Second Quarter Financial Results and Corporate Management Policy Briefing: Fiscal Year Ending March 2024

Nintendo achieved robust financial growth during the first half of the fiscal year ending March 2024, characterized by significant year-on-year increases in net sales and profits. This performance, bolstered by the commercial success of major software titles and the global impact of the Super Mario Bros. film, prompted an upward revision of full-year financial forecasts. The company continues to leverage the Nintendo Switch platform, now in its seventh year, by maintaining a high volume of first-party and third-party software sales while supporting a user base of over 117 million annual players.

The core corporate strategy centers on an integrated hardware-software model, augmented by an aggressive expansion of intellectual property across diverse media and physical channels. By utilizing film, theme parks, retail pop-up stores, and the upcoming Nintendo Museum, the company is successfully converting broader cultural engagement into sustained interest for its gaming franchises. This ecosystem is further reinforced by the Nintendo Account system, which connects 330 million users and provides a foundation for long-term consumer relationships and digital service growth.

Looking toward the future, the company is prioritizing long-term stability through substantial capital investments in research and development, including the construction of a new development center scheduled for completion in 2028. Strategic initiatives also include the development of a live-action Legend of Zelda film and a formal commitment to environmental, social, and governance standards. By balancing the extension of the current hardware lifecycle into its eighth year with these long-term infrastructure and content investments, the company aims to solidify its global market position and ensure continued engagement across its expanding portfolio of intellectual property.