In the financial year ending March 2023, Nintendo generated around 4.5 billion U.S. dollars in revenue in the United States. This accounted for over a third of its annual revenues, making the U.S. the largest market for Nintendo. Europe followed, where Nintendo generated nearly three billion U.S. dollars in sales revenue. Overall, Nintendo’s total revenue for FY 2023 was over 12 billion U.S. dollars, marking a decrease of around two million U.S. dollars compared to the previous year. This continues a trend of declining revenue that began after reaching a decade high of 15.9 billion U.S. dollars in FY 2021.
Nintendo Switch tops the market
The Nintendo Switch has been a major revenue driver for the company, accounting for over 94 percent of Nintendo’s revenue in that year. Since its launch in 2017, the Nintendo Switch has sold nearly 130 million units and has consistently outperformed other current-generation consoles in global sales each year, up until 2022. Nintendo’s game consoles have always enjoyed global popularity, with three of its consoles ranking among the top 5 best-selling game consoles of all time. Notably, Nintendo is the only company to have a current-generation console among the top- 5 all-time best-selling game consoles.
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Nintendo. (May 9, 2023). Revenue of Nintendo worldwide from fiscal year 2014 to 2023, by region (in million U.S. dollars) [Graph]. In Statista. Retrieved July 13, 2024, from https://www.statista.com/statistics/216627/revenue-of-nintendo-by-region/
Nintendo. "Revenue of Nintendo worldwide from fiscal year 2014 to 2023, by region (in million U.S. dollars)." Chart. May 9, 2023. Statista. Accessed July 13, 2024. https://www.statista.com/statistics/216627/revenue-of-nintendo-by-region/
Nintendo. (2023). Revenue of Nintendo worldwide from fiscal year 2014 to 2023, by region (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 13, 2024. https://www.statista.com/statistics/216627/revenue-of-nintendo-by-region/
Nintendo. "Revenue of Nintendo Worldwide from Fiscal Year 2014 to 2023, by Region (in Million U.S. Dollars)." Statista, Statista Inc., 9 May 2023, https://www.statista.com/statistics/216627/revenue-of-nintendo-by-region/
Nintendo, Revenue of Nintendo worldwide from fiscal year 2014 to 2023, by region (in million U.S. dollars) Statista, https://www.statista.com/statistics/216627/revenue-of-nintendo-by-region/ (last visited July 13, 2024)
Revenue of Nintendo worldwide from fiscal year 2014 to 2023, by region (in million U.S. dollars) [Graph], Nintendo, May 9, 2023. [Online]. Available: https://www.statista.com/statistics/216627/revenue-of-nintendo-by-region/