nintendo published its financial report for the first quarter of the fiscal year ended March 31, 2023, noting a decline in revenues and sales of Change Console established.
Nintendo is struggling with delivery bottlenecks
According to the quarterly report, the company’s overall sales fell 4.7% to $2.3 billion, mainly due to a decline in hardware sales. Between April and June 2022 were 3.43 million switch units sold at retail. It’s a 22.9% decrease compared to the previous year, on which the company based itself, among other things, “the impact of supply shortages in semiconductors and other components” Return.
The drop in sales comes as no surprise, given that the company has already seen a 26% year-on-year decline in the past fiscal year, which is also due to the shortage of semiconductors. According to reports, there are still issues getting components for consoles at the moment.
Console sales are still good
Despite the supply difficulties, the Japanese games company explained that the demand for the Switch console, which is now in its sixth year since its release, “remains stable in all regions”.
Especially that OLED model seems to be the company’s biggest seller. Since the launch in October 2021, it has already been 7.3 million sold. During the last quarter of the fiscal year only 1.5 million units over-the-counter, followed by the standard version with 1.3 million pieces. The regular console version has been selling out since its launch in March 2017 111.08 million times.
Absolute blockbusters: Nintendo Switch Sports, Kirby and Mario Kart
Also what you own Software is concerned, the company has had a good first quarter of the year so far. While retail game sales declined year over year, the number of games sold to consumers increased. This is because the digital sales of the games increased by 16% are.
The latest quarter also marked the second-highest first-quarter sales of first-party titles since the launch of the Switch. The largest first quarter was from April to June 2020 after the publication of Animal Crossing: New Horizons and the outbreak of the pandemic boosted sales.
it was earlier this year Nintendo Switch Sports the best-selling game of the quarter. Of these, 4.84 million units have been sold since the release in April 2022. Additionally, three other games have sold well: Mario Strikers: Battle League with 1.91 million copies, Kirby and the Forgotten Land with 1.88 million and Mario Kart 8 Deluxe with 1.48 million.
The game maker also confirmed that “Kirby and the Forgotten Land” is the best-selling “Kirby” game in the series’ history with a total of 4.53 million units sold. Meanwhile, “Mario Kart 8” is the best-selling game of all time for the Switch with 46.82 million copies sold.
The company also reported that subscriptions for Nintendo Switch Online and the expansion pack have increased, although he did not give figures on this. For the rest of the year, the game maker hopes to boost sales of new releases like Xenoblades Chronicles 3, Splaton 3such as Pokemon Crimson and Crimson Booster.
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