I saw something interest in Nintendo's latest financials: its R&D spending has been rising and should jump even further this year.
Here's a quick rundown:
With these numbers, R&D spending will have risen 16.5% over the last two years. This increase in spending could indicate a new cheaper Switch variant is on the way, but also remember this includes new games and the weird experimental stuff Nintendo is working on but probably won't ever release.
I'm not sure if Nintendo is ramping up games dev (I don't know the total number of new first-party games it's working on off the top of my head) or if this is an indicator of new Switch activity.
What do you guys think?
Here's a quick rundown:
- R&D spend in FY2019 (ended March 31, 2019): 69.28 billion yen, or $627.8 million, up 8.8% YoY
- Estimated R&D spend in FY2020 (ending March 31, 2020): 75 billion yen, or $676.28 million, up 7.7%
With these numbers, R&D spending will have risen 16.5% over the last two years. This increase in spending could indicate a new cheaper Switch variant is on the way, but also remember this includes new games and the weird experimental stuff Nintendo is working on but probably won't ever release.
I'm not sure if Nintendo is ramping up games dev (I don't know the total number of new first-party games it's working on off the top of my head) or if this is an indicator of new Switch activity.
What do you guys think?