Tag: Financials - Page 3
News Nintendo Has High Hopes For Nintendo Switch Sports As It Nears 5 Million Sales
Going for gold
As part of Nintendo's financial results for the three months ended June 2022, it highlighted the total sales for a number of games released during the period, including the divisive Nintendo Switch Sports. Despite some lukewarm reception from both ourselves and the community, Nintendo Switch Sports has nevertheless proved a hith with...
News Nintendo Reports Drop In Sales For Q1- Should We Be Worried?
Semiconductor shortages puts a strain on console production
Nintendo has released its financial results for the three months ended June 2022, reporting an operating profit loss and a drop in both hardware sales and software sales. In terms of its net sales, Nintendo reported a total of 307.4 billion yen, which is down by 4.7% YoY. Hardware sales...
News Nintendo Switch Sales Surpass 111 Million
Though year-on-year numbers have dropped again
Nintendo's latest financial report for Q1 2023 (April - June 2022) has been published, and the Switch has just surpassed 111 million units sold. However, as with last quarter, there's been a drop in year-on-year sales. Citing the ongoing semiconductor shortage — and comparing this quarter's major...
News Nintendo Reconfirms Release Windows For Major Upcoming Switch Games
Bayonetta! Kirby! Pokémon!
Nintendo has released its latest financial report today, and as with every one of these, the company has updated its list of upcoming releases. June and July have been pretty busy months for the Big N, but the rest of the year is looking much calmer. This updated schedule does include July's releases — so Live A Live...
News Nintendo Appears To Be Stockpiling Raw Materials, Doubles Its 2019 Spending On Supplies
Making hay, or something else?
In the 2021/22 financial year, Nintendo spent more than double its previous highest Switch-era annual expenditure on raw materials and supplies, according to figures from shareholder disclosure documents. While the company hosted its 82nd AGM of shareholders on 29th June (and will soon publish translated notes on the...
News The Pokémon Company Delivers 'Staggering' Financial Results
Driven by a packed year of games
While May brought us plenty of financial reports from gaming's biggest companies, a notable absentee was The Pokémon Company; as a private business its disclosure requirements are limited. Thankfully Serkan Toto, CEO of Kantan Games Inc. and a notable analyst in the industry, has shared some details that were...
News Nintendo Reports That More 3DS Games Launched Last Year Than In 2020
Eight games to two!
If you thought it was all over for the 3DS, think again. Nintendo's marvellous handheld is still hanging in there, despite the fact that production of the console ceased in 2020, and that the eShop will be closing next year. That hasn't dampened developers' spirits, however, as Nintendo has reported that the console got eight...
News Nintendo Confirms 10-For-1 Stock Split To Boost Share 'Liquidity' And Investor Base
In other words, 1 currently held share will become 10 shares soon
Nintendo has taken the opportunity with its annual financial results to make some notable business moves, even if they're little to do with the games we get to play or the systems we own. In addition to a planned share buyback, the company has announced a major shift to its shares /...
News Nintendo Aiming To Spend Over $400 Million On Another Share Buyback
Similar to a move in August 2021
The Switch-led successes for Nintendo over the last five years have enabled the company to once again generate significant profits and enhance its already impressive cash reserves. While investment has clearly gone into game development, will continue in terms of hardware R&D, and of course into major...
News Nintendo Forecasts Profits And Sales To Drop In This Financial Year
Still expects Switch to once again pass 20 million hardware sales
After the dizzying highs of the 2020/2021 financial year, the most recent financial results from Nintendo show an expected but relatively modest drop following the pandemic / lockdown-related boom. The results are still very strong, yet we're now into the sixth year of the Switch...
News Nintendo Reconfirms Release Windows For Major Upcoming Switch Games
Bayonetta 3 still on for 2022, Metroid Prime 4 and Advance Wars TBA
With Nintendo publishing its latest financial report, the company has reshared and updated its list of upcoming releases. We've had plenty of brand new releases to etch into the calendars over the last period, what with that beefy February Nintendo Direct. The updated schedule...
News Here Are The Top Ten Best-Selling Nintendo Switch Games As Of March 2022
Pokémon Brilliant Diamond & Shining Pearl overtake Let's Go!
Nintendo has just published its latest financial report, and one of the biggest highlights of it is seeing the total sales figures for the company's most popular games. And there are no newcomers or big surprises here. Once again, Mario Kart 8 Deluxe is at the very top — will it ever...
News Nintendo Physical Game Sales Made Up 47% Of All UK Retail Game Sales In 2021
And the most popular titles won't surprise you
While digital game sales are rising year upon year, Nintendo is still the champion of physical media. And that is reflected in 2021's sales charts, as the Big N made up 47% of physical games media sales last year. Games like FIFA 22 and Grand Theft Auto V saw a big slice of the digital pie in 2021, but...
News Nintendo Share Value Continues Positive Momentum After Strong Financial Results
Moving on up
Nintendo revealed its Q3 financial results and conducted an earnings call Q&A this week. As is the norm for a quarterly update it didn't have any major reveals or announcements, but rather gave a state of play in terms of sales and business performance - particularly important in this case as it includes sales from the Holidays...
Talking Point Nintendo's Mastery Of Physical Game Sales Hides Limited Digital Growth
Download revenues lag behind rivals
Nintendo's Q3 financial results have been shared and an overall take could probably be a simple "yep, business as usual". Arguably it's a little better than that, though, with an exceptional Q3 (driven by strong sales in the Holidays) allowing Nintendo to increase its projected profits (albeit while shaving a...
News Nintendo Reconfirms Release Windows For Major Upcoming Switch Games
Breath of the Wild 2 still on for 2022, Metroid Prime still TBA
Nintendo's latest financial report is live and the company has (re)published its upcoming release schedule. Below, we've listed the major Nintendo releases currently on the docket for 2022 — the announced ones, at least. The updated schedule includes January launches, so you'll find...
News Nintendo President Reiterates That Switch Is "Just In The Middle Of Its Lifecycle"
Aims to avoid the year six dip and increase momentum
There are plenty that crave updated hardware from Nintendo, but the current statements out of the company - alongside outstanding sales momentum - suggest it could be quite a wait. Add in the ongoing chip shortage issues that are impacting manufacturing and sales, and Nintendo is understandably...
News Nintendo Drops Switch Hardware Estimate But Expects Increased Profits
Software sales estimate also increases
Nintendo's Q3 financial results (up to 31st December) are out, and there are some interesting snippets of information to digest. When it comes to adjustments to the company's full year estimates, meanwhile, it's mostly positive news. Before we get into the numbers, here's some of Nintendo's official statement:...
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 Reiterates 'ESG' Initiatives On The Environment, Diversity And Transparency
Will continue to target 'environmentally conscious products'
Nintendo's extensive financial results briefing has plenty of information in various areas, and right at the back is the company's renewed commitment to its 'ESG' Initiatives - Environment, Social and Governance. It reiterates some information seen in the most recent corporate social...
News Nintendo's Profits Remain Down But On Track, Despite Drop In Switch Sales Projection
Confirms previous Nikkei report on production issues
Earlier this week Nikkei reported that Nintendo was encountering production issues related to the ongoing chip shortage, which has also been a problem for Sony and Microsoft with its latest hardware. In the updated Q2 financial reports issued by Nintendo it's effectively confirmed that report,...
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...
News Despite Increased Sales, Nintendo's Year-On-Year Profits Have Almost Halved
Exchange rates and 'other factors' to blame this quarter
While the overall picture in sales terms was relatively rosy for Nintendo according to its latest financial figures, shareholders aren't doing quite as well as the revenue figures suggest. Despite increases in sales and a 2.4% increase in revenue to 172 billion yen, profit has taken a 45.7%...
News Nintendo Will Keep Offering Add-On Content And Free Updates For Its Games
Don't stop playing
It's become common practice for developers and publishers to sustain key releases with updates and downloadable content. Nowadays, Nintendo is no different. During the latest financial results briefing, company President Shuntaro Furukawa said the video game giant would continue to create add-on content and free updates for...
News Nintendo's Digital Sales Are Nearly Double The Amount Of The Previous Fiscal Year
Up and up
It might not seem like it, but Nintendo has been selling games digitally for many years now. Over time, these particular sales have become an increasingly important part of the company's earnings. During the latest financial results briefing, President of Nintendo Shuntaro Furukawa revealed how the latest digital sales figures are nearly...
News Nintendo Discusses Plans For E3 2019, Will Release A Video Presentation
"We plan to continue our practice of the past few years"
Following on from his comments that there would be no new hardware at this year's Electronic Entertainment Expo, Nintendo's President Shuntaro Furukawa has now revealed the company's plans. Once again, Nintendo will not be hosting a large-scale conference for institutional investors,...
Playing together
During Nintendo's latest financial results briefing, President of Nintendo Shuntaro Furukawa revealed more than 9.8 million players have signed up to the Switch Online service. This figure excludes free trial memberships and includes family memberships. In addition to this, he briefly touched on the battle royale game Tetris 99. As...
News Nintendo Mobile Profits Reach Over $400 Million, Up 17% From Last Year
Looks even more impressive in yen
In its latest financial report Nintendo has posted some impressive results for its mobile business. Citing action RPG and new IP Dragalia Lost as an especially strong driver in this area, the Kyoto company reports an income of 46 billion yen (just shy of £320 million or over $411 million). That represents a...
News Nintendo Switch Has Now Shifted 34.74 Million Units Worldwide, Sales Up 12.7%
A strong second year for Nintendo's handheld
Nintendo has released its latest financials showing strong sales in both hardware and software. The chief figure that stands out is that total Switch hardware sales are up 12.7%, meaning that worldwide unit sales now stand at 34.74 million with the company selling 1,900,000 more consoles in the 2018-19...
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 Earnings Predictions Anticipate Increased Switch Sales
But Nintendo shares are down nearly 4%, so who knows
The start of next week should be very interesting indeed, as Nintendo will reveal its Q2 financial results. After a rather uneventful set of reports for Q1 - and doggedly sticking to conservative Switch projections despite speculation otherwise - we could see Nintendo shift its sales targets for...
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...
Share value soars as downloads bring buzz and in-app purchases
When Pokémon GO launched last week it prompted a climb in Nintendo's share value, which was unsurprising considering its high profile status. Yet as the days have progressed the app has gone viral in many ways, and the stock market in Japan has reacted accordingly. At the close of the...
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...
