Core Trends:
— Daniel Ahmad (@ZhugeEX) August 5, 2021
HW down 11% YoY: OG Switch up, Switch Lite down significantly.
Packaged software up 4.7% YoY: Strong legacy title + new title sell in.
Digital Software down 43.5% YoY: Animal Crossing was >50% digital last year, which significantly boosted digital at the time.
Here is a breakout by segment for Nintendo's FY21 Q1 earnings (Apr-Jun 2021):
— Daniel Ahmad (@ZhugeEX) August 5, 2021
Console Hardware: $1.34bn / 46%
Packaged Software: $0.79bn / 27%
Digital Software: $0.36bn / 12%
Subs / Add Ons / Digital Only: $0.33bn / 11%
Mobile + IP Licensing: $0.12bn / 4% pic.twitter.com/FTlW6Jod9Z
Subs / Add ons up 10.7% YoY: Increase in Nintendo Online subs, strong DLC sales and strong digital only game sales. (Similar trend seen with PS / XBX)
— Daniel Ahmad (@ZhugeEX) August 5, 2021
Mobile / IP revenue was flat YoY: No new mobile game release led a decline in game revenue, but IP royalties offset the decline.
"Hardware sales were down 21.7% and software sales were down 10.2% year-on-year." Trouble in Nintendo Switch paradise? https://t.co/pwirNs948f
— Tony Polanco (@Romudeth) August 6, 2021
Our 3-month Financial Highlights for the Fiscal Year Ending March 2022 can now be found on our IR information website.https://t.co/I5fiiv1LeN
— 任天堂株式会社(企業広報・IR) (@NintendoCoLtd) August 5, 2021
Sales have declined for Nintendo in the first quarter of FY22 compared to Q1 of FY21, but apparently Animal Crossing: New Horizons accounted for 40% of software sales last year.
— Nadine Dornieden ✨? (@stopthenadness) August 5, 2021
Here are some highlights of Nintendo's latest financial report, via @iMore:https://t.co/q1Wg9lVXnE
Nintendo Switch sales hit 89M as profits take a dip in June quarter https://t.co/i69yobeYiO by @deantak
— GamesBeat (@GamesBeat) August 5, 2021