PS4 and Switch Sales Are Revitalizing the Console Market According to Koei Tecmo; NiOh Keeps Selling Well
Koei Tecmo sees the console market revitalized by the sales of Nintendo Switch and PS4, while NiOh keeps performing well.
Today Koei Tecmo released its financial results for the first quarter of the current fiscal year, related to the period between April 1st and June 30th, 2017.
The company reported net sales of 7.695 billion yen, down 15.3% year-on-year, and operating income of 1.231 billion yen, down 16.4% compared to the same quarter last year. That being said, Koei Tecmo predicts full year sales to be up 13.4%, and operating income to increase by 31% year-on-year.
Interestingly, the publisher mentions that thanks to the increasing sales of Nintendo Switch and PS4 (which recently passed 60.4 million units), the home console market is being revitalized. With the smartphone market also expanding primarily in emerging countries, the overall gaming market is expected to grow further.
We also hear that the Samurai Warriors franchise is doing well overseas, even thanks to Dynasty Warriors: Unleashed, that passed 7 million downloads in its target markets excluding Japan and China.
Last, but not least, following the release of the “Dragon of the North” DLC in May, NiOh continues to see strong recurring sales.
Of course, the publisher also mentions the fact that Dead or Alive 5: Last Round passed 9 million downloads, but we already knew that.
NiOh certainly deserves all the sales it’s getting, as you can read in our review. On July 25th it’ll get its second story DLC, “Defiant Honor,” which will accompany William to the Siege of Osaka in the winter of 1614.