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Nintendo quarterly net profit drops as Switch 2 unit sales slow

Global Published 5 November 2026, 13:07 · archived 5 Nov 2026

TOKYO: Japanese gaming giant Nintendo reported a drop in quarterly net profit on Thursday as unit sales slowed for its Switch 2 console, but maintained its annual forecasts. A remake of 1990s action-adventure classic “The Legend of Zelda: Ocarina of Time”, which comes out Thursday, has sparked nostalgic fan excitement. But market analysts will be watching to see how much the title can boost sales of the Switch 2, which became the world’s fastest-selling games console on its 2025 release. Nintendo reported an 11 percent year-on-year rise in net profit for the first half of 2026-27. But in the s...

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