Nintendo on more announcements to come and maintaining Switch’s momentum
During Nintendo’s 78th Annual General Meeting of Shareholders, it was mentioned that the company’s management has a favorable view of E3, yet its share price fell around that time. With key titles for the fiscal year releasing through the holidays, this person asked if more “attractive software” can be released continuously.
In response, former president Tatsumi Kimishima noted that Nintendo is “not yet at the point where we can announce our entire product lineup, including the products that will be released during the holiday season.” With titles already released along with Smash Bros. Ultimate and Pokemon: Let’s Go, Pikachu / Eevee, the company is looking to maintain Switch’s momentum.
Kimishima’s full comments are as follows:
We have been putting forth our best effort to be ready to release information to consumers at the appropriate time. We are not yet at the point where we can announce our entire product lineup, including the products that will be released during the holiday season. We are aiming to sell 20 million units during this fiscal year, the second year since the launch of Nintendo Switch, and have released first-party titles like Nintendo Labo in April, Donkey Kong Country: Tropical Freeze in May and Mario Tennis Aces on June 22. And then for the holiday season, we are planning to release Super Mario Party on October 5, Pokémon: Let’s Go, Pikachu!/Let’s Go, Eevee! on November 16, and Super Smash Bros. Ultimate on December 7. We plan to use this robust lineup, including popular titles that were already released prior to the last fiscal year, to maintain and increase the momentum we have with Nintendo Switch for the holiday season, which is the most significant period for sales. We will communicate more detailed information to consumers at a later date.