| Nintendo Co., Ltd. today reported sharply higher sales and profits for the half year ending Sept. 30, 2007, in comparison with the corresponding six-month term a year ago (see attached), and increased global hardware and software shipments projections for Wii and for Nintendo DS for the full fiscal year ending March 31, 2008. Correspondingly, the company again boosted full-year financial estimates, including another
rise of 10% in projected global sales and 12% in estimated net profit beyond previous revisions announced on July 25.
The following numbers represent changes in results from the corresponding period a year earlier:
| |
April - September |
| |
2007 vs. 2006 |
| Sales |
+132% |
| Operational Profit |
+181% |
| Recurring Profit |
+127% |
| Net Profit |
+143% |
For the six-month period ending Sept. 30, 2007, the company shipped 7.33 million units of Wii hardware to its distributors or retail customers worldwide, increasing total life-to-date shipments to 13.17 million.
For the second time in six months, Nintendo increased projected worldwide unit shipments of its Wii home video game system, to a fiscal year total of 17.5 million systems by March 31, 2008. Original fiscal year estimates of 14 million systems were previously increased to 16.5 million on July 25, 2007. Projected shipments of Wii software were also raised from the July 25 estimate of 72 million units to 97 million units.
The company also boosted fiscal year unit forecasts for the portable Nintendo DS. Estimated global Nintendo DS hardware units rose from the July 25th 26 million-unit forecast to 28 million units, with software units increasing from 140 million to 165 million. Lifetime worldwide shipments of Nintendo DS hardware have now reached 53.6 million.
Also, based on previous revisions announced July 25, 2007, Nintendo again raised full year financial forecasts as listed:
| Sales |
+10% |
| Operational Profit |
+13% |
| Recurring Profit |
+12% |
| Net Profit |
+12% |
Finally, the expected annual dividend was raised from the previous ¥960/share to ¥1090/share.
|