February 6 news, recently Nintendo released the third quarter of fiscal 2022 (October 2021 - December 2021) financial report, the quarter of Nintendo revenue of 6.27 billion US dollars, an increase of 9.3% over the same period last year, operating profit of 2.27 billion US dollars, an increase of 10% over the same period last year. During the quarter, despite chip shortages, Nintendo sold 10.67 million Switch and 85.41 million copies of gaming software.
Nintendo said the third quarter of fiscal 2022 was the best performing quarter of the Switch generation and the second best quarter ever for Nintendo. Driven by strong software sales and OLED Switch models, digital content + subscriptions increased 31% from the same period last year.
In terms of Nintendo's fiscal 2022 Q3 revenue, of which console hardware/accessories reached $3.3 billion, accounting for 53%; Physical game software reached $1.83 billion, accounting for 29%; Digital game software reached $560 million, or 9%; Subscriptions/DLC/digital games reached $440 million, or 7%; Mobile + IP licensing reached $130 million, accounting for 2%.
Another exciting news is that as of December 31, 2021, the Switch has sold more than 103 million units, sold more than 766 million software units, exceeded the speed of PS4 and Wii, and surpassed the Wii (101 million) and PS1 (102 million).
According to the version and regional analysis of sales, the Switch has sold 81.68 million units, the Switch Lite has sold 17.87 million units, and the latest Switch OLED has sold 3.99 million units.
By region, Japan sold 24.36 million Switch consoles, the Americas reached 40.12 million, Europe 26.98 million, and the rest of the world sold 12.09 million.
As of December 31, 2021, Pokémon: Crystal Diamond/Brilliant Pearl has sold 13.97 million copies, making it the ninth best-selling first-party game on The Switch. In comparison, Pokémon: Day/Month sold 14.61 million units during the same period.
As of December 31, 2021, the top-selling first-party games on the Switch were 8.85 million super mario 3D world +BF, 5.43 million mario party superstars, 3.85 million zelda legends: Sword of Heaven HD, 2.36 million new Pokémon Snap, 2.26 million mario golf super rushes, and 2.26 million galaxy warriors: survival fear. A total of 2.74 million units were sold.
All told, Nintendo Switch software sales have now exceeded 766.41 million units, and October-December was the best quarter of software sales ever, driven by Pokémon, other new games, and traditional games.
In the five years since its release, Switch has released a total of three hardware products, namely Switch, Switch Lite and Switch OLED, and there may be a Switch Pro version in the future, providing better screens and stronger hardware performance, which will also drive Switch's sales to achieve another big leap forward.
Although the good news in the earnings report continues, Nintendo is conservative about the next quarterly performance. Considering that Switch is currently in the middle of its life cycle, sales momentum is gradually weakening. Chip shortages and logistics congestion have also been important deceleration factors in Switch's expansion, with Nintendo expected to ship 23 million Switch in the fiscal year ending march 2022, down from the 24 million previously expected.
At an investor meeting after the earnings report, Mr. Furukawa reiterated that Nintendo would not change its investment strategy and said that it would not oppose the acquisition if necessary.