Nintendo Reports Sales Decline as Switch Sells 111 Million Units

"Net sales down, profits up"

Nintendo Switch Sales 111 Million Decline
Nintendo Reports Sales Decline as Switch Sells 111 Million Units

Nintendo has reported a sales decline for its hardware and software year-on-year, but also confirmed that Nintendo Switch had hit 111 million units in sales. The decline occurred as a result of component shortages, which continue to plague other companies like PlayStation.

In a recent quarterly financial report, Nintendo stated that hardware sales in Q1 totaled 3.43 million units (down 22.9% year-on-year) while software sales also declined, pushing 41.41 million units (down 8.6%). While net sales were down 4.7%, net profits increased 28.3% compared to last year.

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In the first quarter (April to June 2022), Nintendo Switch Sports passed 4.84 million units in sales, while Mario Strikers: Battle League achieved 1.91 million units. Titles released in previous fiscal years such as Kirby and the Forgotten Land managed to sell 1.88 million units in the first quarter, culminating in 4.53 million total units sold – a series record, according to Nintendo. Mario Kart 8 Deluxe continued to sell well too, selling a further 1.48 million units for an accumulative total of 46.82 million units.

In terms of hardware, Nintendo Switch sold a further 3.43 million units in the first quarter compared to the 4.45 million sold during the same period last year. This brings lifetime Switch sales to a total of 111.08 million units. While it remains the best-selling Nintendo home console of all time, it has yet to best the Nintendo DS, which racked up an astonishing 154.02 million unit sold.

The short decline in Switch sales is attributed to component shortages, Nintendo said. However, Nintendo also confirmed that it expected procurement of components to improve from the late summer to autumn this year. Nintendo has a few major exclusives still to release in 2022, including Pokemon Scarlet and Violet, Bayonetta 3 and Splatoon 3. It also just released Xenoblade Chronicles 3. Safe to say, there’s nothing for Nintendo to be concerned about for the remainder of the year.

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Source: Video Games Chronicle

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