Nintendo's net profit jumped 53.5% in the April-June quarter, as the Kyoto-based gaming giant benefited from sustained demand for its Switch 2 console and the global box-office success of the Super Mario movie. The company reported a net profit of ¥147.4bn (€810mn), up from ¥96bn (€530mn) a year earlier.
Quarterly sales, however, declined 9.5% to ¥517.8bn (€2.8bn), reflecting a challenging environment. Nintendo attributed the dip to US tariffs imposed under President Donald Trump, as well as rising costs for memory chips and other components.
Switch 2 keeps up the pace
During the quarter, Nintendo sold 3.82 million Switch 2 consoles worldwide, while the original Switch continued to perform well, with both hardware and software sales holding up alongside the newer model. Switch 2 software sales reached 9.46 million units, led by Yoshi and the Mysterious Book, released in May, and Pokémon Pokopia, which launched last year.
The company is betting on a strong pipeline of new titles to maintain momentum. Splatoon Raiders hit shelves last month, and a remake of The Legend of Zelda: Ocarina of Time is on the horizon. These releases are expected to drive software sales up 23% to 60 million units this financial year.
Nintendo forecasts a net profit of ¥310bn (€1.7bn) for the fiscal year ending March 2027, down nearly 27% from the previous year, with annual sales projected to slip 11% to ¥2.05tn (€11.3bn). The company expects to sell 16.5 million Switch 2 consoles this year, a 17% decline from the launch year, as console sales typically taper off after an initial surge.
Despite the softer outlook, Nintendo's performance underscores the enduring appeal of its intellectual property, from the iconic plumber to the ever-expanding Zelda universe. The company's ability to blend hardware innovation with blockbuster entertainment continues to resonate with players across Europe and beyond.
