Today Nintendo announced its financial results for the first quarter of the fiscal year (between April 1 and June 30) and published an update on the number of Switch units shipped worldwide since the console’s launch in 2017.
Thanks to the press release published by Nintendo, we learn that 129.53 million Nintendo Switch units have been shipped to retailers as of June 30, 2023. This means that 3.91 million units were shipped during Q1. This represents a 13.9% increase in shipments year-on-year.
At the moment, Sony has not published its own financial results just yet, so we'll have to wait for next week for a comparison.
We also read that Nintendo Switch software has shipped 1,088.35 million units as of June 30.
The forecast for the current fiscal year remains the same as the one published last quarter, with a prediction of 15 million shipments for the switch and 180 million copies for its games. If achieved, this would bring the grand total of Switch shipments to 140.62 million by March 31, 2024.
Looking at the company's financial results, sales were 461.3 billion yen, up 50% year-on-year, while operating profit was 185.4 billion yen, up 82.4% year-on-year, marking a very strong quarter for the Kyoto-based company.
Lastly, Nintendo has shared estimated sell-in and sell-through figures for hardware and a couple of relevant games and a year-on-year comparison in hardware and software shipments. You can find all the relevant slides below for your perusal.
Specifically, we learn that The Legend of Zelda: Tears of the Kingdom has shipped 18.51 million units and is estimated to have sold through to customers 15.7 million units in just eight weeks. The game's sales represent about half of the full sell-through for Nintendo first-party software in the quarter and contributed to a sell-through record for Q1 since the launch of the Nintendo Switch.
Mario Kart 8 Deluxe has shipped 1.67 million units during the quarter, reaching a grand total of 55.46 million units.
If you'd like to compare, you can take a look at our article dedicated to the financial results past fiscal year, announced in May.
