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Nintendo’s holiday quarter earnings and revenues fall short of expectations

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

Nintendo reported today that it missed earnings targets for its third fiscal quarter ending December 31, largely because the Japanese video game company didn’t launch any major hits during the popular holiday selling season.

The Kyoto, Japan-based video game company reported net income of 29.1 billion yen, or $241.3 million. Nintendo was expected to report 33.2 billion yen ($275 million) in net income for the quarter, according to FactSet, up slightly from 31.8 billion yen ($263 million) a year earlier.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.