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Consolidated Financial Results for the Nine Months Ended December 31, 2021: Nintendo
Nintendo’s consolidated financial results for the nine months ending December 31, 2021, reflect a period of transition characterized by a year-over-year decline in hardware sales following the exceptional performance of the previous fiscal year.
- Nintendo reported a year-over-year decline for the nine months ending December 31, 2021, with net sales falling 6.0% to 1,320.2 billion yen and operating profit dropping 9.3% to 472.5 billion yen.
- Hardware unit sales decreased 21.4% to 18.95 million units, though the launch of the Nintendo Switch – OLED Model helped the total install base surpass 100 million units.
- Software sales remained resilient despite hardware declines, increasing 1.8% to 179.29 million units driven by titles like Pokémon Brilliant Diamond and Pokémon Shining Pearl.
Nintendo Financial Results Explanatory Material: 3rd Quarter of Fiscal Year Ending March 2022
Nintendo experienced a period of transition during the first nine months of the fiscal year ending March 2022, characterized by a year-on-year decline in net sales and operating profit.
- The Nintendo Switch platform surpassed 100 million cumulative units sold during the first nine months of the fiscal year ending March 2022.
- Net sales and operating profit declined year-on-year due to the normalization of demand following the previous surge in Animal Crossing: New Horizons sales and ongoing semiconductor shortages.
- Digital revenue increased by 31.2% in the third quarter, driven by strong demand for downloadable content, add-on expansions, and the Nintendo Switch Online subscription service.
Nintendo Annual Report 2008
Nintendo achieved unprecedented financial success during the 2008 fiscal year, characterized by a 73% increase in net sales to ¥1,672 billion and a 115.6% surge in operating income.
- Nintendo's net sales rose 73% to ¥1,672 billion in fiscal 2008, while operating income surged 115.6%.
- Growth was driven by global demand for the Nintendo DS and Wii hardware, supported by software such as Pokémon Diamond and Pearl and Wii Fit.
- Overseas markets accounted for 80.6% of total revenue, underscoring the company's heavily international reach.
Consolidated Results for the Years Ended March 31, 2007 and 2008: Nintendo
Nintendo achieved record-breaking financial performance during the fiscal year ending March 31, 2008, characterized by a 73 percent surge in net sales to 1.67 trillion yen and a 115.6 percent increase in operating income to 487.2 billion yen.
- Nintendo's net sales rose 73 percent to 1.67 trillion yen in the fiscal year ending March 31, 2008, while operating income surged 115.6 percent to 487.2 billion yen.
- Growth was driven by global demand for the Nintendo DS and Wii hardware, supported by software such as Wii Fit and Pokémon Diamond and Pearl.
- Overseas sales accounted for 80.6 percent of consolidated revenue, showing the company's heavy dependence on international markets.
Consolidated Financial Highlights: Three Months Ended June 2007
Nintendo Co., Ltd.’s consolidated financial results for the three-month period ending June 30, 2007, demonstrate significant growth in the electronic entertainment sector, driven by the robust global performance of the Nintendo DS and Wii hardware platforms.
- Nintendo's net sales for the three months ended June 30, 2007 reached 340.4 billion yen, up 160.0% year over year, with operating income rising 214.7% to 90.6 billion yen and net income rising 416.0% to 80.2 billion yen.
- Foreign exchange gains of 29.0 billion yen contributed to the quarter's results, reflecting Nintendo's strong international market presence.
- The Nintendo DS sold 6.98 million units in the quarter, bringing its lifetime total to 47.27 million units, with the successful U.S. launch of Pokémon Diamond and Pearl anchoring software demand.