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Earnings Calls

Last Earnings Call

Fiscal Period
Q3 2011
Call Date
Jan 28, 2011
AI Summary
Q3 2011

Year-end rebound: Nintendo said Wii sales rebounded sharply in the 2010 holiday season after a weak start to the year, helped by the red Wii hardware and a holiday campaign.

Regional mix: Japan, the U.S. and Europe all showed different demand patterns, but Nintendo emphasized that its platforms still held strong positions overall even where yearly sales declined.

Software strength: Nintendo highlighted long-selling software on Wii and DS, while also pointing to major third-party hits like Just Dance and Monster Hunter as important market movers.

3DS launch: Management said the Nintendo 3DS launch was approaching and outlined key online features, including Nintendo eShop, StreetPass, SpotPass and system updates.

2011 lineup: Nintendo previewed a broad slate of upcoming games across Wii, DS and 3DS, including Pokémon titles, Zelda: Skyward Sword, Kirby and Rhythm Paradise.

Market philosophy: Iwata argued that Nintendo should be judged not only by year-over-year comparisons, but also by its overall presence in the game market and its ability to expand the audience.

Key Financials
Wii sales in Japan
less than half of 2009 levels
Japan home console market
down more than 20%
Japan home console software sales
down more than 10%
Japan handheld platform sales
approximately 20% declines
Pokémon Black and White
5 million units
U.S. Wii sales in December 2010
more than 2.35 million units
U.S. Wii sales in 3 years
more than 7 million units
U.S. Nintendo DS sales in December 2010
2.5 million units
U.S. Nintendo DS market share
84%
Europe Wii market share
best-selling home console hardware
Europe Xbox 360 market share
up 4%
Europe Sony market share
up 1%
Wii Party global sales
more than 5 million units
Art Academy global sales
more than 1.5 million units
Nintendo DS million-seller titles
51 first-party titles; 84 third-party titles
Wii million-seller titles
29 first-party titles; 70 third-party titles

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