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Nintendo has released its earnings for the April-June quarter, and while numbers are typically strong for a typically slow period, revenue and profit have both fallen in comparison to last year. That might not come as a surprise given that the company then rode a surge in demand for video games during the first wave of the COVID-19 pandemic, and recently released a mega-hit. Animal Crossing: New Horizons.
In comparison, Switch hardware sales fell 21.7% to 4.45 million units, and software sales fell 10.2% to 45.29 million units. Nintendo has now sold a total of 89.04 million Switch consoles; for comparison, PS5 just reached 10 million. Revenue fell 9.9 percent to 322.6 billion yen ($2.94 billion), while operating profit was 119.6 billion yen ($1.09 billion), a 17.3 percent year-on-year decline.
Unlike last year, when Nintendo sold more than 10 million copies Animal Cross for nearly double the numbers from the previous quarter, there are no blockbuster Switch titles to bank on. Snap New Pokemon sold 2.07 million copies outside of Japan (the game is published by The Pokémon Company in its home market) and Mario Golf: Super Rush sold 1.34 million — Animal Cross, meanwhile, added an extra 1.26 million copies to its total. It has now sold nearly 34 million copies worldwide.
Nintendo’s biggest release in the current quarter is The Legend of Zelda: Skyward Sword HD, which came out last month. The company can expect an increase in Switch hardware sales in the next quarter due to the launch model OLED bar in October, although it did not bring the widely expected power increase. Nintendo’s list of games for the all-important holiday quarter includes metroid fear, WarioWare: Get Together, Mario Party Superstar, and the remake of Pokemon Diamond and Pearl.
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