NINTENDO SHARES CLIMB ON OPTIMISTIC SWITCH CONSOLE OUTLOOK

Nintendo shares jumped over 10% on Wednesday after the company raised its sales and profit forecasts.

The Japanese gaming giant now aims to sell 19 million units of its Switch 2 console this financial year, up from the previous target of 15 million.

Alongside this, Nintendo increased its annual net profit forecast to 350 billion yen ($2.3 billion) from 300 billion yen.

Company president Shuntaro Furukawa said the Switch 2 has not yet surpassed the Nintendo DS, the company’s best-selling platform, but could do so if current sales momentum continues.

Shares briefly climbed more than 10% to 14,265 yen, trading up 8.18% at 14,005 yen in morning trading.

Source: PhilNews24 | November 6, 2025

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