Nintendo reports FY18 financial results
Nintendo has announced its operating results and financial details for the Fiscal Year that ended on March 31, 2019.
The results for this fiscal year showed strong software sales for Nintendo Switch. Super Smash Bros. Ultimate recorded sales of 13.81 million units, while Pokémon Let’s Go, Pikachu! and Pokémon Let’s Go, Eevee! sold 10.63 million units and Super Mario Party sold 6.4 million units. Mario Kart 8 Deluxe sold 7.47 million units.
Hardware sales for this fiscal year totaled 16.95 million units (12.7% increase on a year-on-year basis), while 118.55 million software units were sold (86.7% increase on a year-on-year basis).
There were decreasing factors contributing to 271.7 billion yen of profit before income taxes such as a decrease in trade payables. However, due to increasing factors such as a decrease in inventories, net cash resulted in an increase of 170.5 billion yen compared to an increase of 152.2 billion yen during the prior year.
Looking to the future, the publisher plans to release Nintendo Labo Toy-Con 04: VR Kit in April, Super Mario Maker 2 in June, andFire Emblem: Three Houses in July, all worldwide. In addition, Pokémon Sword and Pokémon Shield, Animal Crossing and The Legend of Zelda: Link’s Awakening are slated for release in 2019.
