Tag: Financial Results - Page 2
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...
News 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
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"
"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 that...
News Nintendo Reports Continuing Improvement in Download Sales
Pokémon X & Y prompting more players to keep their 3DS with them
Satoru Iwata's Q2 financial briefing focused on three key areas — the strength of the 3DS, the strategies to revive the Wii U, and the continuing growth of Nintendo's download sales and platforms. In that final category, Iwata-san made clea
News 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
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
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 the...
News Wii U Research & Development Costs May "Undermine Profitability"
IHS head of games Piers Harding-Rolls not writing off Wii U
Yesterday brought us Nintendo's Q1 financial reports, with the headlines generally focused on an overall profit, strong 3DS performance and poor Wii U sales. In terms of what was expected for the three months in question, it was a report with little in the way of major surprises, though did...
Talking Point 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
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. The...
News 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 Analysts Predict Financial Year Losses to be Reported by Nintendo
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...
News 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
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
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...
News Nintendo Confirms Financial Loss for First Quarter
Not a surprise
As you may recall, Nintendo announced its first annual loss in 30 years in April, as the company faced the music for problems with the 3DS launch and a declining Wii. It's just announced its results for the first quarter of this current financial year and, as anticipated, it's a loss. In the three months that ended 30th June this...
