Nintendo has released their consolidated financial results for April to December 2013. The numbers are down, but mostly in line with expectations. They are definitely closer to Nintendo’s recent financial forecast, making reaching those goals much more attainable.
Net sales are at 499.12 million yen, a decrease of 8.1 %. Operating income is a loss of 1.578 million yen. Ordinary income is an increase of 144.2 %, at 55.566 million yen, and net income is an increase of 29.9 % at 10.195 million yen.
In plainer terms, and with the newer forecasts in mind, Nintendo actually made money, but is still performing below the company’s own projections. Nintendo’s results briefing won’t be until tomorrow, but based on the information from their last financial forecast that they will attribute losses to expenses incurred from research and development, including expanding operations and establishing a new building, as well as buyback of a large number of shares, as much as 10 % of their outstanding stock. It is speculated that this is coming from their recently deceased benefactor’s estate, that of Hiroshi Yamauchi.
In terms of products, 3DS sold 7.75 million units, and Wii U sold 2 million units. Super Mario 3D World sold over 1 million units, The Legend of Zelda: A Link Between Worlds 2.16 million units, and Pokemon X & Y 11.6 million units.
There’s no getting around the fact that the numbers are poor, but there’s still a silver lining to be gleamed. Pokemon X & Y is an unqualified success, and in spite of expectations Super Mario 3D World is now past the 1 million units mark. The world is surely waiting for Nintendo’s briefing, where it is expected that they will unveil their mobile strategy. You know we’ll be keeping you up to date on that tomorrow.
