During a recent earnings call, Nintendo revealed that while sales are up, profit is down after a tough year, and already thin margins could get tighter looking ahead to 2026 and beyond.
The call, first reported on by Bloomberg Asia, reveals a profit of 23%, less than expected. This is largely blamed on the 2025 tariffs instituted by the U.S. Trump administration, which impacted several countries where Nintendo produces the Switch 2, including China and Vietnam. Nintendo President Shuntaro Furukawa highlighted the tariff issues while also raising concerns over the impact of rising memory costs.
