Switch sell-through trending 'extremely favorably,' Nintendo has no concerns about momentum

Coming from Nintendo's investor Q&A...

Question: In the presentation, you reported extremely good Nintendo Switch sell-through for the fourth quarter of last fiscal year, but slightly unsatisfactory hardware unit sales (sell-in) for last fiscal year. How should we interpret the difference between the sell-through momentum and sell-in numbers? Also, what is your take on year-end inventory levels?

Answer Furukawa: Sell-in and sell-through are not coupled, and gaps are bound to arise due to differences in timing. In the fiscal year ended March 2018, we entered the fourth quarter with retailer inventories at very low levels, while the scale of retailer inventories at the start of the calendar year 2019 was different from the previous year. Sell-through is currently trending extremely favorably, so I have no concerns about the momentum of Nintendo Switch, and I think that the inventories at fiscal year-end in March 2019 are at appropriate levels.