Earlier this week, PlayStation shared information from Q1 2020 revealing new numbers for PS4 console units sold as well as software sales and PS Plus subscriptions. The company has done very well during the pandemic as two of the biggest games of the year selling extremely well. Now, Nintendo has released its financial report during the period from April to June, revealing that profits for the company have increased over 500 percent during this time.
Breaking it down, Nintendo’s operating profits increased by 427.7%. The company’s yearly sales increased by 108.1% and Nintendo’s net profit is up 541.3%. Dedicated video game platform sales including hardware, software, and accessories went up 113.2%. Hardware sales hit 5.68 million units, increasing by 166.6%. Software sales went up by 123% reaching 50.43 million units. Digital sales went up 229.9% and accounted for 55.6% of sales on Nintendo hardware.
The biggest game during this time was Animal Crossing: New Horizons which comes as no surprise considering all the new accolades that the game has gotten since it was released. When the game was released, it became the fastest-selling game in Japan, then it became the best-selling game in that country. In May, Animal Crossing: New Horizons became the best-selling game in the series with more than 13 million units sold. Now, Animal Crossing: New Horizons has sold a total of 22.40 million copies. During April-June, Nintendo sold 10.63 million units. Nintendo also talked about how other games did during this period. “In addition, sales of titles from other software publishers continued to grow steadily, bringing the total number of million-seller titles during this period to nine, including titles from other software publishers.”
Nintendo also talked about the impact of COVID-19, saying that it did impact getting parts for the Nintendo Switch console “but the overall production situation has almost recovered.”
Speaking on COVID-19’s impact on the future, Nintendo said: “regarding the impact of COVID-19 on our earnings forecasts, production and sales volumes may decrease for a certain period of time, but we anticipate that production and sales will be able to meet the demand for the full year and that we will be able to release software titles now in development as planned.”