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Nintendo FY3/2023 Q1 Earnings Release, Switch Hardware Q1 - 3.43M units (-22.9% YoY), 111.08M units LTD

ggx2ac

(They publish Dark Souls)
Member
Nintendo's 1st Quarter earnings release for the fiscal year ending March 2023.

See Post #2 (threadmarked) for regional HW/SW data and the top selling titles as there isn't enough space to fit in the OP.


Note: M = Million (or rather 10^6)

Past earnings release data from FY3/2017 to FY3/2021 can be found here (Note, thread hasn't been updated with FY3/22 data. That will be done soon): https://www.installbaseforum.com/fo...data-from-fy3-2017-to-present-for-switch.205/

Regarding Margin of Error in the data:
https://www.installbaseforum.com/fo...fy3-2017-to-present-for-switch.205/post-19409

1st Quarter Earnings Release, data as of June 30th, 2022:
https://www.nintendo.co.jp/ir/pdf/2022/220803e.pdf

Code:
+----------------------------------+
| Nintendo Co., Ltd. |    FY3/2023 |
+----------------------------------+
| Consolidated Operating Results   |
+----------------------------------+
+--------------------------------------+
| Net Sales                  |    YoY% |
+--------------------------------------+
| 1st Quarter |    ¥307,460M |  -4.71% |
+======================================+
+--------------------------------+
| FY3/23 Forecast |  ¥1,600,000M |
+--------------------------------+
+--------------------------------------+
| Operating Income           |    YoY% |
+--------------------------------------+
| 1st Quarter |    ¥101,647M | -15.12% |
+======================================+
+--------------------------------+
| FY3/23 Forecast |    ¥500,000M |
+--------------------------------+
+-----------------------+
| Operating Margin      |
+-----------------------+
| 1st Quarter |  33.06% |
+=======================+
+---------------------------+
| FY3/23 Forecast |  31.25% |
+---------------------------+
+--------------------------------------+
| Net Profit                 |    YoY% |
+--------------------------------------+
| 1st Quarter |    ¥118,984M | +28.29% |
+======================================+
+--------------------------------+
| FY3/23 Forecast |    ¥340,000M |
+--------------------------------+
###
Capital Adequacy Ratio: 78.7%

Current Assets: ¥2,009,748 million

Current Liabilities: ¥491,072 million

Cash and deposits: ¥1,123,084 million

Shareholder's equity: ¥1,906,325 million

Inventories: ¥256,241 million

Hardware/Software sales units: https://www.nintendo.co.jp/ir/en/finance/hard_soft/index.html

Code:
+------------------------------+
| Nintendo Switch   | FY3/2023 |   
+------------------------------+   
| Sales Units and Forecast     |   
+------------------------------+   
+---------------------------------+
| Switch      |   Units |    YoY% |
+---------------------------------+
| 1st Quarter |   1.32M | -60.12% |
+=================================+
| FY3/23 Cml. |   1.32M |
+-----------------------+
| Life-To-Date|  84.77M |
+-----------------------+
###
+---------------------------------+
| Switch Lite |   Units |    YoY% |
+---------------------------------+
| 1st Quarter |   0.59M | -48.25% |
+=================================+
| FY3/23 Cml. |   0.59M |
+-----------------------+
| Life-To-Date|  18.99M |
+-----------------------+
###
+-----------------------+
| Switch OLED |   Units |
+-----------------------+
| 1st Quarter |   1.52M |
+=======================+
| FY3/23 Cml. |   1.52M |
+-----------------------+
| Life-To-Date|   7.32M |
+-----------------------+
###
+-------------+
| Hardware    |-------------------+
| Total       |   Units |    YoY% |
+---------------------------------+
| 1st Quarter |   3.43M | -22.92% |
+=================================+
| FY3/23 Cml. |   3.43M |
+-----------------------+
| Life-To-Date| 111.08M |
+---------------------------+
| FY3/23 Forecast |  21.00M |
+---------------------------+
###
+-------------+
| Software    |-------------------+
| Total       |   Units |    YoY% |
+---------------------------------+
| 1st Quarter |  41.41M |  -8.57% |
+=================================+
| FY3/23 Cml. |  41.41M |
+-----------------------+
| Life-To-Date| 863.60M |
+---------------------------+
| FY3/23 Forecast | 210.00M |
+---------------------------+
(Software sales units include both
packaged and downloadable versions
of software.)
###
+------------------------+
| Mobile, IP related     |----------+
| income, etc.           |    YoY%  |
+-----------------------------------+
| 1st Quarter | ¥10,981M |  -16.80% |
+===================================+
| FY3/23 Cml. | ¥10,981M |
+------------------------+
(Includes income from smart-device
content and royalty income.)
###

Supplemental information:

Code:
+------------------------------+
| Nintendo Co., Ltd.| FY3/2023 |
+------------------------------+
| Key/Digital Sales Indicators |
+------------------------------+
+------------------------------+
| Proportion of overseas sales |
+------------------------------+
| 1st Quarter       |    79.9% |
+==============================+
+------------------------------+
(※ Proportion of overseas (outside of Japan)
sales to total sales)
+------------------------------+
| Proportion of hardware sales |
+------------------------------+
| 1st Quarter       |    43.8% |
+==============================+
+------------------------------+
(※ Proportion of hardware
 (including accessories) sales
to total dedicated video game platform sales)
+------------------------------+
| Proportion of first party    |
| software sales               |
+------------------------------+
| 1st Quarter       |    76.3% |
+==============================+
+------------------------------+
(※ Proportion of first-party software sales
to total dedicated video game software sales)
+------------------------------+
| Digital Sales                |
+------------------------------+
| 1st Quarter       |   ¥88.0B |
+==============================+
+------------------------------+
("※ Digital sales include a) downloadable
versions of packaged software,
b) download-only software,
c) add-on content and
d) Nintendo Switch Online, etc.
*"Downloadable versions of packaged software"
indicates the downloadable version of
software that is offered both physically
and digitally.")
+------------------------------+
| Proportion of Digital Sales  |
+------------------------------+
| 1st Quarter       |    53.0% |
+==============================+
+------------------------------+
(※ Proportion of digital sales to total
dedicated video game software sales )
+-------------------------------------+
| Proportion of downloadable versions |
| of Packaged Software Sales          |
+-------------------------------------+
| 1st Quarter       |           52.1% |
+=====================================+
+-------------------------------------+
(※ Proportion of downloadable versions of
packaged software sales to total digital sales
as indicated above: a/(a+b+c+d) )

Code:
+------------------------------------------+
| Nintendo Switch FY Million-Seller Titles |
+------------------------------------------+
+------------------------------------------+
| Title and Rank                           |
+------------------------------------------+
| Units                                    |
+------------------------------------------+
+------------------------------------------+
| Kirby and the Forgotten Land   | Rank 1  |
+------------------------------------------+
| Area         |   Japan | Overseas|
+----------------------------------+
| 1st Quarter  |   0.41M |   1.47M |
+==================================+
| FY3/23 Cml.  |   0.41M |   1.47M |
| Area/WW FY % |  21.81% |  78.19% |
+----------------------------------+
| Global       | WW FY   | WW LTD  |
+----------------------------------+
| 1st Quarter  |   1.88M |   4.53M |
+==================================+
| FY3/23 Cml.  |   1.88M |   4.53M |
| WW FY/LTD %  |  41.50% |  58.50% |
+----------------------------------+
+------------------------------------------+
| Mario Kart 8 Deluxe            | Rank 2  |
+------------------------------------------+
| Area         |   Japan | Overseas|
+----------------------------------+
| 1st Quarter  |   0.30M |   1.18M |
+==================================+
| FY3/23 Cml.  |   0.30M |   1.18M |
| Area/WW FY % |  20.27% |  79.73% |
+----------------------------------+
| Global       | WW FY   | WW LTD  |
+----------------------------------+
| 1st Quarter  |   1.48M |  46.82M |
+==================================+
| FY3/23 Cml.  |   1.48M |  46.82M |
| WW FY/LTD %  |   3.16% |  96.84% |
+----------------------------------+
+------------------------------------------+
| Nintendo Switch Sports         | Rank 3  |
+------------------------------------------+
| Area         |   Japan | Overseas|
+----------------------------------+
| 1st Quarter  |   0.90M |   3.94M |
+==================================+
| FY3/23 Cml.  |   0.90M |   3.94M |
| Area/WW FY % |  18.60% |  81.40% |
+----------------------------------+
| Global       | WW FY   | WW LTD  |
+----------------------------------+
| 1st Quarter  |   4.84M |   4.84M |
+==================================+
| FY3/23 Cml.  |   4.84M |   4.84M |
| WW FY/LTD %  | 100.00% |   0.00% |
+----------------------------------+
+------------------------------------------+
| Mario Strikers: Battle League  | Rank 4  |
+------------------------------------------+
| Area         |   Japan | Overseas|
+----------------------------------+
| 1st Quarter  |   0.13M |   1.79M |
+==================================+
| FY3/23 Cml.  |   0.13M |   1.79M |
| Area/WW FY % |   6.81% |  93.72% |
+----------------------------------+
| Global       | WW FY   | WW LTD  |
+----------------------------------+
| 1st Quarter  |   1.91M |   1.91M |
+==================================+
| FY3/23 Cml.  |   1.91M |   1.91M |
| WW FY/LTD %  | 100.00% |   0.00% |
+----------------------------------+
###

Top selling title sales units as of June 30th, 2022:
https://www.nintendo.co.jp/ir/en/finance/software/index.html

Go to post #2 for the Regional data and top ten selling titles data.
 
Last edited:
Regional HW/SW and Top Ten Selling Titles New
OP
OP
ggx2ac

ggx2ac

(They publish Dark Souls)
Member
Regional HW/SW data:

Code:
+--------------------------------------------+
| Nintendo Switch Regional Data   | FY3/2022 |
+--------------------------------------------+
+--------------------------------------------+
| Switch | Japan  |The     | Europe | Other  |
|        |        |Americas|        |        |
+--------------------------------------------+
|Q1 Units|  0.22M |  0.49M |  0.53M |  0.08M |
|Q1 YoY% |-73.49% |-55.45% |-35.37% |-85.71% |
|Q1 WW%  | 16.67% | 37.12% | 40.15% |  6.06% |
+============================================+
| FY3/22 Cumulative                          |
+--------------------------------------------+
| Units  |  0.22M |  0.49M |  0.53M |  0.08M |
| WW%    | 16.67% | 37.12% | 40.15% |  6.06% |
+--------------------------------------------+
| Life-To-Date                               |
+--------------------------------------------+
| Units  | 19.00M | 32.57M | 22.68M | 10.52M |
| WW%    | 22.41% | 38.42% | 26.75% | 12.41% |
+--------------------------------------------+
+--------------------------------------------+
| Switch | Japan  |The     | Europe | Other  |
| Lite   |        |Americas|        |        |
+--------------------------------------------+
|Q1 Units|  0.10M |  0.33M |  0.12M |  0.04M |
|Q1 YoY% |-70.59% |-31.25% |-53.85% |-20.00% |
|Q1 WW%  | 16.95% | 55.93% | 20.34% |  6.78% |
+============================================+
| FY3/22 Cumulative                          |
+--------------------------------------------+
| Units  |  0.10M |  0.33M |  0.12M |  0.04M |
| WW%    | 16.95% | 55.93% | 20.34% |  6.78% |
+--------------------------------------------+
| Life-To-Date                               |
+--------------------------------------------+
| Units  |  4.93M |  8.33M |  4.45M |  1.27M |
| WW%    | 25.96% | 43.87% | 23.43% |  6.69% |
+--------------------------------------------+
+--------------------------------------------+
| Switch | Japan  |The     | Europe | Other  |
| OLED   |        |Americas|        |        |
+--------------------------------------------+
|Q1 Units|  0.39M |  0.46M |  0.45M |  0.21M |
|Q1 WW%  | 25.66% | 30.26% | 29.61% | 13.82% |
+============================================+
| FY3/22 Cumulative                          |
+--------------------------------------------+
| Units  |  0.39M |  0.46M |  0.45M |  0.21M |
| WW%    | 25.66% | 30.26% | 29.61% | 13.82% |
+--------------------------------------------+
| Life-To-Date                               |
+--------------------------------------------+
| Units  |  2.00M |  2.40M |  1.57M |  1.34M |
| WW%    | 27.32% | 32.79% | 21.45% | 18.31% |
+--------------------------------------------+
+--------------------------------------------+
| Switch | Japan  |The     | Europe | Other  |
|Hardware|        |Americas|        |        |
+--------------------------------------------+
|Q1 Units|  0.72M |  1.27M |  1.11M |  0.33M |
|Q1 YoY% |-37.93% |-20.13% | +2.78% |-46.77% |
|Q1 WW%  | 20.99% | 37.03% | 32.36% |  9.62% |
+============================================+
| FY3/22 Cumulative                          |
+--------------------------------------------+
| Units  |  0.72M |  1.27M |  1.11M |  0.33M |
| WW%    | 20.99% | 37.03% | 32.36% |  9.62% |
+--------------------------------------------+
| Life-To-Date                               |
+--------------------------------------------+
| Units  | 25.95M | 43.30M | 28.71M | 13.13M |
| WW%    | 23.36% | 38.98% | 25.85% | 11.82% |
+--------------------------------------------+
+--------------------------------------------+
| Switch | Japan  |The     | Europe | Other  |
|Software|        |Americas|        |        |
+--------------------------------------------+
|Q1 Units|  8.07M | 17.14M | 11.52M |  4.67M |
|Q1 YoY% | -0.74% |-23.31% | +1.50% |+34.97% |
|Q1 WW%  | 19.49% | 41.39% | 27.82% | 11.28% |
+============================================+
| FY3/22 Cumulative                          |
+--------------------------------------------+
| Units  |  8.07M | 17.14M | 11.52M |  4.67M |
| WW%    | 19.49% | 41.39% | 27.82% | 11.28% |
+--------------------------------------------+
| Life-To-Date                               |
+--------------------------------------------+
| Units  |162.43M |386.41M |249.45M | 65.29M |
| WW%    | 18.81% | 44.74% | 28.88% |  7.56% |
+--------------------------------------------+
###

Top selling title sales units as of June 30th, 2022:
https://www.nintendo.co.jp/ir/en/finance/software/index.html

Code:
+--------------------------------+
| Switch - Top Selling Titles    |
+--------------------------------+
+--------------------------------+
| Units                          |
+--------------------------------+
+-------------------------------------------+
| Mario Kart 8 Deluxe            |   Rank 1 |
+-------------------------------------------+
| 1st Quarter         |    1.49M |
+================================+
| FY3/23 Cumulative   |    1.49M |
| Life-To-Date        |   46.82M |
+-------------------------------------------+
| Animal Crossing: New Horizons  |   Rank 2 |
+-------------------------------------------+
| 1st Quarter         |    0.74M |
+================================+
| FY3/23 Cumulative   |    0.74M |
| Life-To-Date        |   39.38M |
+-------------------------------------------+
| Super Smash Bros. Ultimate     |   Rank 3 |
+-------------------------------------------+
| 1st Quarter         |    0.65M |
+================================+
| FY3/23 Cumulative   |    0.65M |
| Life-To-Date        |   28.82M |
+-------------------------------------------+
| The Legend of Zelda: Breath of |          |
| the Wild                       |   Rank 4 |
+-------------------------------------------+
| 1st Quarter         |    0.59M |
+================================+
| FY3/23 Cumulative   |    0.59M |
| Life-To-Date        |   27.14M |
+-------------------------------------------+
| Pokémon Sword / Pokémon Shield |   Rank 5 |
+-------------------------------------------+
| 1st Quarter         |    0.23M |
+================================+
| FY3/23 Cumulative   |    0.23M |
| Life-To-Date        |   24.50M |
+-------------------------------------------+
| Super Mario Odyssey            |   Rank 6 |
+-------------------------------------------+
| 1st Quarter         |    0.43M |
+================================+
| FY3/23 Cumulative   |    0.43M |
| Life-To-Date        |   23.93M |
+-------------------------------------------+
| Super Mario Party              |   Rank 7 |
+-------------------------------------------+
| 1st Quarter         |    0.28M |
+================================+
| FY3/23 Cumulative   |    0.28M |
| Life-To-Date        |   18.06M |
+-------------------------------------------+
| Pokémon Brilliant Diamond /    |          |
| Pokémon Shining Pearl          |   Rank 8 |
+-------------------------------------------+
| 1st Quarter         |    0.14M |
+================================+
| FY3/23 Cumulative   |    0.14M |
| Life-To-Date        |   14.79M |
+-------------------------------------------+
| Pokémon Let's Go Pikachu /     |          |
| Pokémon Let's Go Eevee         |   Rank 9 |
+-------------------------------------------+
| 1st Quarter         |    0.01M |
+================================+
| FY3/23 Cumulative   |    0.01M |
| Life-To-Date        |   14.66M |
+-------------------------------------------+
| Ring Fit Adventure             |  Rank 10 |
+-------------------------------------------+
| 1st Quarter         |    0.45M |
+================================+
| FY3/23 Cumulative   |    0.45M |
| Life-To-Date        |   14.54M |
+--------------------------------+
 
Last edited:
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