Nintendo reports 1H EPS Y170.87 vs. Y93.33 last year

Reports 1H revenue Y1.1T vs. Y523.3B last year. Reports operating profit Y145.2B vs. Y121.5B last year. The company said, “Regarding the Nintendo (NTDOY) Switch 2 business during the first half of this fiscal year, the hardware has seen strong sales since its launch on June 5. Looking at software, Mario Kart World, which was released on the same day as the hardware launch, recorded sales of 9.57 million units, including bundle sales, and Donkey Kong Bananza, released in July, recorded sales of 3.49 million units, with both titles growing steadily. Given that consumers can play both Nintendo Switch 2 exclusive software and Nintendo Switch software with Nintendo Switch 2, titles such as Mario Kart 8 Deluxe and Super Mario Party Jamboree, which were released for Nintendo Switch in previous fiscal years, also had stable sales. As a result, Nintendo Switch 2 hardware sales reached 10.36 million units, and Nintendo Switch 2 software sales reached 20.62 million units. In addition, Nintendo Switch hardware sales totaled 1.89 million units, and Nintendo Switch software sales totaled 61.56 million units. Turning to our digital business for our dedicated video game platforms, digital sales totaled 155.5 billion yen, down 2.8% year- on-year, due to factors such as the impact of foreign exchange rates and a decrease in sales of download-only software. In our IP related business, sales came to 33.3 billion yen, down 12.4% year-on-year, mainly due to a decrease in movie-related revenue.”