Nintendo financial results – May 2025 – Switch at 152.12 million units, more

We now have Nintendo’s financial results for May 2025, which covers the full fiscal year.  The latest information is now available regarding Nintendo Switch hardware and software sales, the company’s overall performance, and more.

Below are the full highlights:

– Operating profit this period – 282.5 billion yen 
– Ordinary profit this period – 372.3 billion yen

– Switch hardware total – 152.12 million
– Switch software total – 1,391.23 million units

– Overall Switch sales this period – 15.70 million
– Standard Switch sales this period – 3.86 million
– Switch OLED sales this period – 9.32 million
– Switch Lite sales this period – 2.52 million

– Switch 2 hardware forecast: 15 million units
– Switch 2 software forecast: 45 million units

– Switch hardware forecast: 4.50 million units
– Switch software forecast: 105.00 million units

– Mobile, IP related income, etc. this period – 67.6 billion yen

Looking at the Nintendo Switch business for the full fiscal year (April 2024 through March 2025), sales of titles released during this fiscal year grew steadily, with Super Mario Party Jamboree selling 7.48 million units, The Legend of Zelda: Echoes of Wisdom selling 4.09 million units, and Paper Mario: The Thousand-Year Door selling 2.10 million units. In addition, we saw stable sales in titles released through the end of the previous fiscal year, with Mario Kart 8 Deluxe selling 6.23 million units (for cumulative sales of 68.20 million units). As a result of these factors, the total number of million-seller titles during this fiscal year reached 24, including titles from other software publishers. Hardware sales totaled 10.80 million units (a decrease of 31.2% year-on-year), and software sales totaled 155.41 million units (a decrease of 22.2% year-on-year).

Sales of both hardware and software declined compared to the previous fiscal year, when sales were substantially driven by The Legend of Zelda: Tears of the Kingdom (released in May 2023) and Super Mario Bros. Wonder (released in October 2023). Even so, sales were steady for a platform that has entered its ninth year.

Turning to our digital business for our dedicated video game platform, digital sales totaled 326.0 billion yen, down 26.5% year-on- year, mainly due to a decrease in sales of Nintendo Switch downloadable versions of packaged software.

In the mobile and IP related business, sales of this fiscal year declined 27.0% year-on-year to 67.6 billion yen, due to a decrease in the revenue related to The Super Mario Bros. Movie, which was released in April 2023.

The end result is that overall sales totaled 1,164.9 billion yen, with sales outside of Japan of 890.0 billion yen accounting for 76.4% of the total, and operating profit came to 282.5 billion yen. Interest income of 56.1 billion yen and other factors resulted in ordinary profit of 372.3 billion yen and profit attributable to owners of parent of 278.8 billion yen for the period.

Our new game system, Nintendo Switch 2, will be released on June 5, 2025. Nintendo Switch 2 is the successor to Nintendo Switch and features a larger, more responsive screen providing players with a smoother gameplay experience, new magnetic Joy-Con controllers, and more powerful processing speed and graphics performance that open the door to new ways to play.

For software, we plan to release Mario Kart World and Nintendo Switch 2 Welcome Tour at the same time as the hardware launch, as well as The Legend of Zelda: Breath of the Wild – Nintendo Switch 2 Edition and The Legend of Zelda: Tears of the Kingdom – Nintendo Switch 2 Edition, which enhance the original games. Other software publishers also plan to release a wide variety of titles. We aim to accelerate the platform by working to expand hardware and software sales through conveying the unique appeal of Nintendo Switch 2 and continuously releasing new titles. With Nintendo Switch 2, users can experience exclusive games as well as compatible games from Nintendo Switch.

For Nintendo Switch, we plan to release Pokémon Legends: Z-A in late 2025, and Metroid Prime 4: Beyond during 2025. Other software publishers are also planning to release many new titles. Nintendo Switch is enjoyed by many people around the world, and we will strive to maintain engagement by introducing new titles in addition to the existing titles.

Our financial forecast for the next fiscal year is sales of 1,900.0 billion yen, operating profit of 320.0 billion yen, ordinary profit of 380.0 billion yen, and profit attributable to owners of parent of 300.0 billion yen.

Assumed exchange rates for the major currencies are 140 yen per U.S. dollar, and 155 yen per euro.

For the purposes of our financial forecast for the next fiscal year, U.S. tariff rates effective on April 10, 2025, U.S. Eastern Time, are maintained throughout the fiscal year. Changes to tariff rates may affect our financial forecast. We will continue to monitor the situation to respond to changes in market conditions.

Thanks to Nintendo for today’s data and information. The previous report from February is available here.