While Nintendo tried to temper expectations and the impact of augmented reality game Pokémon Go ahead of its financial results, its latest quarterly earnings still make for surprisingly bad reading. Compared to the same quarter last year, Nintendo saw net sales drop 31 percent from ¥90 billion (£651 million, $853 million) to ¥62 billion (£448 million, $587 million) with an operating loss of ¥5.1 billion (£37 million, $48 million).

While the company blames “foreign exchange rates” and “significant yen appreciation” for the loss, the reality is that hardware and software were down across the board, and software growth has been minimal. Nintendo sold 220,000 Wii U consoles, a 53 percent decrease year-on-year, bringing the total number of consoles sold to just over 13 million. Wii U software sales rose a mere three percent to 4.7 million units.

Meanwhile, 3DS hardware sales dropped seven percent to 940,000 units, but software fared a little better, rising seven percent to 8.5 million units off the back of games like Kirby: Planet Robobot and Fire Emblem Fates: Birthright/Conquest. Even Amiibo sales, which have been a bright spot for the company of late, remained flat due to “a lack of new titles that are compatible with Amiibo.” Sales of downloadable games and content were also down year-on-year.