Nintendo reports operating loss of 10.3 billion yen, 3DS sales double compared to year earlier

Nintendo reports an operating loss of 10.3 billion yen - roughly $132 million - during the first quarter ending June 30th of this year, it was revealed in its first quarter earnings report released today.

Comparatively, the company saw a loss of 37.7 billion yen one year earlier. This quarter's result comes despite a decrease in both selling and general and administrative expenses compared to the first quarter of the last fiscal year.

Nintendo adds due to exchange losses of 21.1 billion yen, ordinary loss was 29.7 billion yen and net loss was 17.2 billion yen.

The company highlighted its Nintendo 3DS sales more than doubled during this quarter in comparison to last year, with 1.86 million units sold compared to the earlier 710,000. However, while the profitability is on the rise, the 3DS hardware is still in the negative margin.

In addition, Wii sales dropped from last year's 1.56 million units sold to 710,000, while DS sales were down from 1.44 million in the same period earlier to 540,000 in the first quarter of this year.

During the same first quarter earnings report, the company also reiterated its plans to focus on digital downloads in order to improve the sales of the Nintendo 3DS.

Last year Nintendo announced it would make the 3DS handheld once again profitable, with plans to stop selling the system at below cost by the middle of the fiscal year ending March 31st, 2013. Today it was announced in a statement by Nintendo spokesman Yasuhiro Minagawa, as reported by Bloomberg, the 3DS will be profitable starting this month. It is unknown, however, whether this statement includes the release of the 3DS XL due to launch at the end of July.

More from Polygon

Enemy Starfighter: Homeworld from inside a fighter

  • Call of Duty: Advanced Warfare gameplay trailer

  • Diablo 3 - Xbox One vs. PC comparison

  • Hearthstone - Military Quarter gameplay video

  • Elite: Dangerous Overview video

Latest Discussions

Log In Sign Up

Log In Sign Up

Please choose a new Polygon username and password

As part of the new Polygon launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to Polygon going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new Polygon username and password

As part of the new Polygon launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to Polygon going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.



Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.