Nintendo Co (OTC:NTDOY) posted strong fiscal 2026 results, but the gaming giant warned of weaker sales and profits ahead as rising component costs, tariffs, and pricing pressures weigh on its Switch 2 business.

Posts Strong Fiscal 2026 Results

Nintendo reported fiscal 2026 revenue of 2.31 trillion yen, nearly doubling from 1.16 trillion yen a year earlier, while net profit climbed 52.1% to 424.0 billion yen.

The company sold 19.86 million Nintendo Switch 2 consoles during the fiscal year. Nintendo Switch sales fell to 3.80 million units from 10.80 million units a year earlier.

Nintendo also continued to benefit from strong demand for its core entertainment franchises. “The Super Mario Galaxy Movie” generated nearly $900 million globally, while “Pokémon Pokopia” became one of the Switch 2’s top-selling games.

Raises Switch 2 Prices Globally

Nintendo said it will revise Switch 2 pricing during the fiscal year ending March 2027 and already included the expected impact in its financial forecast.

In Japan, the company will raise the price ...