The company reported 9-month (from April to December 2008) global sales of 1,536 billion yen, an increase of nearly 17% over the same period in 2007. That’s in addition to 501 billion yen of operation profits, which is up from 27% a year ago.
These numbers mark the fourth consecutive year that Nintendo has exceeded the previous results for the same nine month period. However recurring and net profits for the same nine month periods each declined about 18% due to 174 billion yen of foreign currency reevaluation losses from assets held in currencies other than Japanese yen (such as bank deposits without forward exchange contracts).
Switching gears to their portable powerhouse, the Nintendo DS platform, for the full scale year ending March 31st 2009, Nintendo revised their unit sales forecast for the DS upward 3% to 31.5 million globally. They also adjusted DS software, lowering it by 7% to 193 million.
As far as the Wii is concerned, with softness in the Japanese consumer market, a full year of global unit sales estimates for both hardware and software were revised downward by 3%, to 26.5 million systems and 193 million games, respectively, in spite of the overall robust sales outside Japan.
That combined with the changes in the anticipated foreign currency exchange ratios had Nintendo revise their estimates for fiscal sales and profit projections for the full year ending March 31, 2009. However, the company remained on pace to set historic records for Net Sales and Operating Profit for the full 12 month period.
Other highlights announced by Nintendo include the following cumulative shipment figures from launch through the end of December 2008:
* Total LTD shipments of Nintendo DS hardware were 96.22 million worldwide, along with more than 533 million games.
* Total LTD Wii shipments reached nearly 45 million worldwide, along with over 312 million games.
* The LTD shipment of Wii Fit™ reached 14 million, and Mario Kart™ Wii reached 13.67 million.