In their Corporate Management Policy Briefing for the Fiscal Year Ending March 2021, Nintendo had a lot to say about their future in the gaming industry.
In a Twitter thread from David Gibson, who is the Co-Founder of Astris Advisory Japan KK, Nintendo is now going to be using cutting edge technology in order to compete in the gaming industry. Before, Nintendo would use "conventional tech" that would allow them to set a lower price point and appeal to a wider userbase, but with technology becoming more intuitive for players. It's also important for Nintendo to have 5-6 hours of battery life while gaming on the go, which seems like a decent bar to set for themselves.
The English slides in the presentation are here, and they are fairly illuminating. There are over 200 million Nintendo accounts worldwide, as well as over 26 million Nintendo Switch Online Memberships as of this month. In the future, Nintendo will try and ensure their continued growth by "releasing attractive titles and enriching the Nintendo Switch Online service." Yes, please.
As of this quarter, Nintendo has also crossed over the 50% mark for the first time in Nintendo Switch downloadable sales, settling in at a 50.3% ratio. They've also sold over 50 million titles digitally, which is quite impressive.
Going forward, Nintendo promises to be careful and respect their many properties so that they can "serve as a valuable entry point for consumers to connect with our games." Makes sense. There's a reason why Nintendo has been doing so well for so long, and it would be foolish to disregard that now.
In related news, Nintendo has said that they plan to have additional visual media adaptations of their properties in 2022 beyond the Mario film Thus, you can expect to see some different things possibly like TV shows or comic books to leverage their IP.
For everything else Nintendo (including our coverage of a Nintendo Direct Mini tomorrow at 10 AM EST), be sure stay tuned to TechRaptor.
What did you think of Nintendo's presentation? Let us know in the comments!