×

Nintendo CEO Believes it Can Still Hit Switch Sales Goal Despite Huge Gap

Nintendo sold about 5 million Switch globally in the first half of its fiscal year, leaving just under 15 million units in sales needed to hit its 2018 fiscal year sales goal, the company reported Tuesday.

Despite that, the Wall Street Journal reports that Nintendo chief executive Shuntaro Furukawa said during a press conference that the Switch’s momentum is in line with what the company expected and that it still believes it can hit its goal of 20 million Switch sold during this fiscal year.

Traditionally, the final quarter of the calendar year accounts for a large portion of video game and video game hardware sales. Nintendo sold about 7 million Switch consoles during last year’s holiday quarter. The company would have to do much better this year to hit its goal. But it is on track so far for a slightly better year. The company’s 5.07 million units sold for the first half of this fiscal is up from 4.89 million for the same period last year.

Nearly 23 million Nintendo Switch have been sold since it’s launch. That means it has now outsold both the GameCube and the Wii U. If the system tops 33 million, it will have outsold the Nintendo 64.

Popular on Variety

While price drops and bundles can have an impact on console sales, another big driver is software releases.

For the first six months ending on Sept. 30, Nintendo’s big software releases included “Mario Tennis Aces,” which sold 2.16 million and “Donkey Kong Country: Tropical Freeze” which sold 1.67 million. The total software sales for Nintendo Switch reached 42.13 million.

Nintendo expects that the releases of “Super Mario Party,” which came out earlier this month, but isn’t part of the first half of Nintendo’s fiscal year, two “Pokemon” titles, and “Super Smash Bros. Ultimate” will help drive significant sales during the holidays.

While both the Pokemon and Smash franchises have historically sold well on previous generation systems, they’re both significantly outsold by Nintendo’s Mario Kart franchise. A Mario Kart game was the top-selling title for the Wii U and 3DS. The Wii’s packed-in “Wii Sports” was its top-selling title, but “Mario Kart Wii” was the top-selling non-bundled game for the system. “Mario Kart DS” was the third best selling title for the DS, behind “Nintendogs” and “New Super Mario Bros.”

While Nintendo hasn’t yet released a new Mario Kart game for the Switch, “Mario Kart 8 Deluxe” — a port of the Wii U game — is currently the second best selling game on the Switch, just behind “Super Mario Odyssey.”

Nintendo hasn’t announced a new Mario Kart for the Switch, but it is working on one for smartphones. “Mario Kart Tour,” the company said Tuesday, is expected to hit smart devices this fiscal year.

Nintendo’s operating profit for the second quarter was up about 30 percent, to $274 million.

 

More Gaming

  • Activision-Blizzard-Overwatch-League-Grand-Finals-2018

    YouTube Scores Exclusive Streaming for Activision Blizzard's E-Sports, Including Overwatch and Call of Duty Leagues

    YouTube landed a multiyear deal as the exclusive live-streaming partner for Activision Blizzard’s e-sports events worldwide, including Overwatch League, Call of Duty League, Hearthstone Esports. The agreement (which excludes China) promises to give a big boost to YouTube Gaming, the video giant’s dedicated home for all things related to games. It’s also a loss for [...]

  • Conan Unconquered

    Tencent Bids for Control of Funcom 'Conan' Games Developer

    China’s social media and gaming giant Tencent is bidding to buy control of Funcom, developer of the “Conan” and “Dune” games. The bid values the Norwegian company at $148 million. Tencent already owns 29% of Funcom, and its bid has been unanimously approved by Funcom’s board of directors. No management changes are planned. The shares [...]

  • 100 Thieves

    Esports Organization 100 Thieves Unveils New Facility in Los Angeles

    As of Wednesday, popular esports organization 100 Thieves has an official home in Los Angeles. The group unveiled its new 15,000 square-foot facility, officially named the 100 Thieves Cash App Compound, in a media preview with some of its biggest personalities and owner Scooter Braun on hand. Also in attendance was Jack Dorsey, the CEO [...]

  • Marvel-Strike-Force-FoxNext

    Disney Sells FoxNext Games Unit to Scopely

    Disney has sold off FoxNext Games, the studio it obtained through the purchase of 20th Century Fox, to mobile-games developer Scopely. Terms of the pact were not disclosed. Under the terms of the pact, Scopely is acquiring FoxNext Games Los Angeles, the game studio behind hit game “Marvel Strike Force,” and San Jose-based Cold Iron [...]

  • Call of Duty The Campaign

    Watch the First Episode of New Call of Duty League Docuseries 'The Campaign' (EXCLUSIVE)

    Even a new league comes with history. That’s one of the takeaways from the first episode of “The Campaign,” which follows the Chicago Huntsmen in the lead-up to Activision Blizzard’s new franchised Call of Duty League. Variety is debuting the first episode exclusively, which details some of the narrative that follows the Huntsmen (based in [...]

  • Vindex - Imax

    Imax Jumps Into Esports in Exclusive Pact With Startup Vindex

    Hold on to your popcorn: An Imax location near you could soon be beaming live competitive video-game action onto its big screens. Imax has inked a partnership with Vindex (vindex.gg), an esports infrastructure startup formed by Major League Gaming co-founders Mike Sepso and Sundance DiGiovanni, under which Vindex will create esports events and experiences exclusively [...]

More From Our Brands

Access exclusive content