Nintendo’s Annual General Meeting of Shareholders meeting tends to tease investors with new reasons to continue supporting their stocks. When the Q & A Summary releases to the public, many people read it in full in an attempt to identify the items gamers get to look forward to learning about over the coming weeks, months, and years. We recently discovered Nintendo plans on supporting the indie community in the future with 20 – 30 releases per week, but it sounds like gamers will have plenty more in store for them for the remainder of the year.
When asked about how they plan to combat the drop in share price after their E3 2018 Direct, along with further details about their plan to attract new gamers during the fall and holiday seasons, Tatsumi Kimishima discussed that Nintendo still has yet to announce their full lineup of games coming out the latter half of this year. Though unknown games are coming than the ones previously announced, Kimishima continues on to inform shareholders that Nintendo is “…not yet at the point where we can announce our entire product lineup, including products that will be released during the holiday season.”
Nintendo is aiming to sell 20 million units during this fiscal year, so it will be interesting to see what unannounced projects they reveal to increase this momentum through the holiday. See below for Kimishima’s full statement:
“We have been putting forth our best effort to be ready to release information to consumers at the appropriate time. We are not yet at the point where we can announce our entire product lineup, including the products that will be released during the holiday season. We are aiming to sell 20 million units during this fiscal year, the second year since the launch of Nintendo Switch, and have released first-party titles like Nintendo Labo in April, Donkey Kong Country: Tropical Freeze in May and Mario Tennis Aces on June 22. And then for the holiday season, we are planning to release Super Mario Party on October 5, Pokémon: Let’s Go, Pikachu!/Let’s Go, Eevee! on November 16, and Super Smash Bros. Ultimate on December 7. We plan to use this robust lineup, including popular titles that were already released prior to the last fiscal year, to maintain and increase the momentum we have with Nintendo Switch for the holiday season, which is the most significant period for sales. We will communicate more detailed information to consumers at a later date. “
What do you think about this announcement? What do you think Nintendo is hiding up their sleeve? And do you think it will be enough to get even more players interested in picking up a Switch for the holiday? Let us know in the comments below!
Source: Q&A Summary