Nintendo released its financial report for the fiscal year ending March 31, 2024, and while the company’s hardware and software sales declined, retail sales of its first-party games performed well.
Hardware sales fell 12.6% year-on-year to 15.7 million units, and software sales fell 6.7% year-on-year to 199.67 million units. While that’s down from the previous fiscal year, the platform’s sales have remained steady in its eighth year since launch, with 141.32 million units sold over its lifetime.
The total number of million-selling games this fiscal year is 31, including games from other software publishers. These games include “The Legend of Zelda: Kingdom Tears” with sales of 20.61 million copies, “Super Mario Bros. Wonder” with sales of 13.44 million copies, and “Pikmin 4” with sales of 3.48 million copies.
In addition, the release of “Super Mario Bros. Movie” in April 2023 had a positive impact on the sales of Mario-related games, with sales reaching 8.18 million copies. This brings “Mario Kart 8 Deluxe” to sales of more than 1.4 million copies for the year (62 million copies to date), “Super Smash Bros. Special Edition” to sales of approximately 560,000 copies (34.22 million copies cumulative), and “Super Mario Odyssey” to sales of approximately 560,000 copies (34.22 million copies cumulative). 》Cumulative sales of 311,000 copies (28 million copies total) – these are just an example.
Digital business sales increased 9.4% year-on-year, reaching 443.3 billion yen ($2.9 billion) for complete games and additional content.
In the mobile and IP-related business, sales increased 81.6% year-on-year to 92.7 billion yen ($600 million), mainly due to revenue related to the “Super Mario Bros.” movie in the quarter.
Across the company, Nintendo reported a 4.4% year-over-year sales increase to 1.7 trillion yen ($11 billion) and a 7.8% year-over-year profit increase, despite lower hardware and software sales in the fiscal year ending March 31, 2024. % 954.3 billion yen ($6.2 billion).
Nintendo expects sales to fall 20% in the current fiscal year ending March 31, 2025.
Earlier today, Nintendo president Shuntaro Furukawa admitted that a Switch successor is in development, but news won’t come until later in the current fiscal year, which ends on March 31, 2025.
