Nintendo Lowers 3DS Shipment Forecast, Expects Major Loss

Discussion in 'User Submitted News' started by heartgold, Jan 26, 2012.

  1. heartgold
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    Member heartgold GBAtemp Psycho!

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    As part of its quarterly earnings report today, Nintendo slashed its earnings forecast for the full year ending March 31, 2012 and also cut shipment forecasts for 3DS and Wii hardware and software.



    The company had previously forecast (on October 27, 2011) sales of 790,000 million yen, operating income of 1,000 million yen, and a net loss of 20,000 million yen. It now expects sales of 660,000 million yen, an operating loss of 45,000 million yen, and a net loss of 65,000 million yen.

    Reasons for the changes include stronger-than-expected yen appreciation and lowered unit sales forecasts.

    Lower Hardware Forecasts

    Among the lowered sales forecasts are a drop in 3DS targets from the previously announced 16 million units to 14 million units. Wii is now expected to sell 10 million units, down from the previous forecast of 12 million units.

    While Wii software sales forecasts remain unchanged at 100 million units, Nintendo lowered its 3DS software sales forecasts from 50 million to 38 million units.
    Nintendo also lowered DS targets. DS hardware is expected to sell 5.5 million units, down from the previous target of 6 million. DS software is expected to sell 59 million units, down from the previous 62 million forecast.

    Q3 Results

    For the nine month period ending December 2011, which includes the all important holiday season, Nintendo saw net sales of 556,166 million yen, down from the 807,990 million yen for the same nine month period in 2010. Last year's operating income of 158,795 million yen and net income of 49,557 million yen turned to an operating loss of 16,408 million yen and a net loss of 48,351 million yen.
    Contributing to the increased losses for the period were price drops for 3DS and Wii. The high yen was once again a major issue for Nintendo, as 78.3% of Nintendo's sales for the nine month period came from outside of Japan. Exchange losses totaled 53.7 billion yen.

    3DS sold 11.43 million units over the nine month period, bringing total worldwide sales to 15.03 million units. Wii sold 8.96 million units, a drop from the 13.72 million units the year prior, bringing its life to date total to 94.97 million units. DS sold 4.64 million units, a drop from the 15.7 million units the year prior, bringing its life to date total to 151.06 million units.
    In software, Nintendo noted that Super Mario 3D Land and Mario Kart 7 became million sellers. They were joined by a third party million seller as well (Nintendo's earnings report did not mention the game, but it's Monster Hunter 3G). Zelda Skyward Sword had strong sales, particularly in America.



    http://andriasang.co...tendo_earnings/

    Old consoles not selling well and stronger Yen, on the bright side 3DS has over 15 Million WW sales now.
     
  2. JonnyPoots

    Member JonnyPoots GBAtemp Regular

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    hmmmm,
    it would neat if these projections and speculations led to an earlier release of the Wii U
    anything before November would be nice (i.e. the last two consoles)
    perhaps Septemberish, like when the 64 came out
     
  3. chris888222

    Member chris888222 GBAtemp's Flygon Fan

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    Goodbye Nintendo... Goodbye. /butthurt
     
  4. prowler

    Member prowler Sony

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    http://www.isnintendodoomed.com/
     
  5. Hop2089

    Member Hop2089 Cute>Hot

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    Damn you strong Yen, killing profits and making importing more expensive than it's been ever.

    Nintendo isn't doomed though.
     
  6. Valwin

    Banned Valwin The Neautral Gamer

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    nintendo lowers shipment yet it still outsells the vita 100 to 1
    :3


    also 15million 3DS WW :O
     
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  7. heartgold
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    Member heartgold GBAtemp Psycho!

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    Three years ago big N's maket cap was $65B, today it's worth $17B, That's really worrying.

    Heck when they were on fire, their market cap was worth $85B in 2007.

    Nintendo losing its way.
     
  8. Geren

    Member Geren GBAtemp Regular

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    I don't see how selling more than vita will help nintendo. Sony and M$ have many other sources of money. Nintendo doesn't.

    Nintendo, just release a 3d Pokemon game an call it a day.
     
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  9. prowler

    Member prowler Sony

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    Here's how they can win back that money
    Warning: Spoilers inside!
     
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  10. heartgold
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    Member heartgold GBAtemp Psycho!

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    Sadly, yes. That is the only option left. :P
     
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  11. stormwolf18

    Member stormwolf18 GBAtemp Fan

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    Good for them.

    The 3DS is so overrated.
     
  12. Midna

    Banned Midna Banned

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    Nothing unusual.
     
  13. DigitalDeviant

    Member DigitalDeviant GBAtemp Addict

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    They need better 3rd party support and a compelling online experience, perhaps they're realizing that man cannot survive on Mario and Zelda games alone.

    edit: Typo
     
  14. TimmyDonuts

    Newcomer TimmyDonuts Member

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    3DS hardware LTD is already over 15 million units. And almost 40 million software units. Those are insane numbers.

    I guess its not a failure after all.

    Oh and it already defeated Vita. First to 10 million wins.
     
  15. Chanser

    Member Chanser :o

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    http://www.nintendo.co.jp/ir/pdf/2012/120127e.pdf
     
  16. Puregamer

    Member Puregamer GBAtemp Regular

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  17. Qtis

    Member Qtis Grey Knight Inquisitor

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    To people saying 15 million consoles sold is great, think about the fact that this is the first time in quite a while that Nintendo is making pure loss. Not really something that should make you worry (many years of good solid profit has been made and the buffer is quite big by looking at the numbers), but it is a different situation compared to previous years.

    Lets see how the big picture changes in a few years.


    ps. Look what happened to Sony with the PS2 vs PS3 profits. Nothing is impossible.
     
  18. KingdomBlade

    Member KingdomBlade Blade v3+ (I R SHMEXY)

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    The amount of stupidity in this statement astounds me. So much.

    So I assume you're not going to acknowledge the fact that the Vita was released far later than the 3DS? And that the Vita hasn't been even released in any other territory besides Japan yet?
     

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