Tokyo – The Japanese Nintendo video game manufacturer reported a 43% decrease in profits for the fiscal year until March, but promised a change in response Its update of the Switch console goes on sale in June.
Nintendo Co. profits for the fiscal year until March totaled 278.8 billion yen ($ 1.9 billion), below 490 billion yen in the previous fiscal year.
Annual sales fell 30% to 1.16 billion yen ($ 8 billion) of 1.67 billion yen, according to the manufacturer of the Super Mario and Donkey Kong games based in Kyoto.
The fortune of playgrounds tends to decrease Something as the time passes after a new game machine goes on sale, since many people have already bought the machine, although the new Hit software helps increase the results.
Much anticipation has been built on the launch of the call Switch 2, which goes on sale on June 5.
Nintendo said he hopes to sell 15 million Switch 2 consoles for the fiscal year until March 2026.
The demand has decreased for the current change, now in its eighth year after its debut. The number of switch players worldwide remains above 128 million people, according to Nintendo.
Nintendo said that attractive software would arrive for the Switch 2 at the end of this year, including the “The Legend of Zelda” games, a Pokémon title and a Kirby game, as well as offers of external software companies.
The opening of a Nintendo store in San Francisco and the Super Nintendo World Amusement facility in Orlando, both scheduled for this month, according to Nintendo.
Nintendo is projecting a gain of 300 billion yen ($ 2.1 billion) for the fiscal year that ends in March next year, an improvement of almost 8% of the fiscal year has just finished, in sales of 1.9 billion yen ($ 13 billion), 63% more of the year.
___
Yuri Kageyama is in threads: https://www.threads.com/@yurikageyama
