# Nintendo recorded a 424 billion yen ($2.7 billion) net profit for the fiscal year that ended in March.

*business · news · 2026-05-08 · Japan Today*

## Key points

- Nintendo raised the Switch 2's price in Japan to 59,980 yen, effective May 25.
- U.S. Switch 2 price will increase to $499.99 in September, up from $449.99.
- Nintendo forecasts an 11% profit decline to 2.1 trillion yen for fiscal year through March 2027.
- “Tomodachi Life: Living the Dream” sold over 3.8 million units within two weeks of release.
- Nintendo expects Switch 2 hardware sales to fall 17%, but software sales to rise by 23%.

**Companies:** Nintendo
**Countries:** Japan, United States

[Read the full story on Japan Today](https://japantoday.com/category/business/japanese-video-game-maker-nintendo-raises-switch-price-forecasts-lower-profits)

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