Nintendo sales up outside Japan but profit forecast cut

Sales of the Wii and DS fell in Japan but rose elsewhere in the April to September half, Nintendo said Thursday.

Nintendo enjoyed higher demand for its console and handheld gaming platforms during the April to September period, but the strong Japanese yen has pushed it to cut its full-year net profit forecast, it said Thursday.

Net profit during the six months was ¥145 billion (US$1.5 billion), up 9 percent on the same period a year ago, while sales rose 20 percent on the year to ¥837 billion.

Propelling business was the increasing popularity of its Wii and handheld DS platforms in North America and Europe.

In the Americas, Nintendo sold 4.6 million Wii consoles and 5.2 million DS handhelds during the six months, up 48 percent and 21 percent respectively on the same period in 2007. In the rest of the world outside of the Americas and Japan, Wii sales rose 75 percent to 4.5 million units while those for the DS were up 34 percent to 7.2 million units.

The strong performance of the two platforms was not mirrored in Nintendo's home market.

Will sales sank 40 percent to 1 million units while DS sales were down by more than half to 1.3 million units. In response to sluggish sales of the DS Nintendo recently announced a new version called the DSi that adds a camera function and is slightly smaller. It will go on sale on Saturday.

Nintendo also revised its full-year sales forecasts for the Wii. It now expects sales of 27.5 million units, which is up from its previous forecast of 26.5 million consoles.

However for the full year the company revised down its profits forecast. In the first half almost 90 percent of the company's sales were overseas and that means its sales and profits can be hugely influenced by swings in the exchange rate.

Over the past month the Japanese yen has strengthened considerably against the U.S. dollar and euro. As a result Nintendo now expects full-year net profit to be ¥345 billion, down from its previous forecast but still 34 percent higher than that achieved last year. Its sales forecast was left unchanged at ¥2 trillion.

Join the PC World newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection

Tags Nintendo

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Martyn Williams

IDG News Service
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Matthew Stivala

HP OfficeJet 250 Mobile Printer

The HP OfficeJet 250 Mobile Printer is a great device that fits perfectly into my fast paced and mobile lifestyle. My first impression of the printer itself was how incredibly compact and sleek the device was.

Armand Abogado

HP OfficeJet 250 Mobile Printer

Wireless printing from my iPhone was also a handy feature, the whole experience was quick and seamless with no setup requirements - accessed through the default iOS printing menu options.

Azadeh Williams

HP OfficeJet Pro 8730

A smarter way to print for busy small business owners, combining speedy printing with scanning and copying, making it easier to produce high quality documents and images at a touch of a button.

Andrew Grant

HP OfficeJet Pro 8730

I've had a multifunction printer in the office going on 10 years now. It was a neat bit of kit back in the day -- print, copy, scan, fax -- when printing over WiFi felt a bit like magic. It’s seen better days though and an upgrade’s well overdue. This HP OfficeJet Pro 8730 looks like it ticks all the same boxes: print, copy, scan, and fax. (Really? Does anyone fax anything any more? I guess it's good to know the facility’s there, just in case.) Printing over WiFi is more-or- less standard these days.

Ed Dawson

HP OfficeJet Pro 8730

As a freelance writer who is always on the go, I like my technology to be both efficient and effective so I can do my job well. The HP OfficeJet Pro 8730 Inkjet Printer ticks all the boxes in terms of form factor, performance and user interface.

Michael Hargreaves

Windows 10 for Business / Dell XPS 13

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?