Write what you are looking for and press enter to begin your search!

Logo
live-news-icon

Live News

Nintendo Adjusts Switch Sales Forecast Amid Anticipation for Switch 2: In an intense match, the Lone Wolves came out victorious. Read all about the big night here // Popular Games Leaving Game Pass In November: In an intense match, the Lone Wolves came out victorious. Read all about the big night here // Black Ops 6 Update Sees Flashbangs, Recon, & Snaking Nerfed: In an intense match, the Lone Wolves came out victorious. Read all about the big night here
post-16 post-13

Nintendo Adjusts Switch Sales Forecast Amid Anticipation for Switch 2

Nintendo has revised its sales forecast for the Switch console for this financial year, reflecting growing expectations around the anticipated arrival of its successor, the Switch 2.

As of 5 November (today), Nintendo has lowered its sales projection for the fiscal year ending March 2025 from 13.5 million units to 12.5 million units. This adjustment comes as the Switch enters its eighth year on the market. Additionally, the company has decreased its overall forecast for sales, lowering it from 1.35 trillion yen to 1.28 trillion yen, alongside a revised operating profit estimate, which has dropped from 400 billion yen to 360 billion yen.

With demand for the aging Switch waning, Nintendo announced plans to unveil the next-generation console during the current financial year, implying fans can expect more information before April 2025.

In its second quarter of the current financial year (July to September 2024), Nintendo reported revenues of 276.7 billion yen ($1.8 billion) and a net profit of 27.7 billion yen ($182 million). These figures represent a stark decline: a 17% drop in revenue and an alarming 69% decrease in profit compared to the same quarter last year.

Last year was particularly lucrative for Nintendo, buoyed by the success of the Super Mario Bros. Movie and The Legend of Zelda: Tears of the Kingdom, both of which set sales records. This year, however, has seen a significant reduction in major releases.

In the first half of this fiscal year ending 30 September, Nintendo sold 4.72 million Switch units, compared to 6.84 million during the same period last year—a shocking decline of 31%. Software sales also fell nearly 28% year-on-year, totalling 70.28 million units.

“Nintendo experienced exceptionally high hardware and software sales in the first half of the previous fiscal year, largely due to the impact of the Mario movie,” the company noted. They added, “This year, without any significant promotional factors, alongside the ageing of the Switch, we saw a marked decline in both hardware and software sales.”

Despite this, Nintendo shared updates on the performance of its recently released titles. Paper Mario: The Thousand-Year Door has sold 1.94 million units since its launched in May. Luigi’s Mansion 2 HD, released in June, reached 1.57 million units in sales, while The Legend of Zelda: Echoes of Wisdom, which debuted in September, “got off to a good start” with 2.58 million units sold. Mario Kart 8 Deluxe continues to thrive, selling an impressive additional 2.31 million units, bringing its total sales to an astounding 64.27 million.

Looking ahead, while Nintendo has not disclosed specifics regarding the Switch 2, it remains committed to promoting the current Switch model. “Our aim is not only to place one system in every home but to foster multiple consoles in each household—one for everyone,” Nintendo affirmed. “We will also continue to introduce new offerings to ensure that consumers keep playing Nintendo Switch, ultimately maximizing hardware sales.”

Related News

post-07
After So Much Neglect, The Fantastic Four Will Now Be Part Of The MCU + More!

After so many years have passed and after so many terrible films, the Fantastic Four will finally catch a break and head to the Marvel Cinematic Unive...

post-07
Final Fantasy 16 PC Version Will Arrive Later Than Expected

The PS5 version of Final Fantasy 16 will launch on 22 June 2023, but what about the PC version of the long-awaited JRPG? Well, it looks like players w...

post-07
The Last Of Us Part 2 Delayed To Spring 2020; Ghost Of Tsushima Probably Out Later [Update]

Update: Naughty Dog confirmed that The Last Of Us Part 2 will be out 29th May 2020. Still no updates regarding Ghost of Tsushima though. Original sto...

Write a comment

Your email address will not be published. Required fields are marked *

Tournament Tool Kit

Kakuchopurei Community

Popular Posts

post-17
Vampire Survivors: Ode To Castlevania – All New Weapon Evolutions
post-17
Infinix Teams Up With Honor Of Kings & Mediatek For Pro-Powered Gaming Phone Showcase
post-17
Four Ways to Increase Your Chances of Winning in EA Sports FC 25’s Rush
post-17
Romancing SaGa 2: Revenge of the Seven – Post Game Guide & New Game+
post-17
Romancing SaGa 2: Revenge Of The Seven – How To Unlock All Classes & Races
post-17
Diablo 4: Vessel Of Hatred – 10 Ways To Maximize Your Demon-Slaying Fun In Sanctuary
post-17
Metaphor: ReFantazio Endings Guide – How To Avoid All Bad Endings
post-17
Diablo 4 Vessel of Hatred: Kurast Undercity Guide
post-17
Diablo 4 Vessel of Hatred: All Runes Tier List
post-17
Diablo 4 Vessel of Hatred: Season 6 Classes Ranked & Best Builds
post-17
Diablo 4 Vessel of Hatred: All New Uniques In The Expansion
post-17
From Game Changer To Growth Spurt: Ammobox Studios’ CEO Unveils What’s Next
post-17
The Best PC Games To Play Right Now
post-17
Fatal Fury: City of the Wolves – What You Need To Know About The Upcoming 2025 Fighting Game From SNK
post-17
Deadpool & Wolverine: Most Iconic Team-Ups & Moments In Comics, Movies & TV
post-17
Main Game: How To Watch Malaysia’s Best Video Game Show Created By Kakuchopurei & RTM
post-17
Hawkeye Episode 6 Finale Easter Eggs & Breakdown
post-17
Marvel’s What If…? Crew Explains Why They Went 3D Over 2D & A Scrapped Episode That Was Too Close To GOTG 3
post-17
We Talk To Hayden Christensen About Star Wars, Sequels, & Prequels
post-17
Sea Of Stars Might Get DLC Post-Launch
post-17
The Book Of Boba Fett Episode 7 Breakdown & Easter Eggs Explained