Nintendo Australia’s revenue down as Wii winds down

Revenue is down for Nintendo and they've made a loss compared to last year.

Advertisement

Not so good news for Nintendo Australia today with its financial results from the last year being revealed. According to a report by Delimiter, Nintendo’s financial results from the past financial year were down when compared to the last years results.

For the last financial year (to March 31st 2011) Nintendo made $339.7 million in revenue, this year it’s just $200.1 million.  That’s a drop of 41%.  To keep this all in perspective Nintendo only made $71 million in revenue in 2006 before the Wii and Nintendo DS really took off.

Profits were down too with a loss of $11.4 million reported compared to a profit of $3.6 million last year. Marketing was slashed by almost 50% however this time around, some saving there.

While this all seems kind of dire we must remember that Nintendo’s only been half firing for a couple of years now. The Wii has slowed right down and the Nintendo 3DS is only just taking off with the Nintendo DS much less profitable as years gone by.

Nintendo Australia should fair better the next financial year once the Wii U gets released later this year.

Daniel Vuckovic

The Owner and Creator of this fair website. I also do news, reviews, programming, art and social media here. It is named after me after all. Please understand.

Share
Published by
Daniel Vuckovic

Recent Posts

Every game soundtrack available on Nintendo Music

From Mario to Zelda, to Splatoon to Donkey Kong. Everything on Nintendo Music.

2 days ago

Aussie Bargain Roundup: Xenoblade Chronicles X: Definitive Edition

Definitively done with the Wii U now.

2 days ago