Nintendo: "Wii U Still Faces Challenges"
Despite very poor recent results, Nintendo remains hopeful for 2015
Despite posting less than stellar financial results for the year to March 31st 2014, Nintendo is forecasting a return to profit in the year to March 31st 2015.
Next year the company is forecasting the nicely rounded ¥20,000 million in net income. Compare that to the ¥23,222million loss it made in the period to March 31st 2014. This comes down to its hopes for a surge on sales of Wii U.
The company admits that the Wii U, "still faces a challenging sales situation" but, Nintendo will focus on efforts that seek to stimulate the platform. By providing software that takes advantage of the “Wii U GamePad,” utilizing its built-in functionality as an NFC reader/writer, and adding “Nintendo DS” Virtual Console titles to the “Wii U” software lineup, Nintendo will seek to enrich the value of the “Wii U GamePad,” the most important differentiator of “Wii U,” and as a result expand the sales of the “Wii U” platform.
"In terms of compatible software, by positioning Mario Kart 8 scheduled to be released globally in May, and Super Smash Bros" for Wii U, scheduled to be released this winter, as two main drivers, both of which are titles that a wide range of consumers can enjoy either alone or with other players, Nintendo will seek to supply high quality games on a continuous basis.
"Moreover, Nintendo will also strive to proactively pursue its digital distribution business through the “Nintendo eShop.”"
To achieve the numbers, Nintendo is forecasting that it will sell 3.6 million units of Wii U hardware. Now, it also suggests that it will sell 500,000 Wiis.
All info available here.
Next year the company is forecasting the nicely rounded ¥20,000 million in net income. Compare that to the ¥23,222million loss it made in the period to March 31st 2014. This comes down to its hopes for a surge on sales of Wii U.
The company admits that the Wii U, "still faces a challenging sales situation" but, Nintendo will focus on efforts that seek to stimulate the platform. By providing software that takes advantage of the “Wii U GamePad,” utilizing its built-in functionality as an NFC reader/writer, and adding “Nintendo DS” Virtual Console titles to the “Wii U” software lineup, Nintendo will seek to enrich the value of the “Wii U GamePad,” the most important differentiator of “Wii U,” and as a result expand the sales of the “Wii U” platform.
"In terms of compatible software, by positioning Mario Kart 8 scheduled to be released globally in May, and Super Smash Bros" for Wii U, scheduled to be released this winter, as two main drivers, both of which are titles that a wide range of consumers can enjoy either alone or with other players, Nintendo will seek to supply high quality games on a continuous basis.
"Moreover, Nintendo will also strive to proactively pursue its digital distribution business through the “Nintendo eShop.”"
To achieve the numbers, Nintendo is forecasting that it will sell 3.6 million units of Wii U hardware. Now, it also suggests that it will sell 500,000 Wiis.
All info available here.
Companies:
Nintendo
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