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Nintendo Reports Record Sales, Increases Shipment Forecasts
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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 company's popular Wii(tm) and Nintendo DS(tm) 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 :
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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
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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 |
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