Business

Nintendo's Stellar Q1 2026 Performance: Net Sales Soar by 132% to $3.8B

Nintendo's Financial Triumph in Q1 2026

Nintendo Co., Ltd has announced a remarkable achievement in its first-quarter financial results for fiscal 2026, with net sales skyrocketing by 132.1% year-over-year to 572.3 billion Japanese yen (approximately $3.8 billion).

Profit and Platform Sales Surge

The company also reported an 18.6% increase in net profit, reaching 96 billion yen (around $646 million). A significant highlight was the 142.5% surge in sales from its dedicated video game platform, totaling 555.5 billion yen (approximately $3.7 billion), largely thanks to the successful launch of the Nintendo Switch 2 in June.

Outlook and Market Confidence

Despite these impressive figures, Nintendo has chosen to maintain its consolidated outlook for the full fiscal year at 1,900 billion yen in net sales ($12.6 billion). The company reassured stakeholders that external factors, such as United States tariffs, currently have no significant impact on its earnings forecast for the fiscal year.