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Nintendo Q2 Financial Results

J

JonnyKong

Member
Apologies if anybody else gets this up before me, but I haven't seen it yet.


Nintendo’s financial results for the second quarter are now in. The latest data covers sales for Switch and 3DS, overall results for the company, and more. We’ve rounded up the relevant information below.


– Switch hardware forecast increased to 14 million
– Net sales: 374,041 million yen, 173.4% increase year-over-year
– Operating income: 39,961 million yen
– Profit: 51,503 million yen
– Switch hardware: 2.93 million for the quarter / 4.89 million FYTD / 7.63 million LTD
– Switch software: 13.98 million for the quarter/ 22.02 FYTD /27.58 million LTD
– 3DS hardware: 1.91 million for the quarter / 2.86 FYTD /68.98 million LTD
– 3DS software: 7.97 million for the quarter / 13.82 FYTD /343.07 million LTD

– Smart device, IP related income: 17,925 million yen
 
CEJames

CEJames

Member
It's definitely doing well but can't help but be a little skeptical. It'll do better than the Wii U but will it capture the 3DS/PS4's numbers in the end?

madstarr12 said:
Nintendo is still doomed somehow.
;)
Click to expand...

gj4tz.gif

:p
 
Andyliini

Andyliini

Member
Switch seems to be selling well. Sales increase is promising for the future. Hopefully there will be a Nintendo Direct soon to discuss plans for early 2018.
 
SinCityAssassin

SinCityAssassin

Member
JonnyKong said:
I've realised this :(

If there was ever a sign of Gaf slowly dying it was me who never creates any threads having to make this one.
Click to expand...

I'm mostly in the other place now but come on man. At least link the relevant info.

2nd Quarter Results: https://www.nintendo.co.jp/ir/pdf/2017/171030e.pdf

Hardware sales units: https://www.nintendo.co.jp/ir/en/finance/hard_soft/index.html

Top selling software units: https://www.nintendo.co.jp/ir/en/finance/software/index.html

Amiibo sales are up YoY: 5.1 million figures and 2.8 million cards for 2017. (3.8m figures and 1.7m cards in 2016)
 
E

EDarkness

Member
Nice to see the NS doing pretty good and I guess the 3DS didn't do too bad, either. It'll be interesting to see what they have in store next year, but this year it looks like they'll end up beating their projections.

The only REAL downside I would say would be ARMS. I figured it would gain more traction, but I guess the idea just didn't appeal to many or it got lost in so much other stuff. Maybe they should have given the game a bit of breathing room as Splatoon 2 was released not that far behind it.
 
P

Panajev2001a

GAF's Pleasant Genius
Tekkie said:
Sales forecast for the Switch to 14 million huh, guess they expect a lot from the holiday season.
Click to expand...

They have a hot product that deserves to sell well, they must be pissed at the guys in charge of supply chain management and lack of parts limiting production when they would sell gang busters. The NX line (C looking like a crossbar switch is how I still like to call it :)) is trying to replace both Wii U and 3DS so the sales target are high, they must be very high to claim success there.
 
Y

Yankee Ruin X

Member
Tekkie said:
Sales forecast for the Switch to 14 million huh, guess they expect a lot from the holiday season.
Click to expand...

I was so close to grabbing one at the weekend for Mario but am trying to hold out for the Black Friday deals to see if I can get a nice bundle.

I must have Mario, Zelda and Mario Kart in my life, the FOMO is real.
 
C

Crema

Member
I'm selfishly pleased Arms wasn't a great success. Thought it was a hideously ugly bore when I played it and I hope they won't waste anymore resources on it.
 
N

NintendosBooger

Member
WSJ:

The company said it would sell 55.46 million Switch games by March, up from a previous expectation for sales of 40.5 million game copies. In the second quarter alone, it sold 2.92 million consoles and 13.9 million games. Analysts had expected three million consoles and 10 million games to be sold.

For the year ending in March, Nintendo raised its outlook to ¥120 billion in operating income and ¥960 billion in revenue, up from a previous forecast of ¥65 billion and ¥750 billion. The company raised its net profit view to ¥85 billion from ¥45 billion.
Click to expand...

https://www.wsj.com/articles/nintendo-raises-expectation-for-switch-console-sales-1509349227
 
C

cubicle47b

Member
Those are very good results, but I’m hoping sales explode in Q3 between the system being in stock almost everywhere and Mario pushing over people on the fence.
 
Bioshocker

Bioshocker

Member
CEJames said:
It's definitely doing well but can't help but be a little skeptical. It'll do better than the Wii U but will it capture the 3DS/PS4's numbers in the end?
Click to expand...

Unlikely, but who knows. Depends on how long the Switch will be on the market, of course. 3DS is 6 1/2 years old now, and is still selling well.
 
K

Kid Ying

Member
bman94 said:
Damn, 3.6 Mil for Splatoon 2??? That's definetely a top tier Nintendo IP from this point on.
Click to expand...
Splatoon is awesome and deserves it. I never understood why some people disregards it as a top Nintendo IP.

They are planning to sell 14 mllion? Well, it's doable. They already sold more than half that in two quarters and the next one is the biggest of all... It can be done If they have a good Holiday.

That wouldnt also make the switch sell more than the wiiu ltd in Just a year.
 
J

jorgejjvr

Member
Glad it's doing so well.

If it does hit that 14 million, that's pretty much the entire life span of wii u accomplished in 1 year, as far as sales.
 
Boss Doggie

Boss Doggie

all my loli wolf companions are so moe
Crema said:
I'm selfishly pleased Arms wasn't a great success. Thought it was a hideously ugly bore when I played it and I hope they won't waste anymore resources on it.
Click to expand...

Actually it probably broken even. it may not be an MK8 but as a new IP it actually did well.
 
kunonabi

kunonabi

Member
Kimawolf said:
Yep. Not even a question of it now. Makes you wonder just what kind of realignment happened in Nintendo to get the Switch.
Click to expand...

Its more like the tech just caught up to Nintendo's desires for the most part. Add in better marketing and branding and there you go. Having a bunch of Wii U ports ready to go along with a new Splatoon and Mario certainly doesnt hurt either.
 
Astral Dog

Astral Dog

Member
Panajev2001a said:
They have a hot product that deserves to sell well, they must be pissed at the guys in charge of supply chain management and lack of parts limiting production when they would sell gang busters. The NX line (C looking like a crossbar switch is how I still like to call it :)) is trying to replace both Wii U and 3DS so the sales target are high, they must be very high to claim success there.
Click to expand...

Ancdotal i know, but every store i went to laredo this weekend had lots of Switches,(i think for Odyssey launch) even Kmart they have a plenty for demand at the moment
 
Schnozberry

Schnozberry

Member
Crema said:
I'm selfishly pleased Arms wasn't a great success. Thought it was a hideously ugly bore when I played it and I hope they won't waste anymore resources on it.
Click to expand...

I don't know. It really depends on budget and expectations. 1.3 million copies before the holidays isn't exactly a bomb on new hardware.
 
B

boo

Gold Member
2.7 million sold i March 2017. 14 million expected sold from 01. April 2017 until 31. March 2018.

Out of the expected 14 million sold, 4.89 million already sold by the end of September. So a bit above 9 million left to sell to hit the target by the end of March next year. A bit above 1.5 million must be sold each month worldwide.

That doesn't sound to be nearly enough for November and December. So how many of those 9 million units have been produced by now, and are on their way to retailers? It better be more than 1.5 million units for November and 1.5 million for December. Worldwide? Will that even be enough for North America?
 
D

DrGrus

Member
Want to point out that 3DS is, on the strength of 2DS and new 2DS XL, up YoY in hardware sales. Nintendo has positioned the 2DS/3DS greatly as a budget device. I do not think that the Hardware goal of 6 million should be that hard with a holiday period coming. Looking at the sales I think Americas and Others will lead the way.

The software is however down, maybe not that strange when not that much software has been released during Q1 and Q2. To reach the 40 million predicted for the 3DS I think Nintendo need a good Christmas period. Maybe not that difficult as I expect the 2DS with a strengthen Nintendo select line will be a good present for many younger kids.
 
W

whyreggielie

Member
boo said:
2.7 million sold i March 2017. 14 million expected sold from 01. April 2017 until 31. March 2018.

Out of the expected 14 million sold, 4.89 million already sold by the end of September. So a bit above 9 million left to sell to hit the target by the end of March next year. A bit above 1.5 million must be sold each month worldwide.

That doesn't sound to be nearly enough for November and December. So how many of those 9 million units have been produced by now, and are on their way to retailers? It better be more than 1.5 million units for November and 1.5 million for December. Worldwide? Will that even be enough for North America?
Click to expand...

It's at 7.63 million LTD as of now so they need to sell a around 6.4 million, not 9 to reach their forecasts. They should be able to hit or get very close to these numbers by April.
 
K

kkg1701

Member
whyreggielie said:
It's at 7.63 million LTD as of now so they need to sell a around 6.4 million, not 9 to reach their forecasts. They should be able to hit or get very close to these numbers by April.
Click to expand...

The 14M is for this fiscal year, YTD is 4,89M so boo is correct in using the 9M number. Nintendo expects the NS to have a LTD of around 17M at end of Mars 2018.

Wouldn't be surprised if they up it at the next report.
 
Renna Hazel

Renna Hazel

Member
DR2K said:
For a tech demo with no depth or content it’s doing great. People should just buy Pokken instead.
Click to expand...

Thankfully Arms is a full game with plenty of depth. It does seem like Nintendo expected more based on the first shipment being so high and not moving much else after that.
 
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