Core Insights - Nintendo's quarterly revenue more than doubled year-on-year, driven by the successful launch of the Switch 2, which became the fastest-selling console globally after its June release [1][3]. Sales Performance - The Switch 2 sold 3.5 million units in its first four days and approximately 5.8 million units in its first month [2]. - Net sales for the April-June quarter increased by 132% year-on-year to 572 billion yen ($3.8 billion), with net profit rising 19% [3]. Market Expectations - Nintendo expects to sell 15 million Switch 2 units by the end of March 2026, maintaining its target despite the strong initial sales [4]. - Industry experts believe that the launch of Switch 2 has exceeded expectations and that it will be challenging for other consoles to replicate its success [3][4]. Product Features and Pricing - The Switch 2 features a larger screen, enhanced processing power, and new controller functionalities, while retaining the hybrid concept of its predecessor [7]. - The retail price of the Switch 2 is set at $449.99, compared to the original Switch's launch price of $299.99 [7]. Competitive Landscape - The delayed release of "Grand Theft Auto VI" to May 2026 is seen as beneficial for Nintendo, as it allows the Switch 2 to maintain visibility in the market without competing against a major title [8].

Core Insights - Nintendo's first fiscal quarter Switch console sales reached 980,000 units, significantly lower than the 2.1 million units sold in the same period last year [1] Group 1 - The sales decline indicates a 53.33% year-over-year decrease in Switch console sales [1]

Core Insights - Nintendo's Switch 2 has achieved significant sales success, with total sales reaching 5.82 million units as of the latest update [2] - The company reported a remarkable revenue increase of 132% year-over-year, totaling 572.3 billion Japanese yen ($3.8 billion) for the fiscal first quarter [5] - Nintendo's operating profit for the same quarter was 56.9 billion yen, exceeding expectations [5] Sales Performance - The Switch 2 sold over 3.5 million units within its first four days of launch [3] - Nintendo anticipates reaching 15 million unit sales for the Switch 2 by the end of the fiscal year in March 2026 [3] Market Reaction - Nintendo's shares have surged approximately 40% this year, driven by the excitement surrounding the Switch 2 [2]

Core Insights - Nintendo's operating profit for the first quarter reached 56.93 billion yen, a year-on-year increase of 4.4%, surpassing the forecast of 54.77 billion yen [1] - The net profit for the first quarter was 96.03 billion yen, reflecting a 19% year-on-year growth, exceeding the expected 58.07 billion yen [1] - Sales revenue for the first quarter amounted to 572.36 billion yen, significantly up from 246.64 billion yen in the same period last year, and above the forecast of 489.75 billion yen [1] Financial Forecasts - Nintendo maintains its forecast for the fiscal year 2026, projecting an operating profit of 320.00 billion yen, while the market expectation is 402.94 billion yen [1] - The company also forecasts a net profit of 300.00 billion yen for fiscal year 2026, compared to the market estimate of 358.62 billion yen [1] - Sales revenue for fiscal year 2026 is projected at 1.90 trillion yen, lower than the market forecast of 2.14 trillion yen [1] - Nintendo anticipates a dividend of 129.00 yen for fiscal year 2026, while the market expectation is 155.54 yen [1]

任天堂第一财季集团净利润960.3亿日元，增长18.6%，2025/26财年预测利润3000亿日元，增长7.6%。 ...

任天堂：第一季度Switch 2软件销量达867万份。 ...

任天堂第一季度销售净额5723.6亿日元，上年同期2466.4亿日元，预估4897.5亿日元；经营利润569.3亿 日元，同比增长4.4%，预估547.7亿日元； 净利润960.3亿日元，同比增长19%，预估580.7亿日元。 ...

Core Insights - SalesNow published a ranking of Japanese game companies based on average annual employee income, with Nintendo ranking third among game developers [1][3] - Square Enix did not make it into the top twenty of the ranking [1] Ranking Details - The ranking period is from June 2024 to June 2025, utilizing data from SalesNow DB, which covers approximately 5.4 million companies [3] - The top five companies in the ranking are: 1. Sony Group: 11.13 million JPY (approximately 538,000 RMB) 2. Bandai Namco Holdings: 10.95 million JPY (approximately 531,000 RMB) 3. Nintendo: 9.63 million JPY (approximately 467,000 RMB) 4. Sega Sammy Holdings: 8.79 million JPY (approximately 424,000 RMB) 5. Akatsuki: 8.56 million JPY (approximately 409,000 RMB) [4] - The ranking continues with notable companies such as DeNA, Capcom, and Nexon, with incomes ranging from 7.29 million JPY to 6.23 million JPY [4][5]

Core Viewpoint - Investors are concerned about the sales trajectory of Nintendo's Switch 2 console, especially as it is no longer selling out at retail, despite a strong initial performance [1][3][4]. Group 1: Stock Performance - Nintendo's stock experienced a modest pullback, down 1.9% as of 3:30 p.m. ET, with a maximum decline of 2.8% during the session [1]. - Despite recent sell-offs, Nintendo's stock is still up approximately 49% in 2025 [1]. Group 2: Switch 2 Console Performance - The Switch 2 console launched on June 5 and became the fastest-selling console in U.S. history, moving over 1.6 million units in its first month [3]. - Initially, the console was selling out quickly after restocks, but it has become easier to find on store shelves recently [3][4]. Group 3: Future Sales Outlook - Early sales data for key software titles, such as Mario Kart World, has been encouraging, indicating a strong start for the Switch 2 [4]. - The initial explosive launch performance does not guarantee that the Switch 2 will match the sales longevity of its predecessor, leading to uncertainty in predicting its future sales trajectory [5].

Core Viewpoint - Nintendo's Switch2 game console achieved record sales in the United States, selling 1.6 million units in June, surpassing the previous record held by Sony's PlayStation 4 in 2013, which sold 1.1 million units in its launch month [1] Group 1 - Nintendo sold 1.6 million units of the Switch2 in June [1] - This sales figure sets a new record for game console launches in the U.S. [1] - The previous record was held by Sony's PlayStation 4, which sold 1.1 million units [1]