Nintendo Co.’s Switch game console is in the middle of its life cycle, and the company is preparing to give it a boost with a big injection of new games in the next year and beyond, company president Shuntaro Furukawa said in an online briefing on Wednesday. .
Released in 2017, Switch is now in its fourth year on the market, but is experiencing its fastest sales, boosted by the success of Animal Crossing: New Horizons and a global increase in demand for entertainment caused by coronavirus lockdowns.
Nintendo’s last quarter earnings far exceeded expectations and showed an accelerated shift towards digital downloads as a share of software sales. However, the company said on Wednesday that recent reopening of retail stores has pushed the download ratio of sales down.
Read more: Nintendo plans to upgrade switch console and larger games by 2021
The Kyoto-based game stabilizer is planning an upgraded version of the Switch console and an accompanying slate with big name titles for next year, Bloomberg News reported in August. Looking forward to 2021 and beyond, Furukawa said Nintendo is planning “many games” for the Switch, adding that the company intends to “continue to develop hardware to pursue unique entertainment offerings” without providing further details.
This year’s holiday season will be a hotly contested time for console manufacturers Microsoft Corp. and Sony Corp. plans to release new generations of their Xbox and PlayStation families. Nintendo probably won’t suffer too much from a drop-off from its terrible year of Switch sales, according to Katsuhiko Hayashi of industry tracking Famitsu Group.
“Our data suggests that the switch has not yet met demand,” Hayashi said. “Switch sales are likely to gain further momentum by the end of the year.”