On May 2, 2026, Nintendo Co. released a downbeat financial forecast for fiscal 2026 (ending March 2027). The company expects net profit to decline 26.9% year-on-year to 310 billion yen (about $2 billion).
The primary cause is slowing sales of the Switch 2 console after a planned price hike for the device. Nintendo said the forecast reflects expectations that the market will cool for its flagship product line, which had seen strong growth in previous years.
Although Nintendo has not disclosed the exact scale of the price increase, the move is intended to offset rising material and manufacturing costs. The projection marks a significant profit drop from the 424 billion yen recorded in fiscal 2025, highlighting growing pressure on Nintendo's hardware business.
Nintendo remains one of the world's largest game makers, but the financial outlook suggests it faces challenges maintaining momentum as the gaming market becomes increasingly competitive.
