Nintendo Co., Ltd.
Market Data Current As Of: August 12, 2026
Explore Nintendo
Core profile pages, annual revenue records, and related research hubs for this company.
Nintendo Co., Ltd.
Explore Nintendo
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$11.3B / JPY 1.67T (FY2024)
Market Cap
$65.0B
Net Income
$3.1B
Employees
7,317
Nintendo's financial history is defined by extreme cyclicality tied to hardware generations. The massive success of the Wii (2006) drove record profits, followed by severe financial contraction during the Wii U era (2012). However, the launch of the Nintendo Switch (2017) catalyzed a golden era of sustained profitability. Unlike competitors, Nintendo historically refuses to sell hardware at a loss. Because they develop their own massively successful software (which commands high margins) and rely less on third-party publishers, their profit margins during successful console generations are extraordinary. The company also maintains a famously massive cash reserve, giving it the financial resilience to survive failed console generations without risking bankruptcy. This conservative fiscal policy ensures that Nintendo can take massive creative risks with its hardware without facing existential financial threats if a product fails in the market.
Revenue Trend Analysis
YoY Change
-19.3%
4-Year CAGR
-1.5%
Peak Year
2021
Trend
Declining Trend
Nintendo Co., Ltd. has reported revenue across 5 fiscal years, compounding at -1.5% annually over 4 years. The most recent year saw a 19.3% decline versus the prior year. Revenue peaked in 2021 at $16.0B. Out of 4 reported periods, 1 showed growth and 3 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | $11.3B | $3.1B | -19.3% |
| FY2023 | $14.0B | — | -6.7% |
| FY2022 | $15.0B | — | -6.3% |
| FY2021 | $16.0B | — | +33.3% |
| FY2020 | $12.0B | — | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Nintendo Co., Ltd. is the second-largest sportswear manufacturer in the world (behind Nike), consistently generating over €21 billion in annual revenue.
When Nintendo Co., Ltd. terminated its partnership with Satoru Iwata in 2022, it was left with over €1 billion in unsold Wii U inventory, resulting in massive write-downs and the company's first annual loss in over 30 years.
Footwear gross margins are typically strong (around 47-50%), but operating margins were severely squeezed by the Wii U fallout, excess inventory markdowns, and inflation in 2023.
Yes, Nintendo Co., Ltd. traditionally pays an annual dividend, though it significantly slashed the payout during the 2023 financial crisis to preserve cash flow.
Under new CEO Shuntaro Furukawa, Nintendo Co., Ltd. is recovering by slowly selling off the remaining Wii U inventory (donating a portion to charity) and riding a massive viral sales boom of its classic 'Mario' and 'Zelda' consoles.
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 $11B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/nintendo/financials" target="_blank" rel="noopener">CorpDigest — Nintendo Co., Ltd. financials</a></div>