Nintendo expects net profit to fall 27% in FY 2026 on slower Switch sales

Published: 2026-05-08 03:28:06 ET 7974.T

Published on 05/08/2026 at 03:28 am EDT

Nintendo Co. said Friday its net profit for the current fiscal year through next March is expected to fall 26.9 percent from a year earlier to 310 billion yen ($2 billion) due to slower sales of Switch gaming consoles.

Operating profit is estimated to rise 2.7 percent to 370 billion yen, while sales are expected to drop 11.4 percent to 2.05 trillion yen, as the gaming giant also expects rising chip prices and higher U.S. tariffs to weigh on earnings.

For the year ended March, the Kyoto-based company booked a net profit of 424.06 billion yen, up 52.1 percent from a year earlier. Operating profit rose 27.5 percent to 360.12 billion yen, while sales jumped 98.6 percent to 2.31 trillion yen.

==Kyodo