Nintendo Treads Water For 2016; Amiibo and Splatoon Keep It Floating

Nintendo Treads Water For 2016; Amiibo and Splatoon Keep It Floating

Nintendo's still in the black this year, with sales and profits down.

Nintendo has released its annual report for the fiscal year ended on March 31, 2016 and while the news isn't amazing, it's good for the company. Most of the information was reflected on the fiscal report released in April, with Nintendo staying in the black again this year, with 504 billion yen ($4.46 billion) in sales and 16 billion yen ($146 million) in profit.

The sales and profit numbers are slightly down from the previous fiscal year, which saw 549 billion yen ($4.58 billion) in revenue and 41 billion yen ($494 million) in profit. Part of that loss in income is due to a stronger Japanese yen, with Nintendo estimating the exchange rate loss around 18.3 billion yen ($161 million). Of the 504 million yen in net sales, $368 billion ($3.26 billion, 73 percent) came from overseas, which presents an issue with strong yen.

Splatoon was one of the big winners for Nintendo this year, selling 4.27 million units worldwide. Likewise, Super Mario Maker sold 3.52 million units, putting Nintendo's best-sellers for the year both on the flagging Wii U. Sales numbers for The Legend of Zelda: Twilight Princess HD weren't given; the company says the game is off to a "good start", but it hasn't broken the 1.72 million units needed to chart on Nintendo's Top-Selling Software for Wii U list alongside The Wind Waker HD. Global sales of the platform reached 3.26 million units, with software sales coming in at 27.36 million units.

Despite the Wii U played host to Nintendo's best-sellers for fiscal year 2016, the 3DS remained the overall king. Animal Crossing: Happy Home Designer and Pokemon Super Mystery Dungeon sold 3.04 million and 1.22 million units respectively, but the overall sales of the platform more than made up for the lack of marquee titles this year. The 3DS sold 6.79 million systems and 48.52 million software units for the year, standing at an almost 2:1 ratio against the Wii U in hardware and software.

Amiibo also continues to be a rousing success for Nintendo. Figure Amiibo sold 24.7 million units, while card-type Amiibo sold 28.9 million units.

Nintendo looks poised to move forward in the next two fiscal years. The company reiterated its commitment to launch the upcoming Nintendo NX in March 2017, which would put that system's release at the tail end of fiscal year 2017. Miitomo launched at the end of this fiscal year and was a solid start for Nintendo's mobile plans. The Legend of Zelda: Breath of the Wild is planned for release in 2017 on the Nintendo Wii U and NX platforms. In general, Nintendo is just looking to the NX and mobile in the future as the Wii U and 3DS are winding down.

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Mike Williams

Reviews Editor

M.H. Williams is new to the journalism game, but he's been a gamer since the NES first graced American shores. Third-person action-adventure games are his personal poison: Uncharted, Infamous, and Assassin's Creed just to name a few. If you see him around a convention, he's not hard to spot: Black guy, glasses, and a tie.

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