spot_img
6.6 C
London
HomeTop Global NewsNintendo sets sales records with Pokémon Scarlet and Pokémon Violet

Nintendo sets sales records with Pokémon Scarlet and Pokémon Violet

Nintendo said that the Pokémon Scarlet and Pokémon Violet games for Nintendo Switch set all-time sales records for the company. Pokémon is one of Nintendo’s longest running and most popular franchises.

Guillaume Payen | Sopa Images | Lightrocket | Getty Images

nintendo said on Thursday that the latest Pokémon games have set sales records at the Japanese gaming giant as it continues to pump out blockbusters ahead of the crucial holiday season.

The Kyoto, Japan-headquartered company said that sales of the Pokémon Scarlet and Pokémon Violet games for Nintendo Switch exceeded 10 million units in the first three days since their global launch on November 18.

Related Investment News

This is a large-cap stock to buy -- because its CEO is a 'significant visionary,' strategist says
cnbc pro
This is a large-cap stock to buy — because its CEO is a ‘significant visionary,’ strategist says

This is the highest level of sales for a game debut in Nintendo history.

Nintendo’s success with Pokémon comes two months after Splatoon 3 set a domestic sales record in Japan, a sign the gaming giant is hitting the mark with players ahead of the holidays.

Pokémon is one of Nintendo’s most recognizable and longest-running franchises. Nintendo breathed new life into the series by releasing Pokémon Sword and Pokémon Shield three years ago and Brilliant Diamond and Shining Pearl last year.

Pokémon Scarlet and Pokémon Violet differ in that they are open-world games, allowing players to explore the game’s environment without completing missions in a linear manner.

2020 and 2021 saw a boom in the video game industry during the COVID-19 pandemic as people were stuck at home during lockdowns. But as economies have reopened, the industry has begun to return to normal, which has weighed on video game giants including Nintendo, Sony And Microsoft,

“With the new Pokémon, Nintendo accomplished a rare feat among all video game companies: scoring two blockbusters in a difficult 2022 for the industry,” Serkan Toto, CEO of Tokyo-based consultancy Kantan Games, told CNBC.

“Sure, Pokémon is almost always a safe bet, but the new title has exceeded expectations, just like Splatoon 3 did earlier this year.”

Investors have been rooting for Nintendo for its recent blockbusters. Shares of the company are up more than 11% this year, outperforming Japan’s benchmark Nikkei 225 index. In September, Nintendo did a 10-for-1 stock split, which also boosted sentiment.

Nintendo also has a strong pipeline of games. Toto expects The Legend of Zelda: Tears of the Kingdom to be the company’s next big hit in May.

But Nintendo isn’t the only gaming giant entering the holiday season in strong fashion.

Sony said on Wednesday that the God of War Ragnarok title for its PlayStation console sold 5.1 million copies in its first week, making it the fastest-selling debut of any first-party game for the company. First-party games are those made by gaming studios owned by Sony.

Sony shares closed up more than 2% in Japan on Thursday.

spot_img

latest articles

explore more

LEAVE A REPLY

Please enter your comment!
Please enter your name here