Nintendo’s fiscal year 2022 results are in, and despite a post-pandemic dip, the numbers are pretty good.
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Nintendo’s FY22 period delivered strong results while dealing with an ongoing hardware shortage. The video game giant didn’t hit all-time fiscal 2021 records in fiscal 22, but it did beat every other non-historic fiscal period since the days of the NES in 1983.
According to data provided by Nintendo and compiled and converted by us, the company provided the following revenue KPIs in FY22:
- Net sales – $14.74 billion (-11% YoY), which is the third-best all-time net sales in Nintendo’s history behind fiscal 2009 and 2021
- Operating result – $5.16 billion (-15% YoY), the second highest operating profit in history
- Net profit – $4.15 billion (-8% YoY), second highest earnings since NES era
Hardware also fell 20% to 23.06 million Switch units shipped in FY22, but this was still the second highest period for Switch hardware performance since the system launched in 2017.
FY22 saw record software sales and actually beat FY21’s game purchases.
Nintendo sold 235 million games in FY22, driven by massive hits like Pokemon Shining Pearl and Brilliant Diamond (14.65 million), Pokemon Legends Arceus (12.64 million), Mario Kart 8 Deluxe (9 .94 million), Mario Party (6.88 million) and Animal Crossing New Horizons (6.01 million).
Fiscal year 2023 is expected to decline across the board. Nintendo’s forecast for FY23 calls for net sales of $13.9 billion, which would be the 3rd best year since the launch of the Switch.