Nintendo maintained its annual operating profit guidance of JPY 370 billion for the fiscal year ending March 2026. The company also reiterated its expectation to sell 19 million units of the Switch 2 console, as initially forecast in November.
Switch 2 sales have reached 17.37 million units to date, with 7 million of those purchases occurring in the December quarter, alleviating earlier concerns about demand for the console. Notably, “Mario Kart World” accumulated 14 million copies sold, and “Donkey Kong Bananza” registered 4.25 million units since the Switch 2’s launch.
Nintendo and other hardware makers continue to contend with persistent supply chain difficulties, a consequence of U.S. trade policies under President Donald Trump. These companies also face higher memory chip costs, as strong investment in artificial intelligence drives global component prices upward.
Despite robust console and software sales during the festive season, Nintendo’s share price remains under pressure. The company’s stock reached a record high above JPY 14,000 after the Switch 2 debut last June but has since retreated over 30%.
Nintendo has not indicated any revisions to its current profit or sales guidance.
