The Metaverse “Captured the Attention of Nintendo”, But Not at This Time

With the release of Nintendo financial statement Nintendo president Shuntaro Furukawa said that the current shortage of semiconductors will have its impact on the company’s gross profit. Mainly because of increased costs.

Another interesting question can  be asked: does this mean Nintendo will look for other sources of income, like the metaverse? The answer to that can be a short one. No.

President Shuntaro Furukawa commented on this by saying “The metaverse has captured the attention of many companies around the world, and it has great potential,” Nintendo president Shuntaro Furukawa said. “When the concept of the metaverse is introduced in the media, games like Animal Crossing: New Horizons are sometimes brought up as examples. In that sense, the metaverse is of interest to us.

“But at this point in time, there is no easy way to define specifically what kinds of surprises and enjoyment the metaverse can deliver to our consumers. As a company that provides entertainment, our main emphasis is on ways to deliver fresh surprises and fun to our consumers. We might consider something if we can find a way to convey a ‘Nintendo approach’ to the metaverse that many people can readily understand, but we do not think that is the situation at the present time.”

So a ‘Nintendo approach’ to the metaverse is not ruled out, but don’t expect it to come anytime soon.

Read More: Nintendo President: Component Shortage for Switch Will Have Impact on the Company’s Profit Margin

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