Nintendo’s Profits Shot up By 261 Percent In 2017
Last year was a good one for Nintendo. According to the company’s recent report, the Japanese game giant’s profits were up 261 percent. The company’s revenue of 482.97 billion yen surpassed initial forecasts providing a better than expected year for Nintendo.
Unsurprisingly, this strong growth was driven in large part by the success of the Nintendo Switch. In total, Nintendo sold more than 12 million Switch units this year. However, the company stated that the Switch’s software also did very well. Super Mario: Odyssey has sold more than nine million units since its October release. Super Mario Kart 8 Deluxe was released in April and sold more than 7 million units while Splatoon 2 sold nearly five million units. In total, Nintendo said that the Switch’s software sales total 47.10 million units.
The Switch wasn’t the only success that Nintendo had this year. Given that the Switch is a hybrid home/portable console, there were some concerns that it might harm sales of the 3DS. However, it says that was not the case. Overall, it said that it sold 5.86 million 3DS units and sold 31.25 million units of software. However, it did note that the software sales represented a decline from the previous year’s sales. That being said, it does not appear to believe that the Switch is responsible for that decline.
While not giving exact numbers, the company also said that the Super Nintendo Classic Edition sold very well during the holiday season as did its line of Ambio figures and cards.
The company closed out its report by discussing its line up of mobile games for smartphones. While it did not announce any new games, it did say that its revenue from smart devices saw a 172 percent increase this year. In total, the company said it earned 29.1 billion Yen from its division of games for smartphones and tablets.
Eric is an avid tech junkie, gamer, and comic fan. When he's not working on his PC, you'll find him at your local comic book shop.