Tag: Financial Results
News Nintendo Switch Now Has Over 6700 Third-Party Games
And some of them are actually darn good
The Switch has a lot of games, and we'd certainly argue that quite a lot of really good games are in the system's vast library, waiting to be discovered. There are plenty of bad games and silly apps, of course, but there is nevertheless plenty of fantastic variety for those that seek out the better options...
News Nintendo To Spend Up To $900 Million To Buy Back Its Own Shares
"We have a strong cash position thanks to the Nintendo Switch business"
The Nintendo Switch generation has been transformative for Nintendo's business and finances, consolidating development onto one main platform, delivering impressive sales and significantly boosting the company's bank balance. It certainly brings the boom years of the DS and Wii...
News Nintendo's Profits Drop As Expected, But It Remains In A Strong Position
Annual estimates remain unchanged
Since the last set of financial reports Nintendo has enjoyed a positive E3 showing and unveiled the Switch OLED, giving us indications of why the company has remained optimistic of generating major profits this year. The headline summary is that the estimates given in the previous year-end results remain unchanged...
News Nintendo Switch Production Is Struggling To Keep Up With Demand
"The fact is that our production plans are more uncertain"
Though it's not a particularly glamorous topic and isn't talked about as much as it should be, there is currently a manufacturing crisis engulfing aspects of the technology industry, including video games. The woes of Sony and Microsoft in trying to produce enough new consoles to meet demand...
News Nintendo President Outlines Reasons For Increased R&D Spend, Including Next-Gen Hardware
Next-gen development "needs to begin years before launch"
Last week Nintendo delivered its annual financial results, and it's fair to say it had a spectacular year. We wrote about some key takeaways, and one that was worth noting was that Nintendo had set a new record for its spending on R&D (research and development). Many leap to conclusions...
Biggest third quarter operating profit for eight years
Nintendo has released its Third Quarter Results for this financial year, and the big headline is that in less that a year on sale the Switch has managed to surpass the lifetime sales of its forerunner, the Wii U. The figures show a company in rude health, with net sales up 175.5 percent...
Analysis Switch Drives Impressive Sales as Nintendo Delivers Q2 Profits
Revenues from mobile also play their part
As you've likely already seen, Nintendo has increased its forecast for Switch hardware sales and delivered some impressive results in its Q2 reports. Let's break the results down. Starting off with net sales, at 374,041 million Yen ($3293 millionUSD, approximately) it's a number that's easily the highest...
News Nintendo Switch Has Sold 4.7 Million Units Worldwide
13.6 million Switch games sold, too
Nintendo's Q1 financial results have been posted - we'll be pulling them apart very soon - but the big news is that the Switch has sold 4.7 million consoles worldwide since its launch at the start of the year. In addition to that, 13.6 million pieces of Switch software have been sold globally. Of these, Mario...
Feature What We Expect From Nintendo's Annual Financial Reports
E3 teases, sales, an insight into the big N's confidence in Switch and more
On 27th April Nintendo will publish its 'Fiscal Year Earnings Release' - understandably that phrase may not fill you with giddy excitement, but it's more interesting than it sounds. Typically these year-end results and reports, due to their importance and timing, reveal some...
3DS gains let down by poor Wii U and amiibo sales
It's been a busy couple of weeks for Nintendo, though primarily in talking about what the future will bring. In its Q2 financial reports it's had to focus on the nitty gritty of money made in the past six months, and the outcome isn't particularly encouraging; the declining interest in Wii U and (it...
amiibo struggles as NX is confirmed to be included in projected sales
As was already known, this is the financial year that will bring us Nintendo's NX system, though the company isn't yet ready to reveal details despite reports that may have outed key details on the platform. What we do have are the Q1 financial results, which as expected don't...
News Nintendo Shipped More Than 50 Million amiibo In a Year
Nearly 25 million figures
With the NFC scanner on the Wii U GamePad and now the New 3DS / portal options, Nintendo gives gamers a chance to enjoy toys-to-life gaming quickly and easily. As we all know the amiibo range arrived in late 2014 to kickstart this new era of Nintendo collectibles, and it's proven to be a success. Back in February Nintendo...
News 14 Titles Across Wii U and 3DS Were Million Sellers in the Last Year
Happy news! Yes, really!
Well, it's not been a particularly happy time for Nintendo fans since the company announced its financial results and gave various updates - mainly delays. Yet it's not all bad, it really isn't! In fact, the last financial year brought some pleasing successes on the software front for both the Wii U and 3DS. The usual list...
Wii U estimated to sell just 800,000 units over financial year
With the reveal of its financial results for the year Nintendo has certainly caused some shocks, such as The Legend of Zelda for Wii U being the only playable Nintendo game at E3 (also delayed to 2017 for both Wii U and NX),
News Nintendo NX Will Be Launched Globally in March 2017
Not being shown at E3
Update: Nintendo has confirmed that the NX will not be revealed or shown before or during E3. Nintendo previously announced that it would release more information about its next system, code-named NX, this year. As the first announcement of any NX information, Nintendo confirmed that NX is scheduled to launch in March 2017...
Feature Key Details to Look Out for in Nintendo's Vital Financial Reports and Briefings
NX timeline, mobile strategy, projected profits and more
We trust you've had your calendars marked for the momentous day - 27th April, Nintendo Earnings Release. No? Well, that's understandable, but it's actually more interesting than it sounds. The end of the financial year and its reports are among the most important presentations Nintendo gives...
News Tatsumi Kimishima Places the Emphasis on Young Staff and Targeting Consumers Beyond Games
Ideas from young employees key for "transition to the next generation"
It can be argued that, since the Wii and DS era, Nintendo has been relentless in its pursuit of new groups and generations of gamers, with its 'Blue Ocean' strategy aiming to make gaming accessible to all. Despite this it's been accused at times of being slow to react to modern...
News 3DS to Continue as a 'Major Pillar' of Nintendo's Business
Still targeting popular releases on Wii U, too
The present-day Nintendo landscape isn't particularly positive, even though we may wish it otherwise, as continually modest sales levels for Wii U are joined by dropping momentum for the 3DS. So much focus is on the future in mobile and the next generation of hardware, it's easy to forget that this...
News Tatsumi Kimishima Pinpoints NX and Mobile as Key Areas to Deliver 'Nintendo-Like' Profits
Another reminder that NX is due before March 2017
In the past week Nintendo revealed its Q3 financial results, which brought a dip in profit and some slightly concerning sales figures. Overall, however, investors seemed to keep the faith while Nintendo President Tatsumi Kimishima kept most cards closely to his chest in the accompanying President's...
News Download Sales Continue to Increase to New Highs for Nintendo
Growth in the Americas drives increased revenue
When you go back to the start of this generation (March 2011 for 3DS, November 2012 for Wii U) and consider the eShop stores and Nintendo's approach to DLC at those times, you see a company that's transformed its download offerings fairly rapidly. The actual store designs have only had relatively minor...
News Nintendo Shows Off the Continuing Growth and Popularity of amiibo
amiibo = $$$
Whenever Nintendo talks about sales and profits, it can always turn to amiibo for good news. Company President Tatsumi Kimishima wasn't short of statistics to use when highlighting how successful the NFC range has been, which has already accumulated over 40 million sales (between figures and cards) in the first three quarters of this...
News Wii U Sales Show Promising Growth Courtesy of Splatoon and Super Mario Maker Success
Splatoon continues to beat Mario Kart 8 sales momentum
While current 3DS sales are rather disappointing, Nintendo's most recent financial reports did bring good news for the Wii U, with the system on track for its targets and outperforming the equivalent sales of the year before. In Nintendo President Tatsumi Kimishima's briefing one game's role in...
News Nine Nintendo Titles Pass One Million Sales For This Financial Year
The green and the evergreen
With Nintendo having shared its financial reports for Q3, therefore covering the first nine months of the financial year, we can get an idea of the year's notable successes, especially as these sales figures cover the all-important Holiday period. Overall Nintendo can point to nine of its games that have sold over one...
News Nintendo Profits Dip as amiibo Hits Over 40 Million Sales in Nine Months
3DS and Wii U still apparently on track for targets
Original Article: Nintendo has revealed its latest financial results for Q3 of the 2015 / 2016 year, which run from 1st April to 31st December last year and, as a result, provide an indication of the company's performance over the critical Holiday period. The outcome is rather mixed, with some...
News Nintendo Reports Profits as System Sales Show Positive Momentum
Major releases and amiibo keep the company on track
Nintendo has now revealed its financial results for Q2 of the 2015 / 2016 year, which cover the typically quiet period between 1st April and 30th September. The outcome is positive with profits and reasonable momentum, with the added outcome that Nintendo is sticking to its financial and sales...
News Wii U Squeezes Past 10 Million Lifetime Sales as Nintendo Remains on Target With Profits
Splatoon "contributed to vitalizing the Wii U platform"
Nintendo has today revealed its financial results for Q1 of the 2015 / 2016 year, with the three months reported representing a relatively quiet spell in terms of major software arrivals. With that said, the results bring profits, and notably Nintendo is sticking with its original projections...
News SEGA Records Financial Losses and Aims to Stick With "Mainstay IP" Game Releases
Sonic Boom sales pass half a million
2015 hasn't been a great year for fans of 'classic' SEGA, the company that was once a top player in the video game industry. It still boasts some useful PC franchises and RPG IPs through acquisitions of companies such as Sports Interactive, Creative Assembly and Atlus, but has been struggling with its own games...
News Mario Kart 8 Passes Five Million Sales and eShop Download Numbers Continue to Rise
The latest sales figures for the biggest Wii U and 3DS games
Nintendo has today unveiled its annual financial results, which brought higher than expected profits for the company. Various other snippets of information were included in the announcements, including a breakdown of sales numbers for the biggest games on Wii U and 3DS. The most notable...
News Nintendo Announces Higher Than Expected Profits Despite Missed Sales Targets
"A gaming application for smart devices" to help improve revenue
Nintendo has today revealed its financial results for the 2014 / 2015 year, which have delivered profits as expected from its previous projections in its Q3 results. The results are an improvement over the projections previously given, primarily due to yen depreciation and streamlined...
News Nintendo Delays Financial Results Presentation and Q & A Until 17th February
Follows the launch of New Nintendo 3DS, speculation of reveals inevitable
Following Nintendo's recent Q3 Financial Results we've been patiently awaiting the standard investor Presentation and Q & A that follows; these briefings can be rather informative, with Satoru Iwata and colleagues often announcing key plans for the company while tackling...
Financial analysts in Japan pitch in on Wii U and 3DS
Today Nintendo revealed its latest financial results, which delivered solid income but lowered overall estimates for the year's sales, particularly for 3DS. It was a mixed outcome that, despite sizeable profits courtesy of exchange rate gains, has once again prompted discussion around the...
News Nintendo Stays in Profit With Wii U on Target, Though 3DS Sales Fall
Smash Bros., MK8 and Pokémon all flourish, 3DS hits 50 mil lifetime sales
Back in late October Nintendo reported its Q2 financial results which brought some key improvements. After sustaining a number of consecutive losses the company returned to profit, maintained bold sales projections and was in a position to talk up improved Wii U momentum. We...
News Satoru Iwata Returns to Regular Work Following Surgery
Has lost weight but feels healthier
When Satoru Iwata missed E3 this year for medical reasons, there was some concern over the Nintendo President's well-being — it was then confirmed that he'd undergone surgery to remove a growth from his bile duct, and he subsequently missed the company's AGM (annual general meeting). Nintendo said little but to...
News Nintendo Returns to Profit as Wii U Sales Show Signs of Life
Overall company sales still down on last year, though
Earlier this year Nintendo reported losses for Q1, as its poor run of financial results continued. Despite those troubles the company stuck to its projections that it'd return to profit this year while hitting more modest sales goals, and today's Q2 results bring good news in key areas; the...
News Satoru Iwata Is Still "Recovering Steadily" With "No Interference" To His Work As President
Investment analysts share gloomy outlook
Earlier this year there was some concern when it was announced that Satoru Iwata would miss E3 for health-related reasons; it was later confirmed that this was due to an operation to remove a bile-duct growth, with the recovery from that surgery forcing Satoru Iwata to miss the company's AGM (Annual General...
Reaction Nintendo's Drop in Momentum Is A Bigger Concern Than Initial Financial Losses
Net sales and 3DS performance are down on last year
Nintendo's Q1 financial results have been announced and, in a continuation of the past couple of years, bring losses for the company. We'll repeat the nitty-gritty before assessing some other key points, yet we should perhaps take the positive spin that Nintendo is maintaining its projections for...
News 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
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
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
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
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 Capcom Hails "Explosive Popularity" of Monster Hunter 4
Phoenix Wright: Ace Attorney - Dual Destinies target "basically achieved"
It's no secret that Monster Hunter 4 has been a substantial success for Capcom, blowing away initial projections and now challenging for the crown of best-selling title in the franchise; it's sold 4.1 million copies in Japan alone, as of 31st March. In its financial results...
News 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
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
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"
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
"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
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
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
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...
