The Pokémon Company’s latest net profits nearly double it’s best ever at a mammoth $325million
The Pokémon Company released its latest financial report this morning, announcing a net profit of approximately $325million, making the financial year of 2021 to 2022 – including the release of Pokémon Brilliant Diamond & Shining Pearl and Pokémon Legends Arceus – not only it’s most successful year ever, but by a margin of nearly double that of last year’s record breaking profits.
During this period, up until the end of Februrary 2022, around 35 million Pokémon games were sold for the Nintendo switch, including over 14 million units of the Generation IV remakes Pokémon Brilliant Diamond & Shining Pearl and over 12 million units of Pokémon Legends Arceus. The Pokémon Company’s own direct storefront, the Pokémon Center Online also launched in new territories, including here in the UK and Pokémon Go recorded over $1.2 billion in worldwide revenue. Meanwhile, the newest Free To Play Pokémon game, Pokémon Unite launched on both Switch and Mobile platforms, joining Pokémon Café ReMix and Pokémon Masters EX – all of which have received consistent new content updates throughout the past year and doubtless fuelling their own fair share of revenue.
The fresh pace of sales of the latest Pokémon games on the Nintendo Switch – with 2019’s Pokémon Sword and Shield currently set at over 24 million copies sold – is not only driving record profits for the Pokémon Company as a whole, but potentially sets up this year’s Pokémon Scarlet & Violet for a realistic challenge against the number-1 best-selling Pokémon games, the original Pokémon Red, Green & Blue at 31.38m lifetime sales.
The Pokémon Company is a privately held company owned in roughly equal shares between Nintendo, Game Freak and Creatures Inc and was formed in 1998 to manage the entire business of Pokémon across it’s ever-growing multimedia empire. How these profits are either re-invested or used to pay out dividends to its three parent companies will be up to President & CEO Tzunekazu Ishihara to decide in the coming weeks.