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Nintendo Releases First Quarter Fiscal Results

by Donald Theriault - July 26, 2017, 12:34 am PDT
Total comments: 8 Source: Nintendo

The rupees are strong with this one.

The close of the Japanese business day at midnight Pacific time / 3 a.m. Eastern saw the release of Nintendo's first quarter fiscal results for the year ending March 31, 2018. The results cover the period from April 1 - June 30.

Financial Indicators All figures converted to US for purpose of clarity, using market rates as of the current time of 111.874yen to US$1.

  • Operating Profit: ¥16.2bn (approx. US$145m)
  • Net sales: ¥154bn (~$1.376bn), 79% overseas
  • Download sales: ¥11bn (~$98.3m), +41% compared to this quarter last year
  • Profit of related companies: ¥3.286bn (~$29.4m)
  • Mobile revenue: ¥9bn (~$80m), +450% compared to this quarter last year

Hardware sales totals:

  • Switch: 1.97m in the quarter, 4.7m since launch.
  • 3DS: 950k in the quarter, 67m to date
  • No changes in hardware projections from Nintendo.

Software sales totals:

  • Mario Kart 8 Deluxe: 3.54m copies
  • The Legend of Zelda: Breath of the Wild: 1.16m copies just of the Switch version, 3.92m Switch copies sold to date
  • ARMS: 1.16m copies
  • Fire Emblem Echoes: Shadows of Valentia: "Strong sales" but under 1m worldwide

The updated release schedule includes E3 announcements, with the mainline Pokémon RPG for Switch being "2018 or later" and Metroid Prime 4 "TBA". Xenoblade Chronicles 2 is also still listed as a holiday 2017 game in all territories.

Talkback

Good on ARMS for crossing the million mark! Here's hoping it can hit 2!

LemonadeJuly 26, 2017

Not even 6 months old and the Switch is already approaching half of the Wii U's lifetime sales.

lolmonadeJuly 26, 2017

I'm too lazy to go searching for it, but i'm curious what the results were for the same period last fiscal year.  I have to imagine they must have been dismal comparatively.

EnnerJuly 26, 2017

Looking to be a good start for Switch.

Luigi DudeJuly 26, 2017

It took the Wii U about a year just to pass 4 million and that included 2 holiday shopping seasons.  The crazy thing is these Switch numbers is the system still heavily supply constrained.  If Nintendo can get enough systems ready by the holiday they'll easily surpass the Wii U's lifetime to date before it's even a year old.

Oh and Zelda is doing great as well.  That 3.92 million for Zelda is only the Switch version so when you add the Wii U sales, the game is over 5 million.  Of only 4 months it's already the 4th best selling Zelda in history and we haven't even gotten to the holiday season yet.  The best selling Zelda is Twilight Princess with about 8.5 million so Breath of the Wild has a great chance of being able to surpass that.  Hell, like I've said before, I think Breath of the Wild could be the first Zelda to hit the 10 million mark.

ShyGuyJuly 26, 2017

10 million in the first fiscal year? I think they'll hit it.

LemonadeJuly 27, 2017

It would be amazing if Switch sold more units in its first year than Wii U did in its whole life time. But I dont think Nintendo can get enough of them out there

SorenJuly 27, 2017

I am very surprised by the strong initial start by ARMS, but remain cautiously optimistic about it's long-term sales prospects.

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