Financial Results News

News: Nintendo Reports Losses for Q1 of Financial Year, With Variable Hardware Results

Nintendo Reports Losses for Q1 of Financial Year, With Variable Hardware Results

Wii U gains over last year, though the 3DS falls away

Back in May this year Nintendo revealed its losses for the last financial year, with the company projecting profits for the following year as it aims to reverse consecutive poor returns. The Q1 results have now been published and they tell a mixed story, with the quest for profits evidently being...

News: Satoru Iwata Believes Nintendo Can Establish a "New Core Business" to Join Video Games

Satoru Iwata Believes Nintendo Can Establish a "New Core Business" to Join Video Games

To "consider establishing other pillars that leverage its strengths"

When Satoru Iwata announced that Nintendo would be revealing a Quality of Life (QOL) platform in the coming year, some Nintendo fans expressed concern that the company would be diverting resources and attention away from its core gaming systems. While that'll be an ongoing topic,...

News: Satoru Iwata Explains "Conservative" Wii U Sales Projection of Just 3.6 Million Units

Satoru Iwata Explains "Conservative" Wii U Sales Projection of Just 3.6 Million Units

A target Nintendo "should at least reach" through MK8 and Smash Bros.

When Nintendo released its financial results recently, we highlighted the worryingly low projection for Wii U sales. While the 3DS is expected to sell around 12 million units over this fiscal year, Nintendo's estimate for its home console is just 3.6 million units — should that...

News: Nintendo's Plan for "Redefining the Definition of Video Game Platforms" Around Two Years Away

Nintendo's Plan for "Redefining the Definition of Video Game Platforms" Around Two Years Away

Company has a "clear idea to some extent" on future hardware direction

Following the financial results issued last week, Nintendo has now issued the officially translated Q & A with shareholders in which company President Satoru Iwata addressed a series of tough questions, some of which concerned the company's plans over the next 2-3 years to...

News: Sonic Lost World Hits 710,000 Sales as Sega Lines Up Significant 3DS Support

Sonic Lost World Hits 710,000 Sales as Sega Lines Up Significant 3DS Support

Nintendo's portable projected to be Sega's biggest console market this year

Like pretty much every other major Japan-based corporation, Sega — or SEGA Sammy Holdings to be more accurate — has published its financial results. For Nintendo gamers it reveals some interesting, and pleasing, results. To start off with some reasonably positive news,...

News: Western Markets Vital For Nintendo Hardware Sales as Japan Gains Ground

Western Markets Vital For Nintendo Hardware Sales as Japan Gains Ground

More 3DS units sold in Japan than North America

With Nintendo no doubt plotting its route to profitability in the coming financial year, one area of consideration is likely to be boosting sales outside of Japan. Worldwide results are important, of course, but the Wii U and 3DS are showing patterns of dropping sales in the West as compared to...

News: Here's an Updated Summary of Nintendo's Software Bestsellers

Here's an Updated Summary of Nintendo's Software Bestsellers

Pokémon and Mario lead the way

When Nintendo releases its updated financial reports, it also publishes fresh figures for hardware and software — we've covered the former in our main summary of the year-end results. The software highlights tell their own tale, however, and perhaps help to explain why Nintendo opts for particular franchises and...

News: Nintendo Reports Financial Losses As Expected, Along With Modest Wii U Sales Targets

Nintendo Reports Financial Losses As Expected, Along With Modest Wii U Sales Targets

Only 3.6 million Wii U hardware sales expected in the current year

Nintendo has today revealed its financial results for the 2013 / 2014 year, which unsurprisingly bring losses as projected by the company in its Q3 report. Losses are higher and sales are down on those estimates, however, pointing to a difficult Q4 for the company, while there are...

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...