ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Media & Entertainment

Nintendo operating profit drops 15% on Switch sales decline

Net profit jumps 28% boosted by weak yen for April-June quarter

Nintendo sold 3.43 million Switch consoles in the April-June quarter, down from 4.45 million units in the same period last year.   © Reuters

TOKYO -- Nintendo on Wednesday reported an operating profit of 101 billion yen ($760 million) for the three months through June, down 15% from a year earlier, as sales of its flagship Switch consoles dropped.

But net profit rose 28% to 118 billion yen thanks to the weak Japanese yen. Overseas markets account for nearly 80% of the game company's total sales. The total exchange gains during the quarter reached 51 billion yen.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more