Japanese giant Nintendo has released its financial report for the first quarter of the fiscal year ending March 2024. According to the report, net sales for the first quarter of the fiscal year increased by 50.0% to 461.3 billion yen ($3.2 billion).
The increase in numbers mostly came from the flagship game The Legend of Zelda: Tears of the Kingdom and the theatrical release of The Super Mario Bros. Movie, which increased the sales of Mario Kart 8 Deluxe and other Mario-related titles posted solid sales.
The new title, The Legend of Zelda: Tears of the Kingdom, sold 18.51 million units during the first quarter, which not only significantly increased software unit sales but also drove hardware sales. Unit sales for the entire Nintendo Switch family of systems rose by 13.9% year-on-year to 3.91 million units. Software unit sales grew by 26.1% year-on-year to 52.21 million units.
Nintendo Switch sales have increased year-over-year, helped by sales of the Nintendo Switch ‒OLED Model. The number of annual playing users between July 2022 and June 2023 was the highest ever, exceeding 116 million users.
The full report can be read on Nintendo’s official website.
