Nintendo Lowers 2016 financial forecast

[Mnementh]

ZhugeEX said:

There are 2 key points as to why both revenue and profit guidance has been revised down.

1. Exchange Rate for Japanese Yen
2. Lower than expected 3DS Hardware and Software sales

The R&D costs were always factored in to the guidance and they won't have suddenly increased spending this year for no reason.

What is of note though is that they expect Wii U software sell in to be slightly higher, I imagine this is due to the continued success of Splatoon & Super Mario Maker as well as the release of Nintendo Selects titles.

zippy said:
Transitional period for Nintendo results in low financial forecast...well knock me down with a feather.

What you're failing to mention is that this is a revised forecast from Nintendo themselves. They were actually expecting to do better this year but ultimately have had to revise their forecast down due to the reasons above.

 Thanks for this post and I fully agree with all your points.