Nintendo Announces First Yearly Loss

files/pictures/picture-35.jpgPress Release from Ninentdo

Nintendo today reported financial results for the first six months of its current fiscal year (through Sept. 30, 2011), and revised downward full-year financial and unit sales forecasts.

In total, the company shipped 9 million hardware units and more than 73 million software units during the half year. In addition, Nintendo revised its full-year unit global shipment forecasts as follows, compared with projections at the end of the previous fiscal quarter:

GLOBAL SHIPMENT FORECAST (millions of units)

Previous forecast
July 28, 2011

Nintendo DS Hardware: 9
Nintendo DS Software: 65*
Wii Hardware: 12
Wii Software: 110*
Nintendo 3DS Hardware: 16
Nintendo 3DS Software: 70*

Revised forecast
Oct. 27, 2011

Nintendo DS Hardware: 6
Nintendo DS Software: 62**
Wii Hardware: 12
Wii Software: 100**
Nintendo 3DS Hardware: 16
Nintendo 3DS Software: 50**

During Q3 and through the rest of the fiscal year, Nintendo and third-party publishers will release several highly anticipated software titles that play exclusively on Nintendo platforms. First-party titles include The Legend of Zelda: Skyward Sword for the Wii console, and Super Mario 3D Land and Mario Kart 7 for the Nintendo 3DS system.

*Forecast announced on July 28 includes units bundled in hardware sets during the June quarter. Forecast units during remainder of the fiscal year are standalone software only.

**Forecast announced on Oct. 27 includes units bundled in hardware sets during the half year. Forecast units during remainder of the fiscal year are standalone software only.