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Animal Crossing catapults Nintendo into stratospheric revenues

Nintendo has Posted exceptionally high earnings for its normally quiet April-June quarter, such as Animal Crossing: New Horizons remains a sales authority promoting sales of Switch hardware.

Annual operating income was up 428 percent to 145 billion yen ($ 1.37 billion) from 357 billion yen ($ 3.39 billion) in revenue, with Switch sales up 166 percent to 5.68 million systems in the quarter. Nintendo has now shipped 61.44 million Switch consoles, just 470,000 less than the original Famicom / Nintendo Entertainment System.

Animal Crossing: New Horizons sold over 10 million units in the quarter, bringing total sales to 22.4 million. Nintendo says more than half of all new Switch consoles played for the first time this quarter New horizons on the first day, showing that the game is bringing new customers to the Switch. More than 10 million copies have also been sold Animal Crossing title, and is already the second best-selling Switch game in general Mario Kart 8 Deluxe.

The Switch was hit by COVID-19-related supply restrictions in the quarter, but Nintendo says “the situation has almost recovered.” The greater impact was on fitness RPG Ring Fit Adventure, which has now sold over 4 million copies, but is still hard to find.

“Demand for this new proposal from Nintendo to practice playing an adventure game was so much higher than our predictions that the global offering cannot keep up with it since its release,” said Nintendo in its statement. “The persistent effects of this product shortage on the market are still an inconvenience to many consumers, but as with Nintendo Switch systems, we will continue to work on a sufficient amount of shipments for the holiday season.”

Nintendo’s schedule for the rest of the year is kind of a mystery. The company announced an expanded Wii U port Pikmin 3 Deluxe yesterday, but there are no big-hitter holiday titles we know of yet. That said, Nintendo has released Paper Mario: The Origami King last month, just two months after the announcement, so there’s still time.