Switch Hardware and Software Sales Fall Sharply, Nintendo Revises Guidance
Last quarter, sales of Switch hardware and software fell so sharply that Nintendo had to lower its forecast for the fiscal year. Despite this, more than 150 million Switch consoles have now been shipped.
Nintendo has released its financial results for the first nine months (April to December 2024) of the current fiscal year 2025. Revenue was ¥956.218 billion, approximately €5.928 billion, down 31.4% on the previous year. Operating profit also fell significantly, by 46.7% to ¥247.597 billion, or €1.55 billion. Profit attributable to owners of the parent decreased by 41.9% to ¥237.189 billion, or €1.47 billion.
Nintendo has released its financial results for the first nine months (April to December 2024) of the current fiscal year 2025. Revenue was ¥956.218 billion, approximately €5.928 billion, down 31.4% on the previous year. Operating profit also fell significantly, by 46.7% to ¥247.597 billion, or €1.55 billion. Profit attributable to owners of the parent decreased by 41.9% to ¥237.189 billion, or €1.47 billion.
