Financial Results News, Financial Results Features

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...

We'll know soon enough

When Nintendo revealed its financial update for Q3 at the end of January, it projected a net profit of 14 billion Yen (just over $150 million) for the financial year; it must be said that this projected profit was in spite of an operating loss, which reflects the core business of producing and selling consoles and games. That...

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...

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...

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...