Nintendo was founded in 1889. This company has been around for a really long time, and Nintendo has gone through many changes over the years. The company was originally a game card manufacturer, but later moved to toys and video games (in addition to many other devices along the way).

So, when Nintendo reports some seriously depressing numbers - a business year loss of $336 million - it's with confidence that Nintendo fans rally behind this brand. Will that be enough, though? Can Nintendo keep its consoles and games afloat in an increasingly narrow and competitive market?

What Happened?

Why has Nintendo lost so much this year? Most of the hit that Nintendo has taken can be chalked up to disappointing Wii U sales. The Wii U console never really took off, and Nintendo is notorious about not sharing its game titles with other consoles. You can't, for example, play Super Mario on a PlayStation.

These decisions have hurt Nintendo.

Nintendo also lacks really interesting games. Even though the company has always been family-oriented, families are changing. At one point in time, a family game meant a game that could be played by all family members, was wholesome, taught something important, and veered from violence. That's not what families want anymore.

Nintendo's family-friendly games are nowhere near as popular as graphic games like GTA. This could be the truth for a number of reasons (a changed family dynamic, families playing games less, and other possible notions), but the real truth is that Nintendo can't stay on top of the gaming nation right now.

Could Older Titles Work?

The main reason why people seek out Nintendo consoles is the company's gold standard games. Games like Mario, Zelda, and Pokemon still have a strong following. But, the issue here is that Nintendo hasn't really revamped any of those games in a long time. Or, when the games have had a facelift, the new titles just aren't that great.

Nintendo could cash in on the crowd that's still allured by what the company once was. But, Nintendo execs have to play it all properly. Right now, that's just not happening. Interestingly, though, Nintendo won't be restructuring any time soon. The company plans to keep all execs intact for the time being. The goal, then, is to simply rethink what the company is putting out.

Who's to Blame?

Is Nintendo's current exec lineup to blame for the major losses, or is this a matter of a misunderstood audience? It's tough to pinpoint, exactly, but the company does need to get together and figure out why things aren't going so smoothly. It would be sad to see a company that's been around for so long not make it now. I suppose, though, that Nintendo can always go back to making play cards if all else fails (an initiative the company never really gave up!).

If you are a Nintendo fan, are you still playing Nintendo games? Did you purchase a Wii U? Is Nintendo set to fail? Sound off below.