Nintendo Co., Ltd.
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Nintendo Co., Ltd.
Compare market positioning with top industry peers
Explore Nintendo
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
¥2.31T
Market Cap
$62.1B
Net Income
¥424.1B
Employees
7,300
Nintendo's financial narrative is a large story of cyclical 'Hardware Booms' completely stabilized by very high-margin 'First-Party Software'. When they release a failed console (like the Wii U), their revenue crashes. However, when they release a large hit (like the Nintendo Switch, selling over 130 million units), they print billions of dollars. Their true financial skill is that unlike Sony, Nintendo does not sell their hardware at a loss. They make a profit on every physical Switch sold, and then they sell their own highly proprietary games (like Mario Kart) at full price for years, generating large, unbreakable cash flow.
Revenue Trend Analysis
YoY Change
+98.6%
4-Year CAGR
+8.1%
Peak Year
2026
Trend
Mostly Growing
Nintendo Co., Ltd. has reported revenue across 5 fiscal years, compounding at +8.1% annually over 4 years. The most recent year saw a 98.6% increase versus the prior year. Revenue peaked in 2026 at ¥2.31T. Out of 4 reported periods, 2 showed growth and 2 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2026 | ¥2.31T | ¥424.1B | +98.6% |
| FY2025 | ¥1.16T | ¥278.8B | -30.3% |
| FY2024 | ¥1.67T | ¥490.6B | +4.4% |
| FY2023 | ¥1.6T | ¥432.8B | -5.5% |
| FY2022 | ¥1.7T | ¥477.7B | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Nintendo generates annual consolidated net sales of 1.3 trillion to 1.7+ trillion JPY ($9B-$12B+ USD), delivering operating profit of 400 billion to 550+ billion JPY and net profit exceeding 350 billion to 490+ billion JPY.
Digital sales (eShop downloads, digital-only software, DLC, and NSO subscriptions) account for approximately 48% to 52% of Nintendo's total software sales, significantly improving gross margin profitability compared to physical cartridge distribution.
Nintendo generates approximately 75% to 80% of its total revenue outside Japan: the Americas represent ~43-45%, Europe ~25-27%, Japan ~21-23%, and other international regions ~6-8%.
Nintendo maintains one of the strongest balance sheets in the global tech industry, holding over 1.5 trillion to 1.9+ trillion JPY ($10B-$13B+ USD) in cash, cash equivalents, and short-term investments with zero interest-bearing financial debt.
Nintendo invests over 110 billion to 140 billion JPY ($750M-$950M+ USD) annually in R&D, focused on next-generation hardware architectures, custom silicon design with NVIDIA, network infrastructure, and experimental interactive entertainment.
Nintendo distributes dividends semi-annually with a target payout ratio of 33% of consolidated operating profit (or 50% of net profit), paired with opportunistic share buyback programs to enhance total shareholder return.
Nintendo's top-selling Switch titles have achieved historic sales figures: Mario Kart 8 Deluxe (over 62M units), Animal Crossing: New Horizons (over 45M units), Super Smash Bros. Ultimate (over 34M units), and The Legend of Zelda: Breath of the Wild (over 32M units).
Nintendo achieves an operating profit margin typically between 30% and 36%, maintaining high margins even in the late stages of a console generation due to high software attach rates and digital catalog longevity.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Nintendo Co., Ltd. Revenue & Financials." CorpDigest, https://corpdigest.com/company/nintendo/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Nintendo Co., Ltd. reported ¥2.31T in revenue (FY2026).</strong><br>Source: <a href="https://corpdigest.com/company/nintendo/financials" target="_blank" rel="noopener">CorpDigest — Nintendo Co., Ltd. financials</a></div>