Consolidated Results for the Nine Months Ended December 2008 and 2009

Nintendo’s consolidated financial results for the nine-month period ending December 31, 2009, reflect a period of contraction compared to the same timeframe in 2008. Net sales reached 1,182.1 billion yen, representing a 23.1% decline, while operating income fell by 40.8% to 296.6 billion yen. Net income for the period was 192.6 billion yen, a 9.4% decrease from the previous year. These results were primarily influenced by a shortfall in sales during the first half of the fiscal year and the appreciation of the Japanese yen, which negatively impacted overall financial performance despite robust holiday season demand.

The company’s electronic entertainment division remained the core driver of business, accounting for over 90% of total sales. Hardware performance included 23.35 million units sold for the Nintendo DS series and 17.05 million units for the Wii console. Software sales remained strong, with notable titles such as New Super Mario Bros. Wii, Wii Fit Plus, and Wii Sports Resort each exceeding 10 million units in worldwide sales during the nine-month period. Geographic performance was led by Japan, which generated 984.3 billion yen in sales, followed by the Americas and Europe.

Financial position remains stable, with total assets of 1,795.9 billion yen and a capital adequacy ratio of 72.5% as of December 31, 2009. The company utilized simplified accounting procedures for tax calculations and adjusted its valuation method for investment securities to improve comparability. Looking forward, the company maintains its previously announced full-year financial forecasts, projecting net sales of 1,500 billion yen and net income of 230 billion yen for the fiscal year ending March 31, 2010.