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The lack of chips also plagued Nintendo’s problem. The Japanese video game company’s profits were 19 percent lower than a year earlier in the semi-annual business that closed in September, he writes. world economy. All this despite the fact that due to the pandemic, many consumers have stayed at home and tried to spend their free time with the products made by the company.
Analysts had previously expected a slight decline of 14 percent. On the other hand, Kyoto’s turnover fell by a fifth to $5.5 billion, and it managed to make a profit of 1.5 billion yen.
In addition to the much weaker-than-expected results, fans and contributors may also be concerned about the outlook, as the global chip deficit doesn’t spare Nintendo either: The Switch, for example, could be sold as a home and portable console for just 24 million this year. It was planned.
The situation cannot be resolved at Christmas either. In terms of sales, the year-end vacation period is always key, in addition, the company’s sales in the first half were less than a third, amounting to $ 8.3 million, and it is expected that it will not be able to meet the increasing demand.
However, higher-than-planned software sales could offset the effects of component shortages. As a result, Nintendo hasn’t changed its revenue forecast.
