NintendoNintendo Co., Ltd.7974東証プライムその他製品FY ending Mar 2026, consolidated, J-GAAP

Nintendo FY ending Mar 2026 results

Nintendo brought in ¥2.31T in revenue.

Out of every ¥100 of sales, about ¥15 is left as operating profit.

Revenue changed +98.6% from the prior year, operating profit +27.5%.

Revenue and profit pattern

Revenue and profit upRevenue grew faster

Revenue +98.6% · profit +27.5%, calculated from disclosed figures.

Operating leverage: 0.28× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue
+98.6%¥1.16T → ¥2.31T
Gross profit
+28.0%¥710.2B → ¥909B
Operating income
+27.5%¥282.6B → ¥360.1B
Net income attributable to owners
+52.1%¥278.8B → ¥424.1B
Operating cash flow
+2301.1%¥12.1B → ¥289.8B
Free cash flow
Back to profit-¥6.94B → ¥262.6B

Results at a glance

  • Revenue for the FY ending Mar 2026 was ¥2.31T, up +98.6% from ¥1.16T the year before.
  • Profit grew more slowly: gross profit rose +28.0% and operating income +27.5% to ¥360.1B.
  • Net income attributable to owners reached ¥424.1B (+52.1%), ending up above operating income.
  • Operating cash flow jumped from ¥12.1B to ¥289.8B, and free cash flow turned positive at ¥262.6B.

What drove the change

  • Nintendo Switch 2, launched in June 2025, got off to a strong start and kept selling well around the world
  • Spending on R&D and advertising went up, which pushed SG&A higher
  • Equity-method income from affiliates such as The Pokémon Company, plus interest income and foreign exchange gains, lifted non-operating income and net income

Things to watch

  • Results swing widely depending on whether hit titles appear and how big they are
  • Most overseas sales are made in local currencies, so exchange rate moves affect earnings
  • Key parts and assembly are outsourced, so parts shortages or problems at suppliers could disrupt supply

Annual Securities Report (FY ending Mar 2026) / Management's Analysis of Financial Position, Operating Results and Cash Flows · Annual Securities Report (FY ending Mar 2026) / Business Risks

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

Where ¥100 of sales goes

For every ¥100 Nintendo sells, how much goes where, and how much is kept.

FY ending Mar 2026
Cost of sales
¥61
SG&A
¥24
Operating profit
¥15
Net profit kept
¥18

Annual margin trends

Gross margin39.3%
FY ending Mar 2021: 55.2%55.2%FY ending Mar 2022: 55.8%55.8%FY ending Mar 2023: 55.3%55.3%FY ending Mar 2024: 57.1%57.1%FY ending Mar 2025: 61.0%61.0%FY ending Mar 2026: 39.3%39.3%FY21FY22FY23FY24FY25FY26
Operating margin15.6%
FY ending Mar 2021: 36.4%36.4%FY ending Mar 2022: 35.0%35.0%FY ending Mar 2023: 31.5%31.5%FY ending Mar 2024: 31.6%31.6%FY ending Mar 2025: 24.3%24.3%FY ending Mar 2026: 15.6%15.6%FY21FY22FY23FY24FY25FY26
Net margin18.3%
FY ending Mar 2021: 27.3%27.3%FY ending Mar 2022: 28.2%28.2%FY ending Mar 2023: 27.0%27.0%FY ending Mar 2024: 29.3%29.3%FY ending Mar 2025: 23.9%23.9%FY ending Mar 2026: 18.3%18.3%FY21FY22FY23FY24FY25FY26

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Sources

Show source documents (10)
  • EDINET (FSA Japan)

    有価証券報告書-第86期(2025/04/01-2026/03/31)

    ID S100Y9NX2026-06-25Open
  • EDINET (FSA Japan)

    有価証券報告書-第85期(2024/04/01-2025/03/31)

    ID S100W73A2025-06-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第84期(2023/04/01-2024/03/31)

    ID S100TMMG2024-06-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第83期(2022/04/01-2023/03/31)

    ID S100QY8A2023-06-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第82期(令和3年4月1日-令和4年3月31日)

    ID S100O9PP2022-06-30Open
  • EDINET (FSA Japan)

    有価証券報告書-第81期(令和2年4月1日-令和3年3月31日)

    ID S100LK4Y2021-06-30Open
  • EDINET (FSA Japan)

    有価証券報告書-第80期(平成31年4月1日-令和2年3月31日)

    ID S100ITKB2020-06-29Open
  • EDINET (FSA Japan)

    有価証券報告書-第79期(平成30年4月1日-平成31年3月31日)

    ID S100G23Z2019-06-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第78期(平成29年4月1日-平成30年3月31日)

    ID S100D6WC2018-06-29Open
  • EDINET (FSA Japan)

    有価証券報告書-第77期(2016/04/01-2017/03/31)

    ID S100APYF2017-06-30Open

Extracted from XBRL: 53 / Derived from other figures: 1

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