"Japanese video-game maker Nintendo's net profit jumped 85% in April-September from the year before, as its sales more than doubled following the launch of its hit Switch 2 console in June, the company said Tuesday.Nintendo, based in Japan's ancient capital of Kyoto, said its profit for the half-year totaled 198.9 billion yen, or $1.3 billion, up from 108.6 billion yen the year before."
"Sales for the first half of this fiscal year rose to nearly 1.1 trillion yen ($7.1 billion) from 523 billion yen in the same period of 2024.Nintendo, which makes Super Mario and Pokemon games, did not provide a break down of quarterly data.Nintendo's video game sales were solid, although with no new movies revenue from its content business slowed.Nintendo raised its profit forecast for the full fiscal year through March 2026 to 350 billion yen ($2.3 billion)."
Nintendo's net profit for April–September rose 85% to 198.9 billion yen ($1.3 billion) as first-half sales more than doubled to nearly 1.1 trillion yen ($7.1 billion). The company sold over 10 million Switch 2 consoles by the end of September, and raised its full-year profit forecast to 350 billion yen and its Switch 2 sales forecast to 19 million units. Video-game sales remained strong, supported by titles like Mario Kart World and Donkey Kong Bananza, while content revenue slowed without new movies. Older Switch hardware sales declined, but software sales continue because games are playable on Switch 2. Shares fell 0.8%.
Read at Fast Company
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