Financial Performance - For the fiscal year ended March 31, 2024, net sales reached 1,671,865 million yen, an increase of 4.4% compared to the previous year[1] - Operating profit for the same period was 528,941 million yen, reflecting a growth of 4.9% year-on-year[1] - Ordinary profit increased by 13.2% to 680,497 million yen, while profit attributable to owners of the parent rose by 13.4% to 490,602 million yen[1] - Comprehensive income for the year ended March 31, 2024, was 573,849 million yen, representing a 17.9% increase from the previous year[22] - Profit attributable to owners of the parent increased to 490,602 million yen for the year ended March 31, 2024, up from 432,768 million yen, marking a growth of approximately 13.3%[39] - Ordinary profit was reported at 497,293 million yen, which is a decrease of 21.1% from the prior fiscal year[87] Sales and Revenue - Digital sales for the dedicated video game platform amounted to 443.3 billion yen, marking a 9.4% increase year-on-year[30] - The mobile and IP-related business generated sales of 92.7 billion yen, an impressive increase of 81.6% year-on-year[30] - Net sales for the year ended March 31, 2024, increased to 1,671,865 million yen, up from 1,601,677 million yen in the previous year, representing a growth of approximately 4.4%[39] - The dedicated video game platform sales reached 1,567,824 million yen for the year ended March 31, 2024, compared to 1,544,920 million yen in the previous year, showing an increase of approximately 1.5%[52] Assets and Equity - Total assets as of March 31, 2024, increased by 297.1 billion yen to 3,151.3 billion yen, while net assets rose by 338.5 billion yen to 2,604.9 billion yen[8] - The total shareholders' equity as of March 31, 2024, was 2,401,119 million yen, an increase from 2,146,798 million yen as of March 31, 2023, representing a growth of approximately 11.8%[44] - Total assets increased to 3.151 trillion yen as of March 31, 2024, compared to 2.854 trillion yen a year earlier, representing a growth of approximately 10.4%[61] Cash Flow and Dividends - Net cash provided by operating activities for the year ended March 31, 2024, was 462,097 million yen, compared to 322,843 million yen in the previous year, indicating a significant increase of about 43.2%[46] - The company paid dividends of 236,240 million yen for the year ended March 31, 2024, slightly down from 238,700 million yen in the previous year[46] - The company forecasts a dividend of 129 yen per share for the fiscal year ending March 31, 2025, based on expected earnings[59] Operational Metrics - Hardware sales for the fiscal year totaled 15.70 million units, a decrease of 12.6% year-on-year, while software sales reached 199.67 million units, down 6.7% year-on-year[30] - Total sales units for Nintendo Switch reached 14.132 million units for the fiscal year ending March 31, 2024, a decrease from 17.97 million units in the previous year[55] - The number of employees increased to 7,724 as of March 31, 2024, from 7,317 a year prior, reflecting growth in operations[77] Future Outlook - The company forecasts net sales of 1,350,000 million yen and operating profit of 400,000 million yen for the fiscal year ending March 31, 2025[11] - The company plans to release new titles and forecasts a total of 2,286 new titles for the fiscal year ending March 31, 2025[55] - The forecast for the fiscal year ending March 31, 2025 is currently under review, with no specific guidance provided in the available data[94] Research and Development - Research and development expenses rose to 137.749 million yen for the year ended March 31, 2024, up from 110.015 million yen in the previous year, indicating a focus on innovation[77] Stock Information - The company enacted a 10-for-1 stock split effective October 1, 2022, impacting the calculation of profit per share[3] - Profit per share for the year ended March 31, 2024 was 302.37 yen, down from 415.92 yen in the previous year[87]
任天堂(NTDOY)- 2024 Q4 - Annual Results