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
December 12, 2019
arrowPress Releases

If you enjoy reading this site, you might also want to check out these UBM Tech sites:

Sales are up but profits are down in latest Nintendo financials

Sales are up but profits are down in latest Nintendo financials

October 28, 2015 | By Chris Kerr

Nintendo has posted new financials for the six-month period ending September 30, and it's a mixed-bag for the Kyoto-based company, which recently appointed Tatsumi Kimishima as its CEO following the passing of Satoru Iwata. 

The results show that although net sales rose by 19.1 percent from the same time last year, increasing to 204.2 billion yen ($1.69 billion) from 171.4 billion yen ($1.43 billion), profits actually took a hit, dropping by 19.8 percent from 14.3 billion yen ($118 million) to 11.5 billion ($95 million) year-over-year. 

Looking ahead to the end of the fiscal year, which draws to a close on March 31, 2016, Nintendo's financial forecast shows that the company expects net sales to reach 570 billion yen ($4.7 billion), a 3.7 percent increase on last year's total.

The Japanese giant has also predicted that net profit will decrease by 16.4 percent, falling to 35 billion yen ($289 million) by March next year.

Nintendo's strong sales were boosted by the performances of a number of first-party titles, with the combined sales of Splatoon, Super Mario Maker, and Animal Crossing: Happy Home Designer, now totaling 6.32 million worldwide.

Correction: USD conversions were off due to a decimal misplacement. Sorry for any confusion!

Related Jobs

Sanzaru Games Inc.
Sanzaru Games Inc. — Dublin , California, United States

Systems Designers
Sanzaru Games Inc.
Sanzaru Games Inc. — Dublin, California, United States

Level Designer
Deep Silver Volition
Deep Silver Volition — Champaign, Illinois, United States

Principal Writer
Futureplay — Helsinki, Finland

Senior Game Designer

Loading Comments

loader image