Nintendo's Revenue Fell 10% to ¥517.8Bn Despite Strong Switch 2 Sales

8bn despite strong Switch 2 sales, as the refund amount remained undisclosed. Tokyo-listed shares rose 2.87% on Thursday. Nintendo faces a class action lawsuit over tariff-related price hikes, which it calls 'meritless', while a fresh US tariff round on Japan and a 25-state lawsuit against the administration could lead to further refunds. The company maintained strong sales momentum.