Nintendo Three Months Earnings Release
In a quick summary from Nintendo’s Three Months Earnings Release for the period ending 30 June 2019: Net sales were 172.1 billion yen ($1.58 billion). Operating profit was 27.4 billion yen ($252 million). Ordinary profit was 22.2 billion yen ($204 million). Nintendo Switch accounted for 89% of Nintendo’s business. Smart devices accounted for 6%, with 3DS down to 3%. No revision has been made to the 2020 fiscal year forecasts. Summary added below…
Nintendo Switch hardware sold 2.13 million units ( a 13.2% increase on a year-on-year basis) and 22.62 million software units (25.9% increase on a year-on-year basis).
Two games were million sellers for the three months, with Super Mario Maker 2 selling 2.42 million copies in three days. Mario Kart 8 Deluxe sold 1.2 million copies (17.89 million overall).
Digital sales (downloadable versions of packaged software, download-only software, add-on content and Nintendo Switch Online subscriptions) were 30.6 billion yen ($281 million), a 65.3% increase on a year-on-year basis. This includes Switch, 3DS, and Wii U content.
Nintendo 3DS hardware sales were 0.2 million units (a 44.9% decrease on a year-on-year basis), while software sales were 1.48 million units (a 49.7% decrease on a year-on-year basis).
Nintendo’s mobile IP related income reached 10 billion yen ($92 million), a 10.0% increase on a year-on-year basis. This includes Fire Emblem Heroes, Dragalia Lost, Animal Crossing: Pocket Camp, Super Mario Run, and also revenue from the Pokémon titles.
Revenue from playing cards etc for the three months were 475 million yen ($4.37 million), down 12.2% on a year-on-year basis.