Zelda: Tears of the Kingdom and Super Mario Bros. Movie propel Nintendo’s Q1 earnings
Big numbers all around.
Image credit:Nintendo
Nintendo has released its financial report for the quarter ending June 30, 2023, noting banner sales for The Legend of Zelda: Tears of the Kingdom and Mario titles.
According to figures posted for the company’s first quarter of the fiscal year 2024, Zelda: Tears of the Kingdom moved 18.51 million units within two months of release, which Nintendo called “a good start.”
Zelda: Tears of the Kingdom – Accolades Trailer – Nintendo SwitchWatch on YouTube
With Mario, thanks to the success of the Super Mario Bros. Movie, Mario Kart 8 Deluxe moved 1.67 million units, bringing cumulative sales of the title to 55.46 million units.
The film also had an impact on Nintendo’s mobile and IP-related business, noting overall sales of ¥32 billion ($224 million), an increase of 190.1% year-over-year(yoy).
Over 168 million people worldwide have seen the Super Mario Bros. Movie as of July 30, and it has earned over $1.34 billion at the box office as of July 26. According to Nintendo, the figure is the “highest ever” for an original film based on a videogame and the second-highest for an animated movie.
During the quarter, other Nintendo titles also continued to sell steadily, with Switch software sales increasing 26.1% yoy to 52.21 million units, bringing total software sales to 1.09 billion.
As a result, hardware unit sales increased 13.9% yoy to 3.91 million units, bringing total Switch sales to 129.53 million units . The base Switch model sold approximately 64,000 units, Switch Lite sold around 43,000, and Switch OLED moved 2.83 million.
Digital sales for the quarter rose 35.9% yoy to ¥119.6 billion ($834 million), helped by sales of downloadable versions of packaged software for Nintendo Switch and increased sales related to Nintendo Switch Online.
The result is that overall sales reached ¥461 billion ($3.23 billion), up 50% yoy, with sales outside Japan of ¥369 billion ($2.6 billion) accounting for 80% of that total, with profits up 52% yoy to ¥254 billion.
Mario Bros.
Nintendo Switch
