Nintendo teases long-awaited Switch successor as profit slides

The company now expects Switch sales of 13.5 million units in the current fiscal year, down from 15.7 million. Its guidance on software sales also points to a decline, from 200 million units to 165 million units.

Gaming giant Nintendo said it will announce a successor to its seven-year-old Switch games console, after forecasting a bigger-than-expected profit decline for the current fiscal year.

President Shuntaro Furukawa posted on X to say there will be an announcement on the next hardware platform in the coming year, shortly after his company said it expects operating income to fall 24% to ¥400bn (€2.4bn) on a 19% revenue decline in the year to March 2025. Both figures fell well shy of average analyst estimates and underscored the challenge for the company that’s still reliant on ageing hardware.