Not yet a member?Join now!|Lost password
Nintendo Co. Ltd.
Nintendo Co. Ltd.
01/30/2013 | Press release
Notice of Full-Year Financial Forecast Modifications (PDF: 207KB)
distributed by noodls on 01/30/2013 02:30
Nintendo Co., Ltd.
Nintendo Co., Ltd.
11-1 Kamitoba Hokotate-cho, Minami-ku, Kyoto 601-8501
Japan
January 30, 2013
Notice of Full-Year Financial Forecast Modifications
Based on recent business performance, Nintendo Co., Ltd. (the "Company") hereby modifies its financial forecasts for the full fiscal year as set forth on October 24, 2012 as follows.
Consolidated financial forecast modifications
Financial forecast modifications for the year ending March 31, 2013 (April 1, 2012 - March 31, 2013)
million yen, %
|
Net sales |
Operating income |
Ordinary income |
Net income |
Net income per share |
|
|
Previous forecast (A) announced on October 24, 2012 |
810,000 |
20,000 |
10,000 |
6,000 |
46.92 |
|
Modified forecast (B) |
670,000 |
(20,000) |
20,000 |
14,000 |
109.48 |
|
Increase (Decrease) (B)-(A) |
(140,000) |
(40,000) |
10,000 |
8,000 |
|
|
Increase (Decrease) in percentage |
(17.3) |
- |
100.0 |
133.3 |
|
|
Year ended March 31, 2012 |
647,652 |
(37,320) |
(60,863) |
(43,204) |
(337.86) |
Reasons for modifications
The earnings forecast has been modified to reflect a lower-than-expected sales outlook based on the sales performance in the year-end sales season and afterward.
Also, exchange rate assumptions have been revised from 80 yen to 90 yen per U.S. dollar, and from 100 yen to 120 yen per euro, in consideration of the trend of the recent exchange rate situation.
Please refer to "Consolidated Financial Highlights" released today on page 7 for the revised sales units forecast for the year ending March 31, 2013.
※Note with respect to financial forecast
Forecasts announced by the "Company" referred to the above were prepared based on management's assumptions with information available at this time and therefore involve known and unknown risks and uncertainties. Please note such risks and uncertainties may cause the actual results to be materially different from the forecasts (earnings forecast and other forecasts).
In addition, the number of outstanding shares used for calculating "Net income per share" is the estimated average number of outstanding shares for the fiscal year.
