Nintendo sales

Nintendo Sales Rise on Animal Crossing Success, Switch Demand

Nintendo sold 13.41 million copies of Animal Crossing: New Horizons in its first six weeks. The company expects to sell 19 million Switch consoles this year.

Nintendo released a sales report for the fiscal year ending March 31 on Thursday. The company revealed that it has sold 55.7 million units of Nintendo Switch and Switch Lite consoles so far. About 21 million units of total sales took place last year, beating its own and analysts’ projections.

Overall, the company made $12.31 billion in revenue. That’s slightly higher than the $11.30 billion it brought in last year. Nintendo, unlike other tech companies, also gave guidance for the fiscal year ending March 31, 2021.

Nintendo, however, warned that sales could suffer due to the current Covid-19 situation. He confirmed that he has gradually recovered after production and shipments suffered delays due to the pandemic.

“It appears that the production and shipping delays are gradually recovering,” the company said in its results. “However, we could be affected if there are any persistent issues with the supply of the necessary components. Additionally, if the impact of COVID-19 is prolonged or worsens further, it could disrupt the supply of products.”

The company shared a conservative estimate of $11.29 billion in sales for the coming year. It plans to sell 19 million Switch consoles and 140 million copies of Switch games. That’s less than it’s brought in this year, but not a big hit given the economic disruption caused by the Covid-19 pandemic around the world.

While Switch sales have been on the rise, Nintendo’s real game changer has been Animal Crossing: New Horizons. The viral game sold 13.41 million copies in the first six weeks of its launch. The company also had success with Pokémon Sword and Pokémon Shield which sold around 17.37 million units on the Switch. Nintendo said Luigi’s Mansion 3 and Super Mario Maker also did well in terms of sales.

“Fiscal 2020 software sales, under normal conditions, should be at least 180 million to 200 million. The 140 million figure could be a sign from Nintendo that there will be major release delays. securities,” said Hideki Yasuda, an analyst at Ace. Research Institute told Bloomberg.