Nintendo has revised its {hardware} forecast down but once more as gross sales of the Switch and its video games got here in “under expectations.”
For the primary 9 months of the present monetary 12 months, gross sales from Nintendo’s devoted recreation console enterprise decreased by 31.7% year-on-year to 895.5 billion yen (approx. $5.7 billion) following a big decline in gross sales of each the Nintendo Switch and software program.
Similarly, cell and IP associated revenue decreased by 33.9% year-on-year to 49.7 billion yen (approx. $320 million), primarily because of the robust comparability with 2023’s blockbuster The Super Mario Bros. Movie.
As a outcome, gross revenue declined by 27.3% year-on-year to 565.5 billion yen (approx. $3.6 billion).
Nintendo has now revised down its monetary forecast for the 12 months ending March 2025, the second time in a row it’s accomplished so. It expects to promote even much less Nintendo Switch {hardware} than beforehand forecast, too, revising its Switch expectation down by 1.5 million to 11 million, and software program by 10 million to 150 million.
Given the Nintendo Switch is in its eighth 12 months, declines are anticipated, though they’re clearly extra dramatic than Nintendo predicted. Still, the Switch is now over 150 million items bought, which is an astonishing success for Nintendo. Overtaking Sony’s PlayStation 2, which has 160 million bought, to turn into the best-selling online game console of all-time could also be past the Switch now, however the Nintendo DS’ 154 million is in sight.
Nintendo itself described gross sales of Switch and software program in its third quarter ending December 31, 2024, as “secure given the truth that the platform is in its eighth 12 months.”
Overall gross sales for your entire Nintendo Switch household of programs have been down 30.6% year-on-year at 9.54 million items. Sales of software program declined by 24.4% year-on-year to 123.98 million items. But Nintendo pointed to gross sales of recent video games The Legend of Zelda: Echoes of Wisdom (3.91 million), Super Mario Party Jamboree (6.17 million), Mario Kart 8 Deluxe (5.38 million), and Nintendo Switch Sports (2.63 million) throughout the three month interval. Mario & Luigi: Brothership is on 1.4 million bought.
Super Mario Party Jamboree specifically feels like an enormous hit. Nintendo stated that throughout the first 11 weeks after its launch on October 17, 2024, Super Mario Party Jamboree surpassed the tempo of gross sales for earlier titles within the Mario Party collection for Nintendo Switch, specifically Super Mario Party and Mario Party Superstars.
And, maybe extra importantly for Nintendo because it prepares to launch the Switch 2 later this 12 months, extra individuals are taking part in Switch now than ever earlier than, with 129 million ‘annual taking part in customers’ in 2024. This suggests followers are persevering with to play Switch even now, practically eight years after launch.
“Nintendo Switch unit gross sales declined year-on-year, however even within the eighth 12 months since its launch in March 2017, Nintendo Switch continues to draw the curiosity of customers, and gross sales in some weeks throughout the vacation season exceeded same-week gross sales of the earlier 12 months,” Nintendo stated.
Given Nintendo’s newest monetary report, traders shall be eager for Nintendo Switch 2 to come back out sooner reasonably than later. But Nintendo itself listed the OG Switch video games it nonetheless has up its sleeve: Xenoblade Chronicles X: Definitive Edition shall be launched on March 20, and Pokémon Legends: Z-A and Metroid Prime 4: Beyond are scheduled for launch in 2025.
Nintendo Switch 2 even bought a point out, though Nintendo didn’t say something new right here. “On January 16, we introduced that Nintendo Switch 2, the successor to Nintendo Switch, shall be launched in 2025,” Nintendo stated. “On the identical day, we supplied a primary have a look at Nintendo Switch 2 in a video introducing the {hardware}.
Nintendo plans a Switch 2 Direct for April 2, the place it’ll reveal extra. Nintendo may even maintain Switch 2 hands-on occasions in cities around the globe.
Wesley is the UK News Editor for IGN. Find him on Twitter at @wyp100. You can attain Wesley at wesley_yinpoole@ign.com or confidentially at wyp100@proton.me.
