Nintendo cuts annual profit forecast 10% as Switch sales slow
1 day ago · TOKYO, Nov 5 (Reuters) - Nintendo (7974.T), opens new tab cut its operating profit forecast for the year to March 2025 by 10% to 360 billion yen ($2.36 billion) on Tuesday, as sales of its ageing ...
Nintendo reports lower profits as demand drops for its aging …
1 day ago · Kyoto-based Nintendo Co. reported a 108.7 billion yen ($715 million) profit for the April-September period, as sales slipped 34% from the previous year to 523 billion yen ($3.4 billion).
Nintendo Sees Bigger Profit Fall on Faltering Switch Demand
1 day ago · November 4, 2024 at 10:35 PM PST. Translate. Nintendo Co. forecast a bigger profit decline for the full year after reporting its fifth straight quarterly profit decline on slowing demand for its ...
Nintendo reports lower profits as demand drops for its aging …
1 day ago · TOKYO (AP) — Nintendo, the Japanese video game maker behind the Super Mario franchise, said Tuesday that its profit fell 60% in the first half of the fiscal year, as demand waned for its Switch console, now in its eighth year since going on sale. Kyoto-based Nintendo Co. reported a 108.7 billion yen ($715 million) profit for the April ...
Nintendo cuts annual profit forecast 10% as Switch sales slow
1 day ago · TOKYO (Reuters) -Nintendo cut its operating profit forecast for the year to March 2025 by 10% to 360 billion yen ($2.36 billion) on Tuesday, as sales of its ageing Switch console lost steam. The ...
Nintendo Jumps as Investors Anticipate Next-Gen Console Reveal
18 hours ago · 1:35. Nintendo Co. jumped after investors bet poor quarterly earnings would spur the company to focus on its next-generation console. Shares of Nintendo rose as much as 5% on Wednesday, the ...
As the World Waits for Nintendo to Announce Switch 2, Sales of …
1 day ago · As for the second quarter of the current financial year (July to September 2024), Nintendo generated 276.7 billion yen ($1.8 billion) in revenue and a net profit of 27.7 billion yen ($182 million).
Nintendo profit plunges 69% as it cuts forecast for sales of …
1 day ago · Nintendo on Tuesday cut forecast for Switch sales for its fiscal year ending March 2025 as demand wanes for its ageing console. The Japanese gaming giant said it now expects to sell 12.5 million ...
Nintendo Rises After Raising Outlook for Profit, Switch Sales
Feb 7, 2024 · Nintendo earned an operating profit of ¥184.5 billion ($1.2 billion) in the December quarter, edging out the average of analyst estimates, although it fell shy of the company’s performance in...
Nintendo Rises After Raising Outlook for Profit, Switch Sales
Feb 7, 2024 · Nintendo Co.’s shares gained ground after the company lifted its annual outlook on solid Switch console sales and better-than-expected earnings for the holiday quarter.