Nintendo sees over 400% increase in profits year-on-year, Switch sales approaching NES

Nintendo has posted its quarterly earnings report for the three months ending on June 30, which is the first quarter of the company's 2021 financial year. Global conditions caused by the pandemic seem to have greatly benefited the company's profits, with sales more than doubling from the same period of last year to 358.106 billion yen (roughly $3.39 billion). Operating profit was up 427.7% year-on-year, reaching 144.747 billion yen ($1.37 billion).

This was in no small part due to a pretty significant increase in sales of the Nintendo Switch, which sold a total of 5.68 million units in this quarter, a 166% increase year-on-year. 3.05 million units were of the regular Nintendo Switch, while the remainder was attributed to the Nintendo Switch Lite. The console reached 61.44 million units sold since its launch, and while no major milestones were hit, the Switch is now very close to the lifetime sales of the original Nintendo Entertainment System, which sold 61.91 million units.

In terms of software, the biggest driving factor for Switch sales was Animal Crossing: New Horizons, which released on March 20 of this year. The game sold 10.63 million units in this quarter, making for a total of 22.4 million units since launch, and making it the Nintendo Switch's second best selling game yet, trailing only Mario Kart 8 Deluxe. That game managed to amass nearly two million (1.97 million, more specifically) units sold this quarter despite being three years old, and has now sold 26.74 million units in total.

Nintendo had seven games that sold at least one million units this quarter, including two titles that launched during this period - Xenoblade Chronicles Definitive Edition and Clubhouse Games: 51 Worldwide Classics, which sold 1.37 million and 1.03 million units, respectively. The Legend of Zelda: Breath of the Wild, Super Smash Bros. Ultimate, and Ring Fit Adventure were also million-seller games during this period.

Nintendo didn't shed much light on the its plans for the rest of the year, and the only title mentioned to be releasing through the end of 2020 is Pikmin 3 Deluxe, announced yesterday for an October 30 release.

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