Nintendo Switch 2 Sales Soar Past 10 Million, Firm Raises Fiscal Forecasts

Nintendo's Switch 2 console has achieved record-breaking sales, moving 10.36 million units within its first six months and prompting the company to raise its sales forecast to 19 million units by March 2026, up from an initial estimate of 15 million. This success has contributed to Nintendo's net profit soaring by 85% in the first half of its fiscal year, with revenue doubling compared to the previous year, driven largely by strong hardware and software sales, including hit titles like Mario Kart World and Donkey Kong Bonanza. The Switch 2's launch performance surpasses that of both the original Switch and PlayStation 5, supported by the console's versatile design and popular game offerings. Nintendo also increased its operating profit forecast by around 16% to ¥370 billion (roughly $2.4 billion) and boosted its dividend payout to 60%, reflecting optimism for continued strong sales through the holiday season. Despite a slight dip in Nintendo's stock price following the earnings report, retail investor sentiment turned bullish, signaling confidence in the company's growth prospects. Overall, the Switch 2's robust market reception has fueled Nintendo's financial strength and positioned it well for future success.