Key Highlights
- Nintendo reported a strong performance for the first two quarters of its fiscal year ending September 2025.
- The Nintendo Switch 2 has seen robust sales, with hardware at 10.36 million units and software at 20.62 million units.
- Overall Switch 1 sales reached 154.01 million units, while the OLED version contributed to stable sales numbers.
- Digital business reported a 2.8% year-on-year decline in revenue due to factors such as foreign exchange rates and decreased download-only software sales.
Nintendo’s Financial Performance: A Deep Dive into the Fiscal Year
Nintendo’s November 2025 financial report, covering the first two quarters of its fiscal year through September, highlights a strong performance across various segments. The company reported an operating profit of 145.1 billion yen, and ordinary profit stood at 236.0 billion yen. These figures underscore the continued robustness of the gaming giant despite market challenges.
The Success of Nintendo Switch 2
The Nintendo Switch 2 has been a key driver of growth, with hardware sales reaching 10.36 million units and software sales totaling 20.62 million units since its launch on June 5, 2025. The launch coincided with the release of Mario Kart World, which sold an impressive 9.57 million units, including bundle sales. Another notable title, Donkey Kong Bananza, contributed to software sales with 3.49 million units by July. These titles have helped maintain steady sales across both exclusive and cross-platform software.
The Legacy of the Original Switch
Nintendo’s flagship product, the original Nintendo Switch, continued to perform well, with hardware sales totaling 154.01 million units. The various versions—Standard, OLED, and Lite—have each contributed significantly to the overall sales figure. For instance, the OLED version alone saw sales of 910,000 units, demonstrating strong demand for enhanced features.
Digital Business and IP Revenue
The digital business segment reported a revenue of 155.5 billion yen, down 2.8% year-on-year, influenced by factors such as foreign exchange rates and reduced sales of download-only software. Additionally, the company’s IP-related business generated 33.3 billion yen in revenue, a decrease of 12.4% compared to the previous fiscal period, primarily due to lower movie-related revenues.
Nintendo is optimistic about future prospects, with plans for additional releases such as Pokémon Legends: Z-A – Nintendo Switch 2 Edition and Kirby Air Riders. These titles are expected to bolster the platform’s user base.
The company also aims to leverage the strong installed base of Nintendo Switch users by continuing to release evergreen titles, enhancing engagement through a rich software library.
The financial results reflect Nintendo’s strategic focus on innovation and expansion while navigating market dynamics. As the gaming industry continues to evolve, Nintendo remains committed to delivering high-quality products that resonate with its global fanbase.
