By Kosaku Narioka
Nintendo is scheduled to report its second-quarter results on Tuesday. Here's what you need to know:
NET PROFIT FORECAST: Nintendo's net profit is estimated to have more than doubled from a year earlier to 71.3 billion yen, equivalent to $463 million, for the three months ended Sept. 30, according to a poll of analysts by Visible Alpha. That would be up sharply from net profit of Y27.7 billion in the year-earlier period.
REVENUE FORECAST: Second-quarter revenue is expected to have increased 66% to Y458.7 billion, according to the Visible Alpha poll.
The stock has risen 41% year to date, driven by hopes for stronger earnings thanks to its new Switch 2 console.
WHAT TO WATCH:
--Nintendo said in August that it sold more than 6 million units of the Switch 2 globally in the seven weeks since it started selling it on June 5. The company has projected Switch 2 sales of 15.0 million units for the fiscal year ending March 2026. Investors will be focusing on any updates on sales, production and software plans for the device.
--The videogame maker has projected revenue to climb 63% to Y1.900 trillion and net profit to rise 7.6% to Y300.00 billion this fiscal year. Investors will be closely watching any changes to annual guidance as well as management's views on the impact of U.S. tariffs on its operations.
--First-quarter intellectual property-related income declined 4.4% to Y16.7 billion. Investors will be paying attention to any signs of recovery in intellectual-property income as it has been trying to diversify its revenue streams beyond videogames.
Write to Kosaku Narioka at kosaku.narioka@wsj.com
(END) Dow Jones Newswires
November 02, 2025 20:52 ET (01:52 GMT)
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