Nintendo recently released its financial report for the first nine months of the 2024/2025 fiscal year, covering up to December 31, 2024. As usual, the company provided updates on hardware and software sales, giving an overview of its performance. Overall, the results were below expectations, with hardware and software sales falling short.
In the report, Nintendo announced an operating profit of 247.5 billion yen, with ordinary profits of 327.1 billion yen. The Nintendo Switch has now sold 150.86 million units globally, while software sales for the console reached 1.359 billion units, heading toward 1.5 billion. In the reported period, 9.54 million Switch units were sold, broken down as follows:
As mentioned, Nintendo lowered its original sales estimates because the year was weaker than expected. Hardware sales were adjusted from 12.5 million to 11 million units, a drop of 1.5 million. Software sales were also lowered, going from 160 million to 150 million units, a reduction of 10 million. Nintendo earned 49.7 billion yen from its mobile business and the use of its intellectual properties.
The report also highlights the steady growth of games released in the current fiscal year, with The Legend of Zelda: Echoes of Wisdom (released in September)...
