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Nintendo Bounces Back And Turns FY Profit

Nintendo Bounces Back And Turns FY ProfitNintendo posted an operating income of 24.77 billion yen (around $261 million), up from a loss of 46.43 billion yen year-on-year, and net income of 41.84 billion yen, up from a loss of 23.22 billion yen. Net sales of 549.78 billion yen, however, were down from 571.73 billion yen.

Wii U sales for the year totalled 3.38 million units, with Nintendo forecasting largely flat sales of 3.4 million units for the next fiscal year. 3DS sales totalled 8.73 million units, with Nintendo expecting sales of 7.6 million units in the upcoming year.

Nintendo stated, along with the introduction of a number new titles in the upcoming year for both the Wii U and 3DS, it will sequentially introduce additional download content for titles such as Mario Kart 8 and Super Smash Bros., as it aims to keep the titles played more actively.  

Earlier in the year, Nintendo announced it will be moving into smartphone gaming, entering a partnership with Japanese mobile and online services company DeNA.

Under the partnership, the companies stated they will “develop and operate new game apps for smart devices and build a new multi-device membership service for consumers worldwide”. Nintendo and DeNA plan to launch the online membership service, accessible from smart devices, PC and Nintendo systems, towards the end of September this year.

Nintendo has forecast net sales of 570 billion yen in the upcoming fiscal year, with operating income rising to 50 billion yen.