Nintendo Q3 FY3/2015 Financial Results Briefing, Part 1: Introduction

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☆ NintendObs Event – Nintendo Q3 FY3/2015.

Nintendo Q3 FY3/2015

 

 

Nintendo Q3 FY3/2015

 

Thank you for attending our Financial Results Briefing despite your busy schedules. I am Satoru Iwata, president of Nintendo.

 

First of all, allow me to use this occasion to apologize that, although this Financial Results Briefing was originally scheduled for January 29, we had to contact you on that very morning to postpone it until today because I suffered from a sudden and very high fever from the early morning of that day. I am very sorry for the inconvenience that I caused all of you.

Today, since this is not a Corporate Management Policy Briefing but a Financial Results Briefing after the year-end sales season, which is the biggest sales season of the year, please allow me to focus on the results of the sales season and update you on our most recent business status. While we will further our endeavors to increase our Nintendo 3DS and Wii U businesses in the next fiscal year, we intend to simultaneously challenge ourselves with new endeavors which include our plan to take advantage of smart devices, more aggressive use of Nintendo’s character IP and our new QOL improvement platform business. I am limited in what I can discuss about these efforts now, and I do not think I can successfully convey a big and comprehensive picture of our projects just by sharing with you some fragmented information on these multiple challenges. At the time when we hold the next Financial Results Briefing to discuss the annual results of the current fiscal year, I am hopeful that I will be able to share with you any relevant information, as well as about our financial forecasts, in as much detail as I can. Accordingly, please note that this information is not included in my presentation today.

 

Nintendo Q3 FY3/2015

 

For three consecutive years, we were not able to balance revenue and expenses, and posted an operating loss for the nine-month period. For this fiscal year, the total net sales decreased in comparison with the previous year, but we were able to restore balance and return to an operating profit. I would now like to tell you about the sales transitions of Nintendo 3DS and Wii U.

 

— Satoru Iwata, President of Nintendo
Source: Nintendo JP.

 

 

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