Nintendo's financial report shows that sales are dropping.

The most recent Nintendo financial report indicates a 22.9% decline in hardware sales and an 8.6% decline in software sales (both year over year). The Switch is hot stuff, but it could be cooling ever so slightly. Accordingly, net sales for the same quarter of the previous fiscal year decreased to 307.4 billion yen from 322.6 billion yen. That is a 4.7% drop. The primary problem identified is the lack of semiconductors, which had an impact on output in the first quarter.

Mario Strikers Battle League has achieved over a million copies sold, while Nintendo Switch Sports and Kirby and the Forgotten Land are approaching the five million mark. This is encouraging news, however. In Nintendo's financial report, Mario Kart 8 Deluxe was the other million-seller. You know, after just eight years, the game has sold almost as much as a brand-new Mario Sports title.

In any case, Kirby's debut was huge for the franchise; in its first 15 weeks, the new game sold over 4 million copies. In April of this year, the Kirby series celebrated its 30th anniversary, and this entry has the greatest sell-through of any to yet. Let's give the pink puffball three cheers. What a guy.

However, Nintendo's financial report also included mobile and IP-related operations, with overall revenues declining by 16.8% for a total of 10.9 billion yen annually. So there's still some bad news. It's difficult to determine whether this fall is the result of individuals being less isolated or of the faltering global economy and rising living expenses across many nations, but I'm betting on the latter.

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A slide from a Nintendo financial report, showing two graphs. One shows decreased hardware sales, with the OLED Switch model coming in and taking a good chunk of total sales, while the other shows an increase on sell-through for Switch party titles. The text reads: While hardware sell-through decreased, first-party software sell-through increased year-on-year. First-party software sell-through reached the second highest level for a first quarter since the launch of Nintendo Switch.A slide from a recent Nintendo financial report which reads "Nintendo Switch Sports and other new titles helped propel sell-through." With pictures of said game, Mario Strikers Battle League, and Fire Emblem Warriors: Three Hopes below it. On the right is a graph showing an increase in annual playing users to 4 million. The text there reads: "Annual playing users continued to rise."A slide from a recent Nintendo financial report showing three Kirby games on a graph, with Kirby and the Forgotten Land selling more in 15 weeks than Kirby Star Allies and Kirby Triple Deluxe did in their lifetime. On the right, there is key art for the game and text that reads: "Kirby and the Forgotten Land, released on March 25, saw the highest sell-through for any entry in the series to date"
A slide from a Nintendo financial report, showing two graphs. One shows decreased hardware sales, with the OLED Switch model coming in and taking a good chunk of total sales, while the other shows an increase on sell-through for Switch party titles. The text reads: While hardware sell-through decreased, first-party software sell-through increased year-on-year. First-party software sell-through reached the second highest level for a first quarter since the launch of Nintendo Switch.A slide from a recent Nintendo financial report which reads "Nintendo Switch Sports and other new titles helped propel sell-through." With pictures of said game, Mario Strikers Battle League, and Fire Emblem Warriors: Three Hopes below it. On the right is a graph showing an increase in annual playing users to 4 million. The text there reads: "Annual playing users continued to rise."A slide from a recent Nintendo financial report showing three Kirby games on a graph, with Kirby and the Forgotten Land selling more in 15 weeks than Kirby Star Allies and Kirby Triple Deluxe did in their lifetime. On the right, there is key art for the game and text that reads: "Kirby and the Forgotten Land, released on March 25, saw the highest sell-through for any entry in the series to date"

In any case, watch our Xenoblade Chronicles 3 review or a gallery of noteworthy slides from the Nintendo financial report above to see if you can predict how much the game will sell.

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