Should be noted that despite Switch Hardware Sell-In declining in a few regions, Switch Hardware Sell-Through was up in all markets. Straight from Nintendo's Slides from today, the quote:
• On a region-by-region basis, sell-in declined in Europe and the Americas
compared to the same period last fiscal year, but sell-through increased for all
regions, including Europe and the Americas.
If we pixel count the graph on the left, sales for Apr-Jun are up 25% YoY and 2nd highest ever after Apr-Jun 2020 which was 23% higher.

So looks like they overshipped a bit last year, at least compared to this year.







