Economy‘Mama mia!’: Trump tariff refund fuels 53% profit spike at Nintendo

Nintendo has reported a sharp rise in quarterly profit, driven largely by a long-awaited refund linked to Donald Trump’s tariffs. The Japanese video game company said profit climbed 53.5% to ¥147.4bn in the three months through June. That result was well above expert forecasts of ¥77.8bn. The company nevertheless recorded a decline in overall sales.

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TThe Guardian★★☆☆☆2026-08-06 10:13Original