Over the years, very few companies have managed to leave a mark on the gaming industry. From developers like Ubisoft and Electronic Arts to console manufacturers like Xbox and PlayStation, these are the ones that have shaped the market. Nintendo, the developer behind franchises like Animal Crossing and systems like the Switch, has also etched itself in the hearts of gaming fans around the world.

Nintendo started out with the NES in 1983, which included games like the Super Mario Bros. 38 years later, the company manufactures the Switch, which includes titles like Splatoon, and Super Smash Bros. Ultimate. Recently, it revealed its financial report of the fiscal year, and the figures are jaw-dropping.

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Animal Crossing New Horizons and Mario Kart 8 Deluxe continue to sell like hot cakes

Nintendo had its most successful year yet, even though the world faced a tough time with the COVID pandemic. The financial report for the fiscal year revealed that the company’s profits increased by 82 percent to $5.9 billion.

Other than that, Nintendo also had its second-best performance in terms of revenue after earning $16.1 billion, which almost broke the record of $16.8 billion set in 2009. But it’s pretty safe to assume that the company would be satisfied with a 34 percent increase in revenue, even with a global pandemic.

The primary cause for Nintendo’s major success lies in the popularity of its major IPs. This includes the highly successful Animal Crossing: New Horizons, which sold almost 20.9 million units last year, increasing its total tally to 32.6 million copies. Other than that, the widely popular Mario Kart Deluxe 8, also sold 10.62 million units last year, bringing its lifetime sales to 35.4 million.

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Nintendo Switch is still the king

The Nintendo Switch is still one of the more popular consoles available in the market, and the report proves its popularity. The console sold 28.8 million units last year, which was a 37.1% increase from 2019. Nintendo has now sold almost 84.59 million units since its release in March 2017.

In a time where many companies had a tough time staying afloat, Nintendo continues to claim its dominance on the market. It has some of the most popular IPs in the world like Mario, and Pokemon. But along with that, the company also has a console in the Switch that can take advantage of these franchises. This deadly combination is the reason Nintendo is at the top and looking down upon its competitors.

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