Nintendo is having a profitable year and with the ongoing pandemic likely bolstering sales and the continued success of Animal Crossing: New Horizons, it makes sense.
Revealed in Nintendo’s financial report for the year ending March 31, 2021, operating profits saw a rise to 81.8% year-on-year 640 billion yen($5.9 billion). Ordinary profit was up 88% to 679 billion yen ($6.2 billion), up to an 88.4% increase. The company’s previous gross profit record was set in March 2019 at 501 billion yen (4.6 billion).
Taking a look at net sales, those two were exceedingly strong at 1.76 billion yen ($16.1 billion), and while it isn’t the best year for Nintendo, it’s the second-highest year with 2009 leading with 1.89 billion yen (16.8 billion).
The Nintendo Switch continued to sell well last year with 28l8 million units sold which an increase of 37.1% over the previous financial reporting period, with the console’s lifetime sales sitting at 84.59 million units.
If you’re wondering how that breaks down, the Nintendo Switch Lite sold 14.7 million units with 8.51 million units sold during this most recent period.
Software sales also rose at 36.8% to 230.9 million units, leading to a total of 587.12 million. No surprise that New Horizons is a big part of the reason with the game selling a whopping 20.85 million units. Mario Kart 8 Deluxe sold 10.62 million units, Super Mario 3D AllStars solid 9 million units, and Super Mario 3D World + Bowser’s Fury sold 5.6 million units. Ring Fit Adventure continues to perform well and sold 7.38 million units, since gyms are closed a lot of people are turning to alternatives to stay active, this has led to 10.11 million units total.
Digital sales accounted for 42% of all software sales last year, but the period from April to June last year hit a high of 55.6% likely due to New Horizons.
While Nintendo doesn’t have any big first-party titles coming for some time there are a few things to look forward to including Miitopia, The Legend of Zelda: Skyward Sword HD Mario Golf Super Rush, and Game Builder Garage, a new title that teaches kids how to code and build games through a series of lessons.
With all this going on, Nintendo predicts a decline for the year with sales forecast at 1.6 trillion yen ($14.6 billion), down 9% from the previous year.