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Nintendo profits surge 53% on US tariff refund

Nintendo reports a 53.5% profit increase due to unexpected Trump tariffs refund.

Sun News News Desk · Published 6 Aug 2026, 4:21 pm

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Nintendo's earnings report highlights the impact of a long-awaited tariff refund.

Key Takeaways

Nintendo reports a significant profit increase of 53.5%.
The boost is largely attributed to a refund on tariffs imposed by Donald Trump.
Overall sales for the quarter saw a decline.

Nintendo has reported a substantial surge in profits, with earnings jumping 53.5% to ¥147.4 billion (£694 million) over the three months ending June. This marked a significant improvement from expert forecasts of ¥77.8 billion.

The company attributed this remarkable increase primarily to an unexpected refund on tariffs previously imposed by former US President Donald Trump, which had been anticipated but not quantified until now.

Despite the positive financial news, Nintendo's overall sales for the quarter experienced a decline, indicating that while profits have improved, revenue from product sales has decreased.