Odyssey
Company
Documents about Odyssey
Six Months Financial Results Briefing: Fiscal Year Ending March 2018
The financial results briefing for the six-month period ending September 2017 outlines Nintendo’s strategic progress across three core pillars: the expansion of its smart-device business, the maintenance of the Nintendo 3DS platform, and the growth of the Nintendo Switch installed base.
- Nintendo revised its fiscal year 2018 hardware sales projection for the Nintendo Switch to 14 million units, targeting a cumulative sell-in of over 16 million units within the console's first year.
- Super Mario Odyssey achieved rapid commercial success, recording over 2 million units in global sell-through within three days of its October 2017 release.
- The smart-device business saw significant engagement, with Super Mario Run reaching 200 million downloads and Fire Emblem Heroes showing increased overseas sales.
Nintendo Consolidated Results for the Six Months Ended September 30, 2017
Nintendo’s consolidated financial results for the six months ending September 30, 2017, demonstrate a significant recovery and growth trajectory driven primarily by the successful market adoption of the Nintendo Switch platform.
- Nintendo achieved a significant financial turnaround for the six months ending September 30, 2017, with net sales rising 173.4% to 374.0 billion yen and an operating profit of 39.9 billion yen, compared to a 5.9 billion yen loss in the prior year.
- The Nintendo Switch drove this performance with 4.89 million hardware units and 22.02 million software units sold, supported by key titles including Splatoon 2, Mario Kart 8 Deluxe, and ARMS.
- Nintendo revised its full-year forecast for the period ending March 31, 2018, to project 960 billion yen in net sales and 120 billion yen in operating profit.
Nintendo Earnings Release: Supplementary Information (September 2017)
This supplementary earnings information for the six-month period ending September 2017 details a significant financial turnaround for Nintendo, driven primarily by the successful market adoption of the Nintendo Switch hardware and software ecosystem.
- Nintendo achieved a significant financial turnaround for the six-month period ending September 2017, reporting net sales of 374,041 million yen compared to 136,812 million yen in the previous year.
- The company returned to profitability with an operating profit of 39,961 million yen, reversing the 5,947 million yen operating loss recorded during the same period in 2016.
- Profit attributable to owners of the parent reached 51,503 million yen, supported by an ordinary profit of 69,591 million yen.