{
  "id": 18284456,
  "title": "Nintendo quarterly net profit drops as Switch 2 unit sales slow",
  "url": "https://urgent.news/2026/11/05/nintendo-quarterly-net-profit-drops-as-switch-2-unit-sales-slow-18284456",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-05T09:23:49.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today-freemalays",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/11/05/nintendo-quarterly-net-profit-drops-as-switch-2-unit-sales-slow"
  },
  "original_language": "en",
  "account": "Japanese gaming company Nintendo disclosed a decline in quarterly net profit Thursday, with the Switch 2 console's slower unit sales contributing to the drop. However, the company still projected its annual profit would reach 310 billion yen.\n\nThe Nintendo Switch 2 entered the market in 2025 and quickly became the fastest-selling console in the world. Remakes such as the popular The Legend of Zelda: Ocarina of Time have recently generated fan excitement, but analysts are closely monitoring whether this can help revive Switch 2 sales.\n\nIn the second quarter of 2026, Nintendo's net profit fell 29% to 73.5 billion yen, falling short of the 82.2 billion yen expected by analysts in a Bloomberg survey. Despite the drop in hardware sales, operating profit surged nearly 50% in the first half, buoyed by strong game sales and a boost from US tariff refunds.\n\nNintendo sold approximately 6.5 million Switch 2 consoles in the first half, down from 10.4 million the previous year. The company raised the Switch 2 price amid a global AI boom and soaring memory chip prices. Some analysts believe the absence of a major game to drive Switch 2 adoption among gamers has led to sluggish sales.\n\nNintendo is working to expand its reach by leveraging the Switch hardware base and rich software lineup to boost software sales and maintain engagement. The company's latest Zelda release, Ocarina of Time, has already received critical acclaim and is being rolled out worldwide as part of the game's 40th anniversary.",
  "summary": "In the second quarter, from July-September, net profit was down 29% to 73.5 billion yen (US$465.3 million) -- missing estimates of 82.2 billion yen in a Bloomberg survey of analysts.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 9,
    "also_reported_by": [
      {
        "outlet": "CNA - Business",
        "title": "Sony profit jumps on 'Spider-Man: Brand New Day'; Nintendo earnings slide",
        "url": "https://urgent.news/2026/11/05/sony-profit-jumps-on-spider-man-brand-new-day-nintendo-earnings-slide",
        "published": "2026-11-05T06:37:33.000Z"
      },
      {
        "outlet": "CNBC",
        "title": "Nintendo Switch 2 sales plunge 41% as price hikes and memory crunch bite",
        "url": "https://urgent.news/2026/11/05/nintendo-switch-2-sales-plunge-41-as-price-hikes-and-memory-crunch",
        "published": "2026-11-05T07:30:58.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Nintendo quarterly net profit drops as Switch 2 unit sales slow",
        "url": "https://urgent.news/2026/11/05/nintendo-quarterly-net-profit-drops-as-switch-2-unit-sales-slow",
        "published": "2026-11-05T08:07:47.000Z"
      },
      {
        "outlet": "Winnipeg Free Press",
        "title": "Japanese video game company Nintendo reports rising profit, falling sales",
        "url": "https://urgent.news/2026/11/05/japanese-video-game-company-nintendo-reports-rising-profit-falling",
        "published": "2026-11-05T08:10:58.000Z"
      },
      {
        "outlet": "Malay Mail",
        "title": "Nintendo profit tumbles 29pc as Switch 2 sales cool, but Zelda remake offers fresh hope",
        "url": "https://urgent.news/2026/11/05/nintendo-profit-tumbles-29pc-as-switch-2-sales-cool-but-zelda-remake",
        "published": "2026-11-05T09:37:30.000Z"
      },
      {
        "outlet": "Japan Times",
        "title": "Nintendo’s net profit drops in Q2 as Switch 2 unit sales slow",
        "url": "https://urgent.news/2026/11/05/nintendos-net-profit-drops-in-q2-as-switch-2-unit-sales-slow",
        "published": "2026-11-05T09:50:00.000Z"
      },
      {
        "outlet": "Techmeme",
        "title": "Nintendo reports Q2 net profit down 16% YoY to $468M, as rising Switch 2 component costs cut into its margins; Switch 2's H1 FY 2027 sales fell 37% YoY to 6.49M (Takashi Mochizuki/Bloomberg)",
        "url": "https://urgent.news/2026/11/05/nintendo-reports-q2-net-profit-down-16-yoy-to-468m-as-rising-switch-2",
        "published": "2026-11-05T11:05:06.000Z"
      },
      {
        "outlet": "The Mainichi",
        "title": "Japanese video game company Nintendo reports rising profit, falling sales",
        "url": "https://urgent.news/2026/11/05/japanese-video-game-company-nintendo-reports-rising-profit-falling-18301610",
        "published": "2026-11-05T12:00:10.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}