Updated: January 31, 2020 4:13:48 pm
Nintendo Co Ltd CEO Shuntaro Furukawa mentioned on Friday the gaming firm has no plans to launch a recent Switch model this year, dampening rumours it would supply an upgraded model of the hit gadget.
Nintendo launched a handheld-only model of its console in September, driving demand for the Switch by the year-end procuring season.
The Kyoto-based firm has lengthy been rumoured to be making ready an upgraded model of the hybrid home-portable Switch because it nears the tip of its third year out there.
The firm’s shares have been buying and selling down almost 5 per cent in Tokyo, their lowest since early November. The benchmark index was up 1.Four per cent.
Furukawa’s feedback got here a day after the corporate upgraded its Switch gross sales forecast for the year ending March to 19.5 million items from an earlier outlook of 18 million items, with the new quantity seen as conservative by many analysts.
Nintendo has already offered 17.7 million items within the 9 months ended December, taking complete Switch gross sales to greater than 52 million items, with the launch of an Animal Crossing title in late March possible to assist enhance gross sales.
Mobile video games stay a small proportion of Nintendo’s gross sales and are gradual to come back to the market with little of the aggressive in-game monetization typically present in titles from rivals.
The cell enterprise is fulfilling the perform of accelerating person interplay with Nintendo’s roster of characters, Furukawa mentioned, utilizing language that leaves some traders involved that this is a larger precedence than growing gross sales.