Nintendo Announces First Quarter Earnings With 9.7% Decrease In Sales From Previous Year

Posted on Jul 25 2012 - 7:47am by Editorial Staff

The gaming company Nintendo just announced its first quarter earnings, with three months ended June 30, 2012. The company reports net sales of 84,813 million yen with an operating income of 10,331 million yen. The ordinary income was 29,781 million yen and the net income was 17,231 million yen.

During the first quarter ended June 30, 2012, for the “Nintendo 3DS” system, the sales in Japan were robust, but still the “Nintendo 3DS” hardware sales reached 1.86 million units worldwide. The worldwide sales of the “Nintendo 3DS” software were 7.39 million units. For the “Nintendo DS” systems (DS, DS Lite, DSi, and DSi XL) the hardware sales were only 0.54 million units worldwide.

The latest title from the Pokémon series, “Pokémon Black Version 2/Pokémon White Version 2,” sold 2.45 million units. The total Nintendo DS software sold 8.48 million units worldwide. With the “Wii” system, the worldwide sales of the hardware were 0.71 million units, and those of the software were 8.47 million units.

The net sales were 84.8 billion yen (of which overseas sales were 51.7 billion yen or 61% of the total sales). The profitability of the “Nintendo 3DS” hardware is improving, but the hardware has been in negative margin. Therefore, the result was an operating loss of 10.3 billion yen. In addition, due to exchange losses totaling 21.1 billion yen, ordinary loss was 29.7 billion yen and net loss was 17.2 billion yen.

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