Nintendo reported its results for the second quarter of the financial year 2021. Most of the data is presented as a consolidated period of six months, so we will also refer to these data. This means that most of the figures relate to the sales period from 1 January 2007 to 31 December 2008. April 2020 to 30. September 2020. In the first half of the financial year, Nintendo’s net sales were Yen 769.5 billion, an increase of 73.3% over the same period last year. Operating profit was Yen 291.4 billion (+208.3%) and net profit Yen 213.1 billion (+243.6%). Nintendo’s video game division contributed Yen 741.9 billion (+75.4%), the mobile phone division contributed Yen 26.7 billion (+33.9%) and the video cards division contributed Yen 0.8 billion (-15.3%).
For two consecutive quarters, both of which were very successful, Nintendo revised its forecasts for the whole year. It expects an increase in turnover and profit as a result of the increased demand for its products. Nintendo originally planned to sell 19 million switches by the end of the financial year 2021 (31 March 2021), but now expects to sell 24 million. The software has been developed from an initial estimate of 140 million to 170 million.
In the first half of the year, Nintendo recorded significant growth in both hardware and software compared to the previous year. Nintendo has managed to sell 12.53 million switches, an increase of 80.9% compared to the same period last year. Software sales amounted to 100.25 million (71.4% growth). The main charge was Animal Crossing: New Horizon with 14.27 million copies sold in the first half of the year. In the first two weeks on the market, Super Mario 3D All-Stars sold an astonishing 5.21 million units.
Digital sales continue to represent a reasonable proportion of software sales. Compared to the second quarter of last year, it increased year-on-year. Looking at the trend in digital sales during the digital switchover, one cannot help but notice a downward trend in the chart. It’s probably a cross between animals: New Horizons is such a success in the digital cash register that many people always want it on their system. Now that sales have slowed down somewhat, the digital wave for which the game was originally intended has levelled off. However, a serious bank is involved in the online shop.
At 30. As of September 2020, Nintendo Switch’s installation base includes 68.3 million systems with 456.49 software sold. It is now officially included in the highest sales figures of the NES, Super NES, N64, GameCube and Wii U. The 3DS is next in the list of popular games!
Mario Kart 8 Deluxe managed to maintain first place based on the number of copies sold. Crucifixes : New horizons catch up with him fast, so we’ll have to see if he can catch up later in the year. It’s amazing to see the legend of Zelda: Breath of the Wild hits at 20 million marks in sales, because it really is one of the best games ever made.
1. Consolidated operating results
For the six months to 30. September 2020, for Nintendo Switch, Paper Mario : Launched in July by the King of Origami, with 2.82 million units sold, and Super Mario 3D All-Stars, released in September as part of the 35th anniversary campaign of the Super Mario brothers, got off to a good start with 5.21 million units sold. Even titles published in previous years continue to sell well without losing momentum. The crossing of animals deserves special attention in this group: The new horizon, which increased sales to 14.27 million units (for a total volume of 26.04 million units), contributed significantly to the overall growth of software sales and boosted hardware sales. Sales of publications from other software manufacturers also continued to grow steadily. A total of 20 million items (including items from other software manufacturers) were sold during the year. As a result of these factors, revenues from hardware and software sales increased to 12.53 million units (an increase of 80.9% year-on-year) and revenues from software sales to 100.25 million units (an increase of 71.4% year-on-year).
As regards digital activities for dedicated video game platforms, the growth in sales of downloadable versions of Nintendo Switch software and regular sales of download-only software, additional content and Nintendo Switch Online contributed to the increase in total digital sales to JPY 171.5 billion (139.4% on an annual basis).
For mobile businesses, many consumers continue to use applications released in previous years, and our IP-enabled mobile device sales were 26.7 billion yen (up 33.9% from the previous year).
As a result of these factors, total turnover was Yen 769.5 billion, with foreign turnover of Yen 596.4 billion representing 77.5% of total turnover. Operating profit was JPY 291.4 billion, ordinary profit was JPY 297.4 billion and net profit attributable to the owners of the parent was JPY 213.1 billion.
2. Consolidated financial forecast
For the Nintendo Switch we have Pikmin 3 Deluxe and Mario Kart Live : Home Circuit is scheduled for release in October, and Super Mario 3D World + Bowser’s Fury is scheduled for release in February as part of the Super Mario Bros. 35th Anniversary campaign, with additional content from the Pokémon Sword Expansion Pass and Pokémon Shield Expansion Pass, The Crown Tundra, scheduled for release in October, as well as a number of exciting releases from other software companies. We will strive to keep the platform active with new publications and increase sales of popular publications that are already for sale.
In our mobile business, we will focus on processes that encourage more consumers to keep playing with the applications already released.
As part of the celebration of Super Mario Bros.’s 35th anniversary, the Game & Watch series of handheld games (originally launched in 1980) also looks back on the launch of Game & Watch in November in collaboration with Super Mario Bros: Super Mario Bros. we’re planning various campaigns and collaborations related to Super Mario.
We have revised the financial projections originally published on 7. May 2020 has been published, has been revised. More details can be found in the amendment to the annual financial guidelines and dividend outlook published today (5 November 2020).
Q2 FY21 Nintendo Supplement
2. 21st quarter. Financial results for the year Nintendo
Source: Nintendo]
Craig has been working in the video game industry since 1995. His works have been published on various media sites. He is currently editor-in-chief and contributes to the Games Age.
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