Dear Reader:
Analysts discuss what they expect from Nintendo's upcoming fiscal 2016 earnings report
- Analysts expect a net profit of 94.4 billion Yen ($865.6 million) for the 12 months ended March 31
- this is more than five times the year-earlier 16.5 billion Yen
- analysts forecast revenue of 477.6 billion Yen, down from 504.5 billion Yen
- analysts expect Switch sales to be 2.3 million to 2.5 million, above Nintendo's initial target
- Nintendo will also give a sales target for the current fiscal year
- Nintendo's sales target may be conservative to reduce risk of a later guidance downgrade
- Nintendo will also announce how many copies of Switch software it expects to sell this fiscal year.
- analysts say 20 million copies, including titles by outside developers
- anything beyond 25 million a would be a positive surprise
- analysts will be looking to hear how much revenue Fire Emblem Heroes has brought in
- analysts may also expect to hear something on a NES Classic Edition follow-up, but that's pure speculation