Japanese video game maker Nintendo raised its annual profit forecast by 18% on Tuesday, as a weaker yen helped offset weaker-than-expected sales of its Switch console. About 80% of Nintendo's revenue comes from overseas, and its net profit is expected to reach 400 billion yen by March 2023, up from a previous forecast of 340 billion yen.
Nintendo's game hardware Switch shipped 3.22 million units in the second fiscal quarter ending in September, and the cumulative sales have exceeded 114.33 million units. Sales in the first six months of the fiscal year were 6.68 million units, down 19% year-on-year and down from 8.28 million units a year ago. Nintendo lowered its forecast for Switch console sales in fiscal 2022 to 19 million from 21 million.
As of September 30, 2022, Switch TOP 10 software:
- Mario Kart 8 Deluxe: 48.41 million
- "Assemble! Animal Crossing: 40.17 million
- Smash Bros. Special Edition: 29.53 million
- The Legend of Zelda: Breath of the Wild: 27.79 million
- "Pokémon Sword and Shield": 25.37 million
- Super Mario Odyssey: 24.4 million
- "Super Mario Party": 18.35 million
- "Pokémon Crystal Diamond/Bright Pearl": 14.92 million
- Ring Fit Adventure: 14.87 million
- "Pokémon Let's Go": 14.81 million
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