On October 31, Beijing time, Nintendo (tyo: 7974) today released its financial results for the second quarter of fiscal 2019 as of September 30. According to the financial report, the net sales of Nintendo in the second quarter was 271.856 billion yen (about US $2.501 billion), up 23% from 220.748 billion yen in the same period of last year; the net profit attributable to the shareholders of Nintendo's parent company was 45.413 billion yen (about US $418 million), up 34% from 33.976 billion yen in the same period of last year.
Share price performance:
Nintendo closed 0.34% higher today
Nintendo opened today at 38920 yen on the Tokyo exchange. As of Thursday's close, Nintendo shares rose 130 yen, or 0.34%, to 386.2 million yen. In the past 52 weeks, Nintendo's share price has peaked at 429.6 million yen and peaked at 27.05 million yen.
Key points of second quarter performance:
--4.8 million switch game consoles were sold, with a cumulative sales volume of 41.67 million;
--Net sales were 271.856 billion yen (US $2.501 billion), up 23% from 220.748 billion yen in the same period last year;
--The gross profit margin was 47.7%, up 7.3 percentage points from 40.4% in the same period of last year;
--The operating profit was 66.794 billion yen (about 614 million US dollars), an increase of 116% compared with 30.869 billion yen in the same period of last year; the operating profit margin was 24.6%, an increase of 10.6 percentage points compared with 14.0% in the same period of last year;
--Net profit attributable to shareholders of Nintendo's parent company was 45.413 billion yen (US $418 million), up 34% from 33.976 billion yen in the same period last year.
Fy19f Outlook:
--18 million switch consoles were sold, in line with the July forecast;
--Net sales were 1.25 trillion yen ($11.5 billion), up 4.1% year-on-year, in line with the July forecast;
--Operating profit was 260 billion yen ($2.392 billion), up 4.1% year-on-year, in line with the July forecast;
--The net profit attributable to shareholders of Nintendo's parent company was 180 billion yen (US $1.656 billion), down 7.2% year-on-year, in line with expectations in July;
--Earnings per share were 1511.02 yen ($13.90), in line with July expectations. (author / Xiao Yu)