Super Mario

Consolidated Financial Highlights: Six Months Ended September 30, 2023

Nintendo’s consolidated financial results for the six months ending September 30, 2023, demonstrate robust growth driven by strong software performance and the successful expansion of intellectual property into film.

• Nintendo achieved strong financial growth for the six months ending September 30, 2023, with net sales rising 21.2% to 796.2 billion yen and operating profit increasing 27.0% to 279.9 billion yen.
• Revenue from mobile and IP-related sources surged 133.3% year-on-year, driven significantly by the commercial success of The Super Mario Bros. Movie.
• Digital sales grew 15.8% to 217.5 billion yen, fueled by consistent demand for downloadable software, add-on content, and subscription services.

Nintendo Financial Results Explanatory Material: 2nd Quarter of Fiscal Year Ending March 2024

Nintendo’s financial results for the first half of the fiscal year ending March 2024 demonstrate significant growth across its core business segments.

• Nintendo reported strong first-half growth for the fiscal year ending March 2024, with net sales rising 21.2% to 796.2 billion yen and operating profit increasing 27.0% to 279.9 billion yen.
• The company revised its full-year forecast upward, now projecting 1,580.0 billion yen in net sales and 500.0 billion yen in operating profit.
• Mobile and IP-related income surged by 133.3% to 55.0 billion yen, driven primarily by the commercial success of The Super Mario Bros. Movie and increased royalty revenue.

Consolidated Financial Highlights: Three Months Ended June 30, 2023

Nintendo’s consolidated financial results for the three months ended June 30, 2023, demonstrate significant growth across its primary business segments, driven by strong software performance and favorable foreign exchange conditions.

• Nintendo reported strong Q1 growth for the period ending June 30, 2023, with net sales rising 50.0% to 461.3 billion yen and operating profit increasing 82.4% to 185.4 billion yen.
• The release of 'The Legend of Zelda: Tears of the Kingdom' was a primary driver, selling 18.51 million units during the quarter.
• Hardware and software sales for the Nintendo Switch platform both saw gains, with hardware units up 13.9% to 3.91 million and software units up 26.1% to 52.21 million.

Nintendo Financial Results Explanatory Material: 1st Quarter of Fiscal Year Ending March 2024

Nintendo’s financial results for the first quarter of the fiscal year ending March 2024 demonstrate significant year-on-year growth, driven primarily by the successful launch of major software titles and the global performance of the Super Mario Bros. movie.

• Nintendo reported strong Q1 growth for the fiscal year ending March 2024, with net sales rising 50.0% to 461.3 billion yen and operating profit increasing 82.4% to 185.4 billion yen.
• The Legend of Zelda: Tears of the Kingdom was the primary software driver, selling 18.51 million units and significantly boosting both hardware and software sell-through.
• Mobile and IP-related revenue surged 190.1% to 31.8 billion yen, primarily driven by royalties and visual content performance from the Super Mario Bros. movie.

Nintendo Financial Results: 3rd Quarter of Fiscal Year Ending March 2023

Nintendo’s financial results for the first nine months of the fiscal year ending March 2023 reflect a period of contraction compared to the previous year.

• Nintendo reported a 13.1% decline in operating profit to 410.5 billion yen and a 1.9% drop in net sales for the first nine months of the fiscal year ending March 2023.
• Nintendo Switch hardware unit sales fell 21.3% to 14.91 million units, while software unit sales decreased 4.0% to 172.11 million units.
• Digital software sales grew 21.5% to 310.0 billion yen, now accounting for 46.0% of total software sales.

Nintendo Second Quarter Financial Results and Corporate Management Policy Briefing: Fiscal Year Ending March 2022

Nintendo is navigating a transitional period in the fiscal year ending March 2022, characterized by a year-over-year decline in sales and profits following the unprecedented success of previous breakout titles.

• Nintendo has lowered its fiscal year 2022 hardware shipment target to 24 million units due to global semiconductor shortages.
• Despite hardware constraints, the company raised its full-year profit and software sales projections, supported by the Nintendo Switch OLED model and a library of over 6,700 third-party titles.
• Nintendo is investing 450 billion yen into internal software development, infrastructure, and non-gaming ventures, including theme parks and the upcoming Super Mario film.

Consolidated Results for the Nine Months Ended December 31, 2020: Nintendo

Nintendo reported significant financial growth for the nine-month period ending December 31, 2020, driven primarily by the continued success of the Nintendo Switch platform.

Nintendo 3rd Quarter Results for Fiscal Year Ending March 2021: Financial Results Explanatory Material

Nintendo achieved record-breaking financial performance during the first nine months of the fiscal year ending March 2021, characterized by a 37.3 percent increase in net sales and an operating profit that nearly doubled to 521.1 billion yen.

• Nintendo achieved record financial results for the first nine months of the fiscal year ending March 2021, with net sales increasing by 37.3% and operating profit nearly doubling to 521.1 billion yen.
• Digital revenue grew by 104.9% to 256 billion yen, marking a critical shift in the company's long-term revenue strategy.
• Cumulative sell-through for the Nintendo Switch hardware surpassed 74 million units globally.

Consolidated Financial Highlights: Six Months Ended September 30, 2020

Nintendo Co., Ltd. experienced significant financial growth during the six months ended September 30, 2020, driven primarily by the strong performance of the Nintendo Switch platform.

• Nintendo achieved significant growth for the six months ending September 30, 2020, with net sales rising 73.3% to 769.5 billion yen and operating profit surging 209.3% to 291.4 billion yen.
• Hardware and software sales for the Nintendo Switch platform saw substantial year-on-year increases of 80.9% and 71.4%, reaching 12.53 million and 100.25 million units respectively.
• Digital sales, including downloadable software, add-on content, and Nintendo Switch Online subscriptions, grew 139.4% to 171.5 billion yen.

Fiscal Year Ending March 2021: Corporate Management Policy Briefing

Nintendo maintains a core business philosophy centered on the integration of proprietary hardware and software to deliver intuitive, tactile entertainment experiences.

• Nintendo’s core strategy centers on integrating proprietary hardware and software to drive a virtuous cycle of engagement, anchored by iconic intellectual property like Super Mario.
• The Nintendo Account program has reached a scale of over 200 million users across 164 countries, serving as the primary digital infrastructure for platform loyalty.
• Digital software sales reached approximately 50 percent of total volume during the fiscal year ending March 2021, reflecting a significant shift in consumer purchasing behavior.

Nintendo Financial Results Briefing: Six Months Fiscal Year Ending March 2020

The Nintendo financial results briefing for the first half of the fiscal year ending March 2020 highlights strong momentum for the Nintendo Switch platform, driven by the successful launch of the Nintendo Switch Lite and a robust software library.

Nintendo Consolidated Financial Highlights: Six Months Ended September 30, 2019

Nintendo’s consolidated financial results for the six-month period ending September 30, 2019, demonstrate strong growth driven primarily by the expansion of the Nintendo Switch platform.