Tag: Financial
News Nintendo Notes A Rise In Research And Development Costs As 'Switch 2' Looms
Whatcha working on?
File this one in a box labelled "Huh, makes sense", because Nintendo has confirmed that its selling, general, and administrative (SG&A) expenses rose by 2.4% year-on-year during its latest financial report. "Okay, so?", you might ask, and it's a fair question. While certainly not a particularly noteworthy announcement on its...
News Nintendo Switch Sales Hit 143 Million As Hardware And Software Figures Decline
The TOTK and Mario Movie effects take their toll
Nintendo has published its financial results for the first quarter of the 2024/25 fiscal year, revealing that Switch hardware sales now stand at 143.42 million units sold (as of 30th June 2024). This is up from 141.32 million as reported in May, with Nintendo selling 2.1 million consoles across the...
News Princess Peach: Showtime! And Mario Vs. Donkey Kong Both Pass 1 Million Sales
There's life in the Switch yet
Nintendo has confirmed that Princess Peach: Showtime! and Mario vs. Donkey Kong have both passed 1 million sales on Switch. According to the company's latest financial release, Princess Peach: Showtime! sold a total of 1.22 million units since its launch on 22nd March 2024, while Mario vs. Donkey Kong managed a total...
News Nintendo Switch Surpasses 140 Million Sales As Company Acknowledges Successor
13.50 million sales forecast for FY2025
As part of its latest financial earnings release, Nintendo has confirmed that the Switch has now sold a total of 141.32 million units since its launch in 2017. Digging in a bit deeper, the console managed to shift a total of 15.70 million units across its three SKUs during FY2024. This is down by 12.6%...
Switch sales forecasts have been raised
Nintendo has published its quarterly financial results, revealing that Switch hardware sales now stand at 139.36 million units sold (as of 31st December 2023) since the system launched in March 2017. This is up from 132.46 million as reported in November and Nintendo has raised its forecasts for both hardware...
News Nintendo Misses Out on Nikkei 225 as Stock Slumps Over 8%
Recent stock rises partly due to potential of joining the listing
Earlier in the Summer we saw increases in Nintendo's stock value as a strong performance from the 3DS and the prospective inclusion on the Nikkei 225 Stock Average drove positive trading. The Nikkei 225 lists notable stocks and is undoubtedly a positive inclusion for any company...