TechNintendo beats earnings estimates with US tariff refunds it won’t share with gamers

Nintendo significantly exceeded its first-quarter earnings estimates for the fiscal year. Strong sales of its games helped drive operating profit to 142.5 billion yen, or about $902 million, between April 1 and June 30. The company also benefited from refunds tied to US tariffs. Those refunds boosted its results, but customers are unlikely to receive any of that money, leaving the benefit with Nintendo rather than its players.

Nintendoearningsgame salesUS tariffs

TThe Verge★★☆☆☆2026-08-06 10:58Original