https://wccftech.com/nintendo-q2-h1-2018-19/

During the first quarter of the current financial year, I covered the fact that Nintendo (TYO:7974) outright smashed analysts targets. This was primarily driven by sales of the Nintendo Switch, which remained strong, as well as the consistently successful software sales. The word consistent can still be applied to software sales now, though the picture hasn’t been as good as some would have liked it to have been.

Nintendo’s earnings report shows an operating profit during the second quarter of ¥30.869 billion, a 30% year on year rise, this is on the back of ¥220.748bn of revenue, a rise of less than ¥1bn or 0.03%. This slowdown marks a notable drag on the current financial year for the company, with the first half now showing net sales of ¥388.9bn, a 4% YoY increase. Profit, however, remains high at ¥61.4bn, a 53.7% YoY increase. The issue from the quarter comes with profit lagging behind estimates, according to Reuters, of around ¥36.6bn.