Nintendo posts $160M net income, cuts 3DS/Wii U/NDS/Wii forecasts

#1
NINTENDO - Consolidated Results for the Nine Months Ended December 2012
(reported in Millions of yen)

1 USD ~ 90.90 yen
1 Euro ~ 122.60 yen


Net Sales ---> ¥543,033

Operating Loss ---> ¥5,857

Net Income ---> ¥ 14,545

FY 2012/13 Nintendo Forecast (Unit: Million)
Code:
January 30, 2013

                3DS      NDS      Wii       Wii U
	
Hardware       15.00     2.30     4.00      4.00   

Software       50.00     33.00    50.00     16.00   

-------------------------------------------------------

October 24, 2012

                3DS      NDS      Wii       Wii U
	
Hardware       17.50     2.50     5.00      5.50   

Software       70.00     37.00    50.50     24.00  

-------------------------------------------------------

April 26, 2012

                3DS      NDS   (Wii + Wii U)
	
Hardware       18.50     2.50     10.50        

Software       73.00     37.00    70.00
Wii U Worldwide Unit Sales (Unit: Million)
Code:
Hardware       Ap-Jn    Jl-Sp    Oc-Dc    Ja-Mr      FY      LTD

FY 2012/13       -        -      3.06       -       3.06     3.06



Software       Ap-Jn    Jl-Sp    Oc-Dc    Ja-Mr      FY      LTD

FY 2012/13       -        -      11.69      -       11.69    11.69

3DS Worldwide Unit Sales (Unit: Million)
Code:
Hardware       Ap-Jn    Jl-Sp    Oc-Dc    Ja-Mr      FY     LTD

FY 2010/11      -        -         -      3.61      3.61    3.61

FY 2011/12     0.71     2.36      8.36    2.10      13.53   17.13       

FY 2012/13     1.86     3.20      7.65     -        12.71   29.84



Software       Ap-Jn    Jl-Sp    Oc-Dc    Ja-Mr      FY     LTD

FY 2010/11      -        -         -      9.43      9.43    9.43

FY 2011/12     4.53     3.60     19.91    7.96      36.00   45.42    

FY 2012/13     7.39     11.64    20.53     -        39.56   84.99

Wii Worldwide Unit Sales (Unit: Million)
Code:
Hardware       Ap-Jn    Jl-Sp    Oc-Dc    Ja-Mr      FY      LTD

FY 2006/07       -        -      3.19     2.65      5.84     5.84

FY 2007/08     3.43     3.90     6.96     4.32      18.61    24.45   

FY 2008/09     5.17     4.93     10.42    5.43      25.95    50.39

FY 2009/10     2.23     3.53     11.30    3.48      20.53    70.93

FY 2010/11     3.04     1.93     8.75     1.36      15.08    86.01

FY 2011/12     1.56     1.79     5.61     0.88      9.84     95.85

FY 2012/13     0.71     0.61     2.21      -        3.53     99.38

                 

Software       Ap-Jn    Jl-Sp    Oc-Dc    Ja-Mr      FY       LTD

FY 2006/07       -        -      17.51    11.33     28.84    28.84

FY 2007/08     15.98    20.99    47.38    35.25     119.60   148.44  

FY 2008/09     40.41    41.00    82.37    40.80     204.58   353.02

FY 2009/10     31.07    45.14    80.43    35.17     191.81   544.83 

FY 2010/11     28.17    37.04    85.33    20.72     171.26   716.09

FY 2011/12     13.44    23.01    52.61    13.31     102.37   818.46 

FY 2012/13     8.47     15.27    21.34      -       45.08    863.53

NDS Worldwide Unit Sales (Unit: Million)
Code:
Hardware       Ap-Jn    Jl-Sp    Oc-Dc    Ja-Mr      FY      LTD

FY 2004/05       -        -      2.84     2.43      5.27     5.27

FY 2005/06     1.38     2.19     5.59     2.30      11.46    16.73

FY 2006/07     4.54     5.55     8.79     4.68      23.56    40.29

FY 2007/08     6.98     6.37     11.15    5.81      30.31    70.60   

FY 2008/09     6.94     6.79     11.89    5.56      31.18    101.78

FY 2009/10     5.97     5.73     11.65    3.76      27.11    128.89

FY 2010/11     3.15     3.54     9.01     1.82      17.52    146.42

FY 2011/12     1.44     1.14     2.06     0.46      5.10     151.52

FY 2012/13     0.54     0.44     1.17      -        2.15     153.67



Software       Ap-Jn    Jl-Sp    Oc-Dc    Ja-Mr      FY       LTD

FY 2004/05       -        -      5.01     5.48      10.49    10.49

FY 2005/06     5.32     7.98     22.60    14.05     49.95    60.44

FY 2006/07     18.35    24.81    50.64    29.75     123.55   183.98

FY 2007/08     34.26    41.24    71.39    38.73     185.62   369.61   

FY 2008/09     36.59    48.43    78.76    33.53     197.31   566.92

FY 2009/10     29.09    42.06    50.23    30.21     151.59   718.5

FY 2010/11     22.42    32.42    44.15    21.99     120.98   839.48

FY 2011/12     12.13    16.86    22.21    9.62      60.82    900.31

FY 2012/13     8.48     8.82     12.94     -        30.24    930.55
 
#2
Nintendo 3DS hardware: 12.71 million
Nintendo 3DS software: 39.56 million
NSMB2: 5.96 million
Animal Crossing: New Leaf: 2.73 million

Wii U hardware: 3.06 million
Wii U software: 11.69 million
NSMBU: 2.01 million
Nintendo Land: 2.33 million

Wii hardware: 3.53 million
Wii software: 45.08 million
Mario Party 9: over 1 million

Nintendo DS hardware: 2.15 million
Nintendo DS software: 30.24 million
Pokemon Black and White 2: 7.63 million
 
#11
Kind of surprised they managed to turn a profit, I guess the Wii U underperformance had me expecting a loss. Christmas 3DS relative success must have helped make up for it?
 
#15
Nintendo 3DS hardware: 12.71 million
Nintendo 3DS software: 39.56 million
NSMB2: 5.96 million
Animal Crossing: New Leaf: 2.73 million

Wii U hardware: 3.06 million
Wii U software: 11.69 million
NSMBU: 2.01 million
Nintendo Land: 2.33 million

Wii hardware: 3.53 million
Wii software: 45.08 million
Mario Party 9: over 1 million

Nintendo DS hardware: 2.15 million
Nintendo DS software: 30.24 million
They always end up banking heavily in cash don't they? Funny thing is those will have legs until the end of the console's life.
 
#16
Have they updated their FY financial forecast?

I expected the cuts across the board mostly. I was especially curious about the 3DS though, since its the most important to them and the Wii Us trajectory was obvious. It has underperformed outside Japan pretty much, and probably not exceeded in Japan. Nintendo need to seriously reconsider their position towards mobile.
 
#17
"Could be worse" should be the motto here

but I predict "loltendo" for 20 pages

3.8 software attach rate at this point seems pretty damn respectable though.
 
#18
It will be ironic if Nintendo not only has the best selling console of this generation but also the worse selling one. Hopefully things turn around with a new Mario.
 
#22
4 million Wii Us (down from 5.5)
16 million Wii U software (down from 25).

Ouch.
That's....pretty decent, actually.
Ouch... doesn't seem like a good outlook coming off a console launch... or am I missing something here?


I think at this point it's fair to say that they've pissed away their head start with the Wii U. Things are going to get very painful very quickly for them after E3.
 
#24
Wii U is already at 3.06? What did they revise it if it can achieve 5.5M by March?
Don't forget that new systems ship a lot of units simply to fill up the distribution channel, including store shelves. When you consider how many stores sell consoles it's a huge amount, easily more than one million I guess.
 
#27
I'm guessing the slashes are because they realize they don't have really big titles to keep momentum going. 3.06 million Wii Us sold doesn't sound too bad for a forecast of 5.5 by March otherwise.
 
#32
Wii U hardware and software numbers are better than I thought. Not great, but far from doom and gloom.
October-December FY 2006-2007 -> Wii managed 3.19 million hardware shipments

October-December FY 2012-2013 -> Wii U managed 3.06 million hardware shipments

The Wii U is not doomed...not yet at least. (Need another FY quarter of sales data)
 
#33
It won't get close to 5.5 by march, it did 3 mill in 2 months including launch boost and the holidays another 2.5 million in the same time period in much lower selling period won't happen.
These are sales though according to the OP correct? Wasn't the 5.5 mil a shipment goal?

Edit: Ah no I see, I was wrong.
 
#36
They always end up banking heavily in cash don't they? Funny thing is those will have legs until the end of the console's life.
Yep, I expect NSMBU to consistently chart for years to come. 5 to 6 M lifetime sales should be easily doable ( i don't want to say a given)

Overall I'd say the WiiU did rather well. ( a lot better than I expected) but it's nowhere near amazing or strong. It's mediocre but better than expected.

3DS doing well and I'm happy about the Animal Crossing sales. Both me and my GF will add 2 digital copies to that number...

btw, are digital sales factored into this number?
 
#37
Oc-Dec FY 2006-2007 -> Wii managed 3.19 million hardware sales

Oc-Dec FY 2012-2013 -> Wii U managed 3.06 million hardware sales

The Wii U is not doomed...not yet at least.
First shipments are hardly worth juxtaposing. A new game console sold well in its first few months? Shocking, even if the Wii U didn't exactly sell out. Not to mention Nintendo was facing shortages across the board due to demand for the Wii. They'd have probably sold 2x as many Wiis in that time period if they actually had the units to sell.

But desperate Nintendo is best Nintendo, as exemplified by last week's Nintendo Direct.
But this doesn't even seem that bad.
Yeah, that's true. The GameCube was amazing because of this, and we all saw what kind of a desolate wasteland of nothing the Wii became once they were content with swimming in Wii Fit money.
 
#38
Oc-Dec FY 2006-2007 -> Wii managed 3.19 million hardware shipments

Oc-Dec FY 2012-2013 -> Wii U managed 3.06 million hardware shipments

The Wii U is not doomed...not yet at least.
Except they were selling every single Wii they could make in that time and still couldn't make enough, where's Wii U has been sitting on shelves unsold.
 
#39
Oc-Dec FY 2006-2007 -> Wii managed 3.19 million hardware sales

Oc-Dec FY 2012-2013 -> Wii U managed 3.06 million hardware sales

The Wii U is not doomed...not yet at least.
Thats highly misleading though, the Wii was supply constrained, the Wii U is not. Hence the massive reduction in forecast.

Reducing the forecast by 30% is a terrible, terrible result for the Wii U.
 
#40
Here's how I choose to look at things:

Nintendo is making money again!!

I love nintendo games. Adore them. They got me hooked, man. They have my number.

I've loved their games since the NES, through their weaker performing consoles, and I'm sure I'll continue to love their games for years to come.

That they're on the right track to stick around is what I'm happiest to hear. Do I really care about whether they "win" or "lose" the console war? Yes and no but mostly no. It doesn't really matter. I've always been a nintendo + PC gamer and that's always served me extremely well. So while it sucks that they've cut their Wii U forecast, it doesn't really matter (to me, it certainly does for nintendo) all that much.

Bring on the games
 
#41
Oc-Dec FY 2006-2007 -> Wii managed 3.19 million hardware shipments

Oc-Dec FY 2012-2013 -> Wii U managed 3.06 million hardware shipments

The Wii U is not doomed...not yet at least.
Wii released opposite to PS3. It's not the same scenario anymore. WiiU should be a "head start" similar to 360's.

With that said, good numbers, I think. Maybe not... Who knows. Bring on the games!
 
#42
4 million Wii Us (down from 5.5)
16 million Wii U software (down from 25).

Ouch.

US: 1.32 million
Japan: .83
Europe: .9
Ouch indeed. I really wonder how their next shipment figures will end up looking next quarter. Might not look that pretty

I guess the weakening of Yen is starting to help them as well.
 

Mpl90

Two copies sold? That's not a bomb guys, stop trolling!!!
#43
Yes, over 3 millions shipped sounds like overshipment quite a bit. Next quarter it should be around 4, though. Hopefully.
 
#46
Thats highly misleading though, the Wii was supply constrained, the Wii U is not. Hence the massive reduction in forecast.

Reducing the forecast by 30% is a terrible, terrible result for the Wii U.
I'll wait until the inevitably weak sales figures next quarter before proclaiming doom and gloom. :)
 
#49
Yep, I expect NSMBU to consistently chart for years to come. 5 to 6 M lifetime sales should be easily doable ( i don't want to say a given)

Overall I'd say the WiiU did rather well. ( a lot better than I expected) but it's nowhere near amazing or strong. It's mediocre but better than expected.

3DS doing well and I'm happy about the Animal Crossing sales. Both me and my GF will add 2 digital copies to that number...

btw, are digital sales factored into this number?
Yes, as far as I can tell. In both the sales numbers and the forecasts.
 
#50
Now we see if Nintendo will bring down the price of the Wii U.

They're making a profit again, so they might not want to. Not anytime soon, at least.

I really want them to double down on the 3DS :)