trending Market Intelligence /marketintelligence/en/news-insights/trending/bfZQZ1zn4iDLUMbZ8JZ7_w2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Nintendo fiscal Q4 loss narrows YOY

OTT Helps To Offset Pay TV Losses for Video Security Vendors

5G Survey: Despite COVID-19 delays, operator roadmaps still lead to 5G

Machine Learning and Credit Risk Modelling

COVID-19 reduces U.S. residential smart meter shipments over the short term but long term still looks positive


Nintendo fiscal Q4 loss narrows YOY

Nintendo Co. Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 came to a loss of ¥143.11 per share, compared with a loss of ¥252.92 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of ¥16.94 billion, compared with a loss of ¥30.95 billion in the year-earlier period.

The normalized profit margin rose to negative 15.9% from negative 42.6% in the year-earlier period.

Total revenue grew 47.2% year over year to ¥106.86 billion from ¥72.61 billion, and total operating expenses declined from the prior-year period to ¥113.69 billion from ¥117.45 billion.

Reported net income came to a loss of ¥17.67 billion, or a loss of ¥149.29 per share, compared with a loss of ¥33.42 billion, or a loss of ¥273.11 per share, in the prior-year period.

For the year, the company's normalized net income totaled ¥344.60 per share, compared to EPS of ¥29.92 in the prior year.

Normalized net income was ¥40.79 billion, a rise of 977.9% from ¥3.78 billion in the prior year.

Full-year total revenue decreased from the prior-year period to ¥549.78 billion from ¥571.73 billion, and total operating expenses decreased on an annual basis to ¥525.01 billion from ¥618.15 billion.

The company said reported net income came to ¥41.84 billion, or ¥353.48 per share, in the full year, compared with a loss of ¥23.22 billion, or a loss of ¥183.58 per share, the prior year.

As of June 29, US$1 was equivalent to ¥122.67.