Nintendo Profit Slips as Switch 2 Sales Drop Sharply
WHO:
Bloomberg - Nintendo Co. reported its quarterly and first-half financial results.
Engadget - Nintendo raised the price of its Switch 2 consoles.
WHAT:
Fast Company - Nintendo sold 1.27 million original Switch consoles during the first half of its fiscal year.
Fast Company - Nintendo said “Star Fox” and “Splatoon Raiders,” released during the first half, sold briskly; earlier releases including “Mario Kart World” remained in demand.
Fast Company - Nintendo’s full-year forecast calls for ¥2 trillion in sales, down 11% from the previous fiscal year.
Fast Company - Nintendo shares rose 6.3% in Tokyo.
The Verge - Nintendo sold 24.49 million Switch 2 games during the first half, up 19% from the same period a year earlier.
The Verge - Total Switch 2 sales since the console’s launch exceeded 26 million units.
Bloomberg - Nintendo’s quarterly net profit fell 16% year over year to $468 million.
Bloomberg - Switch 2 sales in the first half of fiscal 2027 fell 37% year over year to 6.49 million units.
Engadget - Switch 2 sales fell by almost 40% after Nintendo increased console prices.
IJR - Nintendo’s first-half net profit rose 11% to ¥220.9 billion.
IJR - Nintendo’s first-half revenue fell 12% to ¥966 billion.
IJR - Nintendo kept its full-year forecast unchanged, projecting net profit of ¥310 billion.
WHY:
Fast Company - Nintendo said digital sales, including proceeds from downloadable games, continued to surge, and the popularity of the 2026 animated film “The Super Mario Galaxy Movie” boosted its bottom line.
Fast Company - A computer-chip shortage and surging chip prices were affecting Nintendo amid a global boom in artificial intelligence.
Bloomberg - Nintendo’s quarterly profit decline was hurt by a lack of major new game releases and rising Switch 2 component costs, which cut into margins.
IJR - Stronger software sales and a refund of U.S. tariffs helped offset weaker hardware sales.
Engadget - The article linked lower Switch 2 sales to Nintendo’s console price increase.
HOW:
IJR - Stronger software sales and a refund of U.S. tariffs partially offset weaker hardware sales in Nintendo’s first-half results.
(UPDATED November 5, 2026 18:02 UTC)
Nintendo reported falling profits as Switch 2 sales dropped 37 percent to 6.49 million consoles. Stronger game sales and tariff refunds partly offset weaker hardware revenue during the first half. The company maintained its forecast for 310 billion yen in annual net profit.
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(UPDATED November 5, 2026 16:01 UTC)
Nintendo’s quarterly profit fell 16 percent, as rising component costs squeezed margins and major releases slowed. Switch 2 hardware sales dropped 37 percent, while game sales rose 19 percent. Nintendo raised console prices and kept its profit forecast unchanged.
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(UPDATED November 5, 2026 12:10 UTC)
Nintendo raised Switch 2 prices as sales fell sharply. Quarterly profit dropped 16 percent, hurt by rising costs and few major releases. Stronger software sales partly offset weaker hardware, while Nintendo kept its annual forecast unchanged.