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oliphant
I Have 8 Boobies
Premium
join:2004-11-26
Corona, CA

2 edits

reply to juilinsandar

Re: LOL

The $808M is NET INCOME not profit...big difference.

quote:
Net income climbed 8.7 percent to 95 billion yen ($808 million) in the year ending March 31, the company said in a preliminary earnings statement.
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WAR HAS NEVER SOLVED ANYTHING, except ending slavery, facism, communism, Nazism....

Armour

join:2002-01-08
Scarborough, ON

ahhh its one in the same. I'm not a economics expert by any means but NET means they have 808 million to play with now that all the bills are paid

»www.investorwords.com/3247/net_income.html

net income
Definition 1

In business, what remains after subtracting all the costs (namely, business, depreciation, interest, and taxes) from a company’s revenues. Net income is sometimes called the bottom line. also called earnings or net profit.

Definition 2

For an individual, gross income minus taxes, allowances, and deductions. An individual's net income is used to determine how much income tax is owed.



oliphant
I Have 8 Boobies
Premium
join:2004-11-26
Corona, CA

1 edit

My bad...I thought that net income wouldn't include tax related issues...depreciation, taxes, regulatory costs also future debt obligations like pensions, stock options etc.

However, even at $808M, it's currently lower than it was in the past before the release of the DS (according to the article..."highest in 4 years"). The DS simply kept them from going out of business, but they are not what they used to be.
--
WAR HAS NEVER SOLVED ANYTHING, except ending slavery, facism, communism, Nazism....



vpoko
Premium
join:2003-07-03
Boston, MA

said by oliphant:

My bad...I thought that net income wouldn't include tax related issues...depreciation, taxes, regulatory costs also future debt obligations like pensions, stock options etc.

However, even at $808M, it's currently lower than it was in the past before the release of the DS (according to the article..."highest in 4 years"). The DS simply kept them from going out of business, but they are not what they used to be.
I do believe, however, that Net Income is before stock dividends are paid out, since those come off the bottom line.

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