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Nintendo Q1 Net Sales Fall 9.5% as Operating Profit Jumps on Software and US Tariff Reimbursements

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Sig2.53Sen+2.97Env+0.03Soc+0.17Gov+0.33

Nintendo’s first-quarter net sales fell 9.5% to ¥517.8 billion, but operating profit surged 150.5% to ¥142.5 billion, and net profit rose 53.3% to ¥147.4 billion. Results were driven by stronger software revenue and $300 million in U.S. tariff reimbursements. Switch 2 hardware sales declined while Switch 2 and original software sales grew, led by Tomodachi Life.

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