News: Nintendo Pushing Towards FY Profit in Latest Figures Page 1

Nintendo Pushing Towards FY Profit in Latest Figures

It's finance time, folks, as Nintendo have posted the latest sales data for the nine months ending 31st December 2014.

Overall, Nintendo has predicted profits when the current fiscal year comes to a close, but the Japanese game maker is still facing slow hardware growth for the Wii U. Nintendo are expecting net income to be around 30 billion yen at the end of the fiscal year, however the operating earnings forecast has been reduced to 20 billion yen.

As for quarterly earnings, for the period ending December 31st, Nintendo reported net income of 45.2 billion yen, with sales of around 271.5 billion yen.

Nintendo sold 3.03 million Wii U consoles during the period, up from 2.41 million during the same timeframe in 2013. The console now sits at a 9.2 million lifetime figure so far.

Nintendo Hardware & Software Forecasts

Nintendo have revised forecasts for the current fiscal period as:

3DS Hardware: 9 million (down from 12)
Wii U Hardware: 3.6 million (same)
3DS Software: 61 million (down from 67)
Wii U Software: 25 million (up from 20)

Key Software Sales include:

Pokémon Omega Ruby / Alpha Sapphire 9.35 million
Super Smash Bros 3DS: 6.19 million
Super Smash Bros Wii U: 3.39 million
Mario Kart 8: 4.77 million

Nintendo also reported strong Amiibo sales, with 5.7 million units sold worldwide since the end of November.

Do you think Nintendo can continue to bounce back with the Wii U?

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Jon Turner 01.02.2015#1

That ultimately depends on how well received the games are, but it certainly has a chance. The more games sell on it, the more enticing it will be to thirds.