Gamasutra is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
July 6, 2022
arrowPress Releases
If you enjoy reading this site, you might also want to check out these UBM Tech sites:


Nintendo Raises Profit Forecasts By 20%

Nintendo Raises Profit Forecasts By 20%

January 10, 2007 | By David Jenkins

January 10, 2007 | By David Jenkins
Comments
    Post A Comment
More: Console/PC



Officials from Nintendo have announced that the company is raising its full year profit forecasts by 20 percent to a total of 120 billion ($1.01bn), for the twelve months ending March 31st, 2007.

The company's net sales forecast was raised by 21.6 percent to 900 billion ($7.54bn) for the full year, with income before income taxes and extraordinary items up by 23.5 percent 210 billion ($1.76bn).

The reasons given for the increase in an official Nintendo of Japan statement were better than expected worldwide sales for the Nintendo DS console and its software, as well as "favorable sales of other products". The company also benefited from beneficial exchange rates.

Hardware sales predictions for the DS by the end of March were raised by 15 percent to 23 million, broken down to 4.8 million for Japan, 2.9 million for the Americas and 3.8 million for the rest of the world. Software sale predictions for the DS were raised by 22 percent to 100 million units.

The performance so far of the Wii was not explicitly referred to, with hardware forecasts remaining the same at six million units. However, software estimates for Nintendo's new console were raised from 17 million to 21 million units.


Related Jobs

Skydance
Skydance — Santa Monica, Los Angeles, California, United States
[07.05.22]

Senior Game Producer - Game Team
Arrivant
Arrivant — Remote, California, United States
[07.05.22]

Art Director
Build a Rocket Boy Games
Build a Rocket Boy Games — Edinburgh, Scotland, United Kingdom
[07.04.22]

Lead Physics Programmer
Build a Rocket Boy Games
Build a Rocket Boy Games — Edinburgh, Scotland, United Kingdom
[07.04.22]

Lead UI Programmer









Loading Comments

loader image