From the get go, it appears that Bloomberg’s predictions were not as bad as originally expected, but that’s not to say Nintendo didn’t suffer operating losses. From Nintendo’s financial results, there is a net profit of 7,099 million yen – approximately $71 million. However, Nintendo’s operating income brought a substantial loss of 36,410 million yen, roughly equal to $366 million, which almost reaches the same level as seen in the fiscal year of 2011/12.
The overarching problem, or so it appears from the financial report, is sales for the Wii U. Unfortunately, the console failed to hit the 4 million hardware sales prediction mark from last year, only shifting 3.45 million units. Over this financial year, Nintendo has estimated that it will sell an approximate 9 million units worldwide – a significantly higher mark than last year’s predictions.
The Nintendo 3DS is still the forerunner in the company, with sales of 13.95 units sold worldwide, with over half of those from XL versions. This financial year sees Nintendo’s estimates climbing up to a projected 18 million – virtually double of the Wii U’s hardware prediction – with software estimates residing at 80 million. Sales for the DS software have also declined with an estimated 10 million in software sales, but nothing for hardware.
So it seems that for this financial year, Nintendo’s Satoru Iwata intends to stick to his previous personal commitment of attaining the 100 billion yen profit, even now as he prepares to take on an extra role as CEO for Nintendo of America, as well as retain his current position.