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THine Electronics: (Correction/Numerical Data Correction) Partial Corrections to the “Financial Results Report for the 1st Quarter Ending December 2024 [Japanese GAAP] (Consolidated)”
THine Electronics: Confirmation
THine Electronics: Quarterly Report - 33rd Quarter 1 (2024/01/01 - 2024/03/31)
Nintendo's 24/3 operating profit increased 4.9% to 528.9 billion yen, 25/3 forecast decreased 24.4% to 400 billion yen
The financial results for the fiscal year ending 2024/3 announced by Nintendo <7974> were sales of 1.671,865 billion yen, up 4.4% from the previous fiscal year, and operating profit of 528.941 billion yen, up 4.9% from the same period. As for the financial results for the fiscal year ending 2025/3, we plan that sales will decrease 19.3% from the previous fiscal year to 1.35 trillion yen, and operating profit will decrease 24.4% to 400 billion yen. Sales related to the main engine “Nintendo Switch,” which has reached its 8th year of sale, will slow down. It falls below consensus (about 490 billion yen). [Positive Assessment] <61
THine Electronics: Financial results presentation for the 1st quarter of the fiscal year ending 2024/12
THine Electronics: Summary of Financial Results for the 1st Quarter of the Fiscal Year Ending 2024/12 [Japanese GAAP] (Consolidated)
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