New Record: Nintendo’s Fiscal Year Earnings Highest in Console Market History

Operating profit Nintendo for the last financial year was 640.63 billion yen ($ 5.9 billion) and turned out to be the largest in the history of the console market among all platform holders… The company has surpassed analysts’ forecasts and broke its own record set in the year of its peak Nintendo ds and Wii

The Top 5 Fiscal Year Operating Profit Rankings to date are based on a single Nintendo:

  1. Nintendo (2020-2021): 640.63 billion yen
  2. Nintendo (2008-2009): 555.26 billion yen
  3. Nintendo (2007-2008): 487.22 billion yen
  4. Nintendo (2009-2010): 356.57 billion yen
  5. Nintendo (2019-2020): 352.37 billion yen

The current fiscal year, which ends March 31, 2023, should be another great period for Nintendo. The company predicts an operating profit of 500 billion yen

Earlier it was reported that Sony’s gaming division generated 342.2 billion yen ($ 3.23 billion) in operating profit on $ 27.1 billion last fiscal year, the best in the history of the PlayStation brand.

Nintendo gets less revenue ($ 16.59 billion in the last fiscal year), because it does not have the largest multi-platform releases in its arsenal, but as a result, it leads in profit thanks to strong sales of its own games and sales of consoles in plus.

Nintendo reported net profit of ¥ 480.3 billion ($ 4.5 billion) last fiscal year

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