In the previous fiscal year, Nintendo’s Net loss was less than acceptable. However, results for fiscal year ending March 31st 2013 have shown that Nintendo is back in the black in Ordinary and Net income. There is still some work to be done in operating income, up of upcoming titles will put them in a better position by year end 2014.
“Nintendo expects to launch new titles in the Mario Kart (Wii U), Super Mario Bros. (Wii U), Wii Fit (Wii U), Pikmin (Wii U), The Legend of Zelda (Wii U and Nintendo 3DS), Mario & Luigi (Nintendo 3DS) and Pokémon (Nintendo 3DS) franchises. These games, along with titles from Nintendo’s third-party publishing partners, will help drive hardware momentum and introduce new audiences to the Wii U and Nintendo 3DS platforms.”
Hit the jump to see Top-Line results as well as Global Unit Sales. Click HERE to see the Consolidated Financial Statements (English)English Financial Highlights. A Notice Regarding the Changes of Representative Directors and Members of the Board of Directors can be viewed by CLICKING HERE. A Notice of Full-Year Financial Forecast Differences with its Results can be FOUND HERE.
Nintendo Announces Fiscal 2013 Financial Results
Nintendo today reported financial results for the fiscal year ending March 31, 2013. After reporting a net loss in its previous fiscal year, Nintendo was able to return to profitability in both Net and Ordinary Income for the full year, although Operating Income remained negative.
Based on the strong lineup of upcoming software titles for both the Nintendo 3DS and Wii U systems, Nintendo expects to return to Operating Income profitability by the end of the current fiscal year. During the next several months, Nintendo expects to launch new titles in the Mario Kart (Wii U), Super Mario Bros. (Wii U), Wii Fit (Wii U), Pikmin (Wii U), The Legend of Zelda (Wii U and Nintendo 3DS), Mario & Luigi (Nintendo 3DS) and Pokémon (Nintendo 3DS) franchises. These games, along with titles from Nintendo’s third-party publishing partners, will help drive hardware momentum and introduce new audiences to the Wii U and Nintendo 3DS platforms.
The majority of these titles will be available as physical products at retail locations, as well as full-game downloads from the Nintendo eShop as Nintendo continues to expand its overall digital proposition. In the most recent fiscal year, the revenue from digital software sales increased by more than 110 percent over the same time frame last year.
Top-line results for the full fiscal year and financial forecasts for FY 14 are as follows (in millions of yen):
|FY 2013 Results|
|FY 2014 Forecasts|
Global unit sales for FY 2013, life-to-date sales and forecasts for FY 2014 are as follows (millions of units):
FY 2013 Sales
FY 2014 Forecast
|Nintendo 3DS |
|Nintendo DS |
*LTD and FY 2013 software unit sales include both standalone and bundled software.
** Nintendo will continue to sell Nintendo DS Hardware but is not revealing a unit sales forecast at this time