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Category Nintendo

Nintendo shares slide after revenue miss as memory chip costs pressure outlook

Nintendo shares slide after revenue miss as memory chip costs pressure outlook

Nintendo shares plunged more than 10% in Tokyo on Wednesday after the gaming giant missed market estimates for quarterly revenue and flagged mounti...
Nintendo stands by profit forecast as Switch 2 sales face durability test

Nintendo stands by profit forecast as Switch 2 sales face durability test

Nintendo on Tuesday reaffirmed its annual operating profit forecast of 370 billion yen, or about $2.4 billion, signalling confidence in its current...
Saudi PIF shifts $12B gaming stakes to Savvy as portfolio gets consolidated

Saudi PIF shifts $12B gaming stakes to Savvy as portfolio gets consolidated

Saudi Arabia’s Public Investment Fund (PIF) is shifting roughly $12 billion worth of listed gaming shares to its subsidiary, Savvy Games Group. The...
Sony launches region‑locked PS5 for Japan at $357, undercutting global $499 price

Sony launches region‑locked PS5 for Japan at $357, undercutting global $499 price

The announcement came out of Tokyo, where Sony said it will release a region-locked PlayStation 5 Digital Edition that only works inside Japan, pri...
Sony cites low tariff impact, booming entertainment businesses for optimistic forecast

Sony cites low tariff impact, booming entertainment businesses for optimistic forecast

Sony Group Corporation has increased its profit forecast for the year ending March 2026 by 8%.