Last Year Was Nintendo's Most Profitable Ever

Illustration for article titled Last Year Was Nintendo's Most Profitable Ever
Photo: Photo by Behrouz MEHRI / AFP) (Photo by BEHROUZ MEHRI/AFP via Getty Images (Getty Images)

In 2020, Nintendo saw huge profits, likely boosted by people quarantined at home, playing video games.

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According to the company’s newly released financials, which cover the period between April 1, 2020 and March 31, 2021, Nintendo saw a 34.4 percent increase in sales to 1.76 trillion yen ($16.1 billion) and an 85.7 percent spike in net profit, reaching 480 billion yen ($4.39 billion).

The company had thirty-six games selling a million copies on its hardware, with twenty-two of them being Nintendo titles. Out of those, at the top, Animal Crossing: New Horizons sold 20.85 million copies, Mario Kart 8 Deluxe sold 10.62 million, Super Mario 3D All-Stars sold 9.01 million, and Ring Fit Adventure sold 7.38 million.

Currently, Osaka, Tokyo, Kyoto, and Hyogo are under a state of emergency due to covid-19. According to Nintendo, the virus could pose problems with production.

“Regarding the risk associated with COVID-19, while the impact on business results for the fiscal year ended March 31, 2021 was limited, the supply of products might be affected if production and shipments are hindered,” Nintendo stated. “Other risk factors which are difficult to predict also continue to exist, involving areas such as development and marketing of products and services.”

“In addition, the production of products might be affected by obstacles to the procurement of parts, including the increase in global demand for semiconductor components,” the company continued. “The consolidated earnings forecast is based on the premise that we will be able to secure the parts needed for the manufacture of products in line with our sales plans.” Nintendo added that it would continue to take the necessary steps so that consumers can enjoy their goods and services.

Nintendo is forecasting lowering earnings over this year, projecting 340.0 billion yen ($3.1 billion) in profit.

Originally from Texas, Ashcraft has called Osaka home since 2001. He has authored six books, including most recently, The Japanese Sake Bible.

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Just to note, Nintendo sold almost as many Switch units during Q3 (October, November, December) as they did Q1, Q2, and Q4 combined. Also, digital sales averaged out to be just under half of all Switch games sold, and of those digital sales, around 2/3 were digital versions of retail games.

Nintendo also gave us a bunch of updated sales figures for some of their first-party titles.

- Animal Crossing: New Horizons: 32.63 million units
- Mario Kart 8 Deluxe: 35.39 million units
- Super Mario 3D All-Stars: 3.09 million units
- Ring Fit Adventure: 10.11 million units
- Super Mario 3D World + Bowser’s Fury: 5.59 million units
- Super Smash Bros. Ultimate: 23.82 million units
- The Legend of Zelda: Breath of the Wild: 22.28 million units
- Super Mario Party: 14.79 million units
- New Super Mario Bros. U Deluxe: 10.44 million units
- Pokémon Sword/Shield: 21.10 million units
- Super Mario Odyssey: 20.83 million units
- Luigi’s Mansion 3: 9.59 million units
- Clubhouse Games: 51 Worldwide Classics: 3.14 million units
- Paper Mario: The Origami King: 3.12 million units
- Hyrule Warriors: Age of Calamity: 3.07 million units
- Splatoon 2: 12.21 million units
- Pikmin 3 Deluxe: 2.04 million units
- Super Mario Maker 2: 7.15 million units
- Xenoblade Chronicles: Definitive Edition: 1.52 million units
- Pokémon Let’s Go Pikachu/Eevee: 13.28 million units
- Mario Kart Live: Home Circuit: 1.27 million units
- The Legend of Zelda: Link’s Awakening: 5.49 million units