Another big interest on the earning reports season for gaming is Nintendo, and early this morning, the gaming veteran announced how it did in the past three months and clearly, new things need to happen.
In Q2 2023 (fiscal year), Nintendo reported net sales were up 5% at 656.9 billion yen and net profit up 34% at 230.4 billion yen.
While all does look good in the outside, the inside of the numbers might have raises don flags as Nintendo confirmed a 12% decline of Nintendo Switch sale in comparison of last year, signaling that its current main (AND ONLY) hardware is getting fatigue and it should not be taken as exaggerated, this is Nintendo first ever attempt on competing in two gaming generation with a same machine.
In software, Splatoon 3 is the hero, selling 7.9 million units in its debut quarter and making it Nintendo‘s fastest Switch launch ever, followed by Nintendo Switch Sports at 6.15 million, Mario Kart 8 Deluxe at 3.07 million and Kirby and the Forgotten Land at 2.61 million.
This in particular, makes Kirby and the Forgotten Land the highest selling Kirby game in history and rightly so, we were due a big major Kirby game for some time.
Nintendo might give Mobile industry a second chance
Another big news with the earnings reports by Nintendo is that it has made a subsidiary, shared with DeNA Company, the developers of some of the biggest mobile games by Nintendo, mainly Super Mario Run.
With the new company, Nintendo and DeNA expect to focus on “the development and operation of services to strengthen the digitalization of Nintendo’s business.”
Nintendo will hold 80% of the company and hence why it is called Nintendo Systems Co Ltd.
Of course, being careful not repeating the same mistakes, Nintendo warned that the new subsidiary is not for mobile gaming in its entirety and the purpose of the company will be also for joint development and operation of membership services for various devices, which include digitalization of Nintendo services.
Via Nintendo