Nintendo is expected to announce its financial report on the 8th, and it is predicted that profits for this fiscal year will significantly increase.
Nintendo will announce its profit forecast for the current fiscal year on the 8th. With the full launch of the "Switch 2" home gaming console entering its second year on the market, expectations are for an increase in profits. A media survey of 29 analysts predicts that operating profit for the fiscal year will reach 480.3 billion yen, a significant increase from the previous fiscal year's average forecast of 388.3 billion yen. Hardware sales of the Switch 2 are estimated to be 19.42 million units, with software sales estimated at 123.9 million copies, and the market generally believes that platform expansion will boost revenue. However, there are concerns about the future, as the company's stock price has already fallen by 28% year-to-date as of the closing on the 1st. The expected surge in memory prices is likely to further weaken hardware profitability, and the flexibility of pricing strategies will also be a focus of attention. Whether the company can demonstrate confidence in maintaining profit margins will be a key focus for the market.
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