Nintendo stock reports a 9.5 percent Q1 revenue decline

Published on 10/07/2026 at 09:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Operating profit reached JPY 142.5 billion in Q1 FY2027, up 150.5 percent year over year. Nintendo stock has a November 5 results date.

Nintendo, JP3756600007, Illustration mit AI erstellt.

Nintendo stock (ISIN JP3756600007) was last at JPY 7,775 on the Tokyo Stock Exchange on October 7, 2026, down 0.51 percent from the prior session. The company enters its next reporting checkpoint after a quarter in which profit growth sharply outpaced sales.

Profit growth outpaces sales

In the first quarter of fiscal 2027, Nintendo generated revenue of JPY 517.8 billion, a 9.5 percent year-over-year decline, while operating profit reached JPY 142.5 billion, up 150.5 percent. Net income stood at JPY 147.4 billion for the quarter.

note reported on October 3, 2026, that Nintendo maintained its fiscal-year forecast of JPY 2.05 trillion in revenue and JPY 370 billion in operating profit. The contrast between lower sales and higher operating profit makes software mix, tariffs and hardware profitability more important than unit growth alone.

Analysts see wide price range

The consensus published by Investing.com comprises 26 analysts and carries a Buy rating, with 17 Buy ratings, 7 Holds and 3 Sells. The average 12-month target is JPY 10,248.8, while the high and low estimates are JPY 21,260 and JPY 5,000, respectively. Against the October 7 price of JPY 7,775, the average target lies 31.82 percent above the stock.

The same consensus page lists UBS at Sell with a JPY 5,500 target on October 2, 2026, while Benchmark and Citi carry Buy ratings with targets of JPY 10,000 and JPY 9,800. This spread highlights the central debate: software and user engagement can support margins, but hardware demand and component costs remain material variables for the Switch 2 cycle.

November date sets next checkpoint

Nintendo lists its six-month earnings release for November 5, 2026. That report will show whether the strong first-quarter operating result was sustained beyond the tariff-related benefit and whether the software contribution can offset the lower hardware comparison.

Stock remains below yearly high

Nintendo stock was last at JPY 7,775 on October 7, 2026, with a session range of JPY 7,757 to JPY 7,939. Its 52-week range is JPY 6,544 to JPY 14,630, while market capitalization was JPY 9.0 trillion and volume reached 5,550,600 shares.