The president of Nintendo, Tatsumi Kimishima, appealed to vague hints to assure investors that it was worth waiting for the debut of the company in video games for mobile devices in March, despite that a collapse of 36 percent in quarterly profit highlighted a downward spiral in sales of Wii U and 3DS.
Nintendo said it will launch the Miitomo, his game for mobile devices, month has, as anticipated, and prepare everything for the further transformation of the company since the seventies.
Work on a new named console key is NX continues to progress and the company is even considering possibilities in virtual reality, though so far no concrete plans, Kimishima said Tuesday at a briefing in Osaka.
Nintendo added up to 12,000 million dollars in market value after the revelation of his strategy to make smartphones almost a year, but he lost much of the gains to postpone the premiere in October. Tuesday, Kimishima gave few details to shed light on the strategic move of the company in years.
“I saw no mention of other games to be launched in the near future or details about its NX platform” Amir wrote Anvarzadeh, sales manager of Japanese equities at BGC Partners in Singapore in a note published Tuesday. “We hope to follow up their actions by what we believe to be unfounded hopes that its mobile games will come to the rescue of the company and its hybrid device NX recover the division of consoles.”
guessing
Nintendo reported net income of 29,100 million yen (241 million dollars) in the three months to December after a decline of 2.1 percent in sales of the Wii U console and a collapse of 28 percent in the 3DS portable.
However, investors are in tune with the imminent incursion smartphones.
Nintendo shares rose 33 percent last year, fueled by the announcement in March that the company planned to develop titles for mobile devices manufactured by other companies.
The shares rose 2.5 percent this year, before the earnings release after the close of trading on Tuesday.
The Kyoto-based company joined DeNA , operator of the Mobage network, to create games and operate new services to members at the end immediately- if not properly include based on the cast of characters with plumbers, princesses Nintendo gorillas and applications. The company was criticized last year by marginalizing its iconic franchises, Mario and Zelda, when he revealed that his first game for smartphones is an app free messaging.
“It is paying close attention to the release of Miitomo in March and reveal what about the strategy of the company, “said Tomoaki Kawasaki, an analyst at Iwai Cosmo Securities, before the earnings were announced. “Nintendo needs it or do a new engine of growth.”
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