Nintendo Releases Fiscal Year End 2013 Financial Results

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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):

Net Sales

Operating Income

Ordinary Income

Net Income

FY 2013 Results

635,422 (-1.9%)

(36,410)

10,482

7,099

FY 2014 Forecasts

920,000

100,000

90,000

55,000

 

Global unit sales for FY 2013, life-to-date sales and forecasts for FY 2014 are as follows (millions of units):

FY 2013 Sales

LTD

FY 2014 Forecast

Wii UHardware

Software*

3.45

13.42

3.45

13.42

9

38

Wii                   

 

Hardware                          Software*

3.98

50.61

99.84

869.06

2

20

Nintendo 3DS 

 

Hardware                      Software*

13.95

49.61

31.09

95.03

18
80

Nintendo DS   

 

Hardware                       Software*

2.35

33.38

153.87

933.69

N/A**

10

 

*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

Essel Pratt has spent his life exploring his imagination and dreams. As a Husband and a Father, he doesn't have as much time to write as he would like. However, his mind is always plotting out his next story. Someday he hopes to quit the 9-5 grind and focus on writing full time.Currently, Essel has three published short stories and is working on a handful of novels. Essel focuses his writings on mostly Horror/Sci-Fi, however is known to add a dash of other genres into his writings as well. In his spare time, he can be found playing one of the 40+ video game consoles in his collection, especially his Wii U (NNID: EsselPratt).Click the links below to follow Essel's exploits in the writing world, and be sure to follow his blog at http://esselpratt.blogspot.com/ as well as his articles on Nerdzy.com.