Nintendo’s Profits Jump $300 Million After Tariff Refunds And Strong Software Sales
Nintendo’s Profits Jump $300 Million After Tariff Refunds And Strong Software Sales https://ift.tt/qGf1OJR Back in August 2025, Nintendo increased the price of the original Switch console in accordance with ongoing tariffs, but after the US Supreme Court declared these to be unlawful, it didn't hesitate to claim a refund. With the release of its quarterly earnings (April 1 to June 30) for the current financial year, we now have a clear picture of just how much these refunds helped Nintendo, as it recorded a 52% increase in its operating profits year-on-year, totaling $300 million. It's worth noting that Nintendo didn't reach this figure purely with tariff refunds, as the company says that "solid software sales and the resulting increase in the proportion of software in net sales" also helped. The US tariffs--that Nintendo sued the US government over --were previously recorded as cost of sales, and Nintendo also noted that its gross profit margin increased b...
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