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Nintendo on Switch stock and shipments, impacted by Suez Canal accident

Posted on May 13, 2021 by (@NE_Brian) in News, Switch

Nintendo Switch

Nintendo president Shuntaro Furukawa further discussed the situation with Switch stock and shipments during the Q&A portion of its financial call last week.

As we’re heard before, the coronavirus pandemic “has caused declines and delays in freight traffic in markets outside of Japan, and retailers in some regions are experiencing temporary shortages.” Furukawa also confirmed that Nintendo was impacted by the Suez Canal accident.

He said:

“Regarding the current situation for Nintendo Switch hardware, there are no major differences between regions, and demand remains strong overall. However, COVID-19 has caused declines and delays in freight traffic in markets outside of Japan, and retailers in some regions are experiencing temporary shortages. In particular, the accident that blocked the Suez Canal caused delays in the transportation of products bound for Europe, and retail inventories are tight in some countries. In the United States, sales were strong in March, and the supply of hardware is currently not keeping up with the strong demand. In the ‘Others’ region, sales are also growing steadily. Regarding the software sales, there are small differences among countries and regions, but overall, sales of both new titles and evergreen titles are doing well.”

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