Nintendo full-year financials below expectations with 6.17 million Wii U consoles sold to-date

By Dave Cook, Wednesday, 7 May 2014 08:55 GMT

Nintendo has published its financial report for the fiscal year ended March 31, 2014. The company’s final figures have come in below expectations, with 6.17 million Wii U console sold worldwide since the machine launched, along with a more-positive 43 million 3DS handhelds to-date.

Nintendo sales to date

In its financial report issued this morning, Nintendo posted revenue of ¥571.7 billion / $5.6 billion, which is a 10% year-on-year decline. As such, the firm suffered losses of ¥23.2 billion / $228.6 million, compared to last year’s ¥7.1 billion profit / $69.9 million.

However, the firm remains positive that it will hit profit for the 2014 fiscal year ending March 31, 2015, as it ramps up its release slate, merchandising and digital sales. It has projected revenue of ¥590 billion / $5.81 billion, and an estimated ¥20 billion / $196.9 million profit.

Since launching in the 2012 holiday period, the Wii U has sold just 6.17 million consoles, with 2.72 million of those sold in the last 12 months.

In software, Nintendo has now sold some 32.28 million Wii U titles to date with 18.9 million in the last 12 months, while 3DS software sales have that a life-total of 162.92 million units.

Nintendo’s biggest releases were Pokemon X/Y at 12.26 million copies sold worldwide, followed by Animal Crossing: New Leaf at 7.66 million units to-date. The firm touted the release of Wii U games Mario Kart 8 and Super Smash Bros as ones to watch out for.

We’ll have more on the Nintendo report as it happens.

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