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The Pokemon Company announced near 15% profit increase over last fiscal year

So much for all those Sword and Shield boycotts, right? The Pokemon Company is doing just fine, apparently.

Brittany Vincent

June 1, 2020 11:45 AM

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Looks like people can't get enough of Pokemon. The Pokemon Company has revealed that it recorded an increase of profit of a whopping 14.8 percent over its previous fiscal year, with a total profit of 15.367 billion yen – about $142.7 million.

That's a lot of cash, especially when you think back on how many people were supposedly boycotting Sword and Shield. Remember that? At any rate, it wasn't just Pokemon Sword and Shield that helped bring this number to reality. Sensor Tower estimated in January that Pokemon Go came through with its best year ever in 2019. It earned almost $900 million in revenue. Pokemon Sword and Shield sold over 16 million units and even outsold the last few Pokemon games in just a few months.

This isn't the most profitable year for The Pokemon Company, but being second isn't so bad when it comes to this type of money. It seems it'll be chasing the same popularity it received when Pokemon Go launched in 2016 through 2017, with earnings of around 15.921 billion yen. Not too shabby. 

Not up to date on the latest Pokemon sitch? Our own Donovan Erskine reviewed Pokemon Sword and Shield and awarded the games an 8 out of 10. Here's what he thought:

"Pokemon Sword and Shield are a great first step for the mainline titles on Nintendo Switch. Game Freak follows the tried and true formula of the series while ushering in inventive new ideas to elevate the player experience. Quality of life improvements make these entries the most accessible and palatable in the saga. The Wild Area is home to countless hours of ways to explore and interact with the Pokemon world like never before. Performance issues and lazy tropes hold them back from being excellent, but Pokemon Sword and Shield are a strong step in the right direction for franchises latest generation."

Be sure to stay tuned to Shacknews for additional updates. 

Brittany Vincent

Senior Editor

Fueled by horror, rainbow-sugar-pixel-rushes, and video games, Brittany is a Senior Editor at Shacknews who thrives on surrealism and ultraviolence. Follow her on Twitter @MolotovCupcake and check out her portfolio for more. Like a fabulous shooter once said, get psyched!