Group 1 - Nintendo advises players not to use Switch or Switch 2 in high-temperature environments, recommending usage between 5°C and 35°C to avoid overheating issues [2] - The recent weather has exceeded 35°C, prompting caution for outdoor gaming [2] Group 2 - Nintendo's Q1 FY2026 report shows that Switch 2 sold 5.82 million units in just 7 weeks, contributing to net sales of 572.3 billion yen (approximately 28.385 billion RMB), a significant year-on-year increase of 132.1% [3] - Operating profit increased by 4.4% to 56.9 billion yen, while recurring profit decreased by 15.6% to 95.8 billion yen, and net profit attributable to shareholders rose by 18.6% to 96 billion yen [3] - The high price point of Switch 2 at $449.99 (approximately 3168 RMB) may raise concerns among potential buyers due to the overheating usage limitations [3] - Nintendo's president, Shuntaro Furukawa, acknowledged the higher pricing of Switch 2 compared to its predecessor and mentioned the company's efforts to expand beyond gaming consoles to engage youth with its iconic characters and entertainment experiences [3]

Core Viewpoint - Nintendo announced a price adjustment for its Switch series consoles and products in the U.S. starting August 3, based on market conditions [1] Group 1: Pricing Adjustments - The price changes will affect the Switch console, Switch OLED model, Switch Lite, and certain Switch accessories [1] - Some accessories for the upcoming Switch2 and the Nintendo alarm clock Alarmo will also see price adjustments [1] Group 2: Future Pricing Considerations - Nintendo stated that the pricing for the Switch2 console, physical and digital games, and Switch Online memberships will remain unchanged for now, but future price adjustments may be necessary [1]

Group 1 - Nintendo will increase the price of the original Switch device starting from August 3 [1] - The price of the upcoming Switch 2 will remain unchanged [1] - Prices of related products will also see changes [1]

Group 1 - Nintendo plans to increase the price of its original Switch family of systems and products in the U.S. effective August 3 [1] - The price hikes are based on market conditions and will affect the original Switch console, Switch Lite, OLED models, and some accessories [1] - The price of the Switch 2 console and Switch games will remain unchanged for now, but future price adjustments may be necessary [2]

智通财经8月1日讯（编辑 赵昊）周五（8月1日），日本任天堂公司在官网发布了第二季度（2026财年 第一财季）业绩报告，受新款游戏主机Switch 2火爆销量的影响，公司当季营收实现翻倍。 具体数据显示，在4月1日至6月30日期间，任天堂净销售额（营收）录得5723亿日元（约合38亿美 元），明显高于市场预期的4711亿日元，去年同期为2466亿日元，同比涨幅达132.1%。 公司营业利润仅录得569亿日元，同比上升4.4%，明显低于营收的涨幅；营业利润率也从去年同期的 22.1%降至9.9%，降幅达到12.2个百分点，毛利率也下降29.5个点至32.3%。 任天堂在报告中解释道，公司季度净销售额的大幅增长，主要得益于 Switch 2的推出。公司特别提到， Switch 2硬件售价较高，因此相对于前一代Switch贡献了更大的营收增长。 | | FY25/Q1 | FY26/Q1 | Comparison | | --- | --- | --- | --- | | Net sales | 246.6 bn yen | 572.3 bn yen | +132.1 % | | Operating profit ...

Core Insights - Nintendo reported a significant increase in sales and net profit for the first quarter ending June 30, 2025, with net sales reaching 572.36 billion yen (approximately 27.23 billion RMB), a 132.1% increase from 246.64 billion yen (approximately 11.72 billion RMB) in the same period last year [1] - The strong performance is attributed to the launch of the Switch 2, which sold over 3 million units within 24 hours of its release, setting a new record for game console sales [1] - The total sales of Switch 2 reached 5.82 million units by the end of the first quarter, while sales of the original Switch declined by 53.5% to 980,000 units [1] Sales Performance - Switch 2 software sales reached 8.67 million units, largely driven by the bundled package with "Mario Kart World," contributing to a 142.5% year-on-year increase in Nintendo's dedicated game business sales, totaling 555.5 billion yen (approximately 26.44 billion RMB) [1] - Regional sales data indicates that the highest sales of Switch 2 were in the Americas at approximately 1.8 million units, followed by Japan with 1.47 million units, Europe with 1.18 million units, and other regions totaling 550,000 units [2] Market Position and Challenges - According to market research firm Circana, Switch 2 achieved first-month sales of 1.6 million units in the U.S., surpassing the previous record held by Sony's PS4, which sold 1.1 million units [4] - In Japan, Switch 2's first-month sales exceeded 1.5 million units, breaking the previous record of 1.36 million units set by the Game Boy Advance [4] - Despite the strong start, the global game console market is expected to become increasingly competitive, with rivals like Sony and Microsoft continuously launching new products and services [4] - Rising game development costs pose a challenge for Nintendo, necessitating the continuous release of high-quality, popular games to maintain player engagement and console sales [4] - Economic uncertainties may also impact consumer purchasing intentions [4] Future Outlook - Nintendo's president, Shuntaro Furukawa, addressed concerns regarding the high pricing of Switch 2, stating that the pricing aligns with the gaming experience offered [5] - For the fiscal year 2026, Nintendo has optimistic projections, expecting a 63.1% increase in revenue, with a sales target of 15 million units for Switch 2 and 45 million game sales [5] - The achievement of these targets will depend on future market performance [5]

Core Insights - Nintendo's quarterly revenue more than doubled year-on-year, driven by the successful launch of the Switch 2, which became the fastest-selling console globally after its June release [1][3]. Sales Performance - The Switch 2 sold 3.5 million units in its first four days and approximately 5.8 million units in its first month [2]. - Net sales for the April-June quarter increased by 132% year-on-year to 572 billion yen ($3.8 billion), with net profit rising 19% [3]. Market Expectations - Nintendo expects to sell 15 million Switch 2 units by the end of March 2026, maintaining its target despite the strong initial sales [4]. - Industry experts believe that the launch of Switch 2 has exceeded expectations and that it will be challenging for other consoles to replicate its success [3][4]. Product Features and Pricing - The Switch 2 features a larger screen, enhanced processing power, and new controller functionalities, while retaining the hybrid concept of its predecessor [7]. - The retail price of the Switch 2 is set at $449.99, compared to the original Switch's launch price of $299.99 [7]. Competitive Landscape - The delayed release of "Grand Theft Auto VI" to May 2026 is seen as beneficial for Nintendo, as it allows the Switch 2 to maintain visibility in the market without competing against a major title [8].

Core Insights - Nintendo's first fiscal quarter Switch console sales reached 980,000 units, significantly lower than the 2.1 million units sold in the same period last year [1] Group 1 - The sales decline indicates a 53.33% year-over-year decrease in Switch console sales [1]

Core Insights - Nintendo's Switch 2 has achieved significant sales success, with total sales reaching 5.82 million units as of the latest update [2] - The company reported a remarkable revenue increase of 132% year-over-year, totaling 572.3 billion Japanese yen ($3.8 billion) for the fiscal first quarter [5] - Nintendo's operating profit for the same quarter was 56.9 billion yen, exceeding expectations [5] Sales Performance - The Switch 2 sold over 3.5 million units within its first four days of launch [3] - Nintendo anticipates reaching 15 million unit sales for the Switch 2 by the end of the fiscal year in March 2026 [3] Market Reaction - Nintendo's shares have surged approximately 40% this year, driven by the excitement surrounding the Switch 2 [2]

Core Insights - Nintendo's operating profit for the first quarter reached 56.93 billion yen, a year-on-year increase of 4.4%, surpassing the forecast of 54.77 billion yen [1] - The net profit for the first quarter was 96.03 billion yen, reflecting a 19% year-on-year growth, exceeding the expected 58.07 billion yen [1] - Sales revenue for the first quarter amounted to 572.36 billion yen, significantly up from 246.64 billion yen in the same period last year, and above the forecast of 489.75 billion yen [1] Financial Forecasts - Nintendo maintains its forecast for the fiscal year 2026, projecting an operating profit of 320.00 billion yen, while the market expectation is 402.94 billion yen [1] - The company also forecasts a net profit of 300.00 billion yen for fiscal year 2026, compared to the market estimate of 358.62 billion yen [1] - Sales revenue for fiscal year 2026 is projected at 1.90 trillion yen, lower than the market forecast of 2.14 trillion yen [1] - Nintendo anticipates a dividend of 129.00 yen for fiscal year 2026, while the market expectation is 155.54 yen [1]