Tears of the Kingdom drives Nintendo sales up 50% year-on-year
Nintendo has released its financial results for the three months ended June 30, 2023, therefore including the release of The Legend of Zelda: Tears of the Kingdom.
Unsurprisingly, the Japanese company has had a very successful quarter, but hasn't revised its forecast upwards for the full year.
Nintendo has had success across the board during its Q1 for FY2024, with Zelda: Tears of the Kingdom selling 18.51 million units as of June 30 (the title released on May 12). Nintendo indicated that the title sold 15.7 million units in just eight weeks.
Sales across its video game platform business segment (which includes hardware, software both physical and digital, and accessories) was up 44.6% year-on year, reaching ¥427 billion ($2.99 billion).
The Super Mario Bros Movie also contributed to Nintendo's good performance during the quarter, with the company saying it "positively impacted sales of Mario related titles." That included Mario Kart 8 Deluxe selling an additional 1.67 million copies during the quarter, bringing its lifetime total to 55.46 million units sold.
But that also included its mobile segment, with Nintendo saying that the combination of "high level of audience engagement" with the film as well as increased income from royalties helped drive its mobile and IP-related business segment to ¥31.8 billion ($222 million) in sales, a 190.1% rise year-on-year.
The Super Mario Bros Movie has been seen by over 168 million people worldwide as of July 30, Nintendo said, with box office revenue reaching $1.34 billion as of July 26. That makes it the "highest ever for an original film based on a video game, and the second-highest for an animated film," the firm said.
Looking at hardware, the Nintendo Switch sold 3.91
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