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Nintendo’s Revenue Drops 9.5%, yet Profit Soars 150%, as High-Margin Software and a Tariff Refund Rewrite the Quarter

Two Nintendo Switch consoles side by side, one labeled 'Nintendo Switch 2' with gray controllers and the other the original Nintendo Switch with blue and red controllers.

Nintendo has published its financial results for the first quarter of fiscal year 2027 (April through June 2026), revealing a peculiar disconnect between the company’s revenue and its profit. Nintendo’s net sales for the quarter totaled 517.8 billion yen, down 9.5% year-over-year; despite that decline, operating profit jumped 150.5% to 142.6 billion yen, ordinary profit rose 115.1% to 206.1 billion yen, and profit attributable to owners of parent climbed 53.5% to 147.4 billion yen. The explanation lies in two factors working in Nintendo’s favor: software made up a larger share of total sales this quarter than last year, and software […]

Read full article at https://wccftech.com/nintendo-q1-revenue-drop-profit-surge-tariff-refund/