|Year ended March 31, 2015||Year ended March 31, 2016||Comparison|
|Net Sales||549.7 billion yen||504.4 billion yen||-8.2 %|
|Gross Profit||214.5 billion yen||220.9 billion yen||3.0 %|
|(Gross Profit Ratio)||(39.0 %)||(43.8 %)|
|Operating Income||24.7 billion yen||32.8 billion yen||32.7 %|
|(Operating Income Ratio)||(4.5 %)||(6.5 %)|
|Ordinary Income||70.5 billion yen||28.7 billion yen||-59.2 %|
|(Ordinary Income Ratio)||(12.8 %)||(5.7 %)|
|Profit Attributable to
Owners of Parent
|41.8 billion yen||16.5 billion yen||-60.6 %|
|(Profit Attributable to
Owners of Parent Ratio)
|(7.6 %)||(3.3 %)|
For Wii U, Splatoon and Super Mario Maker, which were released during this period, became blockbusters and contributed to energizing the Wii U platform. In addition, The Legend of Zelda: Twilight Princess HD, which was released globally in March, got off to a good start. The Wii U hardware unit sales were around the same level as the prior fiscal year whereas Wii U software sales units were up compared to the prior fiscal year.
With respect to Nintendo 3DS, Animal Crossing: Happy Home Designer and Pokémon Super Mystery Dungeon, which were released this period, performed strongly. However, compared to the prior fiscal year, which enjoyed releases of huge hit titles such as Pokémon Omega Ruby/Pokémon Alpha Sapphire and Super Smash Bros. for Nintendo 3DS, sales units of the Nintendo 3DS software and hardware were down in all regions.
As a result, net sales were down compared to the prior fiscal year despite increases in the sales of amiibo, and an increase in download sales, including additional download content for the Nintendo 3DS and Wii U software titles.
As a result of an increase in gross profit by 6.3 billion yen and efforts made to balance revenue and expenses, operating income was 32.8 billion yen.
Even though operating income increased by 8.1 billion yen compared to the prior fiscal year, mainly due to foreign exchange losses totaling 18.3 billion yen, ordinary income was 28.7 billion yen.
B. The annual dividend per share for the fiscal year ended March 31, 2016
Based on our dividend policy, the annual dividend per share for the fiscal year ended March 31, 2016 is calculated to be 100 yen. However, on the basis of our dividends paid in the last few years and improvements in balancing revenue and expenses, we will maintain our initial dividend forecast and will pay 150 yen as the annual dividend per share for this fiscal year.
Consolidated earnings forecasts for the fiscal year ending March 31, 2017 are as follows:
|Net Sales||500.0 billion yen|
|Operating Income||45.0 billion yen|
|Ordinary Income||45.0 billion yen|
|Profit Attributable to Owners of Parent||35.0 billion yen|
The foreign exchange rate assumptions are 110 yen per U.S. dollar, and 125 yen per euro.
Forecasted unit sales for the fiscal year ending March 31, 2017 are as follows:
|Nintendo 3DS Hardware||5.0 million units|
|Nintendo 3DS Software||55.0 million units|
|Wii U Hardware||0.8 million units|
|Wii U Software||15.0 million units|
Forecasts referred to above are based upon management's assumptions with information available at the time the announcement was made and, therefore, involve known and unknown risks and uncertainties. Please note that such risks and uncertainties may cause actual results to be materially different from the forecasts (earnings forecast, dividend forecast and other forecasts).