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Nintendo Increases Switch Fiscal Year Unit Sales Forecast Despite Nine-Month Sales Decline Media Play News

February 6, 2024

Nintendo Feb. 6 released nine-month fiscal year 2024 results, which included a projected 15.5 million Switch video game console unit sales through March 31 — up from a previous estimate of 15 million.

The enhanced number comes as the video game manufacturer reported Switch unit sales of 13.74 million unit sales, down almost 8% from 14.91 unit sales in the previous-year period. Specifically, Switch unit sales plummeted nearly 35% to 3.4 million units from 5.22 million in the prior year period.

Nintendo Switch – OLED Model unit sales increased 6.2% to 8.17 million from 7.69 million units, while Nintendo Switch Lite unit sales increased 9.1% to 2.18 million from 2 million last year.

“Although [Switch] unit sales decreased year-on-year, sales have been stable given the fact that the platform is in its seventh year, and the results were generally in line with our expectations,” Nintendo wrote in the fiscal report.

Pushing the enhanced Switch unit sales estimate is the steady growth in sales for Super Mario Bros. Wonder, which has generated 10.7 million unit sales since its release in October 2023. Indeed, Nintendo increased its forecast for Switch video games by 5 million to 190 million units.

“In addition, The Super Mario Bros. Movie, released in theaters in April 2023, had a positive impact on sales of Mario related video game titles. As a result, there were 24 titles that sold over a million copies during the period, including titles from other software publishers,” Nintendo wrote.

The Super Mario Bros. Movie was the No. 1 theatrical release until being supplanted by Warner Bros. Pictures’ Barbie in July. Mario would end the year with $1.36 billion in ticket sales compared with $1.44 billion for Barbie.

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Erik Gruenwedel

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