Without large film premiere and releases in the first quarter, net profit Nintendo collapsed down, when compared with the last year. However, the leadership is sure that in the end will be able to achieve the goals for a year – the forecast will not adjust.
Collected the main thing from the report "Big N":
Pure revenue for the interval from April to June 2024 amounted to 1.65 billion dollars (246.6 billion yen), which is 46.5 % less in annual calculus. Meanwhile, net profit also rolled down compared to last year – 543.1 million dollars (80.9 billion yen); falling 55.3 %.
So far, the most profitable directions – the sale of consoles, games and accessories, as well as a mobile segment – are going through not the best times, having fallen by 46.4 % and 53.8 %, respectively, merchandise and collection cards bloom and smell – they brought 18.8 million dollars (2.8 billion yen), which is 42.8 % more than in the first quarter of last year.
The overwhelming part of the profit Nintendo https://katrancasino.co.uk/ still comes from abroad-the figure was 74.2 %. According to the results of the quarter, North and South America (44.8 %) are in the first place, Japan (25.8 %) was located, and Europe is closed by Europe (21.3 %).
The total circulation of Nintendo Switch as of the end of June 2024-143.42 million units. For the first quarter, it was possible to realize 2.1 million “swords”, which is 46.3 % lower in the annual calculus. The most actively in the specified period diverged the OLED model-it was bought 1.24 million times.
For the first quarter, 30.64 million titles for a hybrid console were sold. Recall that a year earlier 52.21 million copies of games were bought. The final result for all the time is 1.267 billion units of interactive entertainment.
The share of games in the “figure” remains at a high level – in the first quarter of the year it amounted to 58.9 %. Compared to last year (47.3 %), it has grown up, but when compared with the previous quarter (59.5 %), it sagged slightly.
According to the leadership, the results over the past quarter are not impressive due to the fact that the first quarter of last year was excessively successful thanks to the launch of The Legend of Zelda: Tears of the Kingdom and the premiere of the cartoon about Mario.
In the first quarter of the last fiscal year, the sale of devices and "software" were too high for this period. All because of the tape "Super brothers Mario", which has spurred our video game business, as well as because of Tears of the Kingdom and a special publication of the console in honor of the release of the game.
There were no similar factors at the beginning of this year. And since Nintendo Switch has been the eighth year, sales of devices and games have significantly reduced in annual calculus.
From the report of the company
For the entire financial year, Bolshoi N intends to realize 13.5 million "Sychei". However, not everyone is tuned as optimistic as corporation analysts. For example, the founder of the consulting agency Kantan Games Serkan Toto (Serkan Toto) admitted that he would be surprised if Nintendo really will be able to implement so many devices by the end of the financial year (March 31, 2025). He is not sure that the corporation "still has enough gunpowder in the powder". Like, to achieve the planned indicator without discounts will be extremely difficult. Recall, Switch successor will be presented until April 2025.