Company Overview of Nintendo Co. Ltd.
Nintendo Co., Ltd., together with its subsidiaries, develops, manufactures, and sells entertainment products in Japan, the Americas, Europe, and internationally. It provides playing cards, Karuta, and other products; handheld and home console hardware machines and related software; and home leisure equipment. The company was formerly known as Nintendo Playing Card Co., Ltd. and changed its name to Nintendo Co., Ltd. in 1963. Nintendo Co., Ltd. was founded in 1889 and is headquartered in Kyoto, Japan.
Founded in 1889
Key Executives for Nintendo Co. Ltd.
Nintendo Co. Ltd. does not have any Key Executives recorded.
Nintendo Co. Ltd. Key Developments
Nintendo Co. Announces Executive Changes
Sep 14 15
Nintendo Co. reported that Managing Director Tatsumi Kimishima will become president of the company to succeed Satoru Iwata, who died in July. After an extraordinary board meeting where the appointment was adopted, Kimishima, 65, told that he will stay on the path set by Iwata, including a capital and business tie-up with mobile game site operator DeNA Co. Newly obtaining the representative rights, Kimishima will supervise the whole company, while Miyamoto will manage the creative division and Takeda will take control of the technology division.
Nintendo Announces to Launch Two New Nintendo 3DS Systems
Aug 31 15
At the GameStop Managers Conference in Las Vegas, Nintendo announced that the New Nintendo 3DS system will launch in the U.S. as part of a special bundle on Sept. 25. The bundle includes the new hand-held system, the upcoming Animal Crossing: Happy Home Designer game, two cover plates and one amiibo card at a suggested retail price of $219.99. The more compact New Nintendo 3DS system joins New Nintendo 3DS XL, which has been available since Feb. 13. On Sept. 25 the New Nintendo 3DS system will launch in the U.S. as part of a special bundle, which includes the new hand-held system, the upcoming Animal Crossing: Happy Home Designer game, two cover plates and one amiibo card. In addition, a Hyrule Edition New Nintendo 3DS XL system will launch exclusively in GameStop stores on Oct. 30 at a suggested retail price of $199.99, just in time for the launch of The Legend of Zelda: Tri Force Heroes (sold separately) on Oct. 23. The system is gold-colored and features an intricate Hylian Crest on the front. New Nintendo 3DS incorporates all the same enhanced features as the New Nintendo 3DS XL system, including a wider range of controls, face-tracking 3D and built-in NFC functionality that allows for communication with amiibo figures. The compact system also features interchangeable cover plates that can be easily swapped out to change the look of the device. Two cover plates inspired by Animal Crossing: Happy Home Designer are included in the bundle. Various amiibo cards launch with the Animal Crossing: Happy Home Designer game on Sept. 25. Tapping compatible amiibo cards while playing Animal Crossing: Happy Home Designer is a way to meet favorite Animal Crossing characters with their separate personalities and design requests in the game. People who own the Nintendo 3DS, Nintendo 3DS XL or Nintendo 2DS systems can still use the cards to enjoy Animal Crossing: Happy Home Designer by purchasing the Nintendo 3DS NFC Reader/Writer accessory at a suggested retail price of $19.99. The wireless accessory also launches on Sept. 25 and allows players to enjoy amiibo figures and cards on all other systems in the Nintendo 3DS family. Joining previously released Wii Remote Plus controllers themed after Mario, Luigi and Princess Peach, three new controllers inspired by Bowser, Toad and Yoshi will launch exclusively at GameStop at a suggested retail price of $39.99 each. The Bowser and Toad controllers will launch alongside the Super Mario Maker game for the Wii U console on the 11th of September, while the Yoshi version will hop on the back of the Yoshi's Woolly World launch on Oct. 16. Wii Remote Plus includes Wii MotionPlus technology, and works with all Wii and Wii U games that are compatible with Wii Remote controllers.
Nintendo Co. Ltd. Announces Earnings and Operating Results for the First Quarter Ended June 30, 2015; Provides Earnings and Operating Guidance for the Year Ending March 31, 2016
Jul 29 15
Nintendo Co. Ltd. announced earnings and operating results for the first quarter ended June 2015. The company posted an ¥8.28 billion ($67 million) profit for the fiscal first quarter, helped by better sales and a cheap yen, but did not announce a new president to lead the company after the death this month of Satoru Iwata. The company had reported a ¥9.9 billion loss for the first quarter of the previous fiscal year. The company reported profit attributable to owners of the parent for the first quarter ended June 30, 2015 was JPY 8.28 billion, or JPY 68.97 per share, compared to a loss attributable to owners of the parent of JPY 9.92 billion, or JPY 83.84 loss per share, for the same quarter ended June 30, 2014. Net sales for the first quarter ended June 30, 2015 were JPY 90.22 billion, compared to JPY74.69 billion for the same quarter ended June 30, 2014. Operating income for the first quarter ended June 30, 2015 was JPY 1.15 billion, compared to an operating loss of JPY 9.47 billion for the same quarter ended June 30, 2014. Ordinary income for the first quarter ended June 30, 2015 was JPY14.29 billion, compared to an ordinary loss of JPY 9.96 billion for the same quarter ended June 30, 2014.
The company sold 470,000 Wii U machines for the April-June period of 2015, down from 510,000 the same quarter the previous year.
The company expects to sell 3.4 million Wii U machines for the year through March 2016.
For the fiscal year ending March 31, 2016, the company expects profit attributable to owners of the parent to be JPY35 billion. The company expects net sales to be JPY570 billion; operating income is expected to be JPY50 billion and ordinary income is expected to be JPY55 billion.
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|DeNA Co., Ltd.