Nintendo Profits Fall 60% In 12 Months


Nintendo recently published its latest fiscal results and things aren’t looking that great. Revenue during the 12 month period fell by 8.2% to ¥504.5 billion ($4.5 billion) while profits fell by 60% to ¥16.5 billion ($149 million).

The company reported 3DS and Wii U hardware sales of 6.79 million units and 3.26 million units respectively. 48.52 million 3DS games were sold while 27.36 million Wii U games were sold.

The company plans to sell 800,000 Wii U systems in the next fiscal year. It was also announced that the NX will be released in March 2017. The BBC is also reporting that Wii U production may cease in 2018.

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