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    Nintendo’s profit drops from last year’s pandemic boom

    By SHOOTUpdated:No Comments1686 Views
    A man walks by in front of poster of Nintendo in Tokyo on Dec. 17, 2019. Japanese video game maker Nintendo announced Thursday, Nov. 4, 2021, that its fiscal half profit dropped 19% from the previous year, which had gotten a big lift as people stuck at home for the coronavirus pandemic turned to its products. (AP Photo/Koji Sasahara)

    By Yuri Kageyama, Business Writer

    TOKYO (AP) --

    Japanese video game maker Nintendo's profit dropped 19% in the first half of its fiscal year from the previous year, when it received a big lift as people stuck at home by the coronavirus pandemic turned to its products.

    Kyoto-based Nintendo Co. reported Thursday a 171.8 billion yen ($1.5 billion) profit for the April-September period, down from 213 billion yen in the same period the previous year.

    Fiscal half sales slipped 19% to 624 billion yen ($5.5 billion). It did not break down quarterly numbers.

    Nintendo, which is behind the Super Mario and Pokemon games, was among the global companies that received a boost from the pandemic by providing at-home entertainment.

    That's why Nintendo enjoyed strong sales of its game "Animal Crossing: New Horizons" in the April-September period the previous year. That momentum was hard to maintain into this year, although the game was so popular that it also boosted sales of the Nintendo Switch machines.

    But a shortage of computer chips caused by the pandemic is hurting production of those machines. Nintendo lowered its forecast for Switch hardware sales for the second fiscal half by 1.5 million units to 24 million.

    The year-end holidays are critical for Nintendo's sales. So far, Nintendo has sold nearly 9.3 million Switch machines worldwide, including the Switch Lite version.

    Overall, sales of Nintendo's downloaded software were mixed, while its mobile sales failed to grow as people continued to enjoy older releases, Nintendo said.

    Some new games sold well, including "The Legend of Zelda: Skyward Sword HD," which sold 3.6 million units, as well as "New Pokémon Snap," which sold 2.2 million units, according to Nintendo.

    Nintendo said it's banking on its collaboration with U.S. software company Niantic to develop a new application for smart devices called "Pikmin Bloom," which has been gradually distributed since last month.

    "We will focus our efforts on encouraging more consumers to continue to enjoy playing this application along with the others that we have previously released," Nintendo said in a statement. 

    Pikmin are tiny creatures featured in games created by Nintendo star developer Shigeru Miyamoto. Niantic is best known for developing augmented reality mobile games such as "Pokemon Go."

    Nintendo expects a profit of 350 billion yen ($3 billion) for the full fiscal year through March 2022, down 27% from the previous fiscal year.

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    Tags:Nintendo



    William Dafoe, Jonathan Bailey and Peter Dinklage join the voice cast for Starburn Industries’ “Lincoln in the Bardo”

    Friday, August 28, 2026
    Peter Dinklage (photo by Whitney Matewe)

    Actors Willem Dafoe, Jonathan Bailey and Peter Dinklage have joined the voice cast of Starburns Industries’ “Lincoln in the Bardo,” based on acclaimed author George Saunders’ New York Times bestseller and 2017 Booker Prize-winner.  Saunders adapted the screenplay, with Academy Award-nominated filmmaker Duke Johnson directing.  It was announced earlier that Tom Hanks stars as the 16th President of the United States, Abraham Lincoln, in the live action portion of the film.  CAA Media Finance and WME Independent are handling sales at the upcoming TIFF: The Market.

    The film employs a unique blend of stop-motion animation and live action to explore one of the most intimate moments of Lincoln’s life, centering on his relationship with his recently deceased eleven-year-old son.  Blending history and imagination, the story unfolds through an unforgettable ensemble of characters – living and dead, historical and invented – to explore themes of love, empathy, and the human capacity for connection in the face of unimaginable grief.

    Reverend Everly Thomas – the ghost of a minister who died believing he would go to heaven, but, to his dismay, found out otherwise – is voiced by Dafoe.  Bailey is voicing Roger Bevins, the ghost of a young gay man who took his own life over a failed love affair and instantly regretted it.  Dinklage is voicing Hans Vollman, a ghost obsessed with his dream of being reunited with his much-younger wife.

    Four-time Academy Award nominee Dafoe’s credits include animated films “Finding Nemo,” “Fantastic Mr. Fox” and “The Boy and the Heron,” as well as “At Eternity’s Gate,” “The Florida Project,” “Shadow of the Vampire” and seminal Vietnam movie... Read More

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