Nintendo below estimates due to weak sales and 3DS Wii U (Wii U, 3DS)

"Satoru Iwata will also take on the role of CEO of Nintendo of America in a new strategy for the company which provides greater centralization. "

Nintendo unveiled financial results below estimates of 50% due to sales of Wii U and 3DS is not aligned with the predictions. The profits for the fiscal year that ended on March 31, amounted to 7.1 billion yen (55 million euro). It is a given vaguely encouraging but, as mentioned, considerably lower than estimated.

The figure is even better than that recorded in the previous fiscal year, when Nintendo showed losses of 43.2 billion yen ($ 334 illion euro) due to the efforts made for the launch of Wii U in terms of research and promotion. The turnover, then, has decreased by 1.9 percentage points over the previous year, reaching 635.4 billion yen, or just under € 5 billion.

Nintendo admits that sales below expectations hardware Wii U have had a negative impact on these financial results. Said it had sold a total of 3.45 million units of the new home console since its launch on 31 March 2013. It is a figure less than the previous estimate of 4 million units, in turn magazine from the initial estimate of 5.5 million units.

It has sold 3 million units of Wii U in 2012, which is equivalent to say that in these first three months of 2013, Nintendo has sold only 450,000 units of its new console. Sales of software for Wii U amounted to 13.42 million pieces, against the initial estimate of 16 million copies of games for Wii U sold in the period under analysis.

3DS sales also were lower than expected. During the fiscal year, Nintendo has sold 13.95 million units of its handheld console, but planned to sell 15 million units. He also sold 49.61 million games for 3DS. Sales 'lifetime' of the handheld console amounted to 31.09 million units, while for the software, overall, have been sold 95.03 million games for 3DS.

For the current fiscal year, Nintendo expects a turnover of 920 billion yen (7.1 billion euro) and profits of 55 billion yen (425 million euro). Plans to sell during the period 9 million Wii U and 38 million copies of games.

Nintendo does then you know that this summer will become CEO Satoru Iwata, Nintendo of America, in a new strategy of centralization for Nintendo. This position was held until now byTatsumi Kimishima, which instead will be transferred to the headquarters of Nintendo, in Kyoto.

Kimishima detect the activities that belong to the moment at Yoshihiro Mori and Masaharu Matsumoto, both on the verge of retirement. Reggie Fils-Aime will continue in his role as president and COO of Nintendo of America, referring directly to Iwata.