Details from Nintendo’s Q1 financial results
If you love sales and numbers, you’re going to greatly enjoy the points below. All of the details come from Nintendo’s Q1 2011 financial results.
– Nintendo expected net sales of 360,000 million yen for the half year spanning April 1 – September 30
– Expected operating income of 20,000 million yen
– Also expected net income of 18,000 million yen
– Now been respectively cut to 240,000 yen, 50,000 million yen, and 35,000 million yen
– Lowered sales forecast from 1,100,000 million yen to 900,000 million yen, operating income forecast from 175,000 million yen to 35,000 million yen, and net income forecast from 110,000 million yen to 20,000 million yen (full year ending March 31, 2012)
– Revisions due to stronger-than-expected yen appreciation, sales performance, 3DS price cut, sales outlook for the holidays
– Nintendo has to revise its exchange rate assumption from 83 yen to 80 yen per US dollar
– Lowered DS sales expectation to 9 million, 16 million for 3DS, 12 million for Wii
– DS and Wii figures are down from 11 million and 13 million, 3DS is the same
– Now expecting to sell 70 million units of software
– DS software projection cut from 67 million to 62 million
– Wii projection cut from 120 million to 110 million
– Current three month period ending June 2011: Sales fell to 93,928 million yen from the 188,646 million the same three month period in 2010
– Operating loss of 37,712 yen (23,342 million operating gain last year)
– Net loss remains at 25,516
– Reasons for losses: exchange rate, advertising costs for 3DS, costs for research/development for Wii U
– 3DS: .71 million units of hardware sold, 4.53 worldwide
– Total hardware sales for 3DS: 4.32 million
– Software sales for 3DS: 13.96 million
– Nintendo said Zelda: Ocarina of Time 3D was favorably received, but “3DS had few other hit titles”
Thanks to Thomas N for the tip!
