Shulou(Shulou.com)11/24 Report--

CTOnews.com May 9, Nintendo today reported results for the fiscal year ended March 31, 2023, showing a decline in Switch sales and hinting that no new hardware will be released until April 2024.

CTOnews.com previously reported that as of March 31, 2023, Switch sales had reached 100 million units. Nintendo said hardware sales fell 22.1 per cent year-on-year to 17.97 million units, below its sales target of 21 million at the beginning of the year (later revised to 18 million), and officials said production was affected by shortages of semiconductors and other components. Nintendo expects to sell 15 million Switch consoles in the fiscal year to the end of March 2024, which means sales will fall by another 16.5%. The reign switch will also face market challenges in its seventh year on the market.

"Nintendo Switch has been on the market for seven years, and it will be more and more difficult to maintain the previous sales momentum, but our goal is to enable more consumers to play Switch for a long time so as to maximize sales." Nintendo said in a statement.

In a conference call after the announcement, Nintendo President Toshitaro Furukawa said that Nintendo was not fully confident of achieving its next target of 15 million units amid a slowdown in mainframe sales, Bloomberg reported. Furukawa also said that Nintendo doesn't have new or upgraded hardware in its annual plan, which means we won't see a new Switch model until the second quarter of next year.

"it will be difficult to maintain Switch sales momentum in the seventh year." "our goal of selling 15 million hosts this year is a little reluctant," Mr. Furukawa said. but we will try our best to boost demand during the holiday season in order to achieve this goal. "

Last year, the Switch was recognized as the best-selling Nintendo home phone of all time, breaking Wii's record of 101.63 million. However, it is still a long way from Nintendo's 154.02 million DS sales. Apart from Nintendo's own mainframe, only the PlayStation 2 (155 million) surpassed the Switch.

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