Tag Archives: Hiroshi Kamide

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KBC Financial Products analyst Hiroshi Kamide has clarified a comment he made yesterday in which he said “something big has gone wrong” at Nintendo.

Kamide made the remark in light of a 33 percent drop in yearly profit expectation from the Kyoto firm.

“It’s big in the respect that Wii demand is not being seen at all in Japan, and that they felt they had to reduce annual guidance,” the analyst told Kotaku.

“Why didn’t they just pre-plan and cater to markets where there was demand (or heaven forbid they have enough supply perhaps)?”

Nintendo reduced its estimated full-year profits yesterday with the release of third quarter financials.

Kamide said the move signalled a tough time for the company in the fourth quarter, where margins would be squeezed harder than Nintendo had experienced in the past three years.

Update: Kamide’s clarified this comment here.

Following news of a major check in estimated yearly profits from Nintendo today, one analyst has predicted the firm will face serious trouble at the end of its financial year. That’s the quarter ending March 31 this year.

“Today’s revision suggests that the roaring pace of Wii growth that we’ve seen until now may be over,” KBC Financial Products analyst Hiroshi Kamide told the Times.

“The numbers also imply that we are going to see a sudden collapse in the fourth quarter from record margins to some of the thinnest margins Nintendo has experienced for three years.”

The downgrade could imply that “they know something big has gone wrong, and that people are not buying the machines,” Kamide added.

Is this it? The end of the waggling, stylus-driven dream? Place your bets now.

Thanks, GoNintendo.

According to this Kotaku piece, KBC Securities Japan analyst Hiroshi Kamide reckons that DS’s day has dawned, both in Japan and abroad.

“Casual gaming growth has been driven over the last three years by the Nintendo DS platform,” he said. “Demand has peaked in Japan, and we believe is currently peaking overseas. Compounded by a less robust retail environment, we expect to see a decline in the handheld sector.”

Kamide added: “The casual market looks more exposed to an economic downturn, due to its non-essential nature. The sector remains ‘hit-driven’, which provides a positive outlook for the companies with strong core title line-ups.”

DS was shown yesterday to be the biggest selling machine in Japan last year, having moved 6.34 million units.