Note: iOS 9 + Facebook users w/ trouble scrolling: #super sorry# we hope to fix it asap. In the meantime Chrome Mobile is a reach around
hot  /  reviews  /  videos  /  cblogs  /  qposts

Nintendo lowers 2014 Wii U sales forecast from 9M to 2.8M

2:15 PM on 01.17.2014 // Jordan Devore
  @DtoidJordan

Considers 'a new business structure'

Nintendo has revised its financial forecasts for the fiscal year ending March 31, 2014 and the Wii U has taken a substantial hit. The company's sales forecast for the console has gone from 9 million to 2.8 million, while the 3DS forecast dropped from 18 million sales to 13.5 million. Nintendo expected a net income of 55 billion yen, but now it's looking at a net loss of 25 billion yen.

According to Nintendo president Satoru Iwata, "[Wii U sales] showed some progress in the year-end sales season as we released various compelling titles from the summer onwards, launched hardware bundles at affordable price points and also performed a markdown of the hardware in the U.S. and European markets; however, they fell short of our targeted recovery by a large margin ... In addition, we did not assume at the beginning of the fiscal year that we would perform a markdown for the Wii U hardware in the U.S. and European markets."

At a press conference, Iwata said "We are thinking about a new business structure. Given the expansion of smart devices, we are naturally studying how smart devices can be used to grow the game-player business. It's not as simple as enabling Mario to move on a smartphone. We cannot continue a business without winning. We must take a skeptical approach whether we can still simply make game players, offer them in the same way as in the past for 20,000 yen or 30,000 yen, and sell titles for a couple of thousand yen each."

Nintendo will have more to say on January 30, 2014 during its Corporate Management Policy Briefing in Tokyo following its third-quarter financial results report.

Opening explanations by the President at the press conference regarding full-year financial forecast and dividend forecast modifications [Nintendo]
Nintendo Mulls New Business Model After Forecasting Loss
[Bloomberg]



Jordan Devore, Managing Editor, Co-EIC
 Follow Blog + disclosure DtoidJordan Tips
Jordan is a founding member of Destructoid and poster of seemingly random pictures. They are anything but random. Disclosure: I backed Double Fine Adventure and Awesomenauts: Starstorm on Kickst... more   |   staff directory



 Setup email comments

Unsavory comments? Please report harassment, spam, and hate speech to our community fisters, and flag the user (we will ban users dishing bad karma). Can't see comments? Apps like Avast or browser extensions can cause it. You can fix it by adding *.disqus.com to your whitelists.

 Quickposts
Status updates from C-bloggers

Fuzunga avatarFuzunga
The Sonic Twitter's done it again.
SeymourDuncan17 avatarSeymourDuncan17
I CHALLENGE YOU, HUMAN, TO... A DUEL! NYEH HEH HEH!
ChrisHannard avatarChrisHannard
In honour of Valentine's Day, let's share our names/synopsis for porn versions of popular video games. I'll start us off with Firecrotch, the tale of a red-headed firefighter struggling to save a nudist colony from a forest fire.
Mike Martin avatarMike Martin
Leave it to Cracked...
Luckrequired avatarLuckrequired
Clicked on Google's Valentine's Day animation and this pops up. Good show, fellas. http://www.bbc.co.uk/news/world-asia-35570606
absolutfreak avatarabsolutfreak
Maybe this has been addressed, but what the hell is going on with Disqus here?
KnickKnackMyWack avatarKnickKnackMyWack
Also, I think my Wii U gamepad is on its last legs... the NFC reader is still kaput, the screen is rather smudgy and the L button is started to stick like a motherfucker. Sooner or later it's just going to stop working altogether methinks. :'(
KnickKnackMyWack avatarKnickKnackMyWack
Younger me would be so disappointed in the gamer I am today. When did I stop finishing games? Seriously!
SayWord avatarSayWord
Hosting a Murder Mystery dinner tonight. What are the chances that I actually get to play myself? =P
RadicalYoseph avatarRadicalYoseph
We were discussing Ben Carson, pyramids, corpses, SoFlo, and Nekro's fetishes in the Discord chat if anyone wants to know what it's like down there.
lewness avatarlewness
Nintendo just sent me an email to say "Congrats on your new Wii U!". It wasn't new it got fucking FRIED and now all my stuff's gone after repairs - I was in Chapter 9! Chapter 9! 70+ hours on XCX! And that's just one game! I was- *walks off ranting*
JPF720 avatarJPF720
Bravo Undertale, bravo.
SpielerDad avatarSpielerDad
The most depressing Valentine's Day song ever, courtesy of Ole Blue Eyes.
PappaBear avatarPappaBear
I love my Elgato HD60
PappaBear avatarPappaBear
I'm doing a Jackbox Party games stream this afternoon/evening at 6PM EST. Would love to have the DToid community come join in! https://gaming.youtube.com/watch?v=axZGgeTepzs
TheKodu avatarTheKodu
It's Alcohol day. I've had Alcohol. Here have a page to hire Anita Sarkeesian for public appearances or speeches only $10K a time http://speakerpedia.com/speakers/anita-sarkeesian?from=speakear-sidebar
EdgyDude avatarEdgyDude
Irony: over 9000!. The same UN with staff distributing child porn, Saudi Arabia heading its Human Rights Council and troops accused of rape wants to school Japan on their treatment of women in videogames. You can't can't make up this stuff.
Solar Pony Django avatarSolar Pony Django
So I got my game recorder. That's good! But I ordered the wrong one. That's bad. So just gotta send back to Amazon and order it. Could've sworn on the website it said the HD60 Elgato let you record old games too.
Gamemaniac3434 avatarGamemaniac3434
It just occured to me that given the 99% probablility of there being an update pack to XCOM 2-ala Enemy Within-waiting for a while may be a better option, so that when I do get the game I get it in its optimal form-and on sale, to bring it below 90 total
Dr Mel avatarDr Mel
My mustache froze while walking home from work. Fun!
more quickposts


Contest!


Seriously

Invert site colors

  Dark Theme
  Light Theme


Destructoid means family.
Living the dream, since 2006

Pssst. konami code + enter

modernmethod logo



Back to Top


We follow moms on   Facebook  and   Twitter
  Light Theme      Dark Theme
Pssst. Konami Code + Enter!
You may remix stuff our site under creative commons w/@
- Destructoid means family. Living the dream, since 2006 -