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Press Releases
  Nintendo Announces Fiscal 2013 Financial Results
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04/24/2013
 


[This unedited press release is made available courtesy of Gamasutra and its partnership with notable game PR-related resource GamesPress.]

Nintendo today reported financial results for the fiscal year ending March 31, 2013. After reporting a net loss in its previous fiscal year, Nintendo was able to return to profitability in both Net and Ordinary Income for the full year, although Operating Income remained negative.

Based on the strong lineup of upcoming software titles for both the Nintendo 3DS and Wii U systems, Nintendo expects to return to Operating Income profitability by the end of the current fiscal year. During the next several months, Nintendo expects to launch new titles in the Mario Kart (Wii U), Super Mario Bros. (Wii U), Wii Fit (Wii U), Pikmin (Wii U), The Legend of Zelda (Wii U and Nintendo 3DS), Mario & Luigi (Nintendo 3DS) and Pokémon (Nintendo 3DS) franchises. These games, along with titles from Nintendo’s third-party publishing partners, will help drive hardware momentum and introduce new audiences to the Wii U and Nintendo 3DS platforms.

The majority of these titles will be available as physical products at retail locations, as well as full-game downloads from the Nintendo eShop as Nintendo continues to expand its overall digital proposition. In the most recent fiscal year, the revenue from digital software sales increased by more than 110 percent over the same time frame last year.

Top-line results for the full fiscal year and financial forecasts for FY 14 are as follows (in millions of yen):