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Friday, November 13, 2020

Nintendo's Six-Month Financial Results Q&A Briefing for Fiscal Year Ending Mar. 2021

By LUDWIG VON KOOPA - You Animal Crossers better buy more games!

If you want to know what big Nintendo investor folks are thinking as a result of last week's financial dislosure for their second quarter of fiscal year 2021, Nintendo has provided an English-language question and answer summary located here. There are ten questions, and they mostly fall along the lines of, “Wow, you increased your forecasted amount of Nintendo Switch sales for the second half of your fiscal year? Why is that?” and “How will you get Animal Crossing: New Horizons players to buy other games? Is there still demand for that, and how is COVID-19 factoring in?”

(The answers to those, provided by Nintendo president Shuntaro Furukawa, is because the Nintendo Switch sold better than expected and Nintendo thinks based off that, Nintendo Switch systems will sell even better during the holiday season—October through November tend to pwn all of the other quarters in performance, so they expect the whole year will be better than initially planned. Additionally, they think Animal Crossing fans will enjoy titles like Pikmin 3 Deluxe and Ring Fit Adventure.)

One guy asked about how China sales are doing, and Tencent apparently reports that Ring Fit Adventure, released on September 3 2020 in China, is off to a great start. By the way, Nintendo's supply issues for that game and the whole Switch console are all fixed by now. Also, while Tencent and The Pokémon Company are fine with Pokémon UNITE being cross-platform play, Nintendo has no intention of allowing that for Nintendo titles. (Note that Pokémon isn't a first-party Nintendo title.)


Furukawa also said that the Nintendo Switch is “just now entering the middle of its life cycle.” That's interesting, as competing consoles from Sony and Microsoft released this week. It's been a bit over three and a half years since the Switch came out. The Wii U was around for four years and three months until the Nintendo Switch released. If the Switch would last as long as the Wii U, there would be a new Nintendo console in June 2021. (Surprise E3 2021?) Obviously, the Switch will be lasting much, much longer than the Wii U did, well into 2024, if November 2020 is the halfway point.

By the way, while the investors wanted to know about Chinese sales trends, they didn't ask about why Nintendo thinks it's okay to profit off forced human labour in China from ethnic minorities.



Do you have another interpretation of any of the questions or answers asked of Nintendo's top executive and would like to share it? Go ahead and do so in the comments section, then.


Check out the previous question and answer session from Nintendo executives back a couple of months ago.

4 comments :

  1. I'm waiting for another Kirby game, and no Super Kirby Clash doesn't count! I wonder if Nintendo would ever go back to a non-portable console, is that even a smart idea given where they are now? I don't think (people who only own) New Horizons players need to buy other games, they probably already bought the Nintendo online membership, just to visit other islands.

    ReplyDelete
    Replies
    1. They should keep going with the portable-home console thing. It's a big winner and has a lot of advantages.

      Animal Crossers who only cross animals are missing out on a lot of fun, like... Kirby Star Allies!

      I'll keep advocating for more Kirby games in the hope that Captain Vul returns, besides obscure cameos.

      Delete
    2. Captain Vul? i haven't heard that name in a long time. Doubt he would return, he might actually be dead. Though HAL is good with fan service, and if Grill can get a cameo there's no reason he can't.

      Delete
    3. I'm demonstrably the biggest Captain Vul fan in existence...!

      He can't be dead! He tactically retreated!

      Delete

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