hot  /  reviews  /  videos  /  cblogs  /  qposts

Nintendo missed fiscal year targets for 3DS, Wii U

1:00 PM on 04.24.2013 // Tony Ponce

Still made a $71.4 million net profit due to depreciation of the yen

Nintendo's fiscal year 2013 report was just released today, and the details are... well... umm... they're certainly something alright. Neither hot nor cold. Just... there.

For the year ending on March 31, 2013, Nintendo posted revenues of ¥635.4 billion (~$6.4 billion), down 1.9% from last year, and an operating loss of ¥36.4 billion ($~366 million), all thanks to the lackluster sales of the Wii U. But there is a silver lining due to favorable exchange rates, which actually sees Nintendo with a net profit of ¥7.1 billion (~$71.4 million), an improvement over last year's shocking $434.5 million loss.

But the truly unfortunate -- yet completely expected -- figures come from pure hardware and software sales. Despite a forecast revision from 5.5 million to 4 million, the Wii U wasn't even able to meet that, ending the year with a mere 3.45 million units sold. That means from January through March, only 390,000 consoles were sold worldwide. Likewise, the software target was reduced from 24 million to 16 million, yet only 13.42 million games were sold. Ouch.

The 3DS fared a bit better, selling 13.95 million units and 49.61 million copies of software, both increases over last year's totals. But it too missed its hardware target of 15 million down from 17.5 million. Not to mention, the 3DS is now falling behind its older brother, the DS, which managed to sell 23.56 million units back during its third fiscal year.

Numbers for DS and Wii were also given. The Wii struggled to hit 3.98 million sales this year, while the DS performed even worse with 2.35 million. Not surprising considering that their successors are already out in the market, but clearly those old owners are not upgrading. Getting those folks to step up will be Nintendo's prime directive for the new year.

Despite the rather miserable results, Nintendo is comfortable in predicting 9 million Wii U sales and 18 million 3DS sales by next year. The company even believes it can squeeze out another 2 million Wii sales! Unfortunately, no forecast for the DS was given, lending to the notion that its official retirement is just around the corner.

Let's see what Satoru Iwata, SUPER CEO, can do!

Nintendo misses its fiscal forecasts as the Wii U struggles to sell [Gamasutra]
Nintendo FY13: $70M Net Income; WiiU 3.45M, NDS retires, 3DS/WiiU miss expectations [NeoGAF]

Photo Gallery: (1 images)
Click to zoom - browse by swipe, or use arrow keys

Tony Ponce, Contributor
 Follow Blog + disclosure megaStryke Tips
(Decommissioned) Super Fighting Robot 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 * to your whitelists.

Status updates from C-bloggers

OverlordZetta avatarOverlordZetta
[img][/img] [img][/img] [img][/img]
Amna Umen avatarAmna Umen
Anyone else getting massive lag in between games of the Battlefront Beta? I'm running an AMD rig so it might be that but just want to know it's not just me.
Shinta avatarShinta
1 hour stream of Dragon Quest Heroes.
MeanderBot avatarMeanderBot
Plague Knight is pretty rad, even when represented by mediocre artists [img][/img]
Shinta avatarShinta
Initial impressions: Chibi-Robo Zip lash is pretty damn fun so far. It's like Mr. Mosquito + Castlevania + Umihara. Controls are spot on, platforming is actually very solid so far, and the characters are about as charming as they can get. +amiibo.
nanashi avatarnanashi
Question: Is resident evil nemesis supposed to start off with a toolbox that has (unlimited) ink ribbon, 250 handgun ammo, magnum (w/ammo), shotgun (w/ammo) and two assault clips, in the first room of the game?????
OverlordZetta avatarOverlordZetta
[img][/img] Much want. Such need. Ow.
Shinta avatarShinta
[img][/img] Can you imagine if greedy aliens stole all YOUR snacks? I don't even know how I'd handle it honestly. I don't even want to think about it.
Mike Martin avatarMike Martin
Great. YouTube took down my nude re - enactment of She-Wolf. Again. Fuck you Shakira. Let my art shine.
RadicalYoseph avatarRadicalYoseph
BREAKING: Inner city man and "Pokemon Go" enthusiast found dead after entering rival gang's territory. "All he wanted was a Shiny Charizard!" according to an interview with a close friend. "We found him on the street, limp as a Magikarp stuck on a beach."
GoofierBrute avatarGoofierBrute
I completely forgot that Castlevania: Dawn of Sorrow had an animated opening. Other than the compression, it actually looks really good today, and makes me wonder why Konami didn't commission some sort of Castlevania anime. That would have been sweet.
Cosmonstropolis avatarCosmonstropolis
Gamestop has Splatoon amiibo up, if that's your thing. Totally didn't order and just cancel mine.
OverlordZetta avatarOverlordZetta
Anyone else having issues with italics in blogs? I went to save a draft, and when it loaded the post-saving creature I was working on, the entire text had been italicized and I now am unable to change it back. I've been possessed!
So that's $50 for the season pass on top of the game already costing sixty at launch, plus the monthly subscription fee for playing online on consoles. All in the name of getting the full experience! VYDEO_GEAMEZ!!
BroskiTheChocobo avatarBroskiTheChocobo
Why hello there. My name is Broski and I am new here so be nice. I'll be posting some content over the next few days so have a read and I hope you enjoy it. Broski out.
Agent9 avatarAgent9
tired but I gotta work. Would rather play more MGS5.
Batthink avatarBatthink
Races have been pretty intense, and the last Moto3 race in MotoGP 14 should have been too. Emphasis on the word [i]should[/i]. The AI riders ignored infringements in the last race, meaning everyone was disqualified except me. Derp.
Batthink avatarBatthink
Been playing MotoGP 14 on my Vita. A bit buggy (some menus you need to press circle to go back, then cross to select to proceed, otherwise nothing happens. And motorcycling helmets riding motorcycles in-race), but I've got the sweet spot in difficulty.
RadicalYoseph avatarRadicalYoseph
Daily VGM #21 (Witcher 1) - Geralt of Rivia (The Witcher 3) [youtube][/youtube] I think this theme does a fantastic job capturing the feel of The Witcher 3. Epic, but also somber at times.
wutangclam avatarwutangclam
Sorry to shamelessly self-promote, but I wanted to share a piece that went up over the weekend with ya'll Hopefully it's an enjoyable read! [url][/url]
more quickposts



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 -