NintendObserver’s select content on financial forecasts.
NintendObserver’s select content on financial forecasts.
Just to specify that despite the launch of the new consoles, Nintendo plans to make more money this fiscal year than they originally announced.
They didn't mention Age of Calamity because in Japan it is published by Koei Tecmo.
"In our mobile business, we will focus on operations that encourage more consumers to continue to enjoy playing the applications that have been previously released."
"Regarding the impact of COVID-19 on our earnings forecasts, production and sales volumes may decrease for a certain period of time, but we anticipate that production and sales will be able to meet demand for the full year and that we will be able to release software titles now in development as planned."
All eyes on Animal Crossing now.
"Nintendo Switch titles slated for release include Ring Fit Adventure (October), Luigi's Mansion 3 (October), Pokémon Sword and Pokémon Shield (November), and Animal Crossing: New Horizons (March 2020)."
From July to November there is at least one retail title per month published by Nintendo launching on Nintendo Switch.
This includes the financial results for this fiscal year and the outlook for the one upcoming.
We aim to further accelerate the momentum of Nintendo Switch by continuing to introduce compelling new software in addition to the popular titles that already have been released.
For Nintendo Switch, hardware sales in every region have been trending upwards since the video game expo, E3, was held in the US in June.
"Looking ahead, we plan to leverage [the Switch's] momentum to reach an even broader range of consumers and expand the installed base of the hardware."
Mo' money less problems.
"We aim to broaden the platform’s user base by continuing to introduce compelling new software in addition to the stable of popular titles that already have been released."
Even more money for investors. No wonder they stopped talking in trash in the Q&As.
So Nintendo plans to make even more money than expected this fiscal year thanks to the Nintendo Switch.
"We are planning to release Xenoblade Chronicles 2 in December, and other big titles in the months ahead."
The Switch was so successful, Nintendo had to save money from advertising in order to balance supply and demand.
Nintendo expects to provide more dividends to investors than originally announced in the previous forecast.
Actually, Nintendo just modified it's net income forecast positively this time around with a 40,000 million yen increase.
Animal Crossing for smart devices has been pushed back to the next fiscal year.