Financial Results News

News: Capcom Cuts Profit Projections By Over 50%, Despite "Strong Sales of Monster Hunter 4"

Capcom Cuts Profit Projections By Over 50%, Despite "Strong Sales of Monster Hunter 4"

Underperforming mobile games and Monster Hunter Frontier G cited

Ahead of its yearly financial results that will be reported in the coming weeks, Capcom has issued an update revising its profit projections down by over 50%. It's a blow for the Japanese company ahead of its results, somewhat reminiscent of Nintendo lowering projections prior to its...

News: Satoru Iwata Admits The "Wii U Isn't In Good Shape" Ahead of Investor Briefing

Satoru Iwata Admits The "Wii U Isn't In Good Shape" Ahead of Investor Briefing

"I’m concentrating my mind on how to rebuild Nintendo"

Nintendo's investor briefing, thanks to the extensive gaps in time zones, is taking place rather soon. The unveiling of today's financial reports did involve a short press conference with Satoru Iwata, and Bloomberg has picked up some choice comments. After confirming a pay cut that will run...

Talking Point: Nintendo's 3DS and Wii U Strategies Face Rather Different Challenges

Nintendo's 3DS and Wii U Strategies Face Rather Different Challenges

Past-generation trends need not apply

In some respects today's financial results were the least surprising and eye-opening of recent times, and that's mainly to the credit of Nintendo's decision to jump the gun and reveal major reductions in sales and financial projections, blunting the impact from today's Q3 results. Nintendo's previously bold...

News: Nintendo Confirms Plans To Acquire Up To Ten Million Of Its Own Shares

Nintendo Confirms Plans To Acquire Up To Ten Million Of Its Own Shares

Already owns 13,793,439 shares

In a notification document accompanying today's Q3 financial reports, Nintendo has confirmed plans to acquire up to ten million of its own shares up to 31st March, the end of the financial year. This isn't uncommon, as Nintendo already holds 13,793,439 of these Treasury shares, though the planned increase is still a...

News: Pokémon X & Y Hit 11.61 Million Worldwide Sales as Nintendo Lists 3DS and Wii U Million Sellers

Pokémon X & Y Hit 11.61 Million Worldwide Sales as Nintendo Lists 3DS and Wii U Million Sellers

The Wind Waker HD and Super Mario 3D World included in Wii U list

Nintendo has released its Q3 financial results, which begin to reinforce the disappointing reductions in projections. While Nintendo has cited lower than expected sales for 3DS and Wii U hardware, with the latter being particularly damaging to profits at this time, it has also...

News: Nintendo Q3 Results Bring Net Profit, But Warnings of Projected Losses Remain

Nintendo Q3 Results Bring Net Profit, But Warnings of Projected Losses Remain

3DS hardware surpassed 40 million lifetime sales

Following its revised projections from earlier in the month, Nintendo left little scope for surprise in its financial results. Overall there was a net profit, but warnings remain that typically slow Q4 sales would contribute to end of year losses like those projected; there were also some landmarks...

News: Nintendo "Would Like to Enrich" Its Virtual Console Lineup

Nintendo "Would Like to Enrich" Its Virtual Console Lineup

Will also aim to utilise smartphones outside of games

Not too long ago we published a Soapbox article that argued it's high time for the Wii U Virtual Console to freshen up, after the arrival of a number of low profile and disappointing titles on the service; beyond that, we've also already seen many of the better games to grace the service on the...

News: Satoru Iwata Outlines Wii U Holiday Target Audience and Aim for a "Unique Approach"

Satoru Iwata Outlines Wii U Holiday Target Audience and Aim for a "Unique Approach"

"Imitating others is the kind of reasoning that Nintendo tries to avoid"

Last week Nintendo revealed its Q2 financial results, which delivered a narrow profit but showed a largely downward trend in performance, particularly as the Wii U endured a poor Summer. Nintendo has now released the official translation of the financial results Q & A...

News: Satoru Iwata Emphasizes "An Opportunity" for the Wii U This Holiday Season

Satoru Iwata Emphasizes "An Opportunity" for the Wii U This Holiday Season

The importance of variety

Perhaps unsurprisingly, the Wii U once again served up the most damaging headlines from Nintendo's Q2 financial results. From 1st July to 30th September just 300,000 units were sold worldwide, adding to the Q1 results to account for 460,000 console sales in six months. Despite these figures Nintendo is standing by its...

News: Satoru Iwata Highlights a Strengthening Worldwide Market Share for 3DS

Satoru Iwata Highlights a Strengthening Worldwide Market Share for 3DS

First system since DS to surpass five million annual sales in Japan

When seeking good news and cause for optimism, Nintendo need look no further than the 3DS. A system that struggled in its early days and was written off in some quarters as out of touch and doomed to failure, it's gone on to combine a lower price, high quality games and more to...

News: Nintendo Financial Reports Bring Minor Profit, 3DS Success and More Wii U Struggles

Nintendo Financial Reports Bring Minor Profit, 3DS Success and More Wii U Struggles

PAL regions a key weak point in Wii U hardware sales

Earlier this year Nintendo revealed its Q1 financial results, in which it was able to report a net profit despite operating losses — value of the Yen and the mysteries of accounting allowed for a positive overall result. The trends largely continue with today's Q2 results (which also include...

Talking Point: Nintendo's Financial Results Tell a Tale of Two Systems and Bold Ambition

Nintendo's Financial Results Tell a Tale of Two Systems and Bold Ambition

The company builds wealth amidst negative Wii U news

Nintendo has announced its first quarter financial results, which brought some notable headlines. The company made an operating loss, but ultimately posted a net profit; despite hardware and software business struggling overall, Nintendo had boosted its coffers by roughly 8.6 billion yen ($87.8...

News: Nintendo's First Quarter Financial Results Boosted By 3DS Performance

Nintendo's First Quarter Financial Results Boosted By 3DS Performance

Despite operating loss and Wii U struggles, no change in profit projections

A few months ago Nintendo released its annual financial results, which saw the company make an overall profit but an operational loss, meaning its business had been partly bailed out by economic instruments, as opposed to profiting from selling video games and hardware...

News: Nintendo Confirms Yearly Net Profits, But Higher Than Expected Operating Losses

Nintendo Confirms Yearly Net Profits, But Higher Than Expected Operating Losses

Wii U sells 3.45 million units, missing four million target

To start with, Nintendo's financial results for 2012/2013 aren't as bad as predicted yesterday by Bloomberg; in fact, if you're just interested in the balance sheet Nintendo's affairs are in the black — the net income when all is said and done is a profit of 7,099 million Yen, which...

News: Square Enix CEO Resigns Ahead of Financial Losses

Square Enix CEO Resigns Ahead of Financial Losses

Major restructuring is planned

With the financial year closing in the coming week, Square Enix has stated that it anticipates an "extraordinary loss" as it puts into effect major restructuring of the company. With disappointing sales of console titles and the costs of making sweeping organisational changes, the company anticipates reporting a loss...

News: Nintendo Is Strengthening Development Teams, Defends Wii U Capabilities

Nintendo Is Strengthening Development Teams, Defends Wii U Capabilities

Unannounced games slated for late 2013

Following this week's financial reports, Nintendo had its standard Q&A session with investors to discuss the results and business plans. The full transcript has been published in Japanese but, at the time of writing, the English translation is yet to arrive. Thankfully, NeoGaf member farnham has translated...

News: Nintendo Cuts Profit Projections After Half-Year Results

Nintendo Cuts Profit Projections After Half-Year Results

Losses continue to fall despite weaker than expected 3DS sales

Despite all of the hype and excitement currently around Nintendo and the upcoming launch of Wii U, in addition to its efforts to improve its download platforms and more, the company's been working against a backdrop of difficult financial results. Earlier this year Nintendo had to report...