As a dedicated Nintendo enthusiast, I’m sharing the news about their Q3 FY25 earnings report – it seems they’re revising their projections downward once more. This adjustment, happening at the end of the lifecycle for the original Nintendo Switch, is affecting both their revenue and profit margin.
Nintendo has revised its projected revenue for the fiscal year 2024-2025, estimating it will be approximately 7% lower than the previous forecast announced in November 2024. The revision is due to a change in the company’s exchange rate assumption for the U.S. Dollar from 140 yen per dollar to 150 yen per dollar. However, the decline in console hardware sales has proven too strong to offset this adjustment. Nintendo now anticipates selling 11 million Nintendo Switch consoles by the end of its fiscal year on March 31, 2025. This represents a decrease of 12% compared to the earlier forecast provided by the company.
Nintendo adjusted its projected dividend payouts to align with their capital return policy, which some investors may find less than ideal. However, it’s worth noting that the Nintendo Switch reached an impressive 150 million lifetime console units sold during the same period.
As a dedicated gamer, I must admit that the anticipation leading up to the new console generation in FY25 was somewhat tempered. The hype from the Mario Movie was once a strong tailwind, but now it’s become a tough act to follow, especially considering the impressive performance of Nintendo in FY24. It seems some prospective buyers are holding back their purchases, eagerly awaiting more details about the rumored Switch 2 before parting with their hard-earned money.
Given that the stock is currently at record levels and the buzz around the upcoming Switch 2 is growing stronger, it’s possible that the quarterly report for FY26 may not be the primary focus of interest for Nintendo investors as they look ahead.
This piece serves an educational role, not as a guide for investments. Remember to consider factors like your personal investment timeline, level of risk you’re comfortable with, and seek advice from a financial expert before using this data in actual investment decisions.
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In the context of this article, here are the roles held by Shacknews’ main investor Asif A. Khan, his relatives, and Virtue LLC:
1. Asif A. Khan
2. Family members of Asif A. Khan
3. Virtue LLC (Asif A. Khan’s company)
Each of these parties had specific positions at the time the article was written.
Long Nintendo via NTDOY shares
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2025-02-04 11:28