It’s good to be Nintendo again. The beloved game maker posted the results of their 2017 fiscal year (which ran from April 1 to March 31) and it was nothing but good news all around. The company posted an profit of ¥29.4 billion, or around $265 million. That’s down 10 percent from Nintendo’s previous fiscal year, but it’s a far cry from the 2014 fiscal year when Nintendo lost $456 million.
But the best is yet to come, as Nintendo is predicting they’ll make ¥65 billion or around $585 million during the fiscal year ending March 31, 2018. Nintendo hasn’t dared make predication that high since 2011 when they were still coming off their heady Wii and DS heyday. So, how does Nintendo plan to make all this money? By selling lots and lots of Nintendo Switches, of course!
Nintendo says they plan to sell 10 million Nintendo Switch units over the next fiscal year, which many financial observers consider a conservative estimate. There’s good reason to believe Nintendo will easily meet their goals, as the Nintendo Switch is also besting sales predictions.
According to Nintendo, they sold 2.74 million Nintendo Switch units as of March 31, exceeding their own 2-million-unit goal, and predictions of 2.4 million from top sales trackers. Meanwhile, The Legend of Zelda: Breath of the Wild has sold 2.76 million copies, besting sales of the Switch itself. Nintendo president Tatsumi Kimishima seems to be breathing a sigh of relief that the Switch/Zelda launch went so well…
“We have done a lot of things to raise awareness about how the Switch experience can offer something new, and I am just relieved that consumers seem to have accepted it. It is surprising that Zelda is doing so well, but it also proved what we have been saying is right: A good game title will spur sales of the platform device.”
In other news, sales of mobile games like Super Mario Run and Fire Emblem Heroes have also done well for the company. Super Mario Run has been downloaded nearly 150 million times on iOS and Android, and Fire Emblem is generating major cash via in-game purchases. All told, Nintendo’s mobile games brought in ¥24.3 billion over the past year, or around $218 million.
Here’s a few other interesting sales figures from the Nintendo’s report:
Pokemon Sun / Pokemon Moon (3DS) – 15.44 million total units sold. Obviously, this one contributed to Nintendo’s bottom line in a big way, too!
3DS Hardware – 7.27 million units sold, 66 million total software units sold
3DS Software – 55.08 million total units sold
Kirby: Planet Robobot (3DS) – 1.36 million total units sold
Super Mario Maker for Nintendo 3DS (3DS) – 2.34 million total units sold
Wii U Software – 14.8 million units sold
[via The Wall Street Journal]