Nintendo posts operating loss as Wii U and 3DS underperform

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The numbers for Nintendo’s previous fiscal year are rolling in, and the results could be better. Nintendo suffered an operating loss of 36.4 billion yen, or about $366 million. However, the year is not a total failure, as the console manufacturer still claimed a net income of 7 billion yen, or $71 million.

Nintendo also stated that Wii U sales are having a “negative impact on Nintendo’s profits.” Console releases often have this affect, but both the Wii U and 3DS have been falling short of expectations. It’s estimated that 3.45 million Wii U’s have been sold, in comparison to the original prediction which placed projected sales around 5.5 million.

The 3DS comes in at 13.95 million units sold during the fiscal year, bringing the overall total 31.09 million. But, even though these numbers failed to reach expectations, first-party titles like New Super Mario Bros. 2 sold rather well, pushing 6.42 million units.

Nintendo does have high hopes for the coming year, with projected net sales of 920 billion yen and an operating income of 100 billion yen. The plan is to release “key Nintendo titles from the second half of this year through next year.” Here’s hoping they succeed.

Have you bought a Wii U yet? Why or why no? Let us know in the comments below.

Source: Nintendo
Via: Polygon

Chris is an odd sort of thing from the wilds of central Pennsylvania. You can hit him up on Twitter under @chrishauge, PSN under faceless_page, or Xbox Live under teh sledge.