LogFAQs > #980079147

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Topic	Arent Japanese game companies making bank with the low yen to US conversion?
NightRender 04/24/24 9:30:08 PM #2:	Bored so let's take a peak at some Nintendo investor reports. https://www.nintendo.co.jp/ir/pdf/2023/230509_3e.pdf https://gamefaqs.gamespot.com/a/forum/d/dc14e5b6.jpg They got a nearly 10% boost to their revenue from FX rates in 2023. Still down year over year, but without that bump, I guess it would have been a double digit decline. https://www.nintendo.co.jp/ir/pdf/2022/220510e.pdf https://gamefaqs.gamespot.com/a/forum/7/71ce92e8.png From their 2022 report, they built their forecast off the assumption that 1 USD = 115 JPY. https://www.nintendo.co.jp/ir/pdf/2023/230509e.pdf https://gamefaqs.gamespot.com/a/forum/7/720fa3fc.png However, 2023 on average was actually 135. --- Dedicated to D - 4/15/05 <cite>NightRender posted [p:980079147] in Arent Japa... [t:80754926]...</cite> <quote>Bored so let's take a peak at some Nintendo investor reports.https://www.nintendo.co.jp/ir/pdf/2023/230509_3e.pdfhttps://gamefaqs.gamespot.com/a/forum/d/dc14e5b6.jpgThey got a nearly 10% boost to their revenue from FX rates in 2023. Still down year over year, but without that bump, I guess it would have been a double digit decline.https://www.nintendo.co.jp/ir/pdf/2022/220510e.pdfhttps://gamefaqs.gamespot.com/a/forum/7/71ce92e8.pngFrom their 2022 report, they built their forecast off the assumption that 1 USD = 115 JPY.https://www.nintendo.co.jp/ir/pdf/2023/230509e.pdfhttps://gamefaqs.gamespot.com/a/forum/7/720fa3fc.pngHowever, 2023 on average was actually 135. --- Dedicated to D - 4/15/05</quote> ... Copied to Clipboard!
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