Nintendo just announced its latest financial results, with some incredible Nintendo Switch sales helping drive one of the best years for the company in recent memory. Nintendo increased its forecast to 15 million units by January of this year, and that figure was pretty much bang on the money with 15.5 million sold by the end of the fiscal year.
Digital sales were played a big part of Switch's success, with a combined total of 60.8 billion yen (that's a staggering 87% increase on a year-on-year basis). Software as a whole performed well, with 12 titles hitting the million unit selling mark over the course of the financial period. On Nintendo Switch, Mario Kart 8 Deluxe sold 9.22 million, Super Mario Odyssey racked up 10.41 million and Splatoon 2 claimed 6.02 million.
On 3DS, Pokémon Ultra Sun/Ultra Moon sold a respectable 7.51 million, with overall sales for this fiscal year clocking in at 35.64 million units. Not a bad performance by any stretch of the imagination. The SNES Classic Edition also had a strong 12 period, with sales totalling 5.28 million. Amiibo also sold well, with 10.3 million sold. Card sales topped out at 5.80 million.
In the world of mobile gaming, Nintendo's income topped 39.3 billion yen (a 62% increase on a year-on-year basis) with Animal Crossing: Pocket Camp joining the firm's growing dedication to smartphone apps. Overall, Nintendo made a mind-blowing 178 billion yen ($1.62 billion) in operating profit for the year, which translates into a huge 505% increase on the previous 12 months. On the whole, revenue increased 116% to 1.06 trillion yen ($9.66 billion).
So what do you make of Nintendo's new financial results? What you were expecting, or a set or fiscal surprises? Share your thoughts with us below...
Comments 60
Great now announce some new games Nintendo, it’s time.
Same goes for the big 3rd party developers.
OK last time - dead on arrival!!!
Roll on E3!
@Yasume it's not time yet. It's time at E3.
So we will have a story later regarding the share price then!
a healthy Nintendo is a healthy industry
Great to hear 👍
Great numbers. Really curious to see how other Wii U ports did it.
Add with Pokemon for Switch, it will be 1000% or more.
Doomed. I’ve been saying so for ages. They’re past it, a dinosaur in the industry, a terrible anachronistic throwback. Their machines are babies’ toys for babies. The sooner they go third-party and let REAL gamers play their software, the better.
Wait, what?
Hey Nintendo Uncle, can I borrow a few million dollars? I'll pay you back when I can.
So, new Pokemon game? Anyone?
@Balladeer
Nintendo doooooomed since forever.
Shouldn't the headline say 17m? 15m is only the last fiscal year.
@Balladeer yeah - I own a PS4 but find it hilarious when I see the sony fanboys saying it’s a kids machine it’s a fad etc..... Nintendo been a fad for longer than most of them have been alive!
I think with a few additions I suspect are coming the switch will become an absolute must have for all gamers
Iwata would be proud. He promised a return to Nintendo like profits.. it would appear that way now,No?
Don't worry, sales will fall off a cliff soon! Switch will only match GCN's lifetime numbers! Lol
Jokes aside, Switch is killing it. If Pokemon makes it out in 2018, sales will be off the charts.
Aren't Nintendo actually the healthiest of the three big companies, even during the recent years?
Nintendo is very much healthy again. Just need to keep making good decisions to keep this trend going. Wonder how the new president will do vs the interim, who seems to have righted the ship after Iwata had some issues.
Impressive. Original estimate was 10 million for the FY. I thought that low but some people thought they would struggle to make that. Then it was revised up to 14 million, then 15. And they still passed that. Hugely impressive.
Just imagine the sales boost when Smash and Pokemon arrive. If that happens within the same hear, holy crap.
Is it weird that I'm proud?
Nahh.
Is that 15.5m this FY plus March launch numbers i.e. total all time sales. Or is that just this FY?
Nintendo back making money! Now lets talk about big new games to keep it up!
Sorry. Answer is 17.79 lifetime sales. Nice.
Woah, Splatoon 2 selling 3 million short of Deluxe has to be a good sign, right? It's still a relatively new IP so I'm amazed it's doing this well at all. How does it compare to the first game again? Someone remind me please.
When Universal announced their Nintendo partnership during the dark days of the Wii U and concluding maturity of the 3DS, it appeared that Nintendo would be getting a modest little area of the Florida Studios park and perhaps a ride or two.
Those plans appear to have been jettisoned and it now looks like Nintendo may be getting (more or less) a full theme park. For perspective, only the most significant IP would ever be considered for something like this. Nintendo is, once again, an 800 lbs media gorilla. A "kong" if you will...
does this mean More new 1st parties games? and less ports of them?
Sales are actually at 17.79 million
15 million is just for the fiscal year, which excludes the launch month sales.
@Agramonte I heart your comment friend! 😉
I have been saying that the guys at Nintendo HQ in Kyoto can comfortably crack open that nice expensive bottle of sake and have a good night!
But it is getting to the point where they will need more big names for the success to continue and even increase.
@MartyFlanMJFan forget hitting my 2 deadlines today... this just made my day. 😁 👍
@Balladeer when used in that context "real gamers" usually means obnoxious teenage boys with an endless thirst for shooting things. Nintendo make great games for EVERYONE!
Sounds great & sounds like no one is really surprised. Nintendo could double those sales if they come out with some earth shattering announcements at E3. Here's hoping!
14.8 Million close of 2017...
17.79 Year To Date...
...the switch is averaging a about 990,600 SWITCHES SOLD a month...
at that PACE they'll have sold 11,887,200 by the end of DEC...(minimum)...
...not including the HOLIDAY RUSH in NOV/DEC sales...I plan on buying 2 for my Nephews...
...they'll probably end the year selling between 26-27 Million LIFETIME sales...
...by the end of their 3rd year, they'll probably SURPASS XBOX...which sounds so strange when I say that...
...only wish there was MORE INTERNAL STORAGE...32 GB is not what I expected from a 299.99 device...
...but I guess that means I'll be in line for the SWITCH 2.0 when it releases...
@Kirby-in-Kirkby Ah, but if it doesn’t have guns or bloody violence in, is it even a REAL game at all? 🤔
Nintendo, enjoy that swimming pool of money Iwata-dono built for you. Party in Kyoto!
@Dom You should probably include the Switch's LTD sales of 17.79 million.
The investor meeting forgot to mention that the Switch was hacked a day ago. Now the console is a pirate's paradise.
2.93 million units of hardware shipped. Best non-holiday quarter for the Switch for hardware sales.
16.4 million copies of software shipped. Best non-holiday quarter for the Switch for software sales.
Yeah, that's an amazing Q1 2018.
dazza lotta money
From an operating income perspective, FY 2017 was the 5th biggest year in Nintendo's history, only behind the Wii/DS golden era (2007-2010)
Remember when it was doomed.
Every time Nintendo posts one of these awesome annual reports, the stock drops. Today it is down ~3.5%.
Why are investors oblivious idiots?
Sounds really good but they need to spend more money on more people so they can develop AAA games a little faster.
@Lameborghini
...and a RIP wallet
TOO MANY GAMES T_T
@dumedum ..never was. Never will.
Cant say the same about Sony or Microsoft .... (just remember what happens to the Stronger SEGA)
Pokemon, Fire Emblem, Metroid, Smash and Animal Crossing still to come...
💰💰💰💰💰
What the first comment said.
@Fandabidozi and Yoshi
This time last year they were running the article that Nintendo was hoping to ship 20 million units with sales expected around 10 million. At the time I guessed they might hit 8-9 million, but that breaking the 10 million mark seemed unreasonable. I stand corrected.
Nintendo should be happy with the first year, can't wait to see what they pull out at E3 and beyond this year.
@Yasume oh don't worry, they'll screw this up. Just like Wii.
@Balladeer just give it time. There's another Wii U coming down the pipeline for Nintendo. There always is.
To celebrate Nintendo making all this money, I am going to take a nap.
@gatorboi352
Hilarious.
The thought of a non-traditional hardware platform succeeding really get under your skin.
I'm confused, isn't the Switch a Playstation?
Where is ARM'S number?
Oh boy can't wait till Pokemon destroys Nintendo's stock
@westman98 i'm literally basing my assessment on everything Nintendo has done in the past. Nothing more.
At this point I'm the living embodiment of the 'Michael Jackson eating popcorn' gif just waiting to see what their next Wii U will be. Or GameCube. Or Virtual Boy.
@gatorboi352
You'll be needing a lot of popcorn.
And salt.
@westman98 hey hopefully they completely buck their own trends of the past and forge ahead anew. I for one am hoping they do and announce a Switch pro next year with a tegra X2. But let's be real...
More emphasis on Labo and whatnot for sure.
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