Tariff refunds fuel Nintendo’s 53% profit jump as Switch momentum persists

1 min read
Source: The Guardian
Tariff refunds fuel Nintendo’s 53% profit jump as Switch momentum persists
Photo: The Guardian
TL;DR Summary

Nintendo reported a 53.5% quarterly profit rise to ¥147.4bn, aided by a US tariffs refund, while Switch 2 sales stayed strong; revenue fell 10% to ¥517.8bn as overall sales lagged year-earlier levels.

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