Dear Reader:

You are viewing a story from GN Version 5.0. Time may not have been kind to formatting, integrity of links, images, information, etc.

What to expect for Nintendo's Fiscal Year Earnings Release

by rawmeatcowboy
24 April 2018
GN Version 5.0

Nintendo's Fiscal Year Earnings Release will go live on April 26th, 2018. It's been an absolutely fantastic fiscal year for Nintendo, but what should we expect specifically? The Wall Street Journal listed the following tidbits.

- analysts expect Nintendo to report revenue of ¥1.04 trillion ($9.57 billion), more than twice the year-earlier ¥498.1 billion
- the median operating-profit forecast of 18 analysts polled is ¥166.9 billion, more than five times the year-earlier ¥29.4 billion
- net profit is expected to hit ¥132 billion, up from ¥102.6 billion
- Nintendo is likely to announce that Switch exceeded sales expectations, with sales of around 16 million
- Nintendo plans to announce its initial Switch sales forecast for the current fiscal year, ending in March 2019
- Mr. Kimishima is likely to comment on Nintendo Labo’s sales momentum
- there could be unannounced mobile titles

[Link]