Nintendo has revealed that it expects hardware sales to decline by about 12% in the coming fiscal year, citing a global chip shortage that could affect Nintendo Switch and possibly rumored Nintendo Switch 2 / Pro.
In the full year income statement 2021-22 financial year, Nintendo predicted that its profit for the current fiscal year, which began in April, will decline 29% due to the projected decline in hardware sales.
By the end of 2021-2022, Nintendo forecasts to sell approximately 25.5 million Nintendo Switch consoles, a drop from the 28.8 million consoles the company sold in the fiscal year just ended, and sales increased during the increased demand for entertainment. The Covid-19 pandemic and its great success Crossing animals: new horizons.
Nintendo’s expected delivery problems are hardly surprising given the growing demand for hardware components everywhere. Analysts are too issued warnings for GeForce RTX 30 series For example, graphics cards predict low availability of these products by the end of 2021.
It is also possible that Nintendo hardware production is not limited to the Switch. If the company is actually working with the rumored Nintendo Switch 2, it is likely that the same delivery issues will affect the production of both consoles. still affects the PS5, which may lead to similar limited availability of consoles for consumers to purchase.
Because Nintendo faces a real Covid component shortage, the company can still raise profits in other business areas, such as the recently opened Super Nintendo World theme park located in Osaka, Japan, as well as its mobile division, games such as Fire Emblem Heroes and Pokémon Go continue to generate huge amounts of revenue.
While the company may struggle a little more in the hardware industry this year, Nintendo still has plenty of game launches for 2021-2022, including a recently released New Pokémon Snap, as well as the upcoming Mario Golf: Super Rush and Pokémon Brilliant Diamond and Shining Pearl remakes.