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Nintendo Co., Ltd., have reported final consolidated fiscal year
revenues of 966.5 billion Yen and operating profits of 226.0 billion
Yen for the year ending
 March
31, 2007, an increase of 90% and 150%, respectively, over the same
period one year ago. Both numbers are record highs for the company.
The results are due largely to full-year sales of more than 23
million portable NintendoDS systems globally, along with 123 million
NintendoDS games. Since
introduction, the NintendoDS has now eclipsed lifetime sales
of 40 million systems.
In addition, in less than five months since introduction, the
company sold 5.84 million of its new Wii home videogame systems
globally, virtually every one snapped-up immediately by consumers,
along with nearly 29 million Wii games. Wii has taken a step toward
becoming a cultural phenomenon, appealing widely to both avid and
previously disinterested game-playing audiences.
For the fiscal year beginning April 1, 2007, Nintendo projects sales
of 14 million Wii systems and 55 million games worldwide. The
company projects sales of 22 million NintendoDS hardware unit sales
and 130 million software units sales. Nintendo forecasts
consolidated sales increasing nearly 18% to 1.14 trillion Yen, and
operating profits growing nearly 20% to 270 billion Yen.
All financial projections are based on an anticipated ratio of 115
Yen to the US Dollar, and 150 Yen to the Euro. Using this estimate,
recurring and net profits for the year are projected to be flat in
anticipation of a
foreign currency re-evaluation loss. |
