Relatively solid Wii U sales and a weak yen have helped Nintendo break back into the black.
Nintendo made an operating profit of $207.8 million and a net profit of about $350 million for the fiscal year that ended on March 31. The company generated sales of $4.61 billion.
Sales, on the whole, were down 3.8 percent, year over year, but the Wii U and its games were up, Nintendo reported. The company, during its last fiscal year, sold 3.38 million Wii U units and 24.4 million Wii U games, up from 2.7 million consoles and 19 million software units from the previous year.
While Wii U hardware sales were up, the almost 3.4 million units sold were still just shy of what was expected of the console after the release of Mario Kart 8 Wii U.
The 3DS family, Nintendo's rock, sold a solid 8.73 million units, although it was down from 12.2 million year over year. The 3DS has now registered 52 million units in software sales over its entire life.
With 75.4 percent of sales taking place abroad, Nintendo's finances were helped by a strong dollar and weak yen.
"As a result of foreign exchange gains totaling 34.0 billion yen due to depreciation of the yen against the U.S. dollar at the end of the period compared to the exchange rate at the end of the previous fiscal year, ordinary income was 70.5 billion yen and net income was 41.8 billion yen," stated Nintendo in the report.
In detailing its finances for the past 12 months, Nintendo also revealed some interesting details about its plans for the current fiscal year.
There has been some thought that Nintendo could move onto new ventures, such as the launch of a new console and the delivery of new experiences on mobile devices. However, Nintendo indicated that it still plans to push for expansion with new games and more downloadable content (DLC).
"For Nintendo 3DS and Wii U, in addition to maintaining the performance of already-released titles with strong sales potential, new titles will continue to be introduced in order to further expand the installed bases," Nintendo stated. "Specifically, by sequentially introducing additional download content for blockbuster titles such as Mario Kart 8 and Super Smash Bros. for Nintendo 3DS/Wii U, we aim to keep these titles played more actively."
