By Kosaku Narioka
Nintendo is scheduled to report its third-quarter results on Tuesday. Here's what you need to know:
NET PROFIT FORECAST: Nintendo's net profit is expected to have increased 15% to 148.3 billion yen, equivalent to $958.2 million, for the three months ended December, according to a poll of analysts by Visible Alpha. That would compare with net profit of Y128.53 billion in the year-earlier period.
REVENUE FORECAST: Third-quarter revenue is estimated to have increased 95% from a year earlier to Y844.7 billion, according to the Visible Alpha poll.
The stock has fallen 6.6% year to date, following a 14% gain in 2025.
WHAT TO WATCH:
--Nintendo in November boosted its Switch 2 sales forecast for the fiscal year ending March. It forecast to sell 19 million Switch 2 consoles. As of the end of September, the device had sold 10.4 million units. Investors will be closely watching any updates on sales, production and software plans for the device.
--For the fiscal year, Nintendo has projected revenue to increase 93% to Y2.250 trillion and net profit to climb 25.5% to Y350.0 billion. Investors will be focusing on any changes to the annual guidance as well as management's views on a shortage of memory chips and any other supply-chain issues.
--First-half intellectual property-related income fell 12% to Y33.3 billion. Investors will be paying attention to any signs of recovery in intellectual-property income as Nintendo tries to diversify its revenue streams beyond videogames.
Write to Kosaku Narioka at kosaku.narioka@wsj.com
(END) Dow Jones Newswires
February 02, 2026 04:17 ET (09:17 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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