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Q1 operating profit surged 150.5% year-on-year, beating expectations and driving shares up 5.26%.
Nintendo shares ended sharply higher, closing at 8,043 yen, up 5.26% from the previous day. The market welcomed the company's first-quarter results for the fiscal year ending March 2027, which showed operating profit surged 150.5% year-on-year to 142.5 billion yen. Revenue fell 9.5% to 517.8 billion yen, but solid software sales, a higher digital ratio, US tariff refunds, and expanding IP-related income contributed to the sharp profit increase. Progress against the full-year operating profit plan of 370 billion yen reached 38.5%.
Q1 operating profit surged 150.5% year-on-year, beating expectations and driving shares up 5.26%.