Nintendo posted extraordinarily high earnings for its normally quiet April-June quarter, like Animal Crossing: New Horizons continues to be a sales giant driving Switch hardware purchases.
Operating profit increased 428% yoy to 145 billion yen ($ 1.37 billion) with revenue of 357 billion yen ($ 3.39 billion), with Switch sales up 166% at 5.68 million systems in the quarter. Nintendo has now shipped 61.44 million Switch consoles, just 470,000 fewer than the original Famicom / Nintendo Entertainment System.
Animal Crossing: New Horizons it sold more than 1
The Switch was impacted by COVID-19 related supply constraints in the quarter, but Nintendo says “the situation has almost recovered.” The biggest impact has been on RPG fitness Ring Fit Adventure, which has now sold over 4 million copies but continues to be hard to find.
“The demand for this new proposal from Nintendo to exercise by playing an adventure game was so higher than our expectations that the global offering has not been able to keep up since release,” Nintendo says in its statement. “The persistent effects of this shortage of products on the market are still an inconvenience for a large number of consumers, but as with the Nintendo Switch family of systems, we will continue to work to ensure sufficient shipments for the holiday season.”
Nintendo’s schedule for the rest of the year is more or less a mystery. The company announced the expansion of the Wii U port. Pikmin 3 Deluxe yesterday, but there are still no hugely successful holiday headlines we’re aware of. That said, Nintendo has released Paper Mario: The Origami King last month just two months after its announcement, so there is still time.