Nintendo’s November 2026 Financial Results Q&A Now Available In English
Nintendo has released an official English translation for their recent November 2026 financial results Q&A.
The Q&A discusses a number of topics, including potential Switch 2 price increases, future movie and video projects, and more. You can read a few excerpts below, or view the full responses here.
Q3: I’d like to hear your thinking on hardware and software pricing. Given the rising price of hardware components, how do you factor cost into your development process? Also, for software, what is your approach to pricing and development in light of inflation? Finally, under what circumstances would you consider revising the prices of existing products, also taking into account your long-term sales strategy?
Shuntaro Furukawa: As far as pricing is concerned, our approach toward hardware and software is different. Hardware is manufactured using various components supplied by numerous business partners, so manufacturing costs are susceptible to the external environment. Currently, manufacturing costs are trending upward due to various external factors. Our basic thinking is that if costs rise by a moderate amount, we will work to keep sales prices unchanged through measures like improving production efficiency to absorb those increased costs, and by bearing the remaining costs ourselves, to the extent possible. However, considering the overall profitability of the business, if the impact over the mid-to-long term is such that we cannot absorb the costs through our own efforts, and we determine that it would be difficult to maintain a healthy profit structure, we will need to consider price revisions. Packaged software also uses memory in game cards, so rising component prices are affecting them as well. Although the impact is more limited than for hardware, the situation is not
necessarily favorable either. Our basic policy for software is to set prices that reflect the value of each title. Instead of setting a uniform price, we consider and determine the price on an individual basis, taking the content of each software product into account.Q4 In today’s presentation, it was indicated that Nintendo plans to continue producing movies and video content beyond the live-action movie of The Legend of Zelda. Could you tell us your future production and release plans, as well as your thoughts on the movie business?
Furukawa: Although I cannot talk about specifics at this time, we do intend to continue delivering new movies and video content beyond the live-action movie of The Legend of Zelda, which is set to premiere next year. We have been saying for the past few years that we want to actively pursue movies and videos because of their strong affinity with our dedicated video game platform business. In addition to theatrical releases, increasing the opportunities for consumers to encounter Nintendo’s characters and game worlds through other forms of video content, such as those produced by our subsidiary Nintendo Pictures, plays an important part in achieving our goal of mid-to-long-term growth of our overall business.
Q6 The Pokémon Company has announced that, in addition to the release of Pokémon Winds and Pokémon Waves, the movie Pokémon: Wild Card is scheduled for release in 2027. How are you viewing the development of the Pokémon initiatives in conjunction with the movie and the impact it will have on the Nintendo Switch 2 business?
Furukawa:
The business development of Pokémon is handled by The Pokémon Company, an equitymethod affiliate of Nintendo, so I will refrain from giving any specific explanation, but titles related to Pokémon have played a significant role in the growth of the installed base of
Nintendo’s dedicated video game systems. Pokémon Pokopia, which was released this year in March, is a significant driver of Nintendo Switch 2 sales. This year marks the 30th anniversary of the release of Pokémon Red and Pokémon Green [in Japan], and The Pokémon Company is generating substantial interest through various initiatives including the trading card game. We recognize that Pokémon Winds and Pokémon Waves, brand new entries in the Pokémon series scheduled for release next year for Nintendo Switch 2, are very important titles as Nintendo Switch 2 enters its third year since launch, and we intend to do our best to maximize their sales.
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