2023-05-09 14:59:45
Nintendo, a Japanese video game pioneer, announced Tuesday that it its annual results were superior to his forecasts thanks to sales, but he was prudent for the future due to the fall in Switch consoles.
During its 2022/23 financial year as a whole, which ended at the end of March, Nintendo made a net profit of 432.8 billion yen, which is 3.200 million dollars and limited the decrease in net profit to 9% compared to the previous fiscal year.
Its annual turnover (1.6 trillion yen), in a more moderate decline (-5.5%), was supported in particular by its sales of video games.
Scarlet Pokemon y Purple, Splatoon 3 o Nintendo Switch Sports, but also older titles like Mario Kart 8 Deluxe, They were the most successful.
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However, the Kyoto-based company (west) saw its sales of Switch consoles fall 22%, to 18 million units.
The company justified this decrease by the shortage of semiconductors and by less dynamic sales than expected during the year-end holidays.
For 2023/24, the group has announced very cautious forecasts and expects a net profit of 340 billion yen, which would imply a year-on-year drop of 21%.
In terms of turnover, the company expects to reach a business volume of 1,450 billion yen, counting in particular on the launch on Friday of the expected The Legend of Zelda: Tears of the Kingdom.
For 2023/24, Nintendo foresees a new significant drop (-16.5%) in its sales of Switch, its console launched seven years ago.
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