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TOKYO: Nintendo<\/a> Co Ltd on Thursday cut its full year Switch sales forecast by 6% and said it is struggling to meet demand in the key year-end shopping season as chip shortages disrupt production of the hit device.
While many companies have warned of the risks posed by the global semiconductor shortage, most have stopped short of cutting targets. Toyota Motor Corp was also an exception on Thursday, cutting its vehicles sales outlook for the year to end-March.
\"We can't produce enough to meet the demand we are expecting during the upcoming holiday season,\" Nintendo<\/a> President Shuntaro Furukawa told a news briefing as the Kyoto-based company revised down its Switch sales target to 24 million units.
\"Currently there is no sign of improvement and the situation continues to be severe so I can't say how long it will continue,\" he said.
Second-quarter operating profit tumbled 32% from the same period a year earlier to 100 billion yen ($880 million), but the gaming firm lifted its annual forecast 4% to 520 billion yen, helped by a weaker yen.
Sales of the Switch device - now in its fifth year on the market - slumped by a third to 8.28 million units in the six months to end September from the same period a year earlier.
There was a smaller year-on-year decline in software sales and Nintendo raised its full year software forecast by 5% to 200 million units. It commonly raises targets widely seen as conservative during the financial year.
\"That is with a weakening corona effect and without an epic blockbuster like \"Animal Crossing\" this time around,\" said Serkan Toto, founder of the Kantan Games consultancy, referring to the boost from stay-at-home gaming during the pandemic.
With console gaming a cyclical business and Nintendo highly dependent on a single system, the timing of peak Switch sales is the focus of intense debate among investors and analysts.
Nintendo launched the $349.99 Switch OLED model on Oct. 8 but it remains in short supply in many markets.
Early data shows the improved model giving sales a bump. However, some observers worry that many buyers are likely upgraders rather than new customers, diminishing the potential bounce for software sales.
\"Our main concern is still a lackluster game pipeline combined with a sharply declining tie-ratio that is likely to drive earnings lower,\" Jefferies analyst Atul Goyal, who has downgraded Nintendo to underperform, wrote ahead of earnings.
The tie-ratio is a closely watched indicator that refers to the amount of software bought by hardware owners.
Nintendo continues to line up high profile releases for the system, with \"Pokemon<\/a>\" remakes launching later his month and a new title, \"Pokemon<\/a> Legends: Arceus\", going on sale in January.
Nintendo shares closed down 1.7% ahead of earnings and have lost 25% this year.
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东京:任天堂开关有限公司周四下调了全年销售预期下调了6%,并表示它正在努力满足需求在年终购物季的关键芯片短缺影响生产的设备。
虽然许多公司警告称,全球半导体短缺带来的风险,大多数都没有削减目标。丰田汽车公司(Toyota Motor Corp .)周四也是一个例外,削减汽车销售前景车厂。
“我们不可能既生产足以满足需求,我们预计在即将到来的假日季节,”任天堂Shuntaro总统告诉新闻发布会上为古河道位于京都公司下调销售目标切乐动扑克换到2400万辆。
“目前没有改善的迹象,情况仍然是严重的,所以我不能说它会持续多久,”他说。
第二季度营业利润较上年同期下跌32%至1000亿日圆(合8.8亿美元),但游戏公司解除其年度预测4%至5200亿日圆,得益于日元走弱。
开关设备的销售,现在市场上的第五年,下跌了三分之一至828万辆的6个月结束9月从去年同期。
有一个小软件销售同比下降和任天堂上调全年软件预期下调5%,至2亿辆。通常提高目标广泛视为保守的财政年度期间。
“电晕效应减弱,没有史诗大片,像“动物穿越Serkan说:“这一次,托托,Kantan游戏咨询公司的创始人,他指流感大流行期间全职游戏的刺激。
与业务和任天堂游戏机周期性高度依赖于一个单一的系统,开关销售高峰时间是投资者和分析师之间的激烈辩论的焦点。
任天堂推出10月8日的349.99美元开关OLED模型但仍在许多市场供不应求。
早期数据显示,改进后的模型给销售一个肿块。然而,一些观察人士担心,许多买家有可能升级,而不是新客户,减少潜在的软件销售的反弹。
“我们的主要问题仍然是一个黯淡的游戏管道结合tie-ratio急剧下降,可能会降低收益,”Jefferies分析师Atul Goyal下调任天堂表现不佳,之前写的收入。
tie-ratio是一个备受关注的指标,是指软件购买的硬件拥有者的数量。
任天堂继续排队高调发布系统,与“口袋妖怪“重新启动后,他的月和一个新的头衔,”口袋妖怪传说:Arceus”,今年1月开始发售。
任天堂股价收跌1.7%收益和今年以来已下跌25%。
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