Hardware sales decreased from 29 to 23 million units during the last fiscal year as a consequence of the late phase of the Nintendo Switch console lifecycle. On the contrary, software sales performed quite well, increasing from 230 to 235 million units (the highest annual figure ever achieved in this segment) with "Pokémon Legends: Arceus", "Pokémon Brilliant Diamond", and "Pokémon Shini ng Pearl" as the most successful video game releases.
Moreover, "Nintendo Switch Sports" was released at the end of April 2022 as an innovative video game within the sports genre. The company expects to sustain as many hardware sales as possible by offering the console along with this video game and the upcoming "Pokémon Scarlet" and "Pokémon Violet", whose release date will be on November 18th, to expect the Christmas campaign demand peak for both video games and consoles.
I encourage you to check this stock pitch and the financial model provided below, plus an Equity Research Report about the company. You can learn more about the company and its upcoming future for the current platform and the ongoing development of the next console release, which will be the key event for the future company's performance:
https://docs.google.com/spreadsheets/d/1zaVpMcZjedWVm8EE3XxgMJxj4JukErFy/edit#gid=1251653678
https://drive.google.com/file/d/1NRgi48l-3APRECJ5w2jcr5avBwcZhW86/view
You will realize the outlook is quite positive for the company and the industry overall. As an industry leader that has shown a stable business model throughout several decades, this will serve you well to deepen your knowledge of the gaming industry as well, especially concerning video games and consoles rather than accessories.
I am now looking for new job opportunities being my last position as equity and fixed-income analyst, so you can also contact me in case you might be interested in meeting me personally. You can contact me via email or LinkedIn regarding this matter, or if you have any doubts about the company or the video game industry:
https://www.linkedin.com/in/gonzalomy/
https://drive.google.com/file/d/1X2RvkiB5YR5iEHf-z2PQK3sr0SxT6jpz/view?usp=drive_link
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