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WEDNESDAY, MAY 14, 2025
Nintendo cuts full year Switch sales forecast to 11 million units

Global Economy

Reuters
04 February, 2025, 01:20 pm
Last modified: 04 February, 2025, 01:24 pm

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Nintendo cuts full year Switch sales forecast to 11 million units

The company also lowered its operating profit forecast on Tuesday by 22.2% to 280 billion yen ($1.8 billion) for the financial year ending March

Reuters
04 February, 2025, 01:20 pm
Last modified: 04 February, 2025, 01:24 pm
An attendee uses a Nintendo Switch game console while playing a video game at the Paris Games Week (PGW), a trade fair for video games in Paris, France, November 5, 2023. Photo: REUTERS/Claudia Greco/File Photo
An attendee uses a Nintendo Switch game console while playing a video game at the Paris Games Week (PGW), a trade fair for video games in Paris, France, November 5, 2023. Photo: REUTERS/Claudia Greco/File Photo

Japan's Nintendo cut its full-year sales forecast on Tuesday for the aging Switch console by 12% to 11 million units ahead of the launch of a successor device this year.

The company also lowered its operating profit forecast on Tuesday by 22.2% to 280 billion yen ($1.8 billion) for the financial year ending March.

Nintendo remains dependent on its console business even as it has opened stores and its roster of characters feature in theme parks and film.

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The company sold 9.54 million Switch units in the April-December period.

Last month Nintendo said it will release a successor to the hit home-portable Switch console this year.

The Switch 2 appears to closely follow the design of its predecessor, which transformed Nintendo's fortunes after the underperformance of the Wii U.

In the April-December period, profit fell 46.7% to 247.6 billion yen.

Tech / Top News / World+Biz

Nintendo / Nintendo Switch

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