Gamer @ Heart
Member
They know what is coming this fall and we don't? They pushed several games meant to count toward this FY into the next?
Please be excited!
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Nintendo FY13: $70M Net Income; WiiU 3.45M, NDS retires, 3DS/WiiU miss expectations
- Thread starter Parmenides
- Start date
Please be excited!
RamzaIsCool
The Amiga Brotherhood
The real story here imo are the poor 3DS numbers. Hardware decreased for the third year straight in the quarter. It missed it's revised target by a million. Software sales are horrible as it moved only 50m units for the year, the DS was doing 2.5x that at this point. The DS accelerated to godtier sales, there is not even an inkling that the 3DS can come close to that. The gap will even get wider, so I guess Nintendo will stop using the DS comparisons now.
zomgbbqftw
Banned
Operating income/loss is the amount of money a company makes at baseline before any special items are taken into account (FX gains/losses, taxes, restructuring charges, goodwill charges etc...). It gives a decent picture to investors over a company's profitability.
Nintendo's net profit basically comes from FX gains and a tax credit. That is not something that can be repeated next year so it cannot go into the operating income column in the cashflow so Nintendo made an operating loss for the year.
It isn't high.
Look at that huge drop off from quarter to quarter. It's completely stalled.
Attach ratio is always good at launch.
EDIT: Ah, you're talking about the forecast!
Not all that surprising to be honest. It would be nice to get release dates for already announced games.
Cosmonaut X
Member
Well, given the games that have now been shifted in to this financial year - Pikmin, Wii Fit U etc. - plus the games that they have said will be coming for this holiday - 3D Mario, Mario Kart - they seem to be in a position to hit with a series of pretty big titles in a key buying season. Doesn't make it certain, but they've got a good lineup to hit those targets if they can get some momentum behind the console going forward.
That's been pretty clear for a while. They've obviously decided that they were better off delaying titles to load the back of the year running into the holiday season, rather than releasing games like Pikmin 3 or Wii Fit U earlier. They clearly think a painful early drought is better than the alternative. I'm not sure they're right, but it'll be interesting to see what happens.
Visualante2
Member
3.5m is what I expected. Pretty disappointing show.
It just means that they are releasing a lot of software that they think will be must buy for Wii U owners. If they do manage to sell close to 9m units it could very happen if they achieve a tie ratio of about 4 games including Nintendo Land.
IMO the 3DS software numbers are even more crazy but Pokemon could jump start something for all I know.
The 3DS hasn't even been out 3 years and this year's software should change things. If things don't change this year than it would be time to worry.
michaelius
Banned
It's essentially 8,5 milions in 3 quarters since April-June will sell at march rate more or less
That's not how it works.
They shipped 3milions in November and December - of those close to 1 milion remained on shelves - now they shipped additional 390k.
So it's unknown how much they sold in USA/EU.
At 4:1 shipped that a very, very soft software target tbh. For retrospective the GC did 5.7M hardware/46M software in the equivalent period. They have the Wii U doing 9M hardware/38M software. That would be a great hardware rebound from where they are now but a terrible software one.
How many times are people going to fall for this key title momentum bullshit? They said the same thing when Wii U launched.
Ah those are shipped numbers for the quarters? My bad. Thanks for the correction.
MaxwellGT2000
Member
I think so, DS and 3DS are getting a Pokemon game about the same point in their life (it launched in Japan a little under 2 years, so we can say that has given a significant boost in Japan same point in it's life) so the 3DS to DS comparisons could continue and be quite similar once the Pokemon Tsunami hits, will be interesting to see.
Little Green Yoda
Member
Aren't MC numbers the units sold to consumers while these are sold to retailer numbers (aka shipped numbers)? Just means they didn't ship many units last quarter because the retailers still had stock, right?
That 3DS hardware number is pretty strange. They certainly sold that amount just in Japan for Q1. Probably quite a big amount of units in the shelves after Holidays. They reached the revised software forescast, though.
Wii U...ooh boy.
New forecasts sounds not so out of mind, fortunately.
Wii U...ooh boy.
New forecasts sounds not so out of mind, fortunately.
Bruno MB
Member
Ah, then I'm sorry. Forget what I wrote.
ArchedThunder
Banned
Pokemon.
Really?
That's what they are apparently planning to do according to the report.
CrunchinJelly
formerly cjelly
It just blows my mind that the way things are going Nintendo are banking on software that isn't shipping until September. They've completely blown this first year and as a consumer it is tiring hearing about constant HD development troubles.
shinra-bansho
Member
First FYE. In millions.
GCN had a few extra months, iirc. EDIT: But only in two regions?
PS3 had a couple extra weeks in NA and Japan, but was only released in PAL-land for a week, iirc. It was also $599.
April-June they'll probably still be selling through these shipments - e.g. they still haven't reached 920K sell through in Japan afaik. Particularly in the EU, although tomorrow will be revealing. It may as well be a 9M forecast for July->Mar.
Glad to see Mario Galaxy is still selling well but I wish Galaxy 2 was there too.
zomgbbqftw
Banned
18m 3DS and 9m Wii U is "out of mind" considering the 100bn operating profit target. They can't all be right, production costs do not drop that fast to allow for price cuts and increased operating profit margins from -5.7% to 10.9%.
These targets exist to placate investors as does the increased dividend (100 yen per share to 260 yen per share forecast) because the results are so poor.
Visualante2
Member
Is the 9m WiiU prediction for FY 2013-2014 LTD or on top of the 3.45m already shipped? That would have to be one hell of a Holiday to meet that kind of number.
Can't see them meeting either, just feels like more pie in the sky figures. Will they just try and pull the wool over investors eyes and readjust them after a stagnant Summer?
Can't see them meeting either, just feels like more pie in the sky figures. Will they just try and pull the wool over investors eyes and readjust them after a stagnant Summer?
I'm glad to see that SM3DL has so good sales. Maybe this will tempt Nintendo to release a sequel.
WiiU forecasts are optimistic without a price drop, they probably believe they will have strong holiday sales with MK and 3D Mario-Windwaker HD.
Probably bundles incoming with those titles, and i'll be very tempted to get one.
WiiU forecasts are optimistic without a price drop, they probably believe they will have strong holiday sales with MK and 3D Mario-Windwaker HD.
Probably bundles incoming with those titles, and i'll be very tempted to get one.
Mario.
Am I reading the numbers wrong or has it declined YoY for the quarter again?
I'm also of the mind that the attach ratio seems a bit low, but apparently it's normal for a handheld.
Look at that Wii software go. Almost 2.5 million copies of Wii Sports in the last fiscal year? Almost 2 million Mario Kart? 1 million more for SMG and NSMB Wii, 700K for SSBB.
the ds had a damn good run. if the system had been kept around at a super budget price ($50-$80), it would have outsold the ps2 over the next year or two.
on the other side of the spectrum is the wii u. good lord. historically, it's about where the xbox, xbox 360, gamecube, and ps3 were at this point in time, but the xbox 360 was stupidly supply-constrained and only appealed to two markets, and the ps3 had a huge price problem. software came for both.
but given its current trajectory being lower than gamecube, 9m is a damn lofty projection. i can only assume they are going to try and bring 2-3 mega franchises over the next fiscal year. that, or they have something super special up their sleeve, like a 3d pokemon mmo.
for the 3ds, it looks like things are kinda shaky, but slowly picking up. at the very least, nintendo software is starting to move at higher rates. fire emblem will probably become the first million-seller in the series. fire emblem 7 and 8 might be million-sellers too, but it's hard to tell without european numbers.
on the other side of the spectrum is the wii u. good lord. historically, it's about where the xbox, xbox 360, gamecube, and ps3 were at this point in time, but the xbox 360 was stupidly supply-constrained and only appealed to two markets, and the ps3 had a huge price problem. software came for both.
but given its current trajectory being lower than gamecube, 9m is a damn lofty projection. i can only assume they are going to try and bring 2-3 mega franchises over the next fiscal year. that, or they have something super special up their sleeve, like a 3d pokemon mmo.
for the 3ds, it looks like things are kinda shaky, but slowly picking up. at the very least, nintendo software is starting to move at higher rates. fire emblem will probably become the first million-seller in the series. fire emblem 7 and 8 might be million-sellers too, but it's hard to tell without european numbers.
Effectively, they need a lot of software to make that prediction happen, you're right.
MrCookiepants
Member
Even if MK7 passes 3D Land, it won't matter. Pokemon is coming to slay them both.
shinra-bansho
Member
We have an figure of 430K for Europe up 'til the end of 2012, which we can update tomorrow.
"Oddly, Satoru Iwata, global president of Nintendo, will assume the CEO title of Nintendo of America. That will help unify the companys global strategy, and allow for streamlined decision-making, the company said. Reggie Fils-Aime will continue in his role as president and COO of Nintendo of America, reporting to Iwata. "
http://venturebeat.com/2013/04/24/n...-year-profit-but-wii-u-sales-slow-to-a-crawl/
lol
http://venturebeat.com/2013/04/24/n...-year-profit-but-wii-u-sales-slow-to-a-crawl/
lol
zomgbbqftw
Banned
No, they need a price cut also. 9m Wii U is not achievable with the current pricing levels in NA and EU. $/€249 and £199 would see them to 9m if they brought out the big guns at the same time, but then that would blow away the 100bn yen operating profit target.
That's actually good news IMO. NOJ is handled a lot better than NOA and unifying them might improve a lot of the problems NOA has and even if it doesn't Iwata wouldn't be in the position long regardless.
I wouldn't expect them to "lie" in the report and the launch window thing was just weird due to the delays. They are probably saving those games for this push they are talking about.
perfectchaos007
Member
It will. No way would Nintendo cease production of their best selling home console from the first quarter of 2013
ColdBlooder
Banned
Not anytime soon.
He just becaue CEO of NoA
Reggie remaines COO (wich he was all the time, so he didnt get "demoted or fired")
http://venturebeat.com/2013/04/24/n...-year-profit-but-wii-u-sales-slow-to-a-crawl/
peanutbutterlatte
Member
Kid Icarus beat Mario Tennis! I mean it's already been beaten by Luigi 2 But still, not bad!
But still, not bad!I think it could go either way really
Nothing1016
Member
Happy Kid Icarus broke a million. Is Nintendo not allowed to report on Million selling 3rd party games?
PS. This isn't financially sound but I wish Nintendo opened up their own stores like Apple. Imagine the pure awesomeness
PS. This isn't financially sound but I wish Nintendo opened up their own stores like Apple. Imagine the pure awesomeness