Nintendo Q1 Earnings

[Dante]

Operating profit tripled and net income increased fivefold over same period last year to ~$662 million for Q1 (3 months ending June 30th 2007)

 

Code:

Net sales Net income

million yen % million yen %

Q1 '07 340,339 160.0 80,251 416.0

Q1 '06 130,919 85.2 15,551 10.2

 

Forecast for year ending March '08:

Net sales: 1.4 trillion yen ($11.5 billion)

Net income: 2.45 billion yen ($2.02 billion)

Wii shipments increased from 14 to 16.5 million

 

 

WW Software Sales (in millions) LTD

GBA: 369.94

DS: 218.24

GC: 207.00

Wii: 44.82

 

Attach rates on a worldwide scale:

 

GC: 9.57:1

Wii: 4.83:1

GBA: 4.62:1

DS: 4.62:1

 

Software by Region (in millions) LTD/attach ratio by region

DS

NA: 69.32 | 4.90: 1

JP: 84.90 | 4.69: 1

Other: 64.03 | 4.26:1

 

Wii

NA: 23.19 | 6.09:1

JP: 8.90 | 3.02:1

Other: 12.73 | 5.07:1

 

GBA

NA: 211.45 | 5.11:1

JP: 72.51 | 4.35:1

Other: 85.99 | 3.92:1

 

GC

NA: 137.15 | 10.68:1

JP: 27.44 | 6.83:1

Other: 42.41 | 8.91:1

 

 

Japan's Nintendo Co. Ltd. said its quarterly operating profit more than tripled, driven by stellar demand for its DS and Wii game gear, and it raised its annual outlook above market expectations

 

Operating profit at Nintendo, which is locked in a three-way battle with Sony Corp. (6758.T: Quote, NEWS , Research) and Microsoft Corp. (MSFT.O: Quote, Profile , Research) in the $30 billion video game industry, totalled 90.63 billion yen ($756 million) in April-June, up from 28.8 billion a year earlier.

 

Nintendo's strategy to expand the gaming population beyond hard-core gamers to women and the elderly by offering innovative and easy-to-play games has paid off handsomely as its DS handheld player and Wii console have far outsold rival machines monthly.

 

For the year to March 2008, the Kyoto-based company revised up its operating profit forecast by 37 percent to 370 billion yen, compared with a consensus of a 304.6 billion yen profit in a poll of 20 analysts by Reuters Estimates.

 

Shares in Nintendo, known for such game characters as Mario, Zelda and Donkey Kong, rose 32 percent in April-June, far outstripping a 5 percent gain in the Nikkei average <.N225>.

[Blue_Ninja0]

I have no idea how much that means but i know Nintendo is in a damn good condition right now.

Now, Nintendo, create some 5 new EAD quality teams and put some new IP gems on the line. Also, refrain from giving licenses to 3rd parties to make your games, like starfox assault for example.

[Chanser]

Nintendo jumping for joy.

[raven_blade2006]

^Nice Gif. Good to see the earnings are going up. I hope things continue this way.

[Pestneb]

If I read that correctly, the GC made more software sales than the wii...

if thats just figures for the last financial period then it paints a much nicer picture for Sony, presuming that the PS2 is making them more money than the GC is making for Nintendo.

Still, Wii is young and catching up to the 360 nice and quickly.

[DCK]

If I read that correctly, the GC made more software sales than the wii...

if thats just figures for the last financial period then it paints a much nicer picture for Sony, presuming that the PS2 is making them more money than the GC is making for Nintendo.

Still, Wii is young and catching up to the 360 nice and quickly.

Well, those attach rates figures are much lower for Wii because there hasn't been much time and not many games to 'attach' to the Wii. It's not been out for a year, whilst the GameCube has five years of excellent games behind it.

 

You're right that Sony isn't doing that bad; the PS2 and PSP are probably making them far more money than the 360 is doing for Microsoft. The PS3 is horrible though.

 

I wonder how many consoles the 360 is on now. In the beginning of the year it was 9.55 million, a number Nintendo has achieved far more quickly. With the 16.5 million shipping plan (Nintendo will sell many of those), the Wii should overtake the 360 by the end of this year.

[Dante]

Sony's Q1 earnings are out.

[Cube]

Yay for hundreds of random numbers!