Nintendo, Sony see risk, disruption in COVID-19 resurgence — Panjiva
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Nintendo, Sony see risk, disruption in COVID-19 resurgence

Cons. Discr. - Retailing 419 Earnings 672 Quote Watch 443 U.S. 5224

Sony and Nintendo both released Q2 earnings, reporting a 15.0% increase and 9.9% fall in year over year revenues respectively. Nintendo mentioned that this was in part due to strong sales during the pandemic last year, but also saw “logistics delays caused by COVID-19 and the impact of the semiconductor shortage on production.” Imports associated with the two companies’ console brands fell by 15.3% and 22.5% for Nintendo and Sony respectively. Sony may have been benefited by diversification as imports associated with the company as a whole increased by 160.6% year over year in the same p...

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