Nintendo report record sales

Filed under: Press Releases — S. @ 1:41 am

Oct. 30, 2008

Nintendo Reports Record Sales, Increases Shipment Forecasts

Nintendo Co., Ltd., today announced in Japan consolidated first-half financial results for the six-month period between April and September 2008, highlighted by record high sales and profits, and increased shipments for the companys popular Wii and Nintendo DS video game systems.

Because of the strength of the yen against the dollar and the euro, Nintendo revised its annual forecast for operational, recurring and net profits downward. However, the annual sales forecast of two trillion yen was left intact mainly because the company increased its shipment forecasts for Nintendo DS software (to 207 million from 197 million), Wii hardware (to 27.5 million from 26.5 million) and Wii software (to 200 million from 186 million).

Other highlights announced by Nintendo today include the following cumulative shipment figures from launch through the end of September 2008:

  • With shipments of 84.33 million hardware units worldwide, the portable Nintendo DS has surpassed cumulative shipments for Nintendos iconic Game Boy Advance (81.36 million).
  • Nintendo DS has shipped 454.63 million software units worldwide.
  • Shipments of Nintendogs, the puppy-interaction game for Nintendo DS, have topped 20 million worldwide.
  • Shipments of the Wii console are at 34.55 million hardware units and 229.85 million software units worldwide.
  • Shipments of Wii Fit have topped 8.7 million worldwide.

Consolidated financial results for April-September 2008 in millions of yen:

   

April-Sept 2008

 

April-Sept 2007

 

% change

Net Sales   836,879   694,803   +10.4
Operational Profit   252,183   188,784   +33.6
Recurring Profit   237,306   215,376   +10.2
Net Profit   144,828   132,421   +9.4

Revised consolidated annual financial forecasts in millions of yen:

Full-Year Forecast

 

As of Aug. 29, 2008

 

Modified

 

% Change

Net Sales   2,000,000   2,000,000   N/A
Operating Profit   650,000   630,000   -3.1
Recurring Profit   700,000   580,000   -17.1
Net Profit   410,000   345,000   -15.9

No Comments ---»---»

No comments yet.

Leave a Comment

(required)

(required)

Line and paragraph breaks are implemented automatically. Your email address is never displayed.

HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>