Nintendo Announces Upcoming Switch Successor
In a recent financial report, Nintendo confirmed plans to announce a successor to its popular Switch console sometime before March 2025. While details remain scarce, the company did not specify whether the new console would launch within the current fiscal year or if only its plans would be revealed.
"We will make an announcement about the successor to Nintendo Switch within this fiscal year," stated Nintendo president Shuntaro Furukawa. "It will have been over nine years since we announced the existence of Nintendo Switch back in March 2015."
Strong Financial Performance
Tears of the Kingdom."
Net profit for the fiscal year reached 490.6 billion yen ($3 billion), compared to 432.7 billion yen in the previous year. Annual sales also increased by 4% to 1.67 trillion yen ($11 billion), with nearly 80% of sales coming from outside Japan.
Popular Titles and Movie Boost Sales
Tears of the Kingdom" with 20.6 million units sold, "Super Mario Bros. Wonder" with 13.4 million units, and "Pikmin 4" with nearly 3.5 million units. The release of "The Super Mario Bros. Movie" also contributed to sales growth.
Weaker Yen and Future Outlook
The weaker yen against the dollar further boosted Nintendo's financial performance, increasing the value of overseas earnings in yen. The U.S. dollar averaged around 151 yen over the past fiscal year, compared to 133 yen in the previous year.
While Nintendo did not provide quarterly figures, the company expressed less optimism about its financial results for the fiscal year ending in March 2025, forecasting a net profit decline to 300 billion yen ($1.9 billion).
Continued Focus on Games and Expansion
Despite the anticipated decline, Nintendo remains committed to delivering engaging games. The company recently released "Endless Ocean Luminous," a virtual scuba diving adventure, and plans to release "Luigi's Mansion 2" next month.
Additionally, Nintendo is developing a new film for worldwide release in April 2026. The company also anticipates increased fan engagement with the opening of Donkey Kong Country in Universal Studios Japan and a Nintendo museum in Kyoto, both scheduled for later this year.