Nintendo’s 9-month sales drop 6% to $11.52B

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Nintendo said sales for the nine months ended December 31 fell 6% to $ 11.52 billion compared to the first nine months of 2020.

Operating profit for the first nine months of 2021 was $ 4.13 billion, down 9.2% from $ 4.55 billion the previous year. The company now predicts an operating profit of $ 4.89 billion on sales of $ 14.41 billion in its fiscal year ending March 31, 2022 (6.2% less than a year earlier).

Nintendo said the Switch OLED model got off to a good start in October. The Nintendo Switch and Nintendo Switch Lite also maintained sales momentum after the launch of the OLED model.

But a year ago, Nintendo benefited from the launch of Animal Crossing: New Horizons in March 2020 at the beginning of the epidemic. Animal Crossing has sold 37.6 million units so far, with most of the profits coming in 2020.
As a result, 2021 results are lower than a year ago.

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Look at the demand

During the first nine months of 2021, Nintendo sold 18.95 million Switch units, down 21.4% from the first nine months of 2020. Still, it was enough to surpass Nintendo Wii as the most popular console, surpassing 101 million and reaching sales of 103 million. Nintendo History.

This year, Pokemon Brilliant Diamond and Pokemon Shining Pearl sold 13.97 million copies, while Mario Party Superstars sold 5.43 million copies and The Legend of Zelda: Skyward Sword HD sold 3.85 million copies.

Other titles released in previous years, such as Mario Kart 8 Deluxe, sold well, and Animal Crossing released another 5 million copies this year.

The Switch now tops the 103 million hardware units sold and software sales have reached 179.29 million copies.

Digital sales were flat at about 2.2 billion. And mobile games generate 347.4 million.

Nintendo said it expects further growth in sales of all three models in the future. Pokémon Legends: Arceus has just debuted and Kirby and the Forgotten Land are coming in March. Like Sony, Nintendo has noted that the lack of a global semiconductor is creating uncertainty with a potential impact on production and shipping.

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