Mitsumi raises its annual outlook by 59 percent after substantial sales of Nintendo components.
Right now it seems to be nothing but good news for Nintendo. At the end of January, the company reported record results for fiscal-year 2006, shortly after raising its profit forecast by 20 percent for the year. Not only that, but the Wii is currently outselling the PlayStation 3 in Japan at a rate of four to one.
But it's not only Nintendo that benefits from this success--peripherals companies are reaping the rewards, too. Tokyo-based Mitsumi Electric, a manufacturer of human-interfacing devices, has raised its net profit forecast for the financial year ending March to 10.2 billion yen (approximately $84.54 million), reports Reuters. The 59 percent rise in the forecast is primarily due to the Mario factory, with results "far above market expectations" on sales of key parts for the DS and Wii.
The company expects sales to top 276 billion yen ($2.27 billion), up from its previous forecast by 15 billion yen ($123 million), and approximately 9 billion yen ($74 million) will come from game components.
Mitsumi, which was founded in 1954, is the maker of Nintendo's motion-detecting controller, and it also makes a variety of peripherals including remote controls, mice, keyboards, and other game controllers.
Mitsumi shares gained 96 percent in 2006, and it also enjoyed a 14.9 percent jump on the Nikkei to 3,090 yen ($25.5).
Epormada, while everyone agrees that the Virtual Boy failed big time, the N64's success/failure is debatable. It set the bar for 3D platformers with Mario 64 and introduced the analog stick and rumble, both of which are used in the 360 controller. Nintendo also created the D-Pad and shoulder buttons (I think). Both of which are on the 360 also. But I'm not trying the bash the 360. I'm a Wii60 guy because of Wii's controller and the 360's shooters and awesome online features.
"But here in the US, for every 60 GB PS3 sold, a retailer has to sell 21/2 Wii's to make the same amount of money." -bbkchib What the heck are you talking about? The profit margin on a Wii is higher than a PS3's. Stores make more money by selling one Wii than one 60GB PS3.
billybob "When will we all learn to trust Nintendo?" Lets see here, hmm. Virtual Boy, N64, and the Gamecube all sound like really good reasons to be skeptical of Nintendo. Admittedly, the Virtual Boy was an entirely new level a failure compared to the other two, but failures nonetheless. The Wii isn't that great, but I would rather have one then a PS3. Love my 360 though! 360 FTW!
Remember all the skeptism about the DS when it was first announced? Sony fans said there was no way it's so-called "gimmicks" could outsell the graphics power of the PSP. They were wrong. Remember all the skeptism about the Wii's controller when it was first announced? Sony fans said there was no way it's so-called "gimmicks" could outsell the graphics power of the PS3. They were wrong. When will we all learn to trust Nintendo?
Retailers dont make their money from the price of a product. They make money from selling it higher than it was paid for.
4 to 1 ratio. But here in the US, for every 60 GB PS3 sold, a retailer has to sell 21/2 Wii's to make the same amount of money. Thing is , retailers have no problem selling the Wii because people actually want to play it.. Hopefully with this growth in profits, Nintendo can maybe sign some new exclusive titles and get more 3rd party support.
Good news for the guys at Nintendo. I am glad that they are helping other companies as well. To bad for Sony though.
PS3: RAWR! I HATE you Xbox! XBox: I HATE you PS3!!! Nintendo: :D !!! *runs about waving victory flag*
Good Job Nintendo ^^ keep up the good work Now time to work to get that Wii lol damn gotta wait 2 more months so i can get a job suxs to be 15 XD lol
elwhite "If it weren't for 3rd party developers nintendo would have nothing but the same games, " ----------- While that whole poorly strung together rant was good for a laugh, this line was particularly funny. I have news for you: if it wasn't for 3rd parties, EVERYONE would have the same games. You're incredibly biased, and misinformed, and it shows. That line applies to everyone, but you single out one group. At the very least, you were right about one thing: Nintendo would offer new ways to play. Without 3rd parties, could the same be said about the other two? Or would they just offer prettier-looking upgrades to their existing games WITHOUT substantial changes?
Well, as long as Nintendo is happy and getting money for great projects and controlers then i'm happy. Good job!
"So even if the Wii doesn't release a crapload of killer apps"...to make a comment on this whole "wii not for hardcore gamerz"-crap: I'm into this thing like a very, very long time, n you know what? nintendo makes the hardcore games. PS n XBOX sure do feature some nice stuff (p.e. Elder Scrolls), but a lot that's called "hardcore" is nothin but mature presentation for incredibly hollow games, that, except for blood and/or pseudo-cool dialogues, could be for 3-year olds. I guess to many people judge not only to quickly, but even worse without understandable parameters.
@linkz016 : Amen to that, man. More games to come with awesome gameplay in the years to come thx to that Wiimote goodness. And som' for everybody. It's ALL good...
What most of you people who complain about the graphical power of the Wii don't seem to realize, is that Nintendo can come out with a new HD graphic whore Wii in like 5 years and probably not suffer terrible losses. This is something that neither Microsoft of Sony can do in just 5 years time. It seems to me that Nintendo is basically testing the waters with their latest line of innovative consoles and reaping the huge rewards. The DS is king and the Wii is following in its footsteps. Another thing is that NIntendo's main market is the non-gamer, which although it sucks for us hardcore gamers, it's a brilliant business plan. So even if the Wii doesn't release a crapload of killer apps, it won't phase the non-gamer since they don't care about things like that. NIntendo has created a system that can cater to non-gamer and gamers alike, which is something the xbox 360 and ps3 could never do.
@elwhite : get a life. U don't like the wii, fine. Don't play it. That is if U ever tried one. PS3 and 360 are good machines, but don't start with the "same ol' same ol' Nintendo IPs" chorus when the titles SO ESPECTED for PS3 and 360 are what. FF12, MGS4, DMC4, Halo3... is any of those "new" or "never seen before"...? I seriously doubt it. Tell me about Warhawk or Heavenly sword... how about Bioshock? Enjoy the games dude, tha's what it's all about. otherwise as i said: GET A LIFE and stop bashin' a system for free. 2007 looks like an AWESOME year for gamers, if U can't see that, well.... keep waiting for the same ol stuff with better gfx on PS3, in like... 2008.
are you guys dumb or what ? have you hever seen GC graphics ? It was the best for its gen ! at least try talking about something you know about
keyser27 "The graphics question for me personally doesnt matter except in games like Farcry for Wii, when it's obvious the developer PLANNED on saying "well the Wii isnt a graphic powerhouse" and then proceeded to not even try to make it look as good as a PS2 version would. That is inexcusable." .......................................................................................................................................... You better get used to that my friend, like the GC there will probably only be 1 or 2 good looking games by this gens standards! This gen being 360 and PS3 now...
BlackDragon110 Yes, Resident Evil 4 on GC was awesome! It was also largely overlooked by casual gamers (lacked sales) because it was only available on gamecube for so long. Hell, I went out and bought a used gamecube just for that game alone! Unfortunately Nintendo makes no money on used game sales. I also played many of GC other big games, Metroids 1 & 2, Windmaker, etc... I'm even playing Twilight Princes right now. All were pretty subpar after playing even medicore games on my original xbox.
Great news for Nintendo & Partners, and great news for the gaming industry in a whole. The bet paid off, and in big bucks that is. Now, regarding the gfx and all in games to come... I won't surprise anyone in sayin' that most games we seen so far were rushed for the launch window and by so-so devs (yeah Ubi, I'm talkin bout Ur lazy a$$e$!!). So once the serious dudes enter the arena (Capcom, Konami, Namco, etc) with more serious franchises (RE, Winning Eleven, Soul Calibur...) we'll have a better idea of what's to be expected of teh TRUE power of the Wii... in the meantime, Naruto Shippuden EX and Sonic ATSR are super high on my "must buy" list for the weeks to come. ... btw, who said no games were coming to the Wii?
The Wii is supposed to be slightly more powerful than the Gamecube right? Can any of you say that Resident Evil 4 looked horrible? The Wii could visually be almost on par with the 360 if developers would start taking their jobs a little more seriously instead of porting every little thing from the PS2 or doing a half baked job ala Red Steel! Now to comment on the report. Wow Nintendo and associates are really pulling in the money and sales. This will equal more developers jumping on the Wii bandwagon, which equals tons of third party support, which equals Nintendo returns to the top of the gaming food chain. Looks like Hiroshi Yamauchi being replaced by Satoru Iwata was the best thing to happen to Nintendo.
I happy for Nintendo. They have been drug through the mud for quite some time after the N64 and Gamecube. Its good to see that they have stuck to their guns and not tried to be like Microsoft or Sony by going with something of an all-in-one unit that plays games. The Wii is a game machine, pure and simple. I'll admit that I thought that they wouldn't be successful again. Who would have thought that they would be working Sony over like they are now? Sony is so screwed up right now with the PS3 that I wonder about the future of mine.
I see both sides. I come down on gameplay over graphics, but I do feel the graphics on the wii should have been better. I don't think they needed to be anywhere near X360 level, but I can't see how the capabilities being roughly double what they are now would be too expensive. Having said that... it is the best of the three systems in my opinion because it truly is fun, which is vastly different from the other two. The graphics question for me personally doesnt matter except in games like Farcry for Wii, when it's obvious the developer PLANNED on saying "well the Wii isnt a graphic powerhouse" and then proceeded to not even try to make it look as good as a PS2 version would. That is inexcusable. Graphics only matter when they are downright horrible, and the Wii's graphics capabilities arent horrible, but in the hands of a lazy developer it can be a problem as we've seen with farcry.
I have to say epormada that you put way too much into graphics. More than that though, you have the preconceived notion that the Wii's graphics are in some way substandard. While it is true that it's graphics can't match that of the PS3 or the 360, it graphics are still at least 3 - 4 times as powerful as the gamecube. Meaning that if you took the best looking game on the gamecube (Resident Evil 4) and make it look 4 times as good, then you have the Wii's graphical power. Zelda TP was never developed on the Wii, it was ported over. It would have been nice if they'd gone back and revamped the graphics, but they only did a few tweaks here and there. Not that I'm saying that it looks bad on either the Wii or the Gamecube. The game still looks pretty awesome.
There is nothing to honestly change my mind about Ronin. Right now I am playing Zelda: TP on my Gamecube, I know the Wii version has to be way better because of the way you play. But it looks and sounds the same ( I've read the reviews, many of them, and a lot of posts too). It sounds almost exactly like Ocarina of Time and honestly only looks slightly better, if that. All I'm saying is it would have been sooo sweet to see Link a la Oblivion style. No true gamer can disagree with that! Hopefully next time around! Here is to Nintendo and a strong second place finish over the PS3!!! Nice debate though, I'm sure there are many people that share both our views.
I could go in to a whole speech about how graphics don't make the game (and cite several examples to boot), but I doubt it would change your mind. Agree to disagree, I suppose. It's always a shame when something is written off based on looks, though. I only hope it wildly succeeds to prove that point. Incidentally, that was a much better way to get your point across. I think you'll find folks will be more willing to discuss things with you if you keep yourself composed.
Okay Ronin, I guess I'm just disappointed in the Wii because it's controls are innovative (yes I was being sarcastic with the whole arms flailing) but it's graphics are so Gamecube. It's just a shame to imagine what could have been if only Nintendo would have cranked up the graphics. I can assure you this, if they had it would only sell better, longer and been that much bigger of a success. I'm sure if N had to do it over knowing what they know now they would have invested more in the graphics department. But they didn't and for that the system will have a short life span and probably come in third place again. My biased opinion, with which a lot of people I know agree!
epormada "Rice -a- Ronin" Don't be mad it's just a fact of life!!!" --------- No, it's not a fact. It's your own biased opinion. Obviously, it's no PS3 when it comes to graphics, but "blows hardcore"? Please. How much have you actually seen? Because most of it looks quite nice. As with any system, there are exceptions (ugly games), but it's hardly as incapable as you're making it out to be. "The Wii's graphics are unacceptable." -------------- According to who? You? Or are you suddenly speaking for all of us? If so, I missed the memo. "The thing is only $250.00 and Nintendo is making a lot of money on each system sold. Yes, I agree, it's smart business on Nintendo's part, but the Wii's profit/cost margins exspose how extremely incapable it is." ---------- A company has to take a loss for its product to be good? That's essentially what you're saying. And that's nonsense. Nintendo chose to sacrifice power for versatility; the result is a unique method of gaming for home consoles. "The Wii is going to hold talented game developers back from making epic nex-gen experience's because they'll be to busy trying to figure out how to make some lame game for kids to flail their arms around and call it innovative." ----------- I don't know what part of that to correct first. Epic games are entirely possible. Probably not to the same extreme as an Oblivion, but hardly impossible. They don't need to devote so much of the system's resources to rendering graphics; thus, the lack of space is offset. At least somewhat. We may not see every grain of sand on the ground or crack in the rock, but it's all possible. The fact that you think the Wii causes people to "flail their arms around" shows just how little you know about the system. I'd suggest you're hardly one to comment on it. "Basically, the Wii is a step backwards in the gaming industry." --------- Hardly. If anything, it's a step in a new direction. Why does "forward" have to mean "power"? As I see it, "forward" means "progress"... and the Wii certainly does that. It introduces change. Progress comes from change. It doesn't look as pretty while doing it, but it's getting people to think outside the box rather than spend substantially more money to copy what they've done in the past with a few graphical tweaks.
Rice -a- Ronin Don't be mad it's just a fact of life!!! The Wii's graphics are unacceptable. The thing is only $250.00 and Nintendo is making a lot of money on each system sold. Yes, I agree, it's smart business on Nintendo's part, but the Wii's profit/cost margins exspose how extremely incapable it is. The Wii is going to hold talented game developers back from making epic nex-gen experience's because they'll be to busy trying to figure out how to make some lame game for kids to flail their arms around and call it innovative. Basically, the Wii is a step backwards in the gaming industry.
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