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Nintendo Q1 FYE 3/16 (Apr 1 - Jun 30) Results - Beats Market Expectations

V

vinnygambini

Why are strippers at the U.N. bad when they're great at strip clubs???
Market Expectations for Q1 were as followed:
EARNINGS FORECAST: Net loss of ¥125 million is the consensus of four analysts surveyed by Nikkei, compared with a year-earlier loss of ¥9.9 billion.

REVENUE FORECAST: Revenue of ¥89.17 billion is the market forecast, compared with ¥74.7 billion a year earlier.
Click to expand...

Nintendo Q1 FY15 Results:
Net Sales: ¥90.233 billion yen
Operating Income: ¥1.149 billion yen
Net Income: ¥8.284 billion yen
Click to expand...

Hardware & Software Q1 Results:
3DS HW: 1.01 million
Wii U HW: .47 million
3DS SW: 7.92 million
Wii U SW: 4.55 million
Click to expand...

Nintendo FY15 Guidance:
Net Sales: ¥570 billion yen
Operating Income: ¥50 billion yen
Net Income: ¥35 billion yen
Click to expand...

Hardware & Software FY15 Guidance:
3DS HW: 7.6 million
Wii U HW: 3.4 million
3DS SW: 56 million
Wii U SW: 23 million
Click to expand...

Additional Information Q4 (Software/Hardware Shipments, Digital Sales, Cash & Equivalents):
Splatoon: 1.62 million
Digital Sales: ¥12.0 billion yen
Cash & Equivalents: ¥882.808 billion yen

LTD Figures:
Pokemon XY - 13.99 million
Pokemon ORAS - 10.27 million
Super Smash 3DS - 7.04 million
Super Smash Wii U - 3.83 million
Mario Kart 8 - 5.43 million
Click to expand...

Will update thread throughout & Additional Information segment.

http://blogs.wsj.com/digits/2015/07/28/nintendo-earnings-what-to-watch-8/
http://www.nintendo.co.jp/ir/pdf/2015/150729e.pdf
 
V

vinnygambini

Why are strippers at the U.N. bad when they're great at strip clubs???
Nintendo seems to be off to a great start with the mentioned results. Amiibo sales are brisk, but no mention of sales figures, and the yen continues to be in their favor resulting in an improved net income.
 
V

Vena

Member
vinnygambini said:
Nintendo seems to be off to a great start with the mentioned results. Amiibo sales are brisk, but no mention of sales figures, and the yen continues to be in their favor resulting in an improved net income.
Click to expand...

Iwata got them moving on back on track.
 
S

shinra-bansho

Member
Op costs are basically flat, higher gross margins on higher sales. Nice that they're back to op income. EDIT: I think past quarter / quarter improvement has been driven by cost reduction.

Software and hardware up overall in rev terms.

3DS hardware up but software down in units. I guess it's in its sunset, so that's not unexpected.
Wii U software up marginally, hardware basically flat.

Also, I changed the title 'cause I expected disagreement over nomenclature...

EDIT: Huh, I feel like there's normally a cash flow statement in the earnings release? But I'm either blind or it isn't there.
 
S

Stumpokapow

listen to the mad man
The Wii U hardware situation is dire (10 million lifetime, <4 million projected for next year), but the really scary thing is to look at the software SKU count for Wii U and even 3DS. Thankfully the Amiibo good news, expanded licensing opportunities, and the rollout of mobile software is going to help mitigate the risks in their core business and hopefully they can handle the upcoming hardware transition with grace.
 
Z

zero shift

Banned
So has the Wii U been a profitable venture for Nintendo at all?

Also great to see Splatoon doing so well. Hopefully it encourages them to make more new IPs.

Stumpokapow said:
The Wii U hardware situation is dire (10 million lifetime, <4 million projected for next year), but the really scary thing is to look at the software SKU count for Wii U and even 3DS. Thankfully the Amiibo good news, expanded licensing opportunities, and the rollout of mobile software is going to help mitigate the risks in their core business and hopefully they can handle the upcoming hardware transition with grace.
Click to expand...

The fact that the Wii U has sold around the same as the Saturn or the Dreamcast so far is very telling.
 
K

KingBroly

Banned
Stumpokapow said:
The Wii U hardware situation is dire (10 million lifetime, <4 million projected for next year), but the really scary thing is to look at the software SKU count for Wii U and even 3DS. Thankfully the Amiibo good news, expanded licensing opportunities, and the rollout of mobile software is going to help mitigate the risks in their core business and hopefully they can handle the upcoming hardware transition with grace.
Click to expand...

Well...NX is probably going to launch with Zelda U like Wii did with TP. Assuming it's next year, of course.
 
F

foxuzamaki

Doesn't read OPs, especially not his own
zero shift said:
So has the Wii U been a profitable venture for Nintendo at all?

Also great to see Splatoon doing so well. Hopefully it encourages them to make more new IPs.



The fact that the Wii U has sold around the same as the Saturn or the Dreamcast so far is very telling.
Click to expand...

Its been a profitable venture for them for like what, a year, almost 2 years now?
 
V

vinnygambini

Why are strippers at the U.N. bad when they're great at strip clubs???
Stumpokapow said:
The Wii U hardware situation is dire (10 million lifetime, <4 million projected for next year), but the really scary thing is to look at the software SKU count for Wii U and even 3DS. Thankfully the Amiibo good news, expanded licensing opportunities, and the rollout of mobile software is going to help mitigate the risks in their core business and hopefully they can handle the upcoming hardware transition with grace.
Click to expand...

Agreed.

On a side note, the report also mentions that download sales are at a record high of 12.0 billion yen for the quarter. As such, one can assume the Smash DLC was a success and the userbase responded accordingly.
 
V

Vena

Member
Stumpokapow said:
The Wii U hardware situation is dire (10 million lifetime, <4 million projected for next year), but the really scary thing is to look at the software SKU count for Wii U and even 3DS. Thankfully the Amiibo good news, expanded licensing opportunities, and the rollout of mobile software is going to help mitigate the risks in their core business and hopefully they can handle the upcoming hardware transition with grace.
Click to expand...

Nothing's left to come out and sell. They've buried the WiiU development and software.

vinnygambini said:
Agreed.

On a side note, the report also mentions that download sales are at a record high of 12.0 billion yen. As a result, one can assume due the Smash DLC was a success and the userbase responded accordingly.
Click to expand...

They're having major successes with indies as well. I keep finding reports on content developers and good sales for many games of all sorts of profiles and scopes. They're probably also seeing a growth in straight digital adoption.
 
R

random25

Member
Great numbers from Nintendo. Comparing Q1 2014 to Q1 2015, that's just one huge turnaround for them.

Hopefully they can still carry this momentum when their new generation of hardware comes in the near future. They have survived the storm from the losses from both the 3DS and Wii U launches.
 
1

1st Course

Member
Three months ended June 30, 2014

Software revenue: 39,804 million yen
Of which digital: 5,000 million yen
Digital ratio: 12.56%

Three months ended June 30, 2015

Software revenue: 45,372 million yen
Of which digital: 12,000 million yen
Digital ratio: 26.45%

Digital revenue over doubled since last year.
 
V

vinnygambini

Why are strippers at the U.N. bad when they're great at strip clubs???
shinra-bansho said:
Also, I changed the title 'cause I expected disagreement over nomenclature...

EDIT: Huh, I feel like there's normally a cash flow statement in the earnings release? But I'm either blind or it isn't there.
Click to expand...

Hahaha thanks shinra :p

In regards to cash-flow, Nintendo only mentions that in their annual and Q4 reports; hence why you don't see it.
 
M

MrT-Tar

Member
I assume that the growth in digital revenue is DLC driven, but could part of it be due to more downloads of full retail games?
 
A

AdanVC

Member
Yay Splatoon!! The lil' IP that nobody gave a plop when it was revealed last year because everyone was talking about Zelda U, and now is already reaching 2 million copies sold <3

TheXfactor said:
How the hell does nintendo manage such a good profit stream?
Click to expand...

Iwata's brilliant managing skills of turning things around when something is not going well. He did it with HAL laboratory, he did it with Nintendo after the not so succesful GameCube and looks like he actually did it again with Wii U this time, even if it's not a huuuge bump, but still.


<3 Iwata :'(
 
K

KingSnake

The Birthday Skeleton
Good starting quarter for Nintendo. Splatoon at 1.62 mio. by the end of June, must get close to 2 mio. soon. Wii U being almost flat when last year they had MK8 to support it puts Splatoon in an even brighter light.

Overall, it really seems that Nintendo has turned around the business and it has sustainable profits now. Making Amiibo was a genius move.
 
V

Vena

Member
KingBroly said:
yes

Splatoon sales makes me happy. It's probably very close to 2 million now.
Click to expand...

Considering what its doing in Japan, that's probably not an unreasonable stretch.

AdanVC said:
Iwata's brilliant managing skills of turning things around when something is not going well. He did it with HAL laboratory, he did it with Nintendo after the not so succesful GameCube and looks like he actually did it again with Wii U this time, even if it's not a huuuge bump, but still.


<3 Iwata :'(
Click to expand...

For a company the size of Nintendo, its not just Iwata. But he was the captain at the helm keeping her steady. A lot of unsung heroes exist in the guys who actually work the books and crunch the numbers, those guys are still around.
 
F

FZZ

Banned
Stumpokapow said:
The Wii U hardware situation is dire (10 million lifetime, <4 million projected for next year), but the really scary thing is to look at the software SKU count for Wii U and even 3DS. Thankfully the Amiibo good news, expanded licensing opportunities, and the rollout of mobile software is going to help mitigate the risks in their core business and hopefully they can handle the upcoming hardware transition with grace.
Click to expand...

Yeah Nintendo struck gold with Amiibo. I expect it to at the very least double (if not triple) Wii U LTD by the time NX comes out.

I think Mario Maker is going to be the last major standalone release for the Wii U. They will push hardware one last time this holiday with Splatoon, Mario Kart, and Smash Bros. bundles. And then next year when they launch Zelda which I fully expect to be released alongside NX they will finally drop the price of the Wii U.

They are trying to remain as profitable as possible and price cuts to the Wii U will not help them achieve that.
 
N

NateDrake

Member
AniHawk said:
i'm surprised it isn't more pronounced. i guess they aren't going to do a price drop and they'll just ride out the wii u at $300.
Click to expand...

I figure the main driving force behind the difference was Mario Kart 8 release last year. If they drop the price in September or just before the holidays, they could top 2014 sales in the Americas. Plus they could make some killer bundles this holiday.
 
A

AniHawk

Member
Stumpokapow said:
The Wii U hardware situation is dire (10 million lifetime, <4 million projected for next year), but the really scary thing is to look at the software SKU count for Wii U and even 3DS. Thankfully the Amiibo good news, expanded licensing opportunities, and the rollout of mobile software is going to help mitigate the risks in their core business and hopefully they can handle the upcoming hardware transition with grace.
Click to expand...

you'd think with the wii u where it is, that nintendo would be propping up pretty much every title wherever it could.
 
A

AniHawk

Member
NateDrake said:
I figure the main driving force behind the difference was Mario Kart 8 release last year. If they drop the price in September or just before the holidays, they could top 2014 sales in the Americas. Plus they could make some killer bundles this holiday.
Click to expand...

a smash bros. bundle would probably do it this year. star fox is most likely hitting november 20, but that isn't going to be anything to move systems. that was the spot zelda once occupied after all. i feel like mario maker and star fox should be switched, actually.
 
K

KingBroly

Banned
AniHawk said:
a smash bros. bundle would probably do it this year. star fox is most likely hitting november 20, but that isn't going to be anything to move systems. that was the spot zelda once occupied after all. i feel like mario maker and star fox should be switched, actually.
Click to expand...

Exclusive Amiibo Bundle.
 
T

TanookiTom

Member
AniHawk said:
i'm surprised it isn't more pronounced. i guess they aren't going to do a price drop and they'll just ride out the wii u at $300.
Click to expand...

Same here, I was really worried that WiiU sales fell off a cliff again after they received a significant bump with Mario Kart 8 during the same quarter last year.
Not that it ever was a very high cliff :(

Still very glad that Nintendo returned to overall profits. Guess all their hardware should be profitable by now...? Plus the continues release of some hit titles, DLC, digital sales, amiibo.

It's a good sign that they manage to be profitable even when their hardware sales are seriously lackluster.
 
T

TheXfactor

Member
vinnygambini said:
LTD Figures:

Pokemon XY - 13.99 million
Pokemon ORAS - 10.27 million
Super Smash 3DS - 7.04 million
Super Smash Wii U - 3.83 million
Mario Kart 8 - 5.43 million
Click to expand...
looks like its gonna pass fire red/leaf green. Getting pretty close to heart gold and soul silver too, it actually hasnt a chance to beat it. crazy for that title
 
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