Japanese game company Nintendo reports a jump in profit on the popularity of its Switch 2
Summary
Nintendo’s profit rose by more than half in the first quarter thanks to the success of the Super Mario movie and strong sales of its new Switch 2 gaming console. Despite a drop in overall sales and challenges from tariffs and rising component costs, Nintendo expects solid software sales and continued Switch 2 console sales this fiscal year.Key Facts
- Nintendo’s profit in April-June 2025 was 147.4 billion yen ($933 million), up 53.5% from the prior year.
- Sales for the same period fell 9.5% to 517.8 billion yen ($3.3 billion).
- Tariffs from President Trump and higher costs for memory chips and components negatively affected Nintendo’s profits.
- Nintendo sold 3.82 million Switch 2 consoles globally in the quarter.
- Popular Switch 2 games include “Yoshi and the Mysterious Book” and “Pokemon Pokopia,” with software sales totaling 9.46 million units.
- The Super Mario Galaxy Movie earned 517.8 billion yen ($3.3 billion), mostly from overseas.
- Nintendo forecasts a full-year profit of 310 billion yen ($2 billion), down nearly 27%, with sales expected to drop 11% to 2.05 trillion yen ($13 billion).
- Nintendo expects to sell 16.5 million Switch 2 consoles and 60 million game software units this fiscal year.
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