Nintendo turns a profit for the first time since 2011

Fans of (and investors in) Nintendo got some good news yesterday as the company reported its financials for the year ending March 31st, 2015. For the first time since 2011 the company made a profit, though that good news is tempered somewhat by the fact that it was due more to a favorable exchange rate than an upswing in sales.

Still, this is before Nintendo starts pulling in revenue from mobile sales that should result from its partnership with DeNA

In terms of actual numbers, we're talking about a $207 million profit based off of $4.6 billion in revenue. The company sold 3.38 million Wii U game consoles and 8.73 million 3DS handhelds. In both cases numbers didn't meet forecasts: Nintendo had hoped to sell 3.6 million Wii U consoles and 9 million 3DS handhelds. In particular the introduction of the New 3DS didn't seem to move the needle as much as they'd hoped.

You can get all the gritty details from the Consolidated Financial Statements (pdf).

So the question now is, was this year an aberration due only to a favorable exchange rate, or is Nintendo back? What does it have planned for the future?

As mentioned, Nintendo has now partnered with DeNA to start bringing their games to mobile devices. That could potentially result in a healthy new revenue stream.

Their Amiibo figures seem to be doing well based (and granted this is anecdotal) on all the fuss that is made when fans can't find the figure they want in stores.

Nintendo has partnered with Universal Parks & Resorts to bring the Nintendo family of characters and worlds to life in the form of dedicated theme park attractions.

Lastly, they've already begun talking about their next console, code-named NX, in the vaguest of terms. Some have speculated that NX will launch as an additional platform rather than as a replacement for the Wii U. It's possible we'll learn more at this year's E3 in June though that is by no means a sure thing.

To end on a more fun note, here's the Nintendo Direct from yesterday. It focuses on upcoming Wii U game Splatoon, and Nintendo is running a beta for that game this weekend in case you want to check it out.

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