Nintendo’s Sales Projected to Top 2 T. Yen for 1st Time

Kyoto, Nov. 4 (Jiji Press)–Nintendo Co. said Tuesday that its full-year consolidated sales are projected to exceed 2 trillion yen for the first time, reflecting the popularity of its new Nintendo Switch 2 game console, released in June. The Kyoto-based company now expects to report sales of 2.25 trillion yen in fiscal 2025, which ends in March, surpassing its previous projection of 1.9 trillion yen. Nintendo also revised up its operating profit forecast to 370 billion yen from 320 billion yen and its net profit projection to 350 billion yen from 300 billion yen. Nintendo Switch 2 game console sales are expected to reach 19 million units in the fiscal year, up from the original forecast of 15 million units. At an online press conference on Tuesday, Nintendo President Shuntaro Furukawa said, “(The Nintendo Switch 2) made a very good sales start compared with our past game consoles,” expressing the company’s hope to boost sales further in Japan and overseas for the year-end shopping season. Regarding the impact of the high tariff policy of U.S. President Donald Trump’s administration, Furukawa said, “There was a decent (negative) impact.” He indicated that the impact will increase as Switch 2 console sales rise in the United States in the future. For the fiscal first half, which ended in September, Nintendo’s consolidated sales more than doubled from a year earlier to 1,099.5 billion yen, exceeding 1 trillion yen for the first time. Its net profit surged 83.1 pct to 198.9 billion yen. The company kept its assumed exchange rate unchanged at 140 yen to the dollar at the end of the fiscal year. END [Copyright The Jiji Press, Ltd.]