Nintendo financial results – August 2024 – Switch at 143.42 million units
Nintendo’s financial results report for August 2024 is now available. The period covers the first quarter of the financial year, which provides the latest news about Switch sales and overall company performance.
Below are the full highlights:
– Operating profit this period – 54.5 billion yen
– Ordinary profit this period: 113.4 billion yen
– Switch hardware total – 143.42 million
– Switch software total – 1,266.46 million units
– Overall Switch sales this period – 3.91 million
– Standard Switch sales this period – 0.64 million
– Switch OLED sales this period – 2.83 million
– Switch Lite sales this period – 0.43 million
– Mobile, IP related income, etc. this period – 14.7 billion yen
Regarding the Nintendo Switch business during the first quarter (April through June 2024) of this fiscal year, Paper Mario: The Thousand-Year Door (released in May) and Luigi’s Mansion 2 HD (released in June) got off to a good start posting sales of 1.76 million units and 1.19 million units respectively.
The total number of million-seller titles during this period reached three, including titles from other software publishers.
Hardware sales totaled 2.10 million units, and software sales totaled 30.64 million units. Hardware and software sales in the first quarter of last fiscal year were substantially driven by the May 2023 release of The Legend of Zelda: Tears of the Kingdom, so compared to then, hardware sales were down 46.3% and software sales were down 41.3% year-on-year.
Turning to our digital business for our dedicated video game platform, digital sales totaled 80.7 billion yen, down 32.6% yearon-year, mainly due to a decrease in the sales of Nintendo Switch downloadable versions of packaged software.
In the mobile and IP related business, sales rose significantly in the same period of last fiscal year thanks to the high level of audience engagement with The Super Mario Bros. Movie, which was released in April 2023. For this period, sales came to 14.7 billion yen, down 53.8% year-on-year, due to a decrease in the revenue related to the movie.
The end result is that overall sales reached 246.6 billion yen with sales outside of Japan of 183.1 billion yen accounting for 74.2% of the total, and operating profit was 54.5 billion yen. Income such as foreign exchange gains of 30.6 billion yen helped bring ordinary profit to 113.4 billion yen and profit attributable to owners of parent to 80.9 billion yen.
