Nintendo delivered some anticipated news to Switch gamers by releasing its year-end financial results and confirming its plans to announce a successor to the console by April 2025.
Company President Shuntaro Furukawa said that the Japanese company will announce the next generation of the Switch gaming platform later this fiscal year with a deadline of March 31, 2025.
This date coincides with current rumors that the next generation of the Switch gaming platform will be launched in the first quarter of 2025.
Regarding the Switch 2 release, Furukawa said: “We will announce the Switch successor later this fiscal year.” It's been over nine years since the Switch was released in March 2015. We'll be hosting a Nintendo Direct next June to reveal the Switch's software lineup in the second half of 2024. Please note that there's no mention of a successor to The Switch. This speech. "
At the same time, Nintendo expects Switch sales to decline, expecting the company to sell 13.5 million Switch units this year, compared to 15.7 million units sold in the previous fiscal year.
Net profit is also expected to decline by 39% next year, and sales are expected to decline by 19%.
Sales of inverters have declined since their peak in 2021, while annual sales of models with OLED displays rose slightly by 1.1%.
User numbers on the console are still good: Nintendo said its annual player count reached 123 million between April 2023 and March 2024, the highest number since the launch of the Switch.
Nintendo has not abandoned the current generation of the Switch platform, and as the company said before, it will not try to put just one system in every home, but rather multiple systems in every home, or even one system for each person.
Thanks to the release of the Super Mario Bros. movie, the Japanese giant has managed to extend the life of the Switch. last year. The film and game The Legend of Zelda: Tears of the Kingdom led to increased interest in the platformer and related games.
Through the new platform, Nintendo wants to benefit from the interest in its famous characters and boost sales of its hardware business.