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Nintendo announced his Financial results For his third fiscal quarter, he ended on December 31, with the switch hardware sales that reaches 4.82 million units, 30.1% less than the same quarter of the previous year.
Clearly, we are beginning to obtain an Osborne situation here, where Nintendo has announced its Switch 2 game console now and Switch sales will continue to go down from here.
During the nine months ended on December 31, Nintendo has sold 9.54 million Switch hybrid consoles, 30.6% less than a year ago.
With respect to the Nintendo Switch business during the nine months ended on December 31, 2024, sales of titles published during this fiscal year constantly increased, with the Zelda legend: Echoes of Wisdom (launched in September) that record the sales of 3.91 million units to date.
Super Mario Party Jamboree (published in October) has sold 6.17 million units. In addition, Nintendo saw stable sales in titles published until the end of the previous fiscal year, with Mario Kart 8 Deluxe selling 5.38 million units (for cumulative sales of 67.35 million units).
As a result of these factors, the total number of titles of millions of vendors during this period reached 19, including the titles of other software editors. Hardware sales totaled 9.54 million units (a decrease of 30.6% year -on -year), and software sales totaled 123.98 million units (a 24.4% year -on -year decrease).
Hardware and software sales decreased compared to the same period of the last fiscal year, when sales were substantially driven by Zelda’s legend: Tears of the Kingdom (launched in May 2023) and Super Mario Bros. Wonder (launched in October 2023). Even so, sales remained stable for a platform in its eighth year.
Regarding the digital business for the dedicated video game platform, digital sales totaled 245.8 billion yen, 29.0% less year a year, mainly due to a decrease in sales of downloadable versions of Nintendo Switch of packaged software.
In the business related to the mobile and the IP, sales increased significantly in the same period of the last fiscal year, thanks to the high level of commitment of the Super Mario Bros., which was launched in April 2023. For this period, sales reached 49.7 billion yen, 33.9% year after year, due to a decrease in film related to the film.
The final result is that general sales reached 956.2 billion yen, with outward sales of 731.5 billion yen that represent 76.5% of the total, and the operational profits reached 247.5 billion yen. Interest income of 44.0 billion yen and other factors resulted in an ordinary benefit of 327.1 billion yen, and profits attributable to matrix owners of 237.1 billion yen.
Although Nintendo Switch hardware and software sales during the third quarter were below expectations, Nintendo Switch continues to be enjoyed by many people. In the future, we will continue to launch new offers so that even more consumers continue to play Nintendo Switch.
Looking at the software, Nintendo launched Donkey Kong Country returns HD in January and plans to follow up with the launch of Xenoblade Chronicles X: Definitive Edition in March. Other software editors also have plans to launch a wide variety of titles, and Nintendo will strive to vigorize the platform continuously introducing new titles in addition to existing titles.
Nintendo reviewed the financial forecast originally published on November 5, 2024, in consideration of the sales trend until nine months ended on December 31, 2024, perspectives for the rest of the fiscal year, as well as a reassessment of the assumed exchange rate . Nintendo also modified the sales forecast of the Nintendo Switch hardware and software unit for the fiscal year.
The Nintendo Switch debuted in 2017 and has generated more than 129 million current players yet, with sales in 150 million units sold to date.
Nintendo showed the Switch 2 recently in a two -minute video, and will begin to show it in public demonstrations in April.
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