Nintendo Co Ltd sold 18.95 million Switch video game consoles in the nine months to the end of December, the Japanese company said on Thursday, bringing total sales to over 100 million and surpassing the lifetime sales of its Wii console. .
Although the figure exceeded the 24.1 million Switch units sold in the same period a year earlier, the milestone highlights continued demand for the device, which is in its fifth year on the market.
The Kyoto-based game maker is looking to extend the life of the old system, launching an OLED model in October that had sold 3.99 million units by the end of the year.
Nintendo cut its full-year Switch sales forecast to 23 million units from 24 million previously. The play follows an opponent Sony Group on Thursday as manufacturers grapple with component shortages.
Nintendo sold 11.8 million home portable Switch units and 3.2 million Switch Lite units for portable devices alone in the first nine months of the fiscal year.
Money is flooding the gaming industry as new entrants target players’ wallets and incumbents add developer capacity as online and cloud gaming expands.
While not opposed to making deals, Nintendo president Shuntaro Furukawa told a news conference, “It wouldn’t be an advantage to suddenly bring in people who don’t have Nintendo’s way of thinking.”
Furukawa said that Nintendo could look into the possibility of the metaverse, but would only consider it when it could deliver the “surprise and fun” that the company is focused on.
Operating income from October to December rose 10% year-on-year to 252.5 billion yen ($2.2 billion), and Nintendo raised its full-year profit forecast by 8% to 560 billion yen.
Nintendo also reported continued strong software sales. Titles expected to drive future demand include “Pokemon Legends: Arceus,” which released on January 28 and received praise as a groundbreaking entry in the long-running series.
A sequel to “Legend of Zelda: Breath of the Wild,” which has sold more than 25 million units, is also scheduled for release this year.