On Thursday, June 5, 2025, Nintendo’s Switch 2 game console was exhibited at the Bic Camera electronics store in Tokyo. Nintendo fans from Tokyo to Manhattan waited in line for hours to be among the first to get their hands on the Switch 2, supporting the biggest global debut of the gadget since the iPhone’s launch last year.
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nintendo The company on Tuesday maintained its full-year sales and profit outlook as investors look to see if Switch 2’s momentum can be sustained.
Nintendo’s financial results for the third quarter of the fiscal year ending December 31st and LSEG’s forecasts are as follows.
Revenue: 806.32 billion yen ($5.2 billion) compared to the expected 847.73 billion yen. Net income: 159.93 billion yen compared to the forecast of 147.3 billion yen.
In November, Nintendo announced that it expected sales of 19 million Switch 2 units in the fiscal year ending March 2026, compared to the previous forecast of 15 million units. Nintendo maintained this prediction.
Nintendo’s stock price has been under pressure in recent months. Following the release of Switch 2 in June, the gaming giant’s stock price hit a record high of over 14,000 yen in August. However, the stock price has fallen more than 30% since then.
Investors are eyeing several possible headwinds for Nintendo. That includes whether the company will be affected by the unprecedented rise in the price of memory, a key component of game consoles. Another is whether the company has a strong enough pipeline of games to support Switch 2.
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