Nintendo will have record profits, as in the Wii era, from confinement

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Nintendo will achieve financial results similar to those of the Wii era when it presents its next earnings report on Thursday, 7 May, for the January-March 2020 quarter. The Japanese brand, according to analysts, has benefited from the confinement caused by the coronavirus pandemic, increasing sales of Nintendo Switch and Animal Crossing: New Horizons, which is benefiting game and console sales in general.

Some analysts say that Nintendo will report operating profits of 54 billion yen between January and March 2020, a figure not reached since the heyday of Wii.

Nintendo could probably sell several times its inventory right now, but this is prevented by production and distribution problems that the Japanese brand is facing after the closure and subsequent phased recovery of factories in Asia and distribution centres.

This has led to difficulties in finding Nintendo Switch, Nintendo Switch Lite and physical games in various countries, including the United States. The company predicted that in the last quarter of the fiscal year they would reach 19.5 million consoles sold over the last year. By the end of December, they had sold 18 million. In total, and as of December 31, 2019, the company has placed 52.48 million Switches since its launch.

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