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Nintendo, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 39%, Oct-Dec Ordinary Profit Increases by 22%
7974 Nintendo Co., Ltd. 【J-GAAP】
Earnings ReportNintendo Co., Ltd. <7974> [TSE Prime] announced its financial results after the market closed on February 3rd (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 455 billion yen, an increase 39.4% compared to the same period last year. Progress toward the full-year plan of 460 billion yen was 99.1%, also surpassing the five-year average of 81.2%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to significant drop 90.8% from the same period last year to 4.15 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 22.1% from the same period last year, reaching 219 billion yen. However, the operating profit margin significantly dropped from 29.1% in the same period last year to 19.2%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 1,394,796 | 464,410 | 567,357 | 408,041 | 350.5 | 83.4 | Feb 6, 2024 | J-GAAP |
| Apr - Dec, 2024 | 956,218 | 247,597 | 327,117 | 237,189 | 203.7 | 87.9 | Feb 4, 2025 | J-GAAP |
| Apr - Dec, 2025 | 1,905,883 | 300,393 | 455,842 | 358,863 | 308.2 | 99.1 | Feb 3, 2026 | J-GAAP |
| YoY | +99.3% | +21.3% | +39.4% | +51.3% | +51.3% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 641,623 | 161,040 | 225,216 | 170,148 | 146.1 | 85 | May 8, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 1,150,435 | 224,819 | 223,960 | 151,064 | 129.8 | 139 | Nov 4, 2025 | J-GAAP |
| YoY | +79.3% | +39.6% | -0.6% | -11.2% | -11.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 1,671,865 | 528,941 | 680,497 | 490,602 | 421.4 | 211 | May 7, 2024 | J-GAAP |
| Mar, 2025 | 1,164,922 | 282,553 | 372,316 | 278,806 | 239.5 | 120 | May 8, 2025 | J-GAAP |
| Mar, 2026 Guidance | 2,250,000 | 370,000 | 460,000 | 350,000 | 300.6 | 181 | Nov 4, 2025 | J-GAAP |
| YoY | +93.1% | +30.9% | +23.6% | +25.5% | +25.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 432,919 | 126,084 | 180,017 | 128,531 | 110.4 | 29.1 | Feb 4, 2025 | J-GAAP |
| Jan - Mar, 2025 | 208,704 | 34,956 | 45,199 | 41,617 | 35.8 | 16.7 | May 8, 2025 | J-GAAP |
| Apr - Jun, 2025 | 572,363 | 56,928 | 95,822 | 96,032 | 82.5 | 9.9 | Aug 1, 2025 | J-GAAP |
| Jul - Sep, 2025 | 527,202 | 88,253 | 140,218 | 102,904 | 88.4 | 16.7 | Nov 4, 2025 | J-GAAP |
| Oct - Dec, 2025 | 806,318 | 155,212 | 219,802 | 159,927 | 137.4 | 19.2 | Feb 3, 2026 | J-GAAP |
| YoY | +86.3% | +23.1% | +22.1% | +24.4% | +24.4% |
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