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Nintendo is one of the biggest names in the gaming industry with many aiming to replicate their success. The company undoubtedly holds a strong grip on the handheld console market. A new report has revealed the yearly statistics of the company including average employee salary and retention rate across listed companies in western Japan.
As reported by Diamond Online, Nintendo holds the second spot in terms of average annual salaries at 9.627 million Yen per year which is over $61,000. What’s impressive is that Nintendo was in the second spot even after a decline in annual income by 2.3% compared to the previous year.
Sales for Nintendo reached 1.67 trillion Yen for the fiscal year ending March 2024, a 4.4% increase compared to the previous year. operating profit reached 528.9 billion yen, a 4.9% increase compared to last year. Last year, it was revealed that Nintendo had a whopping 98.9% employee retention rate, and now we know why.
Also Read:Nintendo officially reveals Switch 2; more details to come during Nintendo Direct
Another bump in stats possible for Nintendo in 2025
Nintendo is set to release Switch 2 this year and analysts predict that the hardware can sell up to 20 million units this year alone. The Switch is currently the third best-selling gaming console globally with 146 million units of sales recorded taking over the likes of PS5 and Xbox Series X/S.
Switch 2 is set to bring some much-needed power to its dated predecessor along with backward compatibility allowing users to carry over their games on stronger hardware. There are also speculations regarding the performance of the device with many claiming it will compete with the PS4/Pro.
Many of the popular titles are reportedly being ported to Switch 2, and there will also be Nintendo first-party games. Details regarding the device will be revealed in April. However, it’s not hard to predict that the aforementioned numbers will see an overall increase in the fiscal year 2025 report.