Nintendo forecasts 16.5 mln annual Switch 2 sales, hikes prices (updated)

Nintendo

08/05/2026 07:49

Adds details on cost impact, president comments in bullets 4-6

TOKYO, May 8 (Reuters) - Nintendo 7974.T said on Friday it expects to sell 16.5 million Switch 2 units in the financial year ending March 2027 and for operating profit to rise 2.7% to 370 billion yen ($2.36 billion).

Sold 19.9 million Switch 2 units in the financial year ended March 31.

Nintendo revises manufacturers' suggested retail prices of Japanese-language Switch 2 to 59,980 yen from 49,980 yen.

Also planning price increases for Switch 2 in U.S., Canada and Europe effective September 1.

President Shuntaro Furukawa says rising prices of components including memory and exchange rates among factors in decision to raise prices.

Furukawa says Switch 2 profitability will be roughly unchanged from last financial year with price hikes.

Nintendo says rising cost of components, particularly memory, and tariffs will add roughly 100 billion yen to costs this financial year.

Nintendo reported annual operating profit rose 27.5% to 360.1 billion yen last financial year, below analyst estimates.

Investors are concerned about potential impact of memory price surge on margins.

Switch 2 games pipeline is seen as thin.

Concerns have weighed on Nintendo's shares.

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($1 = 156.8200 yen)

(Reporting by Sam Nussey
Editing by Chang-Ran Kim)

((sam.nussey@tr.com;))