New Nintendo Financial Report Released

Profits have slightly decreased.

Nintendo has revealed its financial report for their fiscal year which ended on 31 March 2022. And there are some interesting tidbits.

Net sales are down by 3,6% year-on-year to ¥1,7 trillion (£10,59 billion / €12,38 billion). Net profit though almost remained the same with a slight decrease of 0,6% to ¥477,6 billion (£2,97 billion / €3,48 billion). The Nintendo Switch sold 23,06 million units, a year-on-year decline of 20%. This is in part due to the current global semiconductor shortage. Having said that, financial year 2022 was the second highest year of Switch hardware sales since launch.

The standard Switch sold 13,56 million units (down 33%), the Switch lite 3,7 million units (down 57%). The OLED model has sold 5,8 million units since its release 6 months ago. This brings the current lifetime sales of the Switch up to 107,65 million units. That’s 6 million units ahead of Nintendo’s previous best-selling home console: the Wii.

Software sales increased by 1,8% to 235,07 million units. This is the highest sell-through of software for a hardware family in Nintendo’s history. Digital sales also saw an increase 4,5% year-on-year, rising to ¥359,6 billion (£2,24 billion / €2,62 billion). Downloads made up 42,6% of all software sales.

Pokémon Brilliant Diamond and Shining Pearl were the best selling games with a combined sale of 14,65 million units, making it the 8th best selling game for the Nintendo Switch of all time.

Pokémon Legends Arceus came in second with 12,64 million units. Mario Party Superstars sold 6,88 million units and The Legend of Zelda: Skyward Sword HD 3,91 million units.

From previous years Mario Kart 8 Deluxe sold 9,94 million units (lifetime sale 45,33 million units). Animal Crossing New Horizons sold 6,01 million units (lifetime sales 38,64 million units).

For Financial Year 2023 (ending 31 March 2023) Nintendo expects net sales of ¥1,6 trillion (£9,96 billion / €11,65 billion), down 5,6% compared to FY2022. Sales of the Switch hardware are expected to be 21 million units, again less than FY2022.


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