Consolidated Results for the Six Months Ended September 2008

The consolidated financial results for Nintendo Co., Ltd. for the six-month period ending September 30, 2008, demonstrate significant growth in both net sales and operating income compared to the same period in 2007. Net sales reached 836.8 billion yen, up from 694.8 billion yen, while operating income rose to 252.1 billion yen from 188.7 billion yen. This performance was driven primarily by the robust global popularity of the Nintendo DS and Wii hardware and software platforms, particularly in the Americas and Europe.

The electronic entertainment products division accounted for over 90% of total sales, with the Nintendo DS reaching 84.33 million units in life-to-date hardware sales and the Wii reaching 34.55 million units. Software sales for both platforms also saw substantial increases, supported by successful titles such as Pokémon Platinum and Mario Kart Wii. Geographically, the company maintained a strong international presence, with overseas sales accounting for 88.5% of total consolidated net sales.

The financial position remains stable, with total assets increasing to 1,832.1 billion yen, largely due to higher finished goods inventory levels in anticipation of holiday demand. The company adopted several updated accounting standards during this period, including new regulations for quarterly financial reporting and inventory measurement, though these changes had a minor impact on overall operating income. Looking ahead, the company continues to focus on expanding its gaming audience through new hardware, such as the Nintendo DSi, and ongoing software development. Management has issued a full-year forecast for the fiscal year ending March 31, 2009, projecting net sales of 2,000 billion yen and operating income of 630 billion yen, based on assumed exchange rates of 100 yen per U.S. dollar and 140 yen per euro.