That’s why Nintendo enjoyed strong sales of its game “Animal Crossing: New Horizons” in the April-September period the previous year. Nintendo, which is behind the Super Mario and Pokemon games, was among the global companies that received a boost from the pandemic by providing at-home entertainment. reported Thursday a 171.8 billion yen ($1.5 billion) profit for the April-September period, down from 213 billion yen in the same period the previous year.įiscal half sales slipped 19% to 624 billion yen ($5.5 billion). TOKYO (AP) - Japanese video game maker Nintendo's profit dropped 19% in the first half of its fiscal year from the previous year, when it received a big lift as people stuck at home by the coronavirus pandemic turned to its products. ($1 = 114.1100 yen) Nintendo's profit drops from last year's pandemic boom Nintendo shares closed down 1.7% ahead of earnings and have lost 25% this year. Nintendo continues to line up high profile releases for the system, with "Pokemon" remakes launching later his month and a new title, "Pokemon Legends: Arceus", going on sale in January.
The tie-ratio is a closely watched indicator that refers to the amount of software bought by hardware owners. "Our main concern is still a lackluster game pipeline combined with a sharply declining tie-ratio that is likely to drive earnings lower," Jefferies analyst Atul Goyal, who has downgraded Nintendo to underperform, wrote ahead of earnings. However, some observers worry that many buyers are likely upgraders rather than new customers, diminishing the potential bounce for software sales. 8 but it remains in short supply in many markets.Įarly data shows the improved model giving sales a bump. Nintendo launched the $349.99 Switch OLED model on Oct.
With console gaming a cyclical business and Nintendo highly dependent on a single system, the timing of peak Switch sales is the focus of intense debate among investors and analysts. "That is with a weakening corona effect and without an epic blockbuster like "Animal Crossing" this time around," said Serkan Toto, founder of the Kantan Games consultancy, referring to the boost from stay-at-home gaming during the pandemic. It commonly raises targets widely seen as conservative during the financial year.
There was a smaller year-on-year decline in software sales and Nintendo raised its full year software forecast by 5% to 200 million units. Sales of the Switch device - now in its fifth year on the market - slumped by a third to 8.28 million units in the six months to end September from the same period a year earlier. Second-quarter operating profit tumbled 32% from the same period a year earlier to 100 billion yen ($880 million), but the gaming firm lifted its annual forecast 4% to 520 billion yen, helped by a weaker yen. "Currently there is no sign of improvement and the situation continues to be severe so I can't say how long it will continue," he said. The Pokémon Trading Card Game Live experience will only further evolve."We can't produce enough to meet the demand we are expecting during the upcoming holiday season," Nintendo President Shuntaro Furukawa told a news briefing as the Kyoto-based company revised down its Switch sales target to 24 million units. Future announcements can also be expected as the developers continue to work on improvements. This game is launching in different regions and languages like English, German, French, Spanish, Italian, and Brazilian Portuguese.Įxpect more related decks will be introduced.
You are also free to customize your experience with accessories.įor Battle Trainers, you can enjoy the experience with other trainers and players from different countries all over the world. Within the game, you can create custom avatars, participate in daily challenges, and get new cards using in-game currency. The battle decks you are building can be used to train and fight. Feel free to participate in daily quests within the game.Īs described, The app is a new way to experience the Pokemon Trading Card Game. You can also purchase in-game booster packs.
Within the Pokemon TCG app, you can add news cards by scanning code cards. The collection you have can be used to build exciting decks. This digital version lets you add to your collection.
If you’re a fan of the Pokémon Trading Card Game there will soon be a mobile app version you can download on the Google Play Store. A new free-to-play app will be ready soon for Android, Mac, and PC. The Pokemon TCG team is inviting everybody to a new adventure.