Friday, October 28, 2011

Nintendo Financial Briefing Details

- Once again, Kid Icarus coming to Japan between January-March
- Possible Pokemon game coming, could be in the spring
- First 10 months in Japan have 8 of top 20 Nintendo titles vs. 13 last year
- USA: first 3 weeks in October has Wii hardware sales up year-over-year
- USA: 3DS/DS sales trending in-line with DS last year
- Nintendo wants to obtain bigger sales year-over-year by the end of 2011
- Satoru Iwata elieves Christmas sales will be up year-over-year for Nintendo
- USA/Japan: 3DS purchase rate is higher than the DS last year
- USA: Active users in October vs. March hasn’t changed for Wii/DS/3DS
- Improved profits driven by lower cost and continued momentum in 2012
- Nintendo hopes to accelerate digital offerings
- Iwata implied a launch date for Wii U later than June 2012 (makes sense since Nintendo will show the console at the show)
- USA: StreetPass opportunities are small; need to get a group together and they’ll have positive views of the feature
- Nintendo’s priority in 2011 is 3DS hardware sales, profitability sacrificed, want to grow 3DS into a core platform
- Big improvement in 3DS profitability next year; targeting 16 million units; conservative goal, not aggressive
- Lack of 3DS software won’t happen again
- Nintendo will collaborate more with external developers since they can’t do everything internally; external companies better at network service
- Nintendo still interested in expanding the gaming population
- Iwata: Industry will shrink is audience doesn’t expand
- Children are asking for the 3DS more for Christmas
- This is why Nintendo is more confident about 3DS sales
- There is a plan in place to enhance the 3DS line-up internationally, aand this will be one of the drivers for improved profits in 2012