Nintendo net profit jumps 18% in April-June on strong Switch 2 sales
Sales jumped 2.3-fold to 572.36 billion yen, while operating profit rose 4.4 percent to 56.93 billion yen in the April-June quarter, the Kyoto-based gaming giant said.
The upbeat results came as Nintendo released the Switch 2, its first new console in more than eight years, on June 5.
Nintendo sold 5.82 million units of the Switch 2 during the quarter, up from 2.1 million units of the previous model in the same period last year.
Nintendo sold 33.07 million copies of software in the three-month period, including 8.67 million for the Switch 2, up from 30.64 million for the original model a year earlier.
Among game titles, "Mario Kart World," which was released on the same day as the hardware, posted sales of 5.63 million copies.
As the Switch 2 is compatible with game software for the older Switch, titles such as "Mario Kart 8 Deluxe" and "Super Mario Party Jamboree" also contributed to sales growth, the company said.
Nintendo left unchanged its earnings forecast for the year through March 2026, expecting a 7.6 percent rise in net profit to 300 billion yen on sales of 1.9 trillion yen, up 63.1 percent.
For the full business year, Nintendo aims to sell 15 million Switch 2 consoles and 45 million copies of game software for the new device.
Nintendo President Shuntaro Furukawa said in May that the earnings forecast for the year ending March 2026 reflects a negative impact from higher U.S. import tariffs.
He said if the company decides to raise prices of its products, the move could slow sales.
Japan cut a deal with the United States last week on a 15 percent tariff on cars and other products.
The agreement will not affect its earnings forecast, the company said in a release.
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