Nintendo on the state of its Switch business
This information comes from Nintendo president Shuntaro Furukawa…
First, I would like to give you my perception on the current state of the Nintendo Switch business. Hardware sales so far this fiscal year have not been at a pace needed to reach the full-year target that we set at the beginning of the fiscal year. But Nintendo Switch sales continue to grow at a rapid pace globally, and especially software sales are extremely robust. I believe this past holiday season laid a solid foundation for further expansion of the Nintendo Switch business.
Nintendo released these new titles between October and December of last year. The release of major titles for Nintendo Switch was concentrated in the third quarter of this fiscal year. As we stressed in last October’s financial results briefing, it was important to enhance the appeal of Nintendo Switch with these titles and to promote hardware expansion in the holiday season.
