Nintendo Co., Ltd. president and CEO Satoru Iwata and other senior management held an investor briefing last Friday aimed at Western investment professionals. The goal was to explain in depth the company's financial results, sales trends, and future strategies.

This followed the announced second quarter financial results and figures from the previous day, in which Nintendo raised its full year forecast, expecting net sales of ¥1.55 trillion ($13.59 bn) and a net income of ¥275.0 billion ($2.41bn).

Compared to last year's financial term, April 2006 - March 2007, Nintendo has so far seen a 132.5% increase (¥694.8 billion, $6.07 bn), largely attributing this sharp rise to the Nintendo DS Lite's release in all territories and the Nintendo Wii's launch. Operational and recurring profits received similar increases, contributing towards a net profit of ¥132.4 billion (#1.16 bn). The company greatly exceeded its own sales and profit forecasts made earlier this year in July.