Nintendo has sold a total of 23.06 million Switches in the fiscal year ending March 2022. announced. On the other hand, this figure means 5 million fewer sales compared to the previous year. It should also be noted that the company normally expects to sell 25.5 million game consoles this year. Nintendo lowered its expectation to 21 million Switch sales for the next fiscal year, which ends in March 2023.
Nintendo’s sales have been fueled by the pandemic in previous years and people have bought new game consoles to get around the COVID lockdowns. In fact, the Switch became the company’s best-selling home console after total sales in the third quarter eclipsed 103.54 million units. Nintendo states in its financial statement that it has currently sold a total of 107.65 million consoles.
Nintendo also expects lower net sales and overall net profit in the coming fiscal year. The company reported net sales of $13 billion and operating profit of $4.6 billion in fiscal 2022. In addition, net sales are expected to fall to about $12.3 billion next year and annual operating profits are expected to fall to $3.8 billion.
Despite lower hardware sales, Nintendo had the highest annual software sales. The company sold 39 million Switch games in fiscal year 2022.