It’s time again for financial reports, andNintendo’s is particularly interesting, as it reveals that its first-party IPs are doing exceedingly well, includingTears of the Kingdom.
In August, it was revealed thatThe Legend of Zelda: Tears of the Kingdomhad sold 18 million copies. With the latest financial report, Nintendo claims thatTears of the Kingdomhas sold over a million more copies, bringing up the total to 19.5 million.
Other first-party franchises have been also thriving, includingPikmin 4which is somewhat of a surprise. It has managed to sell 2.61 million copies already, surpassing the sales of prior titles.Pokémon Scarlet and Violethave also sold well, managing to top 23.23 million units sold.
Mariohas also been enjoying a good year thanks to the exposure it has been getting fromThe Super Mario Bros. Movie, andMario 8 Kart Deluxehas sold 3.22 million copies. The company will continue to capitalize on the franchise’s popularity throughSuper Mario RPG RemakeandPrincess Peach: Showtime!.
Nintendo’s first-party franchises doing amazing numbers
According to company, net sales during the first half of the fiscal year increased by 21.2%. It is also revealed that “sales in the first half of the fiscal year were the largest since the launch of Nintendo Switch.” This has been attributed to a 133.3% year-on-year increase in mobile and IP-related income, as well as the general depreciation of the yen.
Overall, the profit margin remained at the same level as last year, which isn’t a bad thing. Nintendo, in part, attributes this to the increasing sales of the Switch OLED model which has a smaller profit margin.
Forever secretive, it is hard to predict what’s next for Nintendo. There have been rumors that there is a Switch successor in the works, though president Shuntaro Furukawa hascalled these reports inaccurate.
