Nintendo Shares Gain on Higher Switch 2 Sales, Earnings Forecasts

By Kosaku Narioka

Nintendo shares gained after the Japanese videogame maker raised its Switch 2 sales forecast and earnings guidance following sharply higher first-half profit.

Shares were recently 8.6% higher at 14,060 yen on Wednesday in Tokyo after rising as much as 10% earlier.

The videogame maker said after Tuesday's market close that net profit rose 83% from a year earlier to 198.94 billion yen, equivalent to $1.29 billion, for the six months ended September. That beat the estimate of 163.5 billion yen in a poll of analysts by data provider Visible Alpha.

Revenue more than doubled to 1.100 trillion yen thanks to strong sales of its new console and the latest titles from popular series like "Mario Kart" and "Donkey Kong."

Nintendo now expects to sell 19 million Switch 2 consoles by the end of March 2026, up from the previous forecast of 15.0 million. Since its launch in June, the videogame maker had sold 10.4 million Switch 2 units by the end of September.

For the fiscal year ending March 2026, Nintendo forecast revenue to climb 93% to 2.250 trillion yen and net profit to increase 25.5% to 350.0 billion yen. It previously expected revenue of 1.900 trillion yen and net profit of 300.00 billion yen. The company said it plans to distribute annual dividends of 181 yen a share, up from 129 yen previously forecast, as it upgraded its payout policy.

Write to Kosaku Narioka at kosaku.narioka@wsj.com

(END) Dow Jones Newswires

November 04, 2025 20:11 ET (01:11 GMT)