Video Games: Nintendo’s net profit plunged by nearly 50% last year. The brand is counting on the Switch 2, marketed from June 5th, to recover
Will the Switch 2 manage to revive Nintendo? The giant Japanese video game company Nintendo announced on Thursday a plunge of 43.2% of its net profit on its staggered 2024-2025 completed at the end of March, seeing its sales leaded by the absenteeism of players before the imminent release of the Switch 2.
During the year, Nintendo recorded a net profit of 278.8 billion yen (1.71 billion’euros), for a turnover that fell by 30% to 1.165 billion yen (7.16 billion’euros). Sales of the Switch have plunged 22%, while its successor, the Switch 2, will be marketed from June.
The Japanese video game giant Nintendo plans to sell 15 million’ copies of its new switch 2 Hybrid Console on his staggered fiscal year 2025-2026, he announced Thursday. Much less than’expected by experts surveyed by Bloomberg (16.8 million’units).
The group is preparing to market from the 5th June, the Switch 2, eagerly awaited by players but whose price (440 euros) is considered too expensive has aroused strong reactions. This new model is supposed to stop the’ crumbling of its sales of the original Switch, released in March 2017.
