“Animal Crossing” brings Nintendo jump in profit

Tokyo (AP) – A new game from the “Animal Crossing” series has become a money machine for Nintendo amid the Corona crisis. The Japanese video game specialist posted a profit of 106.6 billion yen (around 852 million euros) in the last quarter – six times more than a year earlier.

“Animal Crossing: New Horizons” sold Nintendo 10.63 million copies. Around half of this was accounted for by online purchases, which are more lucrative given the lower distribution costs. The game, which is about colonizing an island world, was bought around 12 million times when it launched in March.

Nintendo was able to more than double its sales in the first quarter of the fiscal year, which ended at the end of June, with a good 358 billion yen (around 2.9 billion euros). The success of Animal Crossing is also driving sales of the Switch game console – it jumped to 5.68 million devices from 2.13 million a year ago.

Nintendo nevertheless left the forecast for the fiscal year that will run until the end of March 2021 unchanged, in which the group expects less sales and profits. With the Switch, Nintendo continues to indicate the expected sales for the fiscal year at 19 million devices. The financial service Bloomberg reported meanwhile that the orders from suppliers had already been increased to 22 million consoles in the spring – and now the company has raised the production target to 25 million. There will be new competition in the Christmas business: Then the rivals Sony and Microsoft want to bring the new generations of their consoles Playstation and Xbox onto the market.

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