Nintendo’s Improving Financials

Nintendo had originally forcasted a net income of ¥70 billion (~€500,470,000), up from last years ¥33.2 billion (~€237,372,000). That figure has been increased to ¥82 billion (~€586,000,000).

Further, Nintendo has announced that they will increase their dividends per shar to ¥270 (~€1.93) for the fiscal year to March 31st, 2005. This is up from ¥140 (~€1).

This is largely due to the increase in value of offshore assets and the change in cross rates. But then, 6 million Nintendo DS units didn’t sell for nothing.