Nintendo’s net sales and profits declined as Animal Crossing set standards too high

I have Animal CrossingA hole in the shape of Nintendo’s latest accounting report.

The adorable island life simulator appeared when it was launched at the end of March last year. This is because it is the latest in a very popular franchise, and the pandemic meant that the whole world had nothing to do but throw itself. At the mercy of Tom Nook’s suspicious mortgage plan.

According to Nintendo New horizon After having sold 22 million units by June 30, 2020, it set an incredibly high level. As a result, net sales and profits are struggling, even though both hardware and software sales are “stable.”

“Nintendo Switch hardware and software sales were both strong, but overall sales were down year-over-year. Animal Crossing: New Horizons It was a major driver of the Nintendo Switch Platform business. “

As stated in the company’s financial report for the three months ended June 30, 2021, net sales fell 9.9% to 322.6 billion yen ($ 2.9 billion) and profits fell 12.9% to 92.7 billion. It was Yen ($ 845.6 million).

Regarding Nintendo’s recent release, the company said the following new titles: New Pokemon Snap (2.07 million units), Mario Golf: Super Rush (1.34 million units), Miitopia (1.04 million units) All set foot on the ground.

Catalog titles continue to perform well, Mario Kart 8 Deluxe (1.69 million units) Animal Crossing: New Horizons (1.26 million units) Strengthen already impressive lifetime sales during the quarter.

Hardware sales were 4.45 million units, down 21.7% year-on-year. In short, Switch has sold 89.04 million units since its launch in March 2017. Software sales also fell 10.2% year-on-year to 45.29 million units, reaching the end of their lifespan. Switch software sales to 632.40 million units.

Nintendo reiterated that both have decreased year-on-year. Animal Crossing: New Horizons After launching on March 20, 2020, it set an incredibly high standard.

Looking at Nintendo’s digital business, downloadable software sales were down 24.9% year-on-year to 75.9 billion yen ($ 692.6 million). In the mobile sector, smartphone and IP-related revenue was almost flat, down 0.6% year-on-year to 1.31 billion yen ($ 119.5 million).

Nintendo’s consolidated financial forecast remains unchanged, with annual switch sales expected to reach 25.5 million units by March 31, 2022.

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