“The net sales were lower than expected due to the fact that the sales units of the ‘Nintendo 3DS’ hardware, and the ‘Wii U’ hardware and software did not reach their expected levels.”
☆ NintendObs Event – Nintendo FY3/2014.
Net sales:
Previous forecast (A), announced on January 17, 2014: 590,000 million yen
Actual result (B): 571,726 million yen
Increase (Decrease), (B)-(A): (18,273 million yen)
Increase (Decrease), in percentage: (3.1%)
Operating Income:
Previous forecast (A), announced on January 17, 2014: (35,000 million yen)
Actual result (B): (46,425 million yen)
Increase (Decrease), (B)-(A): (11,425 million yen)
Ordinary Income:
Previous forecast (A), announced on January 17, 2014: 5,000 million yen
Actual result (B): 6,086 million yen
Increase (Decrease), (B)-(A): 1,086 million yen
Increase (Decrease), in percentage: 21.7%
Net Income:
Previous forecast (A), announced on January 17, 2014: (25,000 million yen)
Actual result (B): (23,222 million yen)
Increase (Decrease), (B)-(A): 1,777 million yen
Source: Nintendo.
Reasons for differences
The net sales were lower than expected due to the fact that the sales units of the “Nintendo 3DS” hardware, and the “Wii U” hardware and software did not reach their expected levels. The operating loss increased from the forecast due to the increase in inventory write-down and research and development expenses compared with the forecasts in addition to the decrease of net sales.
— Nintendo Investor Relations
Source: Nintendo JP.
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