Overview

• Nintendo sold 5.82 million units of its new Switch 2 console in June, eclipsing its earlier four-day record of 3.5 million units
• First-quarter net revenue jumped 132.1 percent year-on-year and net profit climbed 18.6 percent to 96 billion yen, with operating profit up 4.4 percent
• New U.S. tariffs on consoles made in Vietnam and Cambodia have prompted retailers to add $30 to $50 to Switch, Switch OLED and Switch Lite hardware and their accessories effective August 3
• In Canada, Nintendo raised prices on Switch 1 models by C$20 to C$60 and hiked game prices by C$5 on August 1 while keeping Switch 2 and its titles at existing price points
• Nintendo held its fiscal sales forecast at 15 million units through March 2026 even as JPMorgan analysts project up to 23.5 million Switch 2 console sales over the period