Nintendo FY3/2023 Results

DOCUMENTS

Nintendo’s 3rd Quarter Earnings Release
Supplemental Info

HIGHLIGHTS

• Switch sells 6.9m units during Q3 holiday (16% down YoY)

• Switch LTD sales have reached 139.36m

• The Nintendo Switch has officially outsold the Nintendo DS and has become the best selling system EVER in Japan.

Nintendo revised both their hardware and software numbers up a second time.

Switch hardware forecast revised up from 15m to 15.5m
Switch software forecast revised up from 185m to 190m

To only have a 16% YoY drop while revising your hardware and software forecasts upward for a system about to enter its eighth year on the market is pretty crazy.

Software number changes (shout out to mazi over at Installbase forums for always being on top of these numbers each quarter):

• Mario Kart 8 Deluxe - 60.58M (+3.57M)

• Animal Crossing: New Horizons - 44.79M (+1.41M)

• Super Smash Bros. Ultimate - 33.67M (+1.23M)

• The Legend of Zelda: Breath of the Wild - 31.61M (+460K)

• Super Mario Odyssey - 27.65M (+700K)

• Pokémon Sword and Shield - 26.17M (+150K)

• Pokémon Scarlet and Violet - 24.36M (+1.13M)

• Super Mario Party - 20.34M (+680K)

• The Legend of Zelda: Tears of the Kingdom - 20.28M (+780K)

• New Super Mario Bros. U Deluxe - 17.20M (+500K)

• Luigi’s Mansion 3 - 13.98M (+1.16M since March 2023)

• Super Mario 3D World + Bowser’s Fury - 13.17M (+590K)

• Nintendo Switch Sports - 12.48M (+1.71M)

• Mario Party Superstars - 12.31M (+870K)

• Super Mario Bros. Wonder - 11.96M

• Splatoon 3 - 11.71M (+1.04M since March 2023)

• Pikmin 4 - 3.33M (+720K)

• Super Mario RPG - 3.14M

Super Mario RPG did amazingly well. I’m so glad a new generation of gamers got to experience it for the first time! Tears of the Kingdom has shipped very little in the two quarters since launch. Sell-through may be bigger than sell-in here, as Nintendo really shipped a ton of copies last May. Super Mario Bros. Wonder did amazingly well with nearly 10.70m sold through to consumers in just over two months.