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Nintendo projects 27% decline in net profit for fiscal year ending March 2027, raises Switch 2 prices in Japan, Europe, and US
NINTENDO <7974> disclosed its full-year earnings forecast for the fiscal year ending March 2027 after the close on the 8th, alongside its consolidated results for the fiscal year ended March 2026. The company projects sales of 2,050,000 million yen (down 11.4% year-on-year), operating profit of 370,000 million yen (up 2.7%), and net profit of 310,000 million yen (down 26.9%). The annual dividend forecast is 162 yen, a reduction of 57 yen. Assumed exchange rates are 150 yen per dollar and 175 yen per euro.
This fiscal year, the company will implement price changes for its "Nintendo Switch 2" console, launched last June. The Japanese domestic price will rise to 59,980 yen from 49,980 yen on May 25th. Additionally, prices will increase on September 1st to 499.99 euros from 469.99 euros in Europe and to 499.99 dollars from 449.99 dollars in the United States. NINTENDO expects to sell 16,500,000 hardware units (compared to 19,860,000 units in the previous fiscal year) and 60,000,000 software units (compared to 48,710,000 units).
For the fiscal year ended March 2026, sales were 2,313,051 million yen (up 98.6% year-on-year), operating profit was 360,117 million yen (up 27.5%), and net profit was 424,056 million yen (up 52.1%).
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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