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Nintendo has enough money to be safe for a long...long time

by rawmeatcowboy
13 March 2012
GN Version 4.0
Wondering just how much bank Nintendo has? Here's a snippet from Nintendo-Gamer that shows that the Big N is going to be just fine for many years to come.

"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."

If there were ever a single paragraph and image that you could share with Nintendo haters out there, this would be it. Hard to say the company would be doomed with this kind of cash backing them up.