Nintendo published its financial report for the fiscal year 2024, which ended on March 31, 2024. We have highlighted the main points from it.
The Legend of Zelda: Tears of the Kingdom
- The company reported that annual net sales amounted to 1.67 trillion yen (10.8 billion dollars). This is a 4.4% increase compared to the previous year.
- Nintendo's net profit for the year rose by 13.4% to 490.6 billion yen (3.18 billion dollars).
- 78.3% of Nintendo's revenue came from outside Japan. The majority of this figure was from North and South America — 44.3%. Europe accounted for 24.3% of the revenue.
Nintendo's revenue distribution by region
- Throughout the year, Nintendo sold 15.7 million Nintendo Switch consoles — 12.6% less than last year. The best-selling model remained the OLED version, with its sales increasing by 1.1% to 9.32 million units.
- To date, the company has sold 141.32 million Nintendo Switch units.
- The number of game copies sold over the year was 199.67 million, a drop of 6.7%. Among the most successful new releases were The Legend of Zelda: Tears of the Kingdom (20.61 million copies), Super Mario Bros. Wonder (13.44 million copies), and Pikmin 4 (3.48 million copies).
- The report also mentions that by March 31, 2024, Princess Peach: Showtime! sold 1.22 million copies, and the remake of Mario vs. Donkey Kong sold 1.12 million copies.
- The audience for Nintendo Switch games grew to a record 123 million people, up from 116 million last year.
- Next year, Nintendo expects a decline in all key metrics. They forecast that net sales will decrease by 19.3%, net profit by 38.9%, Nintendo Switch sales by 14% (in units), and game sales by 17.4% (in copies).
Projected changes in net sales, operating profit, ordinary profit, and net profit
- Separately, Nintendo President Shuntaro Furukawa announced that his company is preparing to unveil a new console. It will be introduced within the current fiscal year, which will end on March 31, 2025.
Top 10 Best-Selling Nintendo Switch Games as of March 31, 2024
1. Mario Kart 8 Deluxe — 61.97 million copies.
2. Animal Crossing: New Horizons — 45.36 million copies.
3. Super Smash Bros. Ultimate — 34.22 million copies.
4. The Legend of Zelda: Breath of the Wild — 31.85 million copies.
5. Super Mario Odyssey — 27.96 million copies.
6. Pokémon Sword & Shield — 26.27 million copies.
7. Pokémon Scarlet & Pokémon Violet — 24.92 million copies.
8. Super Mario Party — 20.66 million copies.
9. The Legend of Zelda: Tears of the Kingdom — 20.61 million copies.
10. New Super Mario Bros. U Deluxe — 17.45 million copies.