Nintendo's revenue exceeded $13 billion in nine months, and digital sales doubled
Nintendo has shared the results for three fiscal quarters (April — December 2020). The company managed to increase all key indicators. Its revenue for nine months exceeded $ 13 billion, and digital sales doubled.General data for three quarters
Revenue amounted to $13.3 billion (an increase of 37.3% in annual terms).
- Most of the revenue came from sales of devices, games and accessories — $9.3 billion.
- The rest of the revenue was made up of royalties and revenue from content for smart devices (including mobile).Nintendo’s operating profit was $4.9 billion (an increase of 98.2% year-on-year).
- Net profit amounted to $3.59 billion (an increase of 91.8% in annual terms).
- The top three regions in terms of profitability included North and South America (41.1%), Europe (25.6%) and Japan (22.4%).
- Data on Nintendo Switch and games for three quarters
The company sold 24.1 million devices (Switch and Switch Lite) — an increase of 35.8% in annual terms.
- In nine months, 176.1 million copies of games were sold — an increase of 43% year-on-year.
- The third quarter was the most successful in terms of sales: 8.4 million copies of Switch, 3.16 million Switch Lite and 75.85 million games.
- 29 games, including nine titles from third-party developers, have sold over 1 million copies.
- The most successful projects in nine months were Animal Crossing: New Horizons (19.41 million copies), Mario Kart 8 Deluxe (8.64 million), Super Mario 3D All-Stars (8.32 million) and Ring Fit Adventure (5.95 million).Digital sales grew by 104.9% and brought the company $2.4 billion.
- Now the figure accounts for 40.9% of all Nintendo games sold.Against the background of success, the company adjusted the forecast for the whole year (ends March 31, 2021).
Nintendo expects that its revenue for the fiscal year will be $15.25 billion (14.3% more than the previous forecast), and net profit — $3.8 billion (an increase of 33.3%). The company also expects to sell at least 26.5 million Nintendo Switch consoles and 205 million games.
