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Iwata: Nintendo will provide people with fascinating games and services by March 2014

How Nintendo plans to return to making a profit

Satoru Iwata has said that Nintendo's fascinating games and services will help the company regain profits by March 2014.

In his president's message in Nintendo's Annual Report, Iwata wrote: "Nintendo posted an operating loss for the fiscal year ended March 31, 2013. However, we strive to regain "Nintendo-like" profits for the fiscal year ending March 31, 2014 by providing many people with fascinating games and services.

"We continue to make brand-new and unique proposals, and make efforts for the growth of the home entertainment industry with a mission that is to pleasantly surprise people and put smiles on the faces of everyone Nintendo touches."

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He will be hoping that big games such as Pokemon X and Y, Super Mario 3D World and The Legend Of Zelda: Wind Waker Wii U will help Nintendo achieve its goals by the end of the financial year. Well, they'll certainly put smiles on people's faces...

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  1. TheImprobableOne Tuesday 6th Aug 2013 at 10:12

    While several of these games are going to be the reason I buy a Wii U, and the effects of a new Mario Kart on a new platform were documented last year with the 3DS, Nintendo have left the majority of these two late. Mario Kart 8 should have been due out shortly after the Wii U, instead of over a year after it, as should Super Mario 3D World and Wind Waker HD. The same formula is being used here as was used for the 3DS, with a new Mario, a new Mario Kart and a remake of a popular Zelda on the horizon, but considering how Nintendo had a lead on Sony and Microsoft's next consoles that they've now squandered most of, they should have been rushing to get these games out as fast as possible.

    That being said, games which were made to wait for by Nintendo do turn out to be good quality, so maybe I should be a bit more optimistic about this than I currently am.

  2. David Tims Tuesday 6th Aug 2013 at 10:24

    While several of these games are going to be the reason I buy a Wii U, and the effects of a new Mario Kart on a new platform were documented last year with the 3DS, Nintendo have left the majority of these two late. Mario Kart 8 should have been due out shortly after the Wii U, instead of over a year after it, as should Super Mario 3D World and Wind Waker HD. The same formula is being used here as was used for the 3DS, with a new Mario, a new Mario Kart and a remake of a popular Zelda on the horizon, but considering how Nintendo had a lead on Sony and Microsoft's next consoles that they've now squandered most of, they should have been rushing to get these games out as fast as possible.

    That being said, games which were made to wait for by Nintendo do turn out to be good quality, so maybe I should be a bit more optimistic about this than I currently am.

    We should all worry less about Nintendo's financials and more about hyping the upcoming games and enjoying ones already available. *bop*

  3. gamebox2d Tuesday 6th Aug 2013 at 10:30

    In the same way people port PC to PS3 etc. couldn't programmers work on a major release while the console's in development, then port it across to the final machine? Every modern launch these days seems to be missing must-have (buy a new console) games. WHY?

  4. lrwr14 Tuesday 6th Aug 2013 at 10:30

    Will we be getting the TVii service? Still waiting on that.

  5. Tgamer Tuesday 6th Aug 2013 at 10:32

    Nintendo must tell the public more about wii party u because it's awesome!

  6. rayboi Tuesday 6th Aug 2013 at 11:43

    I think Nintendo will be fine. As soon as some the games they showed at E3 begin to be released I think the Wii U will see a big turn around in sales. This is a bit like the 3DS situation when it released and look how that turned out.

  7. rachaeln Tuesday 6th Aug 2013 at 12:04

    i'm very much looking forward to new games to play on my wii u but I am kinda siding with the majority on Nintendo squandering the lead they had releasing the wii u first.

    I regret buying it on release because of two main reasons
    1. I've had 2 retail games on it for about the last 6 months (a console might have the potential to rule the market but without games to back it up it's worthless)
    2. even though there's been no official price drop i'm sure you can get it cheaper than it was on release.

    once the big hitters (Mario kart i'm looking at you ) are released no doubt sales will go up but with more organisation (and a shed load more of advertising) the launch and following 6 months could have been so much better.

  8. C00LI098 Tuesday 6th Aug 2013 at 12:53

    There at least five Nintendo titles (three for Wii U and two for 3DS) that I'll be buying later this year, and that hasn't happened for a while. They've taken too long for this potential turnaround to happen, though. The early release of the Wii U was a waste.

  9. carnivine chaos Tuesday 6th Aug 2013 at 13:08

    Nintendo must tell the public more about wii party u because it's awesome!


    Woah, watch out guys we've got a joker in the house!

  10. Segafan134 Tuesday 6th Aug 2013 at 13:12

    Let's see what we got here a console that hasn't sold a lot of units (WiiU),a handheld that has been selling really well(3ds) and list of 1st party games; Wind Waker,Mario 3d World, Pikmin 3, Donkey Kong, Mario Kart,Pokemon and Super Smash Bros. Not to mention some decent third party games ( Batman Arkham Origins, Scribblenauts, Assassin's Creed, COD:Ghosts,Skylanders and Sonic Lost World. I think Nintendo just need to cut the current price of Wii U when most of these games come out. The 3ds had a similar problem but when Nintendo lowered the price down round about when Zelda and Mario were due to be released, the sales rose really high.. Nothing to worry about. The Wii U is not the next Virtual Boy.

  11. debris Tuesday 6th Aug 2013 at 14:03

    Nintendo direct August 7, 7 am PT!

  12. CyberGW Tuesday 6th Aug 2013 at 14:44

    I think the Wii U is definitely picking up.
    Went into a HMV today and there was a nice selection of Wii U games and accessories there, and when all the Mario, Zelda and other Nintendo franchises hit we'll finally start picking up a nice collection.
    3DS did this at the start and it's doing great now. What a console needs is great games and Nintendo are certainly going to deliver on that. Many more Christmas sales than last year because of all the better games, sales attract third party developers.
    It may take some time, but I'm pretty confident in saying the Wii U is not dead, just coming out of a coma.

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