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

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

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.

Topics:technologybusiness#business#nintendo#profits#refunds#switch-2#tariffs
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  1. ‘Mamma mia!’: Trump tariffs refund ignites 53% profit spike at Nintendo  The Guardian
  2. Nintendo’s Profit Surges on Stronger Game Software Sales, ‘Mario’ Movie Hit  WSJ
  3. Nintendo operating profit jumps 151% on robust software demand, U.S. tariff refund  Reuters
  4. Nintendo Tops Estimates With Tariff Refunds and Switch 2 Games  Bloomberg.com
  5. The Nintendo Switch Is Inches Away From Breaking PS2’s All-Time Sales Record  Forbes

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