http://cube.ign.com/articles/602/602093p1.html
Nintendo Financials
The company ups profit estimates.
by Juan Castro
April 6, 2005 - Nintendo has raised its net profit estimate by 17 percent on foreign exchange gains, according to Reuters. The company also said it would double its 2004 dividend and pay 270 yen per share due to the new estimate, which should post at 82 billion yen, or 757. 4 million dollar. However, Nintendo may end up with a 72.4 billion yen net profit, if a poll on Reuter's Estimates is to be believed. To get this figure, Reuters polled some 16 analysts.
After the original dividend report, which the Nihon Keizai newspaper published earlier today, Nintendo's shares received a jolt and closed with an increase of 3.6 percent at 12,250 yen on the Osaka Stock Exchange. The stock beat out the Nikkei average, which closed up 0.5 percent. The latest news puts Nintendo's dividend yield of 2.2 percent higher than Sony's and Microsoft's, at 0.6 percent and 1.3 percent respectively.
Nintendo has sold an impressive number of Nintendo DS units, its latest handheld gaming device that launched on November 21, 2004. Currently, it's on target to ship 6 million DS systems worldwide by the end of March. However, slow sales of DS software and of the Nintendo GameCube system forced the company to cut its operating profit forecast in January.