Nintendo Switch: Bad news for Christmas
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The global microchip shortage slows Nintendo, the company has the sales forecast for its game console switch lower. This is clear from the published on November 4, 2021 Annual Report (PDF file) out of the game specialists. Accordingly, the Japanese company expects in the current until the end of March 2022 fiscal year instead of 25.5 million, only 24 million units sold. In the last fiscal year Nintendo put 28.8 million from switch consoles.
development was already evident
Surprisingly, this development is not. Because even in the end of September 2021 completed the first half of the fiscal year, the switch sales fell to 8.3 million consoles. By comparison, a year earlier during the same period still 12.5 million copies. The consoles are a mainstay of business for the long-established company: the more of them are in the home, the more games sold Nintendo. Since March 2017, the Group contributed nearly 93 million switch consoles in the market.
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Nintendo boss sees pessimistic about the future
but is much more explosive the forecast of the current Nintendo leaders for the coming months: How Shuntaro Furukawa told that there is currently no evidence of a relaxation of the parts shortages. That s why he does not rule out lowering the sales forecast further if the situation is deteriorating. With this problem Nintendo is not alone: The competitors Sony and Microsoft have also currently difficult to contend with the chip shortage, PlayStation and Xbox 5 Series X are also months after the launch difficult to obtain.
Nintendo expects higher profit
The decline in switch sales was reflected at Nintendo in the figures down. Sales fell in the first half of the fiscal year by about 19 percent to 624.3 billion yen ( the equivalent of almost 4.7 billion euros ). The gain was similar in magnitude to 171.8 billion yen ( 1.3 billion euros). For the full fiscal year, Nintendo expects sales of 1.6 trillion yen (about 12 billion euros ). The profit forecast raised the Japanese company, among other things, in view of more favorable exchange rates of 340 ( 2.6 billion euros ) to 350 billion yen ( 2.7 billion euros). ( With material of dpa. )
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