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Nintendo FY3/2020 Q4 Earnings Release (Switch 55 million sold, Animal Crossing: New Horizons hits 13.41 million in 6 weeks)

WOWSERS!

Nintendo has released their FY3/2020 Q4 Earnings Release, and as you might have suspected, things went EXTREMELY well for the Big N. We're going to be constantly updating this post with new info as we dig through the release, but here's some tidbits gleaned so far.

Random tidbits

- the Switch has sold 55.77 million units worldwide as of March 31st, 2020
- 3.29 million Switch hardware units and 45.62 million software units were sold during the three months ending March 31st, 2020
- Nintendo forecasts it will sell 19 million Switch units between April 2020 and March 2021
- Animal Crossing: New Horizons hits 13.41 million in 6 weeks
- Animal Crossing: New Horizons sold 11.77 million units in 11 days, making it the Switch's fastest-selling game ever
- Pokemon Sword and Shield have outsold all mainline Pokemon installments on 3DS
- the total number of million-seller titles during this fiscal year reached 27 titles
- because of COVID-19, production and shipments of the Switch, accessories, and Ring Fit Adventure faced delays
- Switch sales totaled 21.03 million units (24.0% increase on a year-on-year basis), and software totaled 168.72 million units (42.3% increase on a year-on-year basis)
- 3DS sales totaled 0.69 million units (73.0% decrease on a year-on-year basis), and software totaled 4.99 million units (62.3% decrease on a year-on-year basis)
- overall digital sales totaled 204.1 billion yen (71.8% increase on a year-on-year basis)
- mobile IP related income reached 51.2 billion yen (11.5% increase on a year-on-year basis)
- total net sales reached 1,308.5 billion yen (including overseas sales of 1,007.3 billion yen, or 77.0% of the total sales)
- operating profit came to 352.3 billion yen, ordinary profit was 360.4 billion yen, and net profit attributable to owners of parent totaled 258.6 billion yen for this fiscal year
- "other software publishers also plan to release a wide variety of appealing titles, and the combination of existing popular titles and a continuous stream of appealing new titles will work together to invigorate the platform (Switch)"

Top 10 best-selling first-party Switch titles

Mario Kart 8 Deluxe – 24.77 million
Super Smash Bros. Ultimate – 18.84 million
The Legend of Zelda: Breath of the Wild – 17.41 million
Super Mario Odyssey – 17.41 million
Pokemon Sword / Pokemon Shield – 17.37 million
Pokemon: Let’s Go, Pikachu! / Pokemon: Let’s Go, Eevee! – 11.97 million
Animal Crossing: New Horizons – 11.77 million
Splatoon 2 – 10.13 million
Super Mario Party – 10.10 million
New Super Mario Bros. U Deluxe – 6.60 million

Updated million-sellers Switch list

Luigi’s Mansion 3 – 6.33 million
Super Mario Maker 2 – 5.48 million
The Legend of Zelda: Link’s Awakening – 4.38 million
Fire Emblem: Three Houses – 2.87 million
Ring Fit Adventure – 2.73 million
Pokemon Mystery Dungeon: Rescue Team DX – 1.26 million
Astral Chain – 1.08 million
Marvel Ultimate Alliance 3: The Black Order – 1.08 million

+------------------------------------------------------------------------------------------+
| | This Quarter | FY Cumulative |FY3/20 Forecast|FY3/21 Forecast|
+------------------------------------------------------------------------------------------+
| Net Sales | ¥285,851M | ¥1,308,519M (~$B)| ¥1,250,000M | ¥1,200,000M |
| Operating Income| ¥89,440M | ¥352,370M (~$B)| ¥300,000M | ¥300,000M |
| Net Profit | ¥62,252M | ¥258,641M (~$B)| ¥210,000M | ¥200,000M |
+------------------------------------------------------------------------------------------+

+---------------------------------------------------------------------------------+
| Switch (units) | This Quarter | FY Cumulative | LTD | FY Forecast |
+---------------------------------------------------------------------------------+
| Switch | 2.27M | 14.83M | 49.57M | |
| Switch Lite | 1.0M | 6.19M | 6.19M | |
| Hardware Total | 3.29M | 21.03M | 55.77M | 19.5M |
| Software Total | 45.59M | 168.72M | 356.24M | 140.0M |
+---------------------------------------------------------------------------------+
(Software sales units include both packaged and downloadable versions of software.)

+---------------------------------------------------------------------------------+
| 3DS | This Quarter | FY Cumulative | LTD | FY Forecast |
+---------------------------------------------------------------------------------+
| Hardware Total | 0.07M | 0.69M | 75.77M | 0.65M |
| Software Total | 0.89M | 4.99M | 383.11M | 4.5M |
+---------------------------------------------------------------------------------+
(Software sales units include both packaged and downloadable versions of software.)

+------------------------------------------------------------------------+
| | This Quarter | FY Cumulative |
+------------------------------------------------------------------------+
| Smart devices, IP related income, etc.| ¥14,385M | ¥51,295M |
+------------------------------------------------------------------------+
(Includes income from smart-device content and royalty income.)

Hardware/software sales per region

Animal Crossing: New Horizons sales compared to previous installments

First and third party release schedule for Switch

Coronavirus-related discussion

- delays in production and shipping are gradually recovering
- Nintendo may be affected if there continue to be issues involving the procurement of necessary components, or if impact of Coronavirus worsens
- there are concerns that coronavirus will lead to a global decline in production and consumption
- Nintendo may make revisions to sales projects based on how coronavirus impacts the industry going forward
- there are restrictions on sales channels in each country due to measures to prevent the spread of the virus
- if physical distribution is suspended, Nintendo will not be able to sell hardware or packaged software through e-commerce
- there is a possibility that provision of those services offered via our network may be suspended
- if the effects of coronavirus are prolonged or worsen further, development schedules may be impacted due to the difference in development environments between working from home and in the office
- the impact to overseas subsidiaries and other affiliated companies involved in development is anticipated to be even more difficult to predict than within Japan
- Nintendo may not be able to proceed with the release of Nintendo products and the start of services as planned
- this is also true for other software publishers, so it may not be possible to provide game content on Nintendo platforms as planned

Tags: 3ds, switch

Comments

I'm not sure if this was something we already knew, but it's awesome to see Astral Chain reach 1 million!

Same! I think it did last earning actually (if I remember right). So it sold 80,000 units in the last quarter.
Still my favorite game of 2019.

I'm proud of Luigi's Mansion 3. That game sold pretty darn well and it deserves it. Can't wait for the fourth game now. Considering the series that it is, and how it has managed to outsell those other series below it... It's quite sobering, miraculous even.

And Animal Crossing: New Horizons is definitely set to outpace Pokémon Sword and Shield very soon. Generation VIII is a farce and mainline Pokémon is starting to feel the heat with hardcore fans much like Disney Star Wars. Congratulations Ohmori. Try not to butcher the Diamond and Pearl remakes too much now.

SMO and BOTW are on tie? That's insane!

Also another insane thing is that three houses is close to getting 3 million mark!

BotW has been gaining on Odyssey basically every quarter since Odyssey initial sales. The irony is that when it finally managed to surpass it, it may not last long, since Pokémon SS is right behind it.

Well atleast SMO will eventually outsell BOTW even if both get beaten by Pokemon.

I don't think it will. The trend has been BotW outselling it. In the past 5 quarters, BotW won every single one. And by much, I might add. In 5 quarters Odyssey sold 3.65 million units, meanwhile BotW sold 5.73 million units. I rest my case.

I’m not the best at understanding finansial terms . But does a net profit of 258.6 billion yen mean that they made a win of about 2.5 billion dollars? That is a huge amount of cash :p They could potentially buy many devolopers with that money. I wish they would invest some money in buying more western studios actually. I think it could be very beneficial for their business long term. But I doubt it will happen though...

I'm glad Pokemon Mystery Dungeon: Rescue Team DX didn't bomb! ^.^

Spike Chunsoft, PMD 5 please and make it set in the Sand Continent! And then maybe follow with a Explorers DX afterwards? Please?

is impressive that Animal Crossing New Horizons managed to sell 13.41 copies sold in only one month and outsold all previous mainline Animal Crossing games i was expecting good sales for Animal Crossing New Horizon, but i was not expecting the game to outsold all mainline Animal Crossing games in only one month that impressive.

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