Nintendo Switch posts strong Q1 results, but sales and profit falls

Originally published on GamesIndustry.biz by Christopher Dring

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Nintendo has posted strong Q1 numbers for the first quarter of its financial year, but sales and profit dropped compared with the same period the year before.

The company posted net sales of ¥322.6 billion ($2.94 billion) for the three months ending June 30, 2021, which is a drop of nearly 10% over the same period the year before. Net profit fell to ¥92.7 billion ($846 million), which is a drop of almost 13%.

The reasons for the decline is due to an exceptional first quarter in 2020 for Nintendo, which was boosted by worldwide lockdowns caused

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