Nintendo’s third-quarter financial results are in, and things weren’t looking too great. This didn’t come as a surprise at all, and generally Nintendo has been doing really well lately and stock prices have been going up in value. Let’s get all of the boring numbers stuff out of the way. Net profit between October and December 2015 was 29.1 billion yen, a significant drop from the the 45.2 billion yen Nintendo posted in the same quarter last year. Revenue and operating profits matched up closely with analysts’ expectations, coming in at 221.5 billion yen and 33.5 billion yen respectively.
What does this all mean? It means that there weren’t any huge releases this holiday season. Star Fox Zero was delayed, there was no new Mario game for the Wii U, and the 3DS lacked the boost that it enjoyed last year with the release of Pokemon Omega Ruby and Alpha Sapphire. The anemic earnings are to be expected but Kimishima is shooting to quadruple earnings this year, remember. This year we’ll hear all about what Nintendo has planned for the NX, and its first mobile app “Miitomo” is close at hand. It’ll be interesting to see if and how Nintendo bounces back to close out its financial year, and kick off the next.
Souce: Nintendo Insider