Nintendo Co., Ltd. held a second quarter financial results and management policy briefing on Wednesday, November 6, 2024. The company announced that the successor model of Nintendo Switch will be backward compatible with Nintendo Switch software.
Nintendo Switch Successor to Support Backward Compatibility
Nintendo Co., Ltd. held a second quarter financial results briefing and management policy briefing on Wednesday, November 6, 2024. The company also released presentation materials on its IR website and announced that the successor model of Nintendo Switch will also be able to play software for Nintendo Switch.
Until now, new game consoles such as the Family Computer, Super Nintendo Entertainment System, Game Boy, Nintendo 64, Nintendo DS, and Wii have adopted new software formats, requiring users to purchase new software each time. It was especially inconvenient to have to take the console out of the closet to play old games.
Nintendo's philosophy is not to deny the compatibility of some consoles, such as Game Boy Advance software on the Nintendo DS and GameCube software on the Wii, but it may not be so easy to achieve.
The successor to the Nintendo Switch, which is expected to be announced by March 2025, will be able to play currently available software for the Nintendo Switch. In addition, the Nintendo Account will be able to carry over the purchase history and play records from the Nintendo Switch era, and Nintendo Switch Online will continue to be used on the successor model.
An announcement regarding the successor model of Nintendo Switch is also awaited.
Sales and profits down compared to the strong performance of the same period last year, but the company is promoting its future potential
At the management policy meeting, the company announced a significant 61.3% decrease in recurring profit compared to the same period last year. However, the company explained that this was due to the strong sales of "The Legend of Zelda: Tears of the Kingdom" and "The Super Mario Brothers Movie" in the same period of the previous year, and that Nintendo Switch-related sales remained high for the platform in its eighth year. and "The Super Mario Bros. Movie," and that Nintendo Switch-related sales have remained high for a platform in its eighth year.
He also emphasized the improved performance of Nintendo Switch since its launch and the increased sales scale of the platform through cooperation with IPs such as "Mario," "The Legend of Zelda," and "Pokémon. A new "Mario" movie is scheduled for theatrical release in April 2026, and a live-action "The Legend of Zelda" movie is currently in development.
Super Nintendo World," which opened at Universal Studios Japan in Osaka in 2021, will open at Universal Studios Hollywood in 2023. It is scheduled to open in Orlando, USA, on Thursday, May 22, 2025, followed by another in Singapore. A new Donkey Kong-themed area is also scheduled to be expanded within Universal Studios Japan by the end of 2024, and the theme park business seems to be functioning well as a new pillar.
Nintendo Co., Ltd. is committed to building long-term relationships with each and every one of its customers and to bringing smiles to as many people's faces as possible by offering entertainment that is uniquely Nintendo. "We will continue to strive to build long-term relationships with each and every one of our customers.