Category Archives: nintendo financials
Tue, Dec 03, 2013 | 12:52 GMT
Nintendo is likely to miss out on its projected ¥100 billion profit projection for the financial year, according to analysts. In addition, Wedbush Morgan’s Michael Pachter has stressed that he company “steadfastly refuse” to believe that the Wii U is in a tight spot.
Wed, Nov 06, 2013 | 11:28 GMT
Nintendo president Satoru Iwata has stressed that he does not see a dark future for the company and has explained why he is unwilling to change the company’s steep financial forecast for the full year. It comes as part of a new investor Q&A article.
Thu, Oct 31, 2013 | 08:07 GMT
Nintendo has published its second-quarter financial report. During the period some 300,000 Wii U consoles were sold as the company struggles to hit its year target of 9 million units. Meanwhile, 3DS hardware sales are down 22%.
Mon, Sep 09, 2013 | 11:16 BST
Nintendo’s stock has dropped more than 8%, and the company’s stock has missed out on the recent Nikkei 225 market list.
Tue, Aug 06, 2013 | 10:51 BST
Nintendo president Satoru Iwata has penned an address in the company’s fully-released financial report that promises to deliver “Nintendo-like” profits by the end of fiscal year March 30, 2014.
Fri, Aug 02, 2013 | 11:34 BST
Things keep getting worse for Nintendo’s Wii U system. After posting dire financials for the last quarter, many UK supermarkets are going ahead with their plans to drop the console unless things turn around fast. However, specialist and online retailers have backed Nintendo to turn things around.
Wed, Jul 31, 2013 | 12:18 BST
Nintendo is believed to be working on measures that allow gamers to make Wii U and 3DS eShop purchases over mobile, according to a new report.
Thu, Aug 01, 2013 | 09:31 BST
Nintendo’s financials for the three months ending June 30 have shown flagging sales of ¥81.5 billion, with the total number of global Wii U hardware sales for the quarter at just 160,000.
Thu, May 02, 2013 | 09:55 BST
Wii U consoles have been discounted once again at UK supermarket chain ASDA, in a presumed attempt to reverse slow sales figures.
Thu, Apr 25, 2013 | 12:07 BST
Nintendo president Satoru Iwata has addressed investors following release of the company’s financial report yesterday. He agrees that things aren’t looking good at the moment, but that the company will pick up real momentum across 3DS and Wii U this year, bolsteres by some strong IP on the horizon.
Wed, Apr 24, 2013 | 14:11 BST
Nintendo has confirmed it will place the company’s global president Satoru Iwata as CEO of the company’s North American pursuits, following the promotion of previous CEO Tatsumi Kimishima. Iwata will fill both roles for the foreseeable future.
Wed, Apr 24, 2013 | 18:11 BST
Nintendo has posted full-year profits of ¥7 billion for 2012, which is half of the company’s ¥14 billion projection. Regardless, this is an improvement over last year’s loss of ¥43.2 billion. The projection slump has been attributed to weak global sales of both Wii U and 3DS .
Tue, Apr 23, 2013 | 18:03 BST
Nintendo is expected to post its yearly financials tomorrow, and Bloomberg expects the firm to announce a ¥18.7 billion ($189 million) loss of the period. Last year, the firm announced its first-ever annual loss. According to Ace Securities Co. analyst Hideki Yasuda, many aren’t happy with how president Satoru Iwata is running the company. “Iwata hasn’t produced good results in recent years,” he told Bloomberg. “He can’t avoid being criticized.” Via Gamespot.
Fri, Mar 08, 2013 | 12:09 GMT
Nintendo’s stock has jumped this week, but unfortunately it’s not due to anything the company has done as such. The Yen has weakened, prompting a shares spike for several Japanese companies.
Tue, Feb 05, 2013 | 11:45 GMT
Nintendo boss Satoru Iwata has cast doubt on the potential of cloud gaming, and has stressed that the company will continue to support physical consoles in the foreseeable future.
Thu, Jan 31, 2013 | 03:47 GMT
Thu, Jan 31, 2013 | 00:06 GMT
Nintendo revealed total worldwide sales for a select number of titles in its Q3 earnings report this morning. According to the firm’s figures, the best-seller for the period was Pokémon Black and White 2 with 7.63 million units sold. The DS title was followed by New Super Mario Bros. 2 on 3DS for 5.96 million, Animal Crossing: New Leaf on 3DS with 2.73 million sold in Japan-only, New Super Mario Bros. U on Wii U with 2.01 million, and Nintendo Land sold with Wii U moving 2.33 million. The next title on the Pokémon docket is Pokémon X and Pokémon Y for 3DS, slated for release in October. Thanks, Siliconera.
Wed, Jan 30, 2013 | 13:36 GMT
Nintendo has reduced its sales forecast for the year ending March 31st 2013, following less-than-expected sales of both its Wii U and 3DS consoles across the current financial year. Despite the cut, the company posted a nine-month profit and has increased its net income projection for the full year as a result.
Fri, Oct 26, 2012 | 05:21 BST
Wii U will make a loss per console, according to Nintendo exec following the release of the company’s financial report.
Wed, Oct 24, 2012 | 09:32 BST
Nintendo has posted its six-month financial report for 2012, revealing a loss of 27.9 billion yen / £219m. While the loss is down from the same period in 2011 – 70 billion yen / £551m – the company has also trimmed back its yearly sales projections after seeing slow uptake of its 3DS console outside of Japan.