Nintendo Financial Results – Second-Quarter Earnings

Nintendo Financial Results – Second-Quarter Earnings

Nintendo has published its second quarterly financial report today and posted an overall net profit of 14.3 billion Yen, exceeding analysts’ predictions. Nintendo has managed to pull out a quarterly operating profit of 215 million yen ($2 million) in its second quarter, compared to an 18 billion yen operating loss in the same quarter a year ago.

According to its official page highlights are as follows:

Hardware sales:

  • Wii U: 1.12 million units (hardware)
  • Wii U LTD: 7.29 million units (hardware)
  • Wii U: 9.4 million units (software)
  • Wii U LTD: 41.67 million units (software)
  • 3DS: 2.09 million units (hardware)
  • 3DS LTD: 45.42 million units (hardware)
  • 3DS: 23.3 million units (software)
  • 3DS LTD: 186.22 million units (software)

Software sales:

Other Highlights:

  • 171.4 billion yen revenue
  • 14.3 billion yen net income
  • Operating loss of 0.22 billion yen
  • Nintendo has reversed the losses in Q1 from Foreign Exchange due to Q2’s stronger than expected US

Nintendo said in its earnings report that the Wii U has been “experiencing improved sales momentum,” since the May release of “Mario Kart 8,” and that it will release of “Super Smash Bros. for Wii U” next month in the U.S. and in December in Japan and Europe. “Moreover, we will launch character figures called “amiibo,” which are categorized as a brand new product genre, in conjunction with the release of “Super Smash Bros. for Wii U.” 

Subsequent year, the company intends to bring in quite a few new titles including Splatoon, which allows two teams take on roles as squids that morph into people and shoot different-colored ink in timed matches. It will roll out a new Zelda game, a title called Xenoblade Chronicles X and a Mario racing game that lets users make their own courses.