the Wii U.
According to the source, most of the staff from Colors is working on Dimensions. The big news, however, is that Nintendo is involved with the project, assisting in level design.
More leaked details:
- “More surreal” levels like the ones seen in Colors.
- Graphically on par with Sonic Generations.
- Dimensions’ story revolves around Sonic and everyone else being split into multiple personalities.
- Each of Sonic’s personalities has a different color and special ability.
- Blue Sonic is the “core,” working to reunite the other Sonics.
- Red Sonic can cause explosions to open up new areas.
- Purple can float and create platforms.
- Yellow can move really fast but is very frail.
- Orange is very slow but can move faster after being powered up.
- Green Sonic was mentioned but his abilities were not revealed.
- Dying enough times in a level makes the Super Guide-like White Sonic appear.
- Using White Sonic automatically gives you the lowest rank when you beat a stage.
- Rival battles will pit Sonic against evil versions of friends like Amy Rose.
- There will be some 2D gameplay, reminiscent of classic Sonic games.
- Dimensions will make use of the Wii U controller’s capabilities.
- There will be four person multiplayer.
Source: TSSZ NewsNo comments
The Paris Court of Appeals recently ruled it illegal to import, distribute and sell DS flash card devices like the R4, M3 and AceKard.
The devices, which allow for the running of legal homebrew code, have become notorious for also allowing DS owners to play pirated copies of games.
While piracy on the DS may not be as big an issue now, with the DS being well past its prime, the 4.8 million Euros (≈$6.5 million) in damages awarded to Nintendo is a strong blow to the piracy scene.
“Nintendo supported this criminal action not only for the company’s sake, but for the interests of its game developer partners who spend time and money legitimately developing software for Nintendo’s game platforms, and customers who expect the highest standards and integrity from products bearing the Nintendo name,” said Stephan Bole, Managing Director of Nintendo France.
Source: .PDFNo comments
It’s easy to forget that Nintendo did stuff way before the Famicom launched, but the company that “left luck to heaven” is an incredible 122 years old today.
Things may not be so pretty at the house that Hanafuda cards built right now, but if there’s one thing I’ve learned from watching Nintendo, it’s that you can never really count them out.
Besides, if things get really bad, they could always try the love hotel thing again.No comments