Nintendo forecasts 20 million Switch sales for current fiscal year, a 10% decrease

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Nintendo forecasts 20 million Switch sales for current fiscal year, a 10% decrease

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switch family of systems

Nintendo expects to sell 20 million Nintendo Switch family of systems this current fiscal year, which is down 10% from last year. The Kyoto-based company says that the revised forecast is primarily due to the current component shortages and supply chain issues which are affecting other companies such as Apple and Sony and which has been exacerbated by the Russian military forces invasion of Ukraine. Nikkei Asia reports that this is a 30% decrease from fiscal year 2020, when sales of the Switch hit a peak at 28.83 million units. The company has reiterated that despite the Switch being six years old, demand remains solid. To compensate for the decline in Switch console sales, Nintendo plans to shift more software.

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